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...


