# International dairy prices fall 1.1% in October, FAO reports

> The FAO Food Price Index averaged 133.9 points in October, down from 135.6 in September, with its dairy sub-index down 1.1% on lower butter and cheese prices. Cereal and meat indices also declined, while the overall index stayed 5.9% above the year-earlier level. Brazilian milk prices are under pressure in early November as supply rises and imports grew 7.5% in October.

- Date: 2026-11-15 · published 2026-11-15T12:30:16.953Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/101322-international-dairy-prices-fall-1-1-in-october-fao-reports
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md), [Nonfat Dry Milk](https://feedsoft.ai/c/NFDM.md)

## Why it matters

Falling international butter and cheese prices, together with rising Brazilian milk supply and imports, point to softer dairy ingredient prices for feed and dairy buyers.

## Read by commodity

- MILK: bearish ▼
- NFDM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| MILK | 2020-04-24 | [Dairy prices fall as milk production rises](https://feedsoft.ai/events/6500-dairy-prices-fall-as-milk-production-rises.md) | -13.8% | -7.5% |
| MILK | 2018-11-02 | [Global food prices dip in October amid declines in dairy and sluggish palm oil demand](https://feedsoft.ai/events/6993-global-food-prices-dip-in-october-amid-declines-in-dairy-and-sluggish-palm-oil.md) | -3.0% | -2.8% |
| MILK | 2017-12-01 | [IFCN says low milk production in 2016 caused 2017 price peak - Dairy Industries International](https://feedsoft.ai/events/67495-ifcn-says-low-milk-production-in-2016-caused-2017-price-peak-dairy-industries.md) | +0.9% | +0.2% |
| MILK | 2017-06-26 | [Optimism growing faster than supply, says Rabobank - Dairy Industries International](https://feedsoft.ai/events/70506-optimism-growing-faster-than-supply-says-rabobank-dairy-industries-international.md) | -3.9% | -5.2% |
| MILK | 2026-02-01 | [USDA says milk, dairy product prices fell in December](https://feedsoft.ai/events/21217-usda-says-milk-dairy-product-prices-fell-in-december.md) | +5.2% | +2.1% |

## Sources

- paracaturural.com: https://www.paracaturural.com/precos-internacionais-de-laticinios-recuam-11-em-outubro-aponta-fao/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.