According to The United Nations’ index of food commodities, global food prices rose to their highest level in over three years as the Iran war disrupted supply chains.
Prices increased by 1.6% in April from the previous month, driven by vegetable oils, meat, and cereals, according the Food and Agriculture Organization.
The meat index increased by 1.2% to reach a new high, while the cereal price index went up by 0.8% due to weather worries and expectations of fewer wheat plantings in 2026, as farmers consider sowing less fertilizer-heavy crops.
The rise in the gauge — which tracks grains, sugar, meat, dairy, and vegetable oil costs — marks the third consecutive month of increases.
The Iran war, now in its 10th week, has effectively blocked the critical Strait of Hormuz, restricting flows of essential farm inputs like diesel and fertilizer and raising prices. This threatens to reduce farmers’ production, ultimately impacting food costs.
By CEO NA Editorial Staff
