This article from the BBC looks at the changes in the UN Food and Agriculture Organization's (FAO)'s food price index which tracks prices around the world of a range of food including cereals, oilseeds, dairy products, meat and sugar. According to the index, food prices in May were 4.8% higher than April - the biggest monthly rise since October 2010 - and 39.7% higher than this time last year (May 2020). All five components of the index rose, led by the surging cost of vegetable oils, grain and sugar, which pushed the index up to its highest overall level since September 2011. These changes impact producers and consumers, particularly as part of Covid economic recovery.
Read the full story from the BBC here: UN: Cost of food rises at fastest pace in over a decade