- Global food prices jumped in August to their highest since late 2022 as extreme heat, drought and a looming El Niño — plus wartime trade disruptions — tightened supplies.
- Grains hit multi-year highs and sugar spiked sharply, stoking concerns about grocery costs and market volatility.
- The UN's FAO trimmed its 2026 cereal output forecast and cut projected stocks, signaling more uncertainty for food supplies ahead.
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