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The FAO Food Price Index climbed 1.6% in July, reaching a three-year high for vegetable oils while meat prices hit record levels. While cereals and sugar declined, the surge in palm, soy and sunflower oils signals potential downstream impacts for food and agriculture markets.

Global food prices held steady in March as rising vegetable oil costs offset drops in cereals and sugar, offering mixed relief for feed producers.

February's FAO Food Price Index dipped by 0.7%, largely due to decreased cereal prices, reflecting a 10.5% year-on-year decrease.