Author: Wandile Sihlobo
Higher fertiliser and fuel prices can present global food price concerns. But this is not an immediate issue. Thus, some context on the global food price index data released earlier today, April 3, 2026, by the Food and Agriculture Organization of the United Nations (FAO) is necessary. The monthly FAO global Food Price Index averaged 128.5 points in March 2026, up 2% from its revised February level. This Index mainly measures the monthly change in international prices of a basket of agricultural commodities, not actual retail prices. Price indices across all commodity groups, cereals, meat, dairy, vegetable oils, and sugar,…
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