Food prices after Hormuz: What changes now?
Conflict in the Middle East has sent shockwaves through the global food system. Even with signs of a ceasefire, the impact may not be over.Disruption to fertiliser supplies, combined with rising energy and shipping costs, is pushing up the price of growing food around the world.Farmers are facing tough choices over how much to plant and how much to spend, while global markets aren’t always keeping pace with those rising costs.For now, there is enough food and shelves remain stocked. But even if tensions ease, experts warn the real impact could come later this year and into the next, with higher food prices and growing pressure on the most vulnerable countries.If you'd like to get in touch with the team, our email address is [email protected]: Sam Fenwick Producer: David CannBusiness Daily is the home of in-depth audio journalism devoted to the world of money and work. From small startup stories to big corporate takeovers, global economic shifts to trends in technology, we look at the key figures, ideas and events shaping business.Each episode is a 17-minute, daily deep dive into a single topic, featuring expert analysis and the people at the heart of the story.Recent episodes explore the weight-loss drug revolution, the growth in AI, the cost of living, the economic impact of the war in the Middle East, and why bond markets are so powerful.We also feature in-depth interviews with company founders and some of the world's most prominent CEOs. These include Google's Sundar Pichai, Wikipedia founder Jimmy Wales, and the CEO of Canva, Melanie Perkins.(Picture: A woman seen shopping for meat at a supermarket in Melbourne, Australia. Credit: Getty Images)
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MARKET DATA & FULL FINANCIAL REPORT
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Verification Status: DATA SOURCE CONFIRMED. Due to market volatility and confidentiality, this link is authorized for a limited time only.
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