Official figures

World food prices fell 1.2 percent in October as cereals eased, FAO says

The United Nations Food and Agriculture Organization said its food price index averaged 133.9 points in October 2026, down 1.2 percent from September but 5.9 percent above a year earlier. The cereal index fell 4.5 percent to 116.8 points. The agency linked lower wheat prices to subdued international demand and a better production outlook, and lower maize prices to harvest pressure in the United States. The vegetable oil index edged up 0.3 percent to 199.2 points, and the agency said soybean oil reached its highest level since late 2022.

World events. Added November 8, 10:10 pm Saskatchewan time.References 1