Global agricultural markets in 2026: stabilizing prices, persisting risks John BaffesDawit MekonnenKaltrina Temaj February 03, 2026 This page in: English © 2026 The World Bank Group,

https://blogs.worldbank.org/en/developmenttalk/global-agricultural-markets-in-2026--stabilizing-prices--persist The World Bank Group’s agricultural price index is projected to slip by about 2 percent in 2026. Food and agricultural raw material prices are expected to hold broadly steady as supply growth keeps pace with demand, while beverage prices are projected to fall by around 7 percent as supply expands. Overall, risks to the commodity price outlook are fairly balanced. On the upside, extreme weather; easing trade tensions affecting several U.S.-benchmarked commodities (especially soybeans); and higher input costs (notably natural gas for fertilizer production) could push prices higher. On the downside, softer biofuel demand and slower global growth may put downward pressure on prices.