PERSPECTA

News from every angle

← Back to headlines

Global Food Prices Rise in July Due to Costly Cereals and Sugar

Global food prices increased in July, driven by rising costs for cereals, sugar, and vegetable oils. This surge is attributed to factors like heat and energy prices, prompting warnings for consumers.

7 Aug, 15:27 — 7 Aug, 15:27
PostShare

Sources

Showing 1 of 3 sources
Times of IndiaMostly Factual19d ago

Food for thought: Global food prices rise in July as cereals, sugar turn costly

In July, global food prices saw a notable rise, with cereals, vegetable oils, and sugar reflecting increased costs. Wheat and maize surged due to weather conditions and market apprehensions. Vegetable oils peaked since June 2022, bolstered by robust demand. Sugar prices also rebounded, driven by weather impacts and expectations around ethanol use. Conversely, meat and dairy prices faced a downturn during this period.

By SHIVANGHI PAYAL

Read full article →

Coverage Timeline

First report: observador · 7 Aug, 10:48Full coverage: 3 · 5hWindow: 5h
Left-leaningCenterRight-leaning
observador7 Aug, 10:48First to report

Calor e energia elevam preços mundiais dos alimentos

5h later
n1-bih7 Aug, 15:24

Cijene hrane ponovo rastu, stiglo upozorenje za građane: Poskupjeli pšenica, kukuruz, šećer i biljna ulja

Times of India7 Aug, 15:27Latest update

Food for thought: Global food prices rise in July as cereals, sugar turn costly

Related Stories

Mystery Projectile Strikes Tanker in Strait of Hormuz Amid Ongoing Attacks

22m ago

CIA Director Warns Russia Against Attacking NATO During Secret Moscow Visit

26m ago

Algeria Wildfires Kill at Least 12 as Blazes Rage Across Provinces

28m ago

Trump Bans Foreign Energy Equipment From U.S. Power Grid Amid Trade Tensions

37m ago