World food prices at highest since 2022, says UN
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. 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.
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