The price of food items in the world market has increased again, the highest since 2022
. The price of food items in the world market has risen again. According to the Food and Agriculture Organization of the United Nations (FAO), the food price index reached 133.3 points in August. This is 1.9 percent higher than in July and 2.5 percent compared to a year ago. This is the highest level since the end of 2022.
According to the FAO, the impact of the increase in food prices was seen in all five major commodity groups.
Extreme weather, geopolitical tensions and disruptions to trade and transport systems are increasing supply risks to the world’s key agricultural products.
Stephane Dujarric, spokesman for the UN Secretary-General, also said that food prices are rising again due to weather-related risks. According to him, the main reason for the increase in the global food price index in August is that high temperatures and other weather-related risks have increased supply concerns.
Biggest increase in sugar prices
According to FAO data, the sugar price index rose the most in August. Sugar prices rose 11.9 percent in one month to the highest level since June 2025. The FAO said that the price increase was due to growing concerns about global sugar supply during the 2026÷27 production season. Extreme heat and dry weather in the European Union and some parts of Asia, the possibility of a decrease in sugar production in Brazil and India’s decision to allow duty-free raw sugar imports have also contributed to the price rise.
The price of wheat and maize also increased
The price index for food crops rose by 2.2 percent in August. This is the highest level since May 2024. Wheat prices have increased by 2.6 percent. The main reasons for this are the continued disruption of exports and transportation from the Black Sea region, the expectation of a decrease in production due to heat and drought in some parts of Europe, and the weakening of the US dollar.
Similarly, corn prices rose by 2.5 percent. Concerns about reduced production in some areas of the U. S. and the European Union, strong demand from the ethanol and animal feed industries, and disruptions to exports from Ukraine have pushed up maize prices, the FAO said. The vegetable oil price index also rose 0.6 percent. This is the third consecutive month of increase and has reached the highest level since June 2022. The price of meat increased by 1 percent and the price of dairy products by 2.3 percent. The price of dairy products increased for the first time in four months. Despite the rise in food prices, the FAO food price index for August is still 16.8 per cent lower than the level set in March 2022. The FAO has lowered its forecast for global food production for 2026 by 3.4 million tonnes compared to July. However, total production is expected to remain historically high. According to the FAO, global grain production is expected to reach about 2.98 billion metric tons by 2026. Although this is the second-largest production ever, it is about 2 percent less than last year. By the end of 2026÷27, global food stocks are projected to reach 947.2
0 million tonnes, down 1.1 percent from previous estimates. Uncertainty in the global food market is increasing due to climate change risks, regional conflicts and transportation disruptions, the FAO said.
Even though production is high, supply chain disruptions are likely to put additional pressure on food prices in the coming days. CCTV
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