
The World Bank's Commodity Markets Outlook projects 2026 average price increases of about 18% for soybeans, 28% for wheat and 14% for fertilizers. It attributes the pressure to geopolitical conflicts, trade disruptions, biofuel demand and climate risks.
Oils and meals are projected to rise about 17% on average.
Higher soybean, meal and wheat prices benefit Latin American exporters, but higher fertilizer costs and food import bills squeeze producers and feed buyers who depend on imported grain and inputs.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% 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.