Why what’s happening at sea affects the price of food in your fridge

Supermarket shelves are not as empty as they were in 2020 when Covid-19 hit, but food prices have risen over the past couple of months and are expected to keep rising. Who or what is responsible for the increase? The answers point to war and El Nino climate phenomenon. The most recent World Bank report, Commodity Markets Outlook, states that food commodity prices are set to rise by 10 per cent in 2026 and seven per cent in 2027, as conflict…


