Global food prices reached their highest level since November 2022 in August due to adverse weather conditions and geopolitical conflicts impacting supply chains.

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Maximo Torero
1 quote“August’s increase in global food prices is a warning that the risk premium is returning to food markets: climate shocks, geopolitical tensions and disrupted trade logistics are converging to tighten supply expectations”
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- [1]The Hindu BusinessLineneutralWorld food prices at highest since 2022 as supply risks mount, FAO says