The FAO Food Price Index averaged 136.0 points in September, up from the adjusted 134.0 points in August and reaching its highest level since November 2022.
According to the FAO's benchmark index, prices of cereals, sugar, and vegetable oils all increased last month, while prices of meat and dairy decreased.
FAO's chief economist , Maximo Torero, said disruptions in the Strait of Hormuz and the Black Sea, combined with climate shocks, are putting pressure on energy, transport, and key food commodities.
If prolonged, such pressures could eventually be passed on to consumer food prices, particularly in countries dependent on food and energy imports.
According to the FAO, concerns about a severe El Niño weather pattern have pushed international sugar prices to their highest level in 18 months, while trade disruptions in the Black Sea amid conflict have driven wheat futures prices to a three-year high in early September.
The FAO forecasts global cereal production in 2026 to reach 2.979 billion tonnes, essentially unchanged from its previous forecast.
This figure is 2.1% lower than the 2025 level, but it would still be the second highest in history.
The FAO also cut its forecast for global grain trade in 2026-2027 by 0.7% compared to September, due to the impact on wheat and maize exports amid restrictions on Black Sea shipping routes.
Source: https://anninhthudo.vn/gia-luong-thuc-toan-cau-cham-muc-cao-nhat-4-nam-post670739.antd
