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The World Bank's Commodity Markets Outlook forecasts food commodity prices rising 10% in 2026 and 7% in 2027. The forecasts are 7.6% and 13.9% higher than the previous April revision.
The report attributes the increase to Black Sea shipping disruption from conflict and to extreme weather linked to El Niño.
A World Bank forecast of sharply higher food prices signals firmer grain and oilseed values ahead, which raises feed input costs for livestock buyers. The El Niño and Black Sea risks point to upside for feed prices if conditions worsen.
thenationalnews.comIsaac ArroyoNov 12, 2026Not enough comparable past events yet for a historical read.
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.
