rki.news | Sources Xinhua
ROME: Global food prices rose in September to their highest level in nearly four years amid logistical disruptions and concerns over weather conditions, the UN Food and Agriculture Organization (FAO) said Friday.
The FAO Food Price Index averaged 136.0 points last month, up from a revised 134.0 points in August and reaching its highest level since November 2022.
Prices for cereals, sugar and vegetable oils increased, while meat and dairy prices declined.
FAO Chief Economist Maximo Torero said disruptions in the Strait of Hormuz and the Black Sea, along with climate shocks, were putting pressure on energy, transport and key food commodities.
He warned that sustained pressures could eventually affect consumer food prices, particularly in countries dependent on food and energy imports.
Concerns over a severe El Nino pattern pushed international sugar prices to an 18-month high, while Black Sea trade disruptions drove wheat futures to a three-year peak in early September.
The FAO forecast 2026 global cereal production at 2.979 billion metric tons, 2.1 percent below 2025 but still the second-highest level on record.
Global Food Prices Reach Highest Level Since 2022
