April 3, 2026 2:38 PM

World food prices rose in March as Iran war lifted energy costs, FAO says

World food prices climbed in March, due largely to higher energy costs linked to the escalating conflict in the Middle East, the United Nations Food and Agriculture Organization said on Friday. The FAO Food Price Index, which measures changes in a basket of globally traded food commodities, averaged 128.5 points in March, up 2.4% from its revised February level. "Price rises since the conflict began have been modest, driven mainly by higher oil prices and cushioned by ample global cereal suppl...

August 8, 2025 3:47 PM

World food prices at 2-year high on rising meat and edible oils, FAO says

World food commodity prices rose in July to their highest in over two years, as a jump for vegetable oils and record levels for meat outweighed falling cereal, dairy and sugar prices, the United Nations' Food and Agriculture Organization said. The FAO Food Price Index, which serves as a global benchmark for food commodity prices, averaged 130.1 points in July, a 1.6% increase from June, FAO said. That was the highest reading since February 2023, though the index was 18.8% below its peak of Mar...