World food prices near four-year high in September, UN says


FILE PHOTO: An employee uses a wheel loader to load wheat grains from a storage facility to a truck at a compound of a farm, in Zhytomyr Region, Ukraine August 7, 2026. REUTERS/Valentyn Ogirenko/File Photo

PARIS, Oct 2 (Reuters) - World ⁠food prices rose in September to their highest in nearly ⁠four years as logistics disruptions and weather concerns affected ‌crop markets, theUnited Nations' Food and Agriculture Organization said.

Fears about a severe El Nino weather pattern have pushed international sugar prices to an 18-month high, while a ​war-related collapse in Black Sea trade pushed ⁠wheat futures to a three-year ⁠peak early last month.

The FAO Food Price Index, which tracks monthly ⁠changes ‌in international prices for a basket of food commodities, averaged 136.0 points, up from a revised 134.0 for August ⁠and the highest reading since November 2022.

FAO's benchmarks for ​cereal, sugar and ‌vegetable oil prices all rose last month, though meat and ⁠dairy quotations ​fell.

“We are seeing a persistent and increasingly broad-based build up in global commodity prices, as disruptions in the Strait of Hormuz and the Black ⁠Sea combine with climate shocks, putting pressure ​on energy, transport and key food commodities,” FAO Chief Economist Maximo Torero said.

“If sustained, these pressures will soon pass through to consumer food ⁠prices, especially in food and energy import-dependent countries,” he said in a statement.

In a separate report, FAO kept its forecast for global cereal production in 2026 almost unchanged at 2.979 billion metric tons, ​2.1% below the previous year's peak but ⁠still the second-largest harvest on record.

FAO cut its forecast for world cereal ​trade in 2026/27 by 0.7% from September, ‌citing lower wheat and maize export ​expectations due largely to constrained Black Sea shipping routes.

(Reporting by Gus Trompiz; Editing by Kirsten Donovan and Emelia Sithole-Matarise)

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