Global Food Prices Reach Three-Year High in July, FAO Says

The FAO Food Price Index hit 131.1 in July 2026 — a three-year high — as bad weather and conflict squeezed supplies. The index tracks global food commodity prices. It's still 18.4 percent below its March 2022 peak. A forecast 2 percent drop in 2026/27 cereal production deepens supply worries with demand holding firm.