ROME, ITALY – World food commodity prices rose significantly in March to reach their highest levels ever, as war in the Black Sea region spread shocks through markets for staple grains and vegetable oils, the Food and Agriculture Organization of the United Nations (FAO) said on April 12.
The FAO Food Price Index averaged 159.3 points in March, up 13% from February when it already had reached its highest level since its inception in 1990. The index tracks monthly changes in ...
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