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World food prices extend rise in March, United Nations’ FAO says

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

World food prices climbed in March to the highest level since December, marking a second consecutive monthly increase, 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.

In a separate report, the FAO slightly raised its 2025 global cereal production forecast to a record 3.036 billion metric tons. It would be 5.8% higher year-on-year.

(Reporting by Sybille de La HamaideEditing by Tomasz Janowski)

Reuters
Reuters

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