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World food prices steady in March, UN’s FAO says

Summary by WTVB
PARIS (Reuters) -Global food commodity prices edged up in March, with a sharp rise in vegetable oils offsetting declines in cereals and sugar, the United Nations’ Food and Agriculture Organization said on Friday. The FAO Food Price Index, which tracks monthly changes in a basket of internationally traded food commodities, averaged 127.1 points in March against a revised estimate of 126.8 for February. The March reading was up 6.9% from a year ea…

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The Straits Times broke the news in Singapore on Friday, April 4, 2025.
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