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Investing.com -- World food commodity prices climbed to their highest level in more than two years during July 2025, according to the United Nations’ Food and Agriculture Organization (FAO) on Friday.
The FAO Food Price Index, which tracks global food commodity prices, averaged 130.1 points in July, representing a 1.6% increase from June levels. This marks the highest reading since February 2023.
Despite the increase, current prices remain 18.8% below the peak recorded in March 2022, which occurred following Russia’s full-scale invasion of Ukraine.
The July rise was primarily driven by increasing international prices for meat and vegetable oils. These gains were substantial enough to offset price declines observed in cereals, dairy products, and sugar during the same period.
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