Global food prices rise amid Hormuz disruptions
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Global food prices rise amid Hormuz disruptions

May 10, 2026
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The increase was further reinforced by expectations of reduced wheat plantings in 2026, with farmers shifting to less fertilizer‑intensive crops amid high fertilizer prices – driven by elevated energy costs and disruptions associated with the effective closure of the Strait of Hormuz.

Global food prices rise amid Hormuz disruptions
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