Surge in Global Food Prices Hits Two-Year High

World food commodity prices surged to a two-year high in July, driven by increased meat and vegetable oil prices, according to the UN's FAO. The FAO Food Price Index hit 130.1 points, a 1.6% rise from June, though still 18.8% below its March 2022 peak.

Global food commodity prices soared in July to their highest level in more than two years, as the United Nations' Food and Agriculture Organization reported a rise driven primarily by escalating meat and vegetable oil prices.

The FAO Food Price Index, a critical global benchmark for food commodity prices, registered an average of 130.1 points in July 2025, marking a 1.6% increase from June levels.

Despite this surge, the index remains 18.8% below its peak of March 2022, when prices spiked following the onset of Russia's full-scale invasion of Ukraine. In July, the rise in meat and vegetable oil prices surpassed declines in cereal, dairy, and sugar prices, according to FAO figures.

(With inputs from agencies.)