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Global Food Prices Surge Amid Supply Challenges and Trade Policy Uncertainty

Global food prices have surged to an 18-month high, driven by significant increases in vegetable oils, dairy, and meat, with vegetable oil prices expected to rise further due to supply constraints. Cocoa and coffee markets face heightened price uncertainty due to adverse weather conditions in key producing regions. Analysts predict continued volatility in agricultural prices, particularly if trade tensions escalate.
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