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World Food Price Rise Set to Continue if Iran War Lasts, FAO Says

FAO said higher energy and fertilizer costs linked to the Iran war pushed up wheat, sugar and vegetable oil prices, while rice fell 3%.

  • On Friday, the United Nations Food and Agriculture Organization reported that the Food Price Index rose 2.4% in March, reaching its highest level since September last year.
  • The rise follows higher energy prices linked to the Iran war, which disrupted the Strait of Hormuz and Gulf infrastructure, pushing crude benchmarks near $120 per barrel.
  • Vegetable oil prices increased 5.1% in March, marking a third consecutive monthly rise, while sugar prices jumped 7.2% to their highest level since October 2025.
  • FAO Chief Economist Maximo Torero warned that if the conflict lasts over 40 days and fertilizer costs remain high, farmers may reduce inputs, plant less, or switch crops.
  • Torero stated that such choices "will hit future yields and shape our food supply and commodity prices for the rest of this year and all of the next.
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El PeriódicoEl Periódico
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Center

World prices for basic foods increased in March for the second consecutive month, to 2.4%, due to the rise in the cost of energy caused by the escalation of the conflict in the Middle East. Thus, cereals, meat, dairy products, vegetable oils and sugar rose last month, on the one hand, because of the market’s own behaviour at this time of year, but also because of the impact of energy prices, as reported by the Food and Agriculture Organization o…

·Barcelona, Spain
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The Ministry of Agriculture, Food and Rural Affairs announced on the 4th that the global food price index, released by the UN Food and Agriculture Organization (FAO), stood at 128.5 last month, a 2.4% increase from the previous month due to rising crude oil prices and Middle East risks. Across major categories including grains, oils and fats, meat, dairy products, and sugar,

Center

Food prices increased in March for the second consecutive month, in part due to the rise in energy prices due to the war in the Middle East, the Food and Agriculture Organization of the United Nations (FAO) said today. FAO’s international food price index, which follows the evolution of a basket of products, rose 2.4 per cent in a month and 1 per cent compared to March 2025. “Price increases since the beginning of the conflict were moderate, dri…

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Al-Monitor broke the news in Washington, United States on Friday, April 3, 2026.
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