World food prices fell for the fourth consecutive month in December, but overall 2025 food costs remained higher than the previous year, the United Nations’ Food and Agriculture Organization reported Friday. The FAO’s Food Price Index, which tracks a basket of key food commodities, dropped to its lowest point since January 2025, reflecting easing cost pressures for staples as markets adjusted. Dairy prices led the December decline with a 4.4% drop, driven by increased cream availability in Europe, while meat and cereal prices also pulled back slightly from earlier highs. Despite the recent declines, prices for many categories remained elevated for the full year: dairy up more than 13% and meat up about 5% compared with 2024. Vegetable oil prices stayed at multi-year highs amid tight supplies, and cereal prices rose modestly on concerns over Black Sea export constraints. The FAO said ongoing geopolitical instability and strong global demand continued to influence markets.
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