# Risks in global food markets in six charts

> The World Bank says global food commodity prices stabilized in April 2024 after six quarterly declines, and projects its food price index to fall 6 percent in 2024 and 4 percent in 2025. It flags risks from energy and fertilizer costs, Red Sea and Suez disruptions, weather shortfalls and future biofuel policy.

- Date: 2024-06-06 · published 2024-06-06T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/17022-risks-in-global-food-markets-in-six-charts
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Urea](https://feedsoft.ai/c/UREA.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Easing energy and fertilizer costs support lower production costs for feed grains, but Red Sea rerouting and possible weather shocks keep upside risk in grain and oilseed prices.

## Read by commodity

- CORN: neutral
- UREA: bearish ▼
- WHEAT: neutral
- OCEANFRT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-01-01 | [Brazil soy boom may crash global grain markets](https://feedsoft.ai/events/21533-brazil-soy-boom-may-crash-global-grain-markets.md) | +0.6% | -0.9% |
| CORN | 2023-10-27 | [Bright spots, uncertain trends forecast in global pork markets](https://feedsoft.ai/events/33780-bright-spots-uncertain-trends-forecast-in-global-pork-markets.md) | -4.0% | -4.2% |
| CORN | 2023-11-07 | [Global poultry markets recover as challenges ease - Rabobank
						 \| The Poultry Site](https://feedsoft.ai/events/33319-global-poultry-markets-recover-as-challenges-ease-rabobank-the-poultry-site.md) | -0.8% | -1.1% |
| CORN | 2025-08-29 | [Grain Journal \| Broken Rice Gains Traction in Feed and Food Markets,…](https://feedsoft.ai/events/23399-grain-journal-broken-rice-gains-traction-in-feed-and-food-markets.md) | +3.3% | +8.5% |
| CORN | 2019-11-12 | [Global markets seek direction after benign WASDE - Grain Central](https://feedsoft.ai/events/56020-global-markets-seek-direction-after-benign-wasde-grain-central.md) | -0.5% | -2.9% |
| WHEAT | 2025-08-29 | [Grain Journal \| Broken Rice Gains Traction in Feed and Food Markets,…](https://feedsoft.ai/events/23399-grain-journal-broken-rice-gains-traction-in-feed-and-food-markets.md) | -0.3% | -0.7% |
| WHEAT | 2025-09-17 | [Grain Trends: first prices out, global markets stable -  Premium](https://feedsoft.ai/events/7568-grain-trends-first-prices-out-global-markets-stable-premium.md) | +0.4% | +1.3% |
| WHEAT | 2024-01-05 | [Global food prices fell in 2023 compared to 2022, except for sugar and rice \| PBS News](https://feedsoft.ai/events/6743-global-food-prices-fell-in-2023-compared-to-2022-except-for-sugar-and-rice-pbs.md) | -2.2% | -2.1% |

## Sources

- blogs.worldbank.org: https://blogs.worldbank.org/en/developmenttalk/risks-in-global-food-markets-in-six-charts

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