The FFPI index experienced a rebound in August 2021 after two months of decline, largely due to significant price increases in sugar, vegetable oil, and cereals. The cereal price index saw a notable rise, driven by a decrease in wheat production in major exporting countries, leading to a surge in world wheat prices. While barley prices increased, corn prices saw a slight decrease due to increased production in other countries. The vegetable oil price index also rose, primarily due to increases in palm, rapeseed, and sunflower oil prices. The milk price index saw a slight decrease in August, while the meat price index increased, driven by increased import demand and decreased supply. The sugar price index also rose for the fifth consecutive month, reaching its highest level since February/March 2017, due to concerns about damage to the sugarcane crop in Brazil and the impact of dry weather.