Global Food Prices Hit Three-Year High in July at 131.1, FAO Reports

The FAO Food Price Index averaged 131.1 points in July 2026, its highest reading in three years, as adverse weather and armed conflict constrained global food supplies. The index remains 18.4 percent below its March 2022 peak. A 2 percent decline forecast for 2026/27 world cereal production adds to supply concerns as demand stays firm.