15:43 - 7.08.2026

---

August 7, Fineko/abc.az. Focus in global food markets has shifted from initial geopolitical shocks to weakening crop yields, trade uncertainties, and extreme weather events.

Amid escalating tensions in the Black Sea region and ongoing export supply chain disruptions, the FAO Cereal Price Index rose 3.4% in July to 113.8 points.

Global wheat prices climbed 5.8% month-on-month, while severe heatwaves in Europe and drought in major US farming belts pushed world maize prices up by 3,6%.