FAO Food Price Index Rises Amid Broad-Based Increases

The Food and Agriculture Organization's (FAO) Food Price Index (FFPI) rose in August, driven by broad-based increases across all commodity groups. The index averaged 133.3 points in August, up 2.5 points (1.9 percent) from its revised July level.

International cereal prices increased across all major grains in August, supported by robust demand and weather-related concerns over crop prospects in key producing regions. World wheat prices rose by 2.6 percent month-on-month, standing 15.0 percent above their year-earlier level.

The FAO Sugar Price Index averaged 106.4 points in August, up 11.3 points (11.9 percent) from July and reaching its highest level since June 2025. The price increase mostly stemmed from growing concerns over the global sugar supply outlook in the 2026/27 season.

The FAO Meat Price Index averaged 127.9 points in August, up 1.2 points (1.0 percent) from its revised July value and close to its level a year ago. The increase reflected higher poultry, pig and ovine meat prices.