Food Crisis 'Looming' After Global Energy Shock, UN Agriculture Fund Says
Bangkok (Thailand) (AFP) –
Rising energy and fertiliser costs are hitting smallholder farmers and driving up prices of agricultural commodities, fuelling fears of a global food crisis, the head of the UN agriculture development fund told AFP.
Key Takeaways:
- Global food prices rose 13% in Q3 2026, according to the International Fund for Agricultural Development (IFAD).
- Conflict in the Middle East has contributed to a sharp increase in fertiliser and fuel costs.
- IFAD warns a "global food crisis is looming".
International Fund for Agricultural Development (IFAD) President Alvaro Lario:
"Over the next six to nine months, we will see continued increases related to food prices, but also I would say even inflation in terms of food, which will impact most of the populations that actually can afford it least."
Quotable:
"Rising energy and fertiliser costs are hitting smallholder farmers and driving up prices of agricultural commodities..."
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