World food prices fall for third month in November, UN's FAO says
World food commodity prices fell for the third consecutive month in November, with declines in sugar, dairy, vegetable oil, and meat prices, except for cereals which rose. The FAO Food Price Index averaged 125.1 points, the lowest since January. The FAO raised its global cereal production forecast for 2025 to a record 3.003 billion metric tons, with increased wheat output estimates.