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[INTERNATIONAL] · United States, Indonesia, Brazil, Türkiye, Romania · 18 sources

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Part of situation: Global food price index fluctuations (7 clusters)

FAO Food Price Index hits three-year high in July

FAO Food Price Index global food inflation cereal prices climate impact on crops geopolitical food security

The FAO Food Price Index rose by 0.6% in July to reach 131.1 points, marking its highest level since January 2023. This increase was primarily driven by rising prices for cereals, sugar, and vegetable oils, which outweighed declines in the meat and dairy sectors.

Cereal prices increased by 3.4% month-on-month, largely due to a 5.8% jump in wheat prices. This surge is attributed to supply disruptions in the Black Sea region caused by the Russia-Ukraine conflict, alongside extreme heatwaves impacting crops in major producing regions. Maize prices also rose by 3.6% due to drought conditions in the U.S. Corn Belt and rising energy costs.

Vegetable oil prices climbed 2% to their highest level since June 2022, supported by high demand for palm and soybean oils in the biodiesel industries of Indonesia and the United States. Sugar prices jumped 5.6% as climate concerns, including El Niño and droughts in Europe and Asia, impact yields, while new regulations in Brazil increase ethanol demand.

Conversely, meat prices fell by 2.8%, marking the first monthly decline of the year, and dairy prices decreased by approximately 0.7%. Geopolitical tensions in the Middle East and potential disruptions in fertilizer supplies via the Strait of Hormuz remain significant underlying risks to global food security.

Entities

Black Sea · Black Sea region · El Niño · El Niño · European Union · FAO · Food and Agriculture Organization (FAO) · Indonesia · Máximo Torero · Strait of Hormuz · United Nations · United States

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

Materie prime alimentari, a luglio i prezzi mondiali sono aumentati dello 0,6% [www.italiaatavola.net]
Küresel Gıda Fiyatları Son 3,5 Yılın Zirvesine Çıktı - The Epoch Times TR [epochtimestr.com]
Pšenica, ulje i šećer ponovo poskupjeli: Stiže li novi udar na cijene hrane? [zosradio.ba]
Global food prices hit three-year high as weather and war bite [thesheffieldpress.com]
Climat et conflits font flamber les prix alimentaires - Global Diaspora News [www.globaldiasporanews.com]
Küresel gıda fiyatları 3,5 yılın zirvesinde [baskentgazete.com.tr]
Harga makanan global naik, dipacu cuaca panas dan ketegangan geopolitik [berita.rtm.gov.my]
Prețurile alimentelor ating un nou record: căldura și războaiele împing în sus costurile la nivel mondial - Jurnalul de Arges [jurnaluldearges.ro]
Küresel gıda fiyatları yükseldi: Son 3,5 yılın zirvesini gördü [www.ekonomist.com.tr]
Gıda fiyatlarındaki yükseliş son 3 yılın en yüksek seviyesine çıktı [www.ulusalpost.com]
Les prix mondiaux des denrées alimentaires atteignent leur plus haut niveau depuis trois ans [fr.businessam.be]
الأمم المتحدة: أسعار الأغذية العالمية تصل لأعلى مستوى منذ 3 سنوات - جريدة الصباح الجديد [newsabah.com]
Aşırı sıcaklar, savaşlar ve lojistik kriz gıda fiyatlarını patlattı [www.odatv.com]
Παγκόσμιο «ράλι» στις τιμές τροφίμων, κίνδυνος για νέα φτώχεια – Ο ΟΗΕ χτυπά τις «καμπάνες» [www.ieidiseis.gr]
FAO : céréales, sucre et huiles végétales tirent les prix vers le haut [www.leconomistemaghrebin.com]
Laporan FAO: Konflik Teluk hingga El Nino Pemicu Lonjakan Harga Pangan Global [rmol.id]
Global food prices rise to highest level in more than three years [www.emirates247.com]
Clima extremo e guerra pressionam grãos e elevam preços globais dos alimentos | Exame [exame.com]