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flag Global food prices climbed 1.6% in February, driven by increases in sugar, dairy, and vegetable oil.

flag Global food prices rose 1.6% in February, hitting 127.1 points, according to the FAO. flag Sugar, dairy, and vegetable oil prices drove this increase, up 6.6%, 4%, and 2% respectively. flag Rising energy costs and unfavorable weather conditions are key factors. flag Meat prices slightly declined, but remain 4.8% higher year-over-year. flag The FAO predicts a modest 1% increase in global wheat production to 796 million tonnes in 2025, with rice production reaching a record high.

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