# World Bank projects 2026 rises of 28% in wheat, 18% in soy and 14% in fertilizers

> The World Bank's Commodity Markets Outlook, published October 28, 2026, projects 2026 price increases of 28% for wheat, 18% for soybeans and 14% for fertilizers. It attributes the pressures to the Middle East conflict, Black Sea trade disruptions, biofuel demand and El Niño risks.

- Date: 2026-11-03 · published 2026-11-04T13:35:44.346Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/79836-world-bank-projects-2026-rises-of-28-in-wheat-18-in-soy-and-14-in-fertilizers
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

A forecast of higher wheat, soy and fertilizer prices raises feed input costs for Latin American importers, while exporters may gain; the report is a forecast rather than a new supply shock.

## Read by commodity

- SOY: bullish ▲
- UREA: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-06-29 | [World Wheat Production to Decline in 2017/18 - U.S. Wheat Associates](https://feedsoft.ai/events/70449-world-wheat-production-to-decline-in-2017-18-u-s-wheat-associates.md) | +2.3% | -2.9% |
| WHEAT | 2022-07-12 | [France projects lower wheat production \| World Grain](https://feedsoft.ai/events/40421-france-projects-lower-wheat-production-world-grain.md) | +7.2% | +7.0% |
| WHEAT | 2018-05-10 | [USDA predicts lower carryover for corn, wheat and soybeans \| World-grain.com \| May 10, 2018 19:23 \| World Grain](https://feedsoft.ai/events/64970-usda-predicts-lower-carryover-for-corn-wheat-and-soybeans-world-grain-com-may.md) | -1.0% | +2.7% |
| WHEAT | 2017-02-23 | [IGC sees 'slight' fall in 2017 world wheat area - but](https://feedsoft.ai/events/72526-igc-sees-slight-fall-in-2017-world-wheat-area-but.md) | -0.2% | -2.4% |
| WHEAT | 2024-01-12 | [W1 Wheat Update: EU Soft Wheat Production Forecast Drops for 204/25 Season; India Projects Record Wheat Production of 114 MMT for 2023/24 MY](https://feedsoft.ai/events/32061-w1-wheat-update-eu-soft-wheat-production-forecast-drops-for-204-25-season-india.md) | +0.4% | -1.5% |
| SOY | 2026-03-04 | [U.S. Fertilizer Prices Rise in February 2026 as Urea Leads Nitrogen Market Surge](https://feedsoft.ai/events/5104-u-s-fertilizer-prices-rise-in-february-2026-as-urea-leads-nitrogen-market-surge.md) | +2.7% | +1.3% |
| SOY | 2018-05-10 | [USDA predicts lower carryover for corn, wheat and soybeans \| World-grain.com \| May 10, 2018 19:23 \| World Grain](https://feedsoft.ai/events/64970-usda-predicts-lower-carryover-for-corn-wheat-and-soybeans-world-grain-com-may.md) | -0.7% | -3.3% |
| SOY | 2020-06-11 | [Slightly Bullish Soybean and Bearish World Wheat Stocks](https://feedsoft.ai/events/52556-slightly-bullish-soybean-and-bearish-world-wheat-stocks.md) | +0.7% | +3.8% |

## Sources

- app.usesandia.com: https://app.usesandia.com/noticias/el-banco-mundial-proyecta-para-2026-alzas-de-28-en-el-trigo-18-en-la-soja-y-14

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