The FAO Food Price Index increased for a 2nd straight month to 128.5 points in March 2026, the highest since September. Prices across all commodity groups rose, reflecting not only underlying market fundamentals but also responses to higher energy prices linked to the conflict in the Middle East. Vegetable oil prices jumped 5.1% to a fresh high since June 2022, driven by rising quotations across palm, soy, sunflower and rapeseed oils. Sugar soared 7.2% mainly influenced by higher crude oil prices, raising expectations that Brazil, the world’s top sugar exporter, would rely more on sugarcane-based ethanol during the upcoming harvest. Cost for cereals went up 1.5% to hit the highest level since April 2025, reflecting higher quotations for all major cereals except rice. Also, dairy prices were up 1.2%, the first increase since July 2025, driven primarily by higher quotations for skim milk powder, butter, and whole milk powder. Meat increased 1% mainly driven by higher pig meat prices. source: Food and Agriculture Organization of the United Nations
Food Price Index in World increased to 128.50 Index Points in March from 125.50 Index Points in February of 2026. Food Price Index in World averaged 89.37 Index Points from 1990 until 2026, reaching an all time high of 160.20 Index Points in March of 2022 and a record low of 50.80 Index Points in May of 2002. This page includes a chart with historical data for World Food Price Index. World Food Price Index - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.