FX.co ★ World Food Prices Rise for 3rd Month

The FAO Food Price Index experienced a 1.0% increase, reaching 128.3 points in April 2025. This marked the third successive month of rising prices, largely fueled by elevated costs in the cereals, dairy, and meat sectors. Cereal prices advanced by 1.2%, with notable increases seen across all primary varieties, such as wheat and maize. Dairy prices saw a 2.4% rise, primarily driven by a continued upsurge in butter prices, which hit a record high for the third consecutive month. Meat prices had the most significant rise, climbing 3.2%, particularly highlighted by a substantial uptick in pig meat. On the other hand, there was a decline in sugar and vegetable oil prices, which decreased by 3.5% and 2.3%, respectively.