Global food prices reach three-year high as heatwaves and wars increase crop costs.
FAO’s food price index reached 131.1 in July, its highest since January 2023, as cereal and wheat costs rose.
OriginalSourceThe GuardianUnited KingdomLeanCenter-leftCredibilityPublished11:47 UTCRatings: AllSides, MBFCSourceThe GuardianUnited KingdomLeanCenter-leftCredibilityPublished11:47 UTCRatings: AllSides, MBFC
“Global food prices at three-year high as heatwaves and wars push up crop costs”
Global food prices reach three-year high as heatwaves and wars increase crop costs.
Key points
- FAO food price index rose to 131.1 in July, highest since Jan 2023.
- Cereal costs up 3.4% month-on-month; global wheat up 5.8%.
- Heatwaves and El Niño fears hit yields; EU weather impacts noted.
- Trade disruptions in Black Sea and infrastructure damage boost prices.
- WFP warns 50 million could face acute hunger by next year due to El Niño.
Other reports
- SourceThe Wall Street JournalUnited StatesLeanCenterCredibilityRatings: AllSides, MBFCRead at The Wall Street JournalSourceThe Wall Street JournalUnited StatesLeanCenterCredibilityRatings: AllSides, MBFCRead at The Wall Street Journal
“Food Prices Rise in July As Weather, Wars Lift Costs and Weigh on Crop Yields, UN FAO Says”
How it got here
The Guardian publishes the article.
concise reads it.
Grouped with The Wall Street Journal’s report as story 6.
The Brief ranks it 6th.
6 6 Global food prices reach three-year high as heatwaves and wars increase crop costs.
FAO’s food price index reached 131.1 in July, its highest since January 2023, as cereal and wheat costs rose.