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Record-high FAO cereal price index in 2022
Cereal prices were 18% higher on average in 2022, pushing the average annual FAO price index to a new record high.
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Wheat prices up 56% over a year — FAO
The FAO Cereal Price Index rose 2.2 percent in May compared to the previous month. Wheat led the way, with prices up 5.6% from April and 56.2% from a year earlier.