FAO: Global Food Prices Hit Highest Level Since January 2023 in July 2026
The UN Food and Agriculture Organization said global food commodity prices rose in July to their highest level since January 2023, as food-security risks deepen.
The UN Food and Agriculture Organization said global food commodity prices rose in July to their highest level since January 2023, as food-security risks deepen.
The Food and Agriculture Organization released its July 2026 Food Price Index update on Aug. 7, following a June reading of 130.3 points.
The FAO Food Price Index edged lower in June, while vegetable-oil prices rose sharply from both the previous month and a year earlier.
The FAO Food Price Index averaged 130.3 points in June 2026, down 0.3% from May, as lower wheat prices offset higher poultry quotations.
The World Food Programme says conflict, weather extremes and reduced aid funding are threatening food access worldwide, even as a separate U.N. report finds global hunger eased for a third consecutive year.