23 Hrs
Source:
عين ليبيا
Food prices surge: wheat, corn, sugar
Global food prices rose by 1.9% in August 2026, reaching their highest level since late 2022, due to growing concerns over supply disruptions caused by adverse weather conditions, geopolitical conflicts, and logistical disruptions in the Black Sea. Grain prices increased by an average of 2.2%, with wheat prices notably rising by 2.6% due to export disruptions and declining European production forecasts, along with a 2.5% increase in maize prices. Sugar experienced the largest jump at 11.9%, amid escalating challenges related to supply and trade, highlighting the need to safeguard trade continuity to ensure global price stability.
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