War and weather push food prices to their highest level in three years, with expectations of a new wave of inflation.
Global food prices hit their highest level in more than three years in July, according to figures from the United Nations Food and Agriculture Organization (FAO), as reported by Reuters.
The rise in food prices is attributed to several factors, including weather conditions and climate change, and the escalation of war in the Middle East and the war in Ukraine, which affect grain shipments across the Black Sea.
The chief economist at the United Nations Food and Agriculture Organization told Reuters that the world could face another wave of food price inflation, as wars in Iran and Ukraine and the El Niño climate phenomenon create a “perfect storm” of rising costs and falling crop yields.
Food organizations in Europe and Denmark have already warned that summer heat waves and a dry spring will affect crops and prices, according to DR.
In Denmark, the latest official data from Statistics Denmark shows that food prices fell by 0.9% in June 2026 compared to the same month last year, but economists warn that continued disruptions to global supply chains and rising shipping and energy costs could lead to renewed pressure on food prices in the coming months.
