Global food prices rise in March amid energy pressures
In March, global food prices surged to their highest level since September 2025 due to increased energy costs driven by the Iran war, which has raised fuel and freight prices significantly.
The Food and Agriculture Organization's Food Price Index, which tracks prices of grains, sugar, meat, dairy products, and vegetable oils, jumped by 2.4% to 128.5 points in March. This rise signals growing costs for essential food commodities, potentially threatening global food security.
This situation is linked to the ongoing energy crisis caused by conflicts in key regions vital for transport and energy supply. Higher energy prices feed into increased logistics costs, subsequently raising food prices worldwide.
The FAO regularly monitors these trends with its Food Price Index, an important tool for assessing global market conditions and enabling timely responses to food security threats.
In summary, rising energy pressures are driving up basic food prices, impacting food accessibility globally. Experts urge a focus on energy market stabilization and diversification of supply sources.
Moving forward, the evolution of this situation will depend on efforts to reduce energy costs and stabilize global supply chains.