The Food Price Index, which monitors average monthly price changes for a variety of key staples, rose to 236 points in February from 231 points in January, the UN's Food and Agriculture Organization (FAO) said.

It was the highest level since FAO began monitoring prices in 1990.

"Unexpected oil price spikes could further exacerbate an already precarious situation in food markets," David Hallam, director of the Rome-based FAO's trade and market division, said.

"This adds even more uncertainty concerning the price outlook just as plantings for crops in some of the major growing
Food prices hit highs as oil rises | News.com.au