Global food commodity prices ease amid improved supply conditions and trade concerns

The World Bank’s food commodity price index edged down in April, extending the 2 percent decline in 2025Q1. Over the first four months of the year, food prices fell 4 percent compared to the same period in 2024. The decline was led by an 8 percent fall in grain prices driven by improved production prospects in major exporting countries. Weaker prices for oils and meals, along with a roughly 3 percent decline in other food categories, also contributed to the overall decline. Persistent concerns about the impact of trade tensions on global demand have added further downward pressure on prices, reinforcing the softening trend.