Posted 10/2/2023, 4:00:00 AM

Sugar Prices Surge, Forcing African Families and Businesses to Reduce Sugar Consumption

Skyrocketing sugar prices hitting African nations hard, forcing families and restaurants to cut back.
Poor harvests from major producers pushing wholesale prices to 12-year highs in September.
Higher costs causing pain for poorer African countries reliant on imports.
Consumers spending less on soft drinks and cutting back on sugar in drinks and foods.
Governments scrambling to provide support through duty-free imports and export restrictions.

yahoo.com

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9/10/2023

FAO: Food Prices See Steep Decline in August, Driven by Falls in Dairy, Oils, Meat and Cereals

Global food commodity prices declined by 2.1 percent in August, driven by falling prices of essential food items excluding rice and sugar, according to the Food and Agriculture Organization of the UN. The decrease was due to reduced prices for vegetable oils, meat, dairy products, and cereals, while sugar prices saw a slight increase.