World’s Food Prices Fell in October on Cheaper Meat, Dairy and Sugar

Meat prices dropped 2% last month, ending an eight-month streak of increases due to sharply lower pig and poultry prices. However, overall meat prices remain 4.8% higher than a year ago, with bovine meat continuing to rise amid firm global demand. In contrast, vegetable-oil prices rose 0.9% last month to their highest level since July 2022. Read more here.