According to new data released on Friday by the Food and Agriculture Organization (FAO), global food prices rose slightly in July, as recent heat waves and changes in energy prices contributed to increases in international prices for grains, vegetable oils, and sugar:
The FAO food price index, which tracks monthly changes in international prices for a basket of food commodities, averaged 131.1 points in July 2026, which is 0.6% higher than in June and 1.0% higher than in the same period last year:
The FAO grain price index increased by 3.4% compared to June, reversing the downward trend recorded in May, and was 6.9% higher than in July 2025:
Global wheat prices surged by 5.8% amid ongoing disruptions to Black Sea export flows and growing concerns about the potential impact of recent hot weather on yields in several major producing countries:
Global corn prices increased by 3.6% due to concerns about hot and dry weather in some regions of the United States:
The FAO vegetable oil price index rose by 2.0% compared to June, reaching the highest level recorded since June 2022:
The FAO meat price index fell by 2.8% from the record high reached in June:
The FAO dairy price index decreased by 0.7% in July:
The FAO sugar price index rose by 5.6% in July, recovering from the decline recorded in June:
