3 April 2014, Rome - The FAO Food Price Index rose sharply in March, up 4.8 points, or 2.3 percent, to an average of 212.8, the highest level since May 2013.
"The Index was influenced, as expected, by unfavourable weather conditions in the US and Brazil and geopolitical tensions in the Black Sea region," said Abdolreza Abbassian, FAO Senior Economist.
These and other influences are reviewed in greater detail in the AMIS Market Monitor report, the monthly synopsis of the major food crops prepared by the G-20 Agricultural Market Information System (AMIS), which is hosted at FAO headquarters in Rome.
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