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AMIS Market Monitor - No. 138 May 2026

  • Publication | 2026
Global Food and Nutrition Security

Global markets faced renewed pressures in April as the effective closure of the Strait of Hormuz continued to disrupt fertilizer supply, pushing urea and phosphate prices higher and further eroding fertilizer affordability. Supply chain disruptions, combined with higher energy and logistics costs, intensified production challenges. Policy responses included export restrictions on key fertilizer inputs, revised trade measures, and adjustments to biofuel mandates. Against this backdrop, crop conditions remained broadly favourable: wheat and maize benefited from generally good weather although rainfall is needed in some parts, rice harvests progressed across Asia and South America, and soybean harvesting in the southern hemisphere advanced. However, rising input costs highlight growing risks for future agricultural production, including shifting area to less input-intensive crops.

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Publisher
AMIS
Geographic coverageGlobal
Originally published

29 May 2026

Related organisation(s)FAO - Food and Agriculture Organization of the United NationsIFPRI - International Food Policy Research InstituteWFP - World Food ProgrammeWorld BankUN - United NationsOECDdev - OECD Development CentreIFAD - International Fund for Agricultural DevelopmentWTO - World Trade Organisation
Knowledge service | MetadataGlobal Food and Nutrition Security
Digital Europa Thesaurus (DET)fertiliserprice of agricultural produceagricultural marketagricultural tradecereals
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