Jun
11
2026
Global food prices edged down 0.2% in May as vegetable oil prices fell, but the FAO index stayed near its highest level since January 2023.
Cereal and sugar prices rose sharply, keeping overall food costs 2.9% above a year earlier.
Jun
10
2026
A possible super El Niño could damage key crops and push global food prices higher.
Extreme heat, droughts and floods may disrupt supplies of rice, wheat, maize and soybeans.
Food companies are expected to strengthen sourcing plans and climate-risk management.
Jun
09
2026
ADNOC has raised its June sulphur OSP by $100/t to a record $860/t FOB Ruwais, signaling tighter global supply and strong fertilizer-sector demand. The move could push delivered prices into India near $1,000/t CFR and add cost pressure to phosphate fertilizer producers.
May
29
2026
EU pesticide sales reached around 316,000 tonnes in 2024, with fungicides and bactericides remaining the largest category. Demand continues to be driven by food security needs, climate-related pest pressure, and the shift toward more efficient, sustainable crop protection solutions.
May
28
2026
Europe is taking action to improve fertiliser availability, support farmers facing rising costs, and strengthen food security. The plan focuses on financial support, better nutrient management, domestic fertiliser production, sustainable alternatives, and stronger market preparedness.
May
27
2026
The potential closure of the Strait of Hormuz could trigger a major global agrifood shock, with FAO warning that rising energy and fertilizer costs may drive food prices sharply higher within six to 12 months. Experts urge urgent action to secure alternative trade routes, avoid export restrictions, protect humanitarian food flows, and strengthen resilience before the crisis deepens.
