# Ukraine war drives international food prices to ‘new all-time high’ | UN News

> The FAO said global food prices reached a new all-time high, with the Food Price Index averaging 159.3 points in March, up 12.6 percent from February. The vegetable oil index rose 23.2 percent, driven by sunflower oil prices after the war disrupted Black Sea supplies.

- Date: 2022-04-08 · published 2022-04-08T12:00:00.000Z
- Category: report · region Global · magnitude high
- Page: https://feedsoft.ai/events/14496-ukraine-war-drives-international-food-prices-to-new-all-time-high-un-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Record food price readings reflect tight wheat, maize and vegetable oil supplies from the Black Sea conflict, and higher crude oil prices add cost pressure across the vegetable oil complex.

## Read by commodity

- SBO: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- PALMOIL: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2020-11-18 | [International Issues Pushing Wheat Prices Higher](https://feedsoft.ai/events/50201-international-issues-pushing-wheat-prices-higher.md) | -2.6% | +4.3% |
| WHEAT | 2022-04-10 | [FAS Report: "The Ukraine Conflict and Other Factors Contributing to High Commodity Prices and Food Insecurity" - Farm Policy News](https://feedsoft.ai/events/14942-fas-report-the-ukraine-conflict-and-other-factors-contributing-to-high.md) | -2.4% | +3.1% |
| WHEAT | 2020-12-03 | [World food price index jumps in November to almost six-year high - FAO](https://feedsoft.ai/events/5276-world-food-price-index-jumps-in-november-to-almost-six-year-high-fao.md) | +9.8% | +9.8% |
| WHEAT | 2024-09-06 | [Ukraine's Maritime Food Exports Fall in August](https://feedsoft.ai/events/14270-ukraine-s-maritime-food-exports-fall-in-august.md) | +1.0% | +11.2% |
| WHEAT | 2022-04-08 | [Food prices hit record high in March, U.N. agency says \| Reuters](https://feedsoft.ai/events/41886-food-prices-hit-record-high-in-march-u-n-agency-says-reuters.md) | -2.0% | +4.8% |
| CORN | 2022-04-10 | [FAS Report: "The Ukraine Conflict and Other Factors Contributing to High Commodity Prices and Food Insecurity" - Farm Policy News](https://feedsoft.ai/events/14942-fas-report-the-ukraine-conflict-and-other-factors-contributing-to-high.md) | +2.0% | -2.3% |
| CORN | 2020-12-03 | [World food price index jumps in November to almost six-year high - FAO](https://feedsoft.ai/events/5276-world-food-price-index-jumps-in-november-to-almost-six-year-high-fao.md) | +0.0% | +3.9% |
| CORN | 2025-12-17 | [U.S. ethanol production notches another all-time high - Brownfield Ag News](https://feedsoft.ai/events/21498-u-s-ethanol-production-notches-another-all-time-high-brownfield-ag-news.md) | +1.1% | -3.0% |

## Sources

- news.un.org: https://news.un.org/en/story/2022/04/1115852
- reuters.com: https://www.reuters.com/world/food-prices-surge-new-record-high-march-un-agency-says-2022-04-08/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.