
Global Food Prices Surge as Sugar, Dairy, and Vegetable Oil Hit Record Highs—What this Means Consumers & Global Economies.
Global food prices have risen sharply, driven by significant increases in the cost of sugar, dairy, and vegetable oils. According to the latest data from the Food and Agriculture Organization (FAO), this upward trend in food prices is putting pressure on consumers, businesses, and governments alike. But what’s behind this surge, and how will it…