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In an assessment for Miller Magazine, IGC Executive Director Arnaud Petit clarifies that while tensions around the Strait of Hormuz have heightened concerns over energy, freight and fertilizer markets, the disruption does not mirror the systemic grain supply shock seen in the Black Sea.

Escalating tensions around the Strait of Hormuz are rapidly repricing risk across shipping, insurance and energy, pushing up landed grain costs, tightening fertilizer availability and raising food-security concerns in import-dependent markets.

The Turkish Grain Board (TMO) has launched the 2025–2026 grain sales season, opening the market for bread and durum wheat as well as barley.

The desire to foresee the future is as old as humanity itself. Today, that desire is being reshaped by artificial intelligence and its immense data-processing power.

According to the latest Commodity Markets Outlook report published by the World Bank, no major fluctuations are expected in global commodity prices over the next two years.

FAO Food Price Index dips by 1.9 percent while new FAO forecasts point to lower global cereals output in 2022.