"Rising commodity prices caused by these shocks will increase inflation and dampen growth worldwide. The projection indicates that 70% of commodity importers and more than 60% of commodity exporters worldwide could see weaker growth than was projected in January."
"The World Bank last week projected that fertilizer prices will rise 31% in 2026, driven by a 60% jump in urea, the most widely used solid nitrogen fertilizer. Energy prices are projected to rise 24%, with the bank warning that higher fertilizer costs could erode farmer incomes and threaten future crop yields."
Fertilizer prices are surging for coffee producers, jeopardizing future global supply and smallholder farmers' livelihoods amid the U.S-Iran war. Global lenders and analysts warn of rising input costs impacting the 2026/27 coffee season. The International Coffee Organization reported a 2.3% increase in the ICO Composite Indicator Price due to Middle East conflicts. The World Bank forecasts a 31% rise in fertilizer prices by 2026, driven by increased energy costs, which could erode farmer incomes and crop yields, particularly affecting smallholder farmers with limited financial resources.
#fertilizer-prices #coffee-production #smallholder-farmers #global-supply-chain #geopolitical-conflicts
Read at Daily Coffee News by Roast Magazine
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