# The FAO Food Price Index 2024 showed falling world sugar prices

> The FAO Food Price Index averaged 127 points in December 2024, down 0.6 points from November, with sugar, dairy, vegetable oils and cereals falling and meat rising. The cereal index was flat month-on-month but 9.3% lower year-on-year, and the rice index fell 1.2%.

- Date: 2025-01-03 · published 2025-01-03T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/26626-the-fao-food-price-index-2024-showed-falling-world-sugar-prices
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

The modest declines in cereals and vegetable oils point to soft global feed-grain and oilseed price pressure entering 2025, though the monthly moves are small.

## Read by commodity

- CORN: neutral
- WHEAT: neutral
- BARLEY: neutral
- PALMOIL: bearish ▼
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-05-08 | [World food prices rise to more than three year high in April, FAO says - Grainews](https://feedsoft.ai/events/19272-world-food-prices-rise-to-more-than-three-year-high-in-april-fao-says-grainews.md) | +1.3% | -3.8% |
| CORN | 2024-01-05 | [Global food prices fell in 2023 compared to 2022, except for sugar and rice \| PBS News](https://feedsoft.ai/events/6743-global-food-prices-fell-in-2023-compared-to-2022-except-for-sugar-and-rice-pbs.md) | -1.5% | -2.4% |
| CORN | 2017-03-30 | [World grain output expected to fall as record 2016 harvest weighs on prices](https://feedsoft.ai/events/72022-world-grain-output-expected-to-fall-as-record-2016-harvest-weighs-on-prices.md) | +0.9% | +0.8% |
| CORN | 2018-02-01 | [China’s rice, soybean imports top the world in 2017 - People's Daily Online](https://feedsoft.ai/events/66383-china-s-rice-soybean-imports-top-the-world-in-2017-people-s-daily-online.md) | +0.6% | +2.1% |
| CORN | 2023-03-28 | [Food Security Update \| World Bank Response to Rising Food Insecurity \| Netherlands for the World Bank](https://feedsoft.ai/events/36757-food-security-update-world-bank-response-to-rising-food-insecurity-netherlands.md) | +0.2% | -1.0% |
| WHEAT | 2026-05-08 | [World food prices rise to more than three year high in April, FAO says - Grainews](https://feedsoft.ai/events/19272-world-food-prices-rise-to-more-than-three-year-high-in-april-fao-says-grainews.md) | +3.3% | -0.2% |
| WHEAT | 2024-01-05 | [Global food prices fell in 2023 compared to 2022, except for sugar and rice \| PBS News](https://feedsoft.ai/events/6743-global-food-prices-fell-in-2023-compared-to-2022-except-for-sugar-and-rice-pbs.md) | -2.2% | -2.1% |
| WHEAT | 2020-11-06 | [India’s rice production on the rise \| 2020-11-06  \| World Grain](https://feedsoft.ai/events/50116-india-s-rice-production-on-the-rise-2020-11-06-world-grain.md) | +0.0% | -6.3% |

## Sources

- foodmanufacture.co.uk: https://www.foodmanufacture.co.uk/Article/2025/01/03/the-fao-food-price-index-2024-showed-falling-world-sugar-prices/

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