Food market in Ethiopia. World food prices decreased in September Economic development global prices for food products have slightly decreased in September – this is evidenced by the new data of the UN (FAO) food and agricultural organization. The main factor in the decrease was the drop in sugar and dairy products. The FAO food price index, which tracks the monthly changes in international prices for key food products, amounted to 128.8 points in September – just below the August level (129.7). In annual terms, the index increased by 3.4 percent. grain: stability against the background of record crops grain prices compared to August 0.6 percent. World wheat prices fall for the third month in a row-against the background of weak demand and large yields in leading manufacturing countries. ~ 60 > corn prices were reduced due to the forecasts of abundant supplies and temporary cancellation of export duties in Argentina. The rice has fallen in price by 0.5 percent-due to a decrease in procurement by the Philippines and African countries. ~ 60 > vegetable oils and dairy products are cheaper 60 > 62 > 62 > 62 > 62 > 62 > 62 > 62 > 62 > 62 > 62 > 62 > 62The price of vegetable oil prices decreased by 0.7 percent, which contributed to the drop in the quotes of palm and soy oil. In Malaysia, significant reserves of palm oil were accumulated, and Argentina increased the export volumes of soybean. At the same time, the prices for sunflower and rapeseed oil rose a little. dairy products fell 2.6 percent. Prices for butter – by seven percent, which is associated with the end of the ice cream consumption in the Northern Hemisphere and favorable production forecasts in Australia and New Zealand, decreased especially noticeably. Prices for milk powder decreased due to weak demand and increased competition in export markets. The cheese fell insignificantly. ~ 60 > meat rides ~ 60 > 62 ~ meat index of 0.7 percent, reaching a record level – now it is 6.6 percent higher than a year ago. The beef was especially noticeable, the demand for which remains high in the United States. This stimulates imports, supporting prices. The cost of lamb also increased, while the quotes of pork and poultry remained stable. Sugar: minimum prices since March 2021 sugar price index decreased by 4.1 percent, reaching the lowest level over the past four and a half years. The reason was the record volumes of production in Brazil, as well as favorable crop forecasts in India and Thailand – thanks to abundant monsoon rains and expansion of sown areas. 60 > forecasts for 2025: growth in production and trade grain ~ 60 > in her report FAO presented updated forecasts for global production of grains in 2025. The total volume is expected at the level of 2,971 million tons – 3.8 percent higher than last year, which will become the largest annual growth since 2013. The growth will provide increased wheat volumes in Australia, corn – in the USA and rice – in India. 60 > grain consumption in 2025/26 is predicted at 2,930 million tons – with sufficient supplies both for food needs and for feed. World grain reserves by the end of the 2026 season can reach 900.2 million tons, and rice reserves – a record level. 60 > international grain trade, according to FAO, will increase by 2.5 percent and reach 497.1 million tons. The main contribution will make an increase in wheat trade, while rice exports will be reduced-due to a decrease in demand in Asia and Africa against the background of good local yields and large procurement made earlier in 2025. ~ 60 > 62 ~