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Global Food Prices Hit 3.5-Year High as Wheat Jumps 36% Amid Heatwaves and War

Wholesale costs for essential commodities like wheat, maize, and sugar spiked significantly in September, pushing the FAO tracking index to a peak not seen since late 2022. The compounding effects of geopolitical bottlenecks and severe droughts are forcing importers to scramble for alternative supplies.

Factlen Newsroom· Updated

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Illustration: Logistical constraints at major international shipping hubs have severely reduced export availability for staple grains.From: Global Food Prices Climb to Nearly Four-Year High Amid Trade Disruptions and Climate Shocks

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Charts, maps and images

Global cereal prices surged in September 2026, with wheat and maize hitting multi-year highs.From: Global Food Prices Climb to Nearly Four-Year High Amid Trade Disruptions and Climate Shocks ·
Adverse weather conditions across key growing regions have driven up wholesale costs for sugar and cooking oils.From: Global Food Prices Climb to Nearly Four-Year High Amid Trade Disruptions and Climate Shocks ·
Global wheat prices are projected to jump 36% year-on-year by the third quarter of 2026.From: Global Food Prices Hit 3.5-Year High as Wheat Jumps 36% Amid Heatwaves and War ·
Disruptions to critical shipping routes in the Black Sea and the Strait of Hormuz have driven up the cost of agricultural inputs like diesel and fertilizer.From: Global Food Prices Hit 3.5-Year High as Wheat Jumps 36% Amid Heatwaves and War ·

Timeline

October 2026

  1. Global Food Prices Climb to Nearly Four-Year High Amid Trade Disruptions and Climate Shocks

August 2026

  1. Global Food Prices Hit 3.5-Year High as Wheat Jumps 36% Amid Heatwaves and War