FAO Food Price Index Signals Rising Pressure on Cereals Amid Energy-Driven Market Shifts

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Global food commodity prices rose in March 2026 for the second consecutive month, with cereals reflecting early signs of stress despite an overall comfortable supply situation. According to the Food and Agriculture Organization (FAO), the FAO Food Price Index averaged 128.5 points in March, up 2.4 percent from February and 1.0 percent above its level a year ago. 


 Honey production at all-time low

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Honey production in the United States is at an all-time low. In the March 13 Honey report, the US Department of Agriculture said that US honey production in 2025 totaled 116 million lbs, down 14% from 2024 and the lowest amount the United States has ever produced in one year since records were started in 1939. That’s a concern because, unlike other sweeteners, consumer demand for honey is on the rise.