Global food prices fall in October: Why wheat, dairy and meat are getting cheaper

In October, global food prices saw a decline, largely influenced by falling prices in the dairy, cereal, and meat categories. The FAO Cereal Price Index noted a substantial drop, attributed to positive production forecasts and weaker demand. Conversely, sugar prices escalated due to adverse weather affecting Brazil's sugarcane. Meanwhile, vegetable oil prices rose slightly amid unstable oil…