"Food Prices Declining in 2025: October Report"

Global food prices have started to settle at their lowest levels of 2025 with the decline seen in October. The FAO Food Price Index has decreased for the second consecutive month in October, reaching its lowest level since January. This decline is attributed to the strong performance of global agricultural supply and the favorable climatic conditions in the Southern Hemisphere.

In particular, the cereal price index fell by 1.3 percent in October, marking its lowest level since September 2020. As winter approaches, the steady progress in the planting of winter wheat in the Northern Hemisphere has put pressure on wheat prices. All these factors contribute to the overall decline in food prices.

Additionally, a significant sharp decline in dairy product prices has been observed. These changes are associated with both excess production and fluctuations in demand balances. Researchers emphasize that, while analyzing this situation, market dynamics as well as seasonal factors should also be considered. The supply-demand balance of agricultural products on a global scale, especially regarding basic food items like dairy and cereals, should be monitored closely.

Finally, it is anticipated that these fluctuations in the food sector will have significant economic impacts on both producers and consumers. While the decline in food prices may help alleviate inflationary pressures, it also poses challenges for agricultural producers in maintaining reasonable price levels. Therefore, this situation indicates that markets need to be continuously monitored.