FAO: Meat and edible oil prices are rising, global food prices reach a two-year high.

According to the information obtained from the Wisdom Financial APP, the Food and Agriculture Organization of the United Nations (FAO) has stated that global food commodity prices in July rose to their highest level in over two years. Despite the decline in prices of grains, dairy products, and sugars, the significant increase in vegetable oil prices and record-high meat prices have driven the overall food price index upward.