UN warns climate shocks and geopolitical tensions are fueling fresh uncertainty across food markets.
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Global food prices have climbed to their highest level since late 2022, as the United Nations warns that worsening climate shocks and geopolitical tensions are increasing pressure on food supplies.
The Food and Agriculture Organization’s latest price index rose in August, with gains across grains, sugar, dairy, vegetable oils and meat reflecting mounting concerns over global production and trade.
FAO Chief Economist Máximo Torero said extreme weather, disrupted trade routes and geopolitical instability are combining to tighten supply expectations and revive uncertainty in food markets.
The UN warned that continued climate-related disruptions and prolonged conflicts could keep food prices volatile, raising concerns about affordability and food security for vulnerable populations around the world.
