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Bad harvests and attacks on trade passages threaten to drive food prices higher. Wheat is at the heart of the modern diet, and this year, it is facing an accumulation of modern dangers. The breadbaskets of the world are getting pummeled by drone strikes and devilish weather, nudging prices higher amid already soaring food costs in the wake of the Iran war. Heat and drought have diminished harvests in some of the biggest wheat-producing countries, including the United States, which is expected to have its worst wheat harvest in a half-century, spiking prices. Poor countries that agreed to buy American wheat under the threat of Trump tariffs could be stuck paying abnormally high prices.
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Beyond that, a supercharged El Niño further threatens water levels in the Panama Canal, while drought has reduced water levels to perilously low levels in transit routes like the Rhine and Danube rivers in Europe, raising transportation costs.
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Bad harvests and attacks on trade passages threaten to drive food prices higher. Wheat is at the heart of the modern diet, and this year, it is facing an accumulation of modern dangers. The breadbaskets of the world are getting pummeled by drone strikes and devilish weather, nudging prices higher amid already soaring food costs in the wake of the Iran war. Heat and drought have diminished harvests in some of the biggest wheat-producing countries, including the United States, which is expected to have its worst wheat harvest in a half-century, spiking prices. Poor countries that agreed to buy American wheat under the threat of Trump tariffs could be stuck paying abnormally high prices.
Removed by Scoop Timeline eligibility policy
