# FAO Food Price Index | World Food Situation | Food and Agriculture Organization of the United Nations

> The FAO Food Price Index averaged 122.3 points in June 2023, down 1.4% from May. The index is continuing its downward trend and sits 23.4% below its March 2022 peak.

- Date: 2023-07-14 · published 2023-07-14T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/5098-fao-food-price-index-world-food-situation-food-and-agriculture-organization-of
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The continued decline signals easing global food price pressure, which typically supports lower feed input costs. Monthly index moves reflect broad cereal, oilseed and dairy trends.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-12-03 | [World food price index jumps in November to almost six-year high - FAO](https://feedsoft.ai/events/5276-world-food-price-index-jumps-in-november-to-almost-six-year-high-fao.md) | -0.7% | -0.4% |
| RICE | 2024-01-11 | [932. December 2023 World Food Price Index \| Japan International Research Center for Agricultural Sciences \| JIRCAS](https://feedsoft.ai/events/32196-932-december-2023-world-food-price-index-japan-international-research-center.md) | +2.7% | +8.9% |
| RICE | 2026-01-13 | [1415. World Food Price Trends, December 2025 \| Japan International Research Center for Agricultural Sciences \| JIRCAS](https://feedsoft.ai/events/12588-1415-world-food-price-trends-december-2025-japan-international-research-center.md) | +7.0% | +12.4% |
| RICE | 2024-02-02 | [FAO Food Price Index down again in January led by lower wheat and maize prices](https://feedsoft.ai/events/7200-fao-food-price-index-down-again-in-january-led-by-lower-wheat-and-maize-prices.md) | +3.0% | +0.6% |
| RICE | 2023-08-09 | [FAO Food Price Index declines in August](https://feedsoft.ai/events/34646-fao-food-price-index-declines-in-august.md) | -1.9% | +5.4% |

## Sources

- archive.ph: https://archive.ph/ByI2r

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