Global food prices rose 1.9% in August as FAO reports sharp sugar surge and higher wheat, maize, dairy, meat and vegetable oil costs amid climate and trade risks

Global sugar prices rose sharply in August, driven by adverse weather and El Nino impacts. Lower production in Europe and Asia contributed to the significant price increase. …

Global sugar prices soared 11.9% in August due to adverse weather, reduced Brazil output, and India's duty-free imports, FAO reports.