Crop prices saw their largest monthly jump in over a decade. Wheat prices reached a three-year high as Black Sea shipments were impacted. Sugar and cocoa also increased substantially due to El Niño weather worries. These rising costs threaten everyday pantry staples like bread and dairy.

Wheat was one of the main drivers of the increase, with prices recently reaching a three-year high

Crop prices are set to cap their biggest monthly jump in over a decade as wars and weather raise concerns about food inflation. Read on