
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)
Selected projects will strengthen domestic rare earth supply chains, reduce reliance on foreign sources, and improve U.S. energy security.
View Article
Industry updates and weekly newsletter direct to your inbox!