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The World Bank forecasts food commodity prices up 10% in 2026 and 7% in 2027, with Brent averaging $91 in 2026. Its table puts US hard red winter wheat at $311 a tonne in 2026, 28% above 2025, and maize at $223, up 9.9%.
Fertiliser prices are forecast to rise 14% in 2026 after urea jumped early in the year.
Higher wheat and maize forecasts raise feed grain costs, while dearer fertiliser and fuel lift farming costs that could tighten future supply. The forecast points to a sustained upward price trend for feed inputs.
randdesk.co.zaRand Desk NewsroomOct 31, 2026After 180 past bullish report events, Wheat (HRW) moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.7%), and -0.6% over 20.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 116 past bullish report events, Crude Oil (Brent) moved a median +1.3% over 5 sessions (66% higher; middle half -1.0% to +3.1%), and +2.0% over 20.
After 76 past bullish report events, Urea moved a median 0.0% over 5 sessions (49% higher; middle half -2.2% to +2.9%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
