Food Prices Dip in October as Grain Costs Fall

World food prices fell 1.2% in October, the UN's Food and Agriculture Organization (FAO) said on 6 November 2026, led by grains like wheat and rice. The FAO tracks prices as points on a scale: food sits at 133.9, grains fell 4.5% from September to 116.8, 12.6% below October 2025. Vegetable oil rose 0.3% to 199.2 points.