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Disappointing harvests from some of the world’s biggest producers have pushed wholesale prices near the highest in more than 12 years in September.

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For consumers fighting rampant food inflation, the plunging sugar prices will be a respite. The global sugar shortage had caused prices of the item to rise up to an 11-year-high.

India’s rice export ban is boosting prices around the world, increasing the risk of political instability in Asia and Africa, according to the head of a United Nations agency. Prices for the crop, a staple for half the world, surged to the highest in almost 15 years after the top shipper began curbing exports. India

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