The United Nations Food and Agricultural Organization (FAO) posted the tenth consecutive monthly rise in the food price index to 118.5 points compared to 116.1 in February. Contributors to the increase included vegetable oils up by 8.0 percent, the highest level since mid 2011, and dairy increasing 3.9 percent on high demand from China. The Meat Index increased 3.2 percent but was lower compared to March 2020. Increased demand from Asia and specifically China contributed to higher prices for protein.
