FAO's food price index is 116 points, up 2.4% from last month. Global food prices have risen for the ninth consecutive month. Among them, the quotations of sugar and vegetable oil have increased the most, with the sugar price increasing by 6.4% month-on-month, the vegetable oil price index rising by 6.2% month-on-month, reaching the highest level, and the prices of palm oil, soybean oil, rapeseed oil and sunflower oil have all increased. Among them, the reasons for the price increase are formed by various aspects, such as the increase in freight, the need to transport food to reach the market, and the cost of transportation, gasoline prices, so gasoline prices will also affect agriculture. In addition, gasoline by-products are an important part of fertilizer, accounting for 2% of the cost of grain harvest.

The high oil price has increased the planting cost of corn, wheat and soybean by 4%, and the grain price has risen. Moreover, extreme weather conditions caused by climate change, such as greenhouse gas emissions that lead to high temperature, arid land with little rain and rainwater running off the land instead of being absorbed into the groundwater table, lead to flooding and seriously affect the yield of crops. However, this effect is usually short-term, which can ensure the recovery of planting supply in the later period and the stabilization of food prices. National policies limit the amount of subsidized corn and wheat that countries can increase global stocks. The United States, the European Union and some developing countries heavily subsidize their agriculture.

Farmers in these countries have gained an unfair trade advantage, so they should limit their stocks to reduce this advantage. But it also reduces the number of food shortages, which increases the volatility of food prices. As people become richer, people all over the world need more meat, and feeding animals needs more ingredients than grains. Increased demand for meat means higher grain prices. For example, the prices of many vegetable oils, such as rapeseed oil, have gone up. In addition to the changes in supply and demand, another important reason is the rapid rise in the price of rapeseed raw materials. Limited by factors such as land and labor, domestic rapeseed production is limited, which basically depends on imports.

Canada is the largest source of rapeseed imports in China. Because harmful substances are found in rapeseed, domestic companies should be more cautious when importing rapeseed. Rapeseed imports fell. The total import of rapeseed in China is 2.434 million tons, which is at the lowest level in history. The temporary storage and destocking of domestic rapeseed oil leads to the shortage of domestic rapeseed oil supply and the price increase. The above is an introduction to the global food price increase. In short, food price increase has many influencing factors, and the main price increase in each link will cause food price fluctuations in the post-processing process. This factor is usually difficult to avoid, but it can also be effectively solved.