World food prices increase in April - FAO The FAO Food Price Index averaged 128.3 points in April2 May 2025 2 May 2025 2 minute read 2 minute read By: By: Global Ag Media EuropeGlobal food commodity prices increased in April, driven by higher cereal, meat and dairy product prices that outweighed falls in sugar and vegetable oils, Reuters reported, citing the United Nations' Food and Agriculture Organization on Friday. The FAO Food Price Index, which tracks monthly changes in a basket of internationally traded food commodities, averaged 128.3 points in April, up 1% versus the March estimate of 127.1 points. Despite the April rise, the cereal price index was 0.5% below its year earlier level. Also driving food prices higher, the FAO's meat price index rose 3.2% last month, led by pig meat prices and firm import demand for bovine meat. The dairy price index rose 2.4% in April and jumped 22.9% versus a year ago as butter prices hit record highs thanks to declining inventories in Europe.