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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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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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Global food prices rose in March, driven by higher energy prices and by increased feed costs related to war in the Middle East. Low membership: The Government faces resistance in various fronts to the package to contain gas prices, diesel and cold Entanda: The impact of the war on inflation and food prices in the coming months, according to economists A food-consumer price index created by the United Nations Organisation for Agriculture and Food…

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