By Sybille de La Hamaide April 3, 20264:10 PM GMT+8
https://www.reuters.com/markets/us/world-food-prices-extend-rise-march-united-nations-fao-says-2026-04-03/
Sacks of harvested wheat are seen at a grain market in Gaggarpur village, in the northern state of Haryana, India, April 25, 2025. REUTERS/Bhawika Chhabra Purchase Licensing Rights
- Prices are still 20% below March 2022 peak
- If conflict persists, farmers may plant less as fertiliser costs rise
- Ample cereal supplies have helped to limit price rises
PARIS, April 3 (Reuters) – World food prices climbed in March to their highest level since September last year and could rise further if the Middle East conflict that pushed up energy prices continues, the United Nations Food and Agriculture Organization said on Friday.
“Price rises since the conflict began have been modest, driven mainly by higher oil prices and cushioned by ample global cereal supplies,” FAO Chief Economist Maximo Torero said in a statement.