FAO Food Price Index Signals Rising Pressure on Cereals Amid Energy-Driven Market Shifts

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Global food commodity prices rose in March 2026 for the second consecutive month, with cereals reflecting early signs of stress despite an overall comfortable supply situation. According to the Food and Agriculture Organization (FAO), the FAO Food Price Index averaged 128.5 points in March, up 2.4 percent from February and 1.0 percent above its level a year ago.