World food prices rose in September, driven by cereal and sugar costs, as transportation disruptions and weather concerns limited supplies, the UN Food and Agriculture Organization said. The FAO food price index averaged 136 points, up 1.5% from August and 5.8% year-over-year. Sugar prices jumped 6.1%, marking their third straight monthly gain and reaching their highest level since April 2025.
Cereal prices rose 5.1%, with wheat hitting a 2023 high and maize surpassing a three-year peak. Maximo Torero warned that persistent global commodity price pressures from Strait of Hormuz and Black Sea disruptions could soon reach consumers.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing