price volatility – The Milli Chronicle https://millichronicle.com Factual Version of a Story Fri, 03 Apr 2026 09:08:17 +0000 en-US hourly 1 https://media.millichronicle.com/2018/11/12122950/logo-m-01-150x150.png price volatility – The Milli Chronicle https://millichronicle.com 32 32 Global Food Prices Rise for Second Straight Month, FAO Says https://millichronicle.com/2026/04/64578.html Fri, 03 Apr 2026 09:08:15 +0000 https://millichronicle.com/?p=64578 Paris — Global food prices rose in March for a second consecutive month, reaching their highest level since December, driven by increases across key commodity categories, the Food and Agriculture Organization (FAO) said on Friday.

The FAO Food Price Index, which tracks international prices of a basket of widely traded food commodities, averaged 128.5 points in March, up 2.4% from a revised February level, according to the agency.

The increase reflects upward pressure in global food markets, though the FAO did not specify individual commodity drivers in its summary release.

In a separate report, the FAO slightly raised its forecast for global cereal production in 2025 to a record 3.036 billion metric tons, representing a 5.8% increase compared with the previous year.The updated outlook suggests improved supply prospects for staple crops, even as price trends point to continued volatility in international food markets.

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