
World Bank Forecasts 18% Cumulative Rise in Global Food Commodity Prices Through 2027
The World Bank's October 2026 Commodity Markets Outlook projects an 18% cumulative increase in global food commodity prices through 2027, driven by a 10% rise in 2026 and 7% in 2027. The surge is attributed to disrupted grain shipments, conflict, a strong El Niño, and high fuel and fertilizer costs, with adverse scenarios threatening to push prices above 2022 highs.
















