financetom
Business
financetom
/
Business
/
World food prices rise to two-year high in July, FAO says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
World food prices rise to two-year high in July, FAO says
Aug 8, 2025 1:34 AM

PARIS (Reuters) -World food commodity prices rose in July to their highest in more than two years, driven by rising international prices for meat and vegetable oils, the United Nations' Food and Agriculture Organization said on Friday.

The FAO Food Price Index, which serves as a global benchmark for food commodity prices, averaged 130.1 points in July 2025, marking a 1.6% increase from June, FAO said.

That was the highest reading since February 2023, though the index was 18.8% below its peak of March 2022, which followed Russia's full-scale invasion of Ukraine.

In July, gains for meat and vegetable oil prices outweighed declines observed in cereal, dairy and sugar, FAO said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Crown Castle Q2 AFFO, Revenue Decline
Crown Castle Q2 AFFO, Revenue Decline
Jul 23, 2025
04:46 PM EDT, 07/23/2025 (MT Newswires) -- Crown Castle ( CCI ) reported Q2 adjusted funds from operations late Wednesday of $1.02 per diluted share, down from $1.03 a year earlier. Analysts polled by FactSet expected $1.00. Net revenue for the quarter ended June 30 was $1.06 billion, down from $1.11 billion a year earlier. Analysts surveyed by FactSet expected...
RenaissanceRe Q2 adjusted EPS beats estimates
RenaissanceRe Q2 adjusted EPS beats estimates
Jul 23, 2025
Overview * RenaissanceRe ( RNR/PF ) Q2 net income $826.5 mln, operating income $594.6 mln * The reinsurer's adjusted EPS of $12.29 beats analyst expectations, per LSEG data * Co repurchased 1.6 mln shares, costing $376.4 mln, avg price $242.18 Outlook * Company expects favorable underwriting and investment environments to continue Result Drivers * UNDERWRITING PERFORMANCE - Strong underwriting results...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Southwest misses profit expectations as weak domestic demand erodes fares
Southwest misses profit expectations as weak domestic demand erodes fares
Jul 23, 2025
(Reuters) -Southwest Airlines ( LUV ) missed Wall Street estimates for second-quarter profit on Wednesday, pressured by weak domestic travel demand that has led to more empty seats and softer fares. Shares of the carrier were down 2% in aftermarket trading. The budget carrier reported an adjusted profit per share of 43 cents, compared with analysts' average expectations of 51...
Copyright 2023-2026 - www.financetom.com All Rights Reserved