Global Food Prices
International commodity prices and global food indices
Orange Juice: Cheap Futures, Costly Glass
Orange juice futures have tumbled from their 2024 record, yet shoppers are still paying near-record prices at the shelf. A shrinking Brazilian crop and the …
Olive Oil Cools, but Trouble Brews
Olive oil prices have fallen about a third from their 2024 record as Mediterranean harvests recovered. Growers are not relaxing, though: a sharp drop in …
The $10 Pound of Beef
The United States cattle herd has shrunk to its smallest size since 1951, sending beef prices to records. Years of drought, high borrowing costs and …
War Blocks a Strait, Fertiliser Jumps
Global fertiliser prices have surged to their highest since 2022 after conflict in the Middle East disrupted the Strait of Hormuz, which carries roughly a …
Coffee Spikes on a Brazil Weather Scare
Coffee jumped to a five-month high in early July as a slow, rain-hit harvest in Brazil and fears of an El Niño hit to next …
USDA Projects a 5-Million-Acre Corn Retreat as American Farmers Pivot to Soybeans. Here’s What It Means for Global Grain Markets.
USDA projects US corn plantings will fall nearly 5 million acres in 2026 while soybean acreage rises 3.8 million. Corn output drops 7% from last …
India Signs Five-Year Rice Deal with WFP, Committing 200,000 Tonnes to Global Hunger Relief
India’s Food Corporation has signed a five-year MoU with WFP to supply 200,000 MT of rice for humanitarian operations. India’s rice exports surged 19.4% in …
Cocoa Prices Have Crashed 55%. Your Chocolate Bar Still Costs More Than Ever. Here’s Why.
Global cocoa has plunged from $12,000/tonne to around $5,500 — a 55% crash. But retail chocolate prices jumped 14.4% in early 2026. The gap between …
The World Is Sitting on the Biggest Grain Stockpile in 25 Years. Here's What That Means for Nigerian Food Prices.
The FAO Food Price Index has fallen for five straight months, and global cereal stocks are heading for the highest level since 2001. For Nigeria …
India Is Flooding the World With Cheap Rice. Nigeria Is Buying. Nigerian Farmers Are Paying the Price.
India produced a record 150 million tonnes of rice and scrapped its export restrictions, sending global prices down 35%. Nigerian consumers are benefiting from cheaper …