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World food prices at highest since 2022, says UN
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<span class="field field-title">World food prices at highest since 2022, says UN</span>
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<div class="field field-field-text"><p>World food prices rose in August to their highest since late 2022, impacted partly by the war on Iran, the United Nations' Food and Agriculture Organisation (FAO) said on Friday.</p>
<p>Extreme heat and drought in Europe, the threat of a severe El Nino weather pattern and trade upheaval caused by the Ukraine and Iran wars have unsettled agricultural markets, pushing grain prices to three-year highs and sugar to a one-year peak, the agency said.</p>
<p>The FAO Food Price Index, which tracks monthly changes in a basket of internationally traded food commodities, averaged 133.3 points in August, up from July's revised reading of 130.8.</p>
<p>That was the highest score since November 2022, though nearly 17 percent below a record peak from March 2022, after Russia's full-scale invasion of Ukraine, Reuters reported.</p>
<p>Escalating attacks in the Black Sea have curtailed grain shipments from Russia and Ukraine, while the war on Iran is still straining flows of fertiliser for crops.</p>
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