Global Food Prices Rise Again in March, Hitting Highest Level Since December

1 min read

World food prices climbed in March to their highest point since December, marking the second month in a row of rising costs, the United Nations Food and Agriculture Organization (FAO) said on Friday.

The FAO Food Price Index, which tracks monthly changes in a basket of internationally traded food commodities, averaged 128.5 points in March a 2.4 percent increase from February’s revised figure. The rise reflects stronger prices across several key categories, adding fresh pressure to global markets already grappling with supply disruptions and geopolitical tensions.

In a separate update, the FAO slightly raised its forecast for 2025 global cereal production, projecting a record 3.036 billion metric tons. If realised, that would represent a 5.8 percent year‑on‑year increase, signalling stronger harvest expectations despite ongoing climate and conflict‑related challenges.

The combination of rising food prices and expanding cereal output paints a complex picture for global food security one where higher production may not immediately translate into lower costs for consumers.

 

 

 

 

 

 

You May Also Like

More From Author

+ There are no comments

Add yours