Sugar prices have increased by 9.6% due to Brazilian frost damage, although this increase is balanced by expected good harvests in India and the European Union, as well as a decline in crude oil prices and a weakening Brazilian real. The FAO vegetable oil price index also rose by 6.7% in August due to high palm oil prices caused by low production and declining inventories in Malaysia. Cereal prices have also increased by 4.3% since July, with wheat prices jumping 8.8% due to reduced emissions from major exporting countries. The meat price index has also increased due to strong demand in the beef and mutton market. The FAO expects a 1.4% increase in grain consumption in the 2021-2022 season, but a decline in global grain trade is expected.