# World food prices rise to more than three year high in April, FAO says - Grainews

> The FAO Food Price Index rose for a third straight month in April to 130.7 points, its highest since February 2023. Vegetable oil prices jumped 5.9% month-on-month to their highest since July 2022, driven by energy costs and biofuel demand, while cereal prices rose only 0.8%.

- Date: 2026-05-08 · published 2026-05-08T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19272-world-food-prices-rise-to-more-than-three-year-high-in-april-fao-says-grainews
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Elevated vegetable oil prices tied to biofuel demand and energy costs support soybean oil and palm oil values, while cereal prices remain comparatively steady.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-04-03 | [FAO Food Price Index rises to record high in February](https://feedsoft.ai/events/41782-fao-food-price-index-rises-to-record-high-in-february.md) | +272.9% | +265.3% |
| SBO | 2021-01-07 | [World food prices rise for seventh month in a row in December - World \| ReliefWeb](https://feedsoft.ai/events/49246-world-food-prices-rise-for-seventh-month-in-a-row-in-december-world-reliefweb.md) | -3.3% | +2.2% |
| SBO | 2022-04-08 | [Ukraine war drives international food prices to ‘new all-time high’ \| UN News](https://feedsoft.ai/events/14496-ukraine-war-drives-international-food-prices-to-new-all-time-high-un-news.md) | -0.1% | +1.9% |
| SBO | 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) | -0.1% | +1.9% |
| SBO | 2021-01-01 | [FAO Food Price Index Reaches Six-Year High, But Below 2011 Peak \| Farm Policy News \| Illinois](https://feedsoft.ai/events/49180-fao-food-price-index-reaches-six-year-high-but-below-2011-peak-farm-policy-news.md) | +0.4% | +0.0% |
| PALMOIL | 2022-04-03 | [FAO Food Price Index rises to record high in February](https://feedsoft.ai/events/41782-fao-food-price-index-rises-to-record-high-in-february.md) | +5.8% | +22.2% |
| PALMOIL | 2021-01-07 | [World food prices rise for seventh month in a row in December - World \| ReliefWeb](https://feedsoft.ai/events/49246-world-food-prices-rise-for-seventh-month-in-a-row-in-december-world-reliefweb.md) | -3.9% | -15.2% |
| PALMOIL | 2022-04-08 | [Ukraine war drives international food prices to ‘new all-time high’ \| UN News](https://feedsoft.ai/events/14496-ukraine-war-drives-international-food-prices-to-new-all-time-high-un-news.md) | +5.3% | +5.6% |

## Sources

- grainews.ca: https://www.grainews.ca/daily/world-food-prices-rise-to-more-than-three-year-high-in-april-fao-says/

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