Global Staple Food Prices Stable as Rice Holds, Wheat Softens
Rice prices across Asia remained steady this week, while wheat futures eased on improved Black Sea supply flows. Corn markets firmed on South American weather concerns, and potato prices were flat with balanced fresh and processing demand.
India Rice Restrictions Shift Demand to Vietnam & Thailand
Export flows continue to adjust as India’s rice restrictions divert trade toward Vietnam and Thailand, while U.S. corn exports improved and EU wheat maintained strong competitiveness. African buyers increased imports of pulses and cassava-based products to offset supply gaps.
Fertilizer, Energy & Storage Costs Impact Staple Crop Margins
Farmers and traders report pressure from higher fertilizer, energy, and storage costs across staple crops. Rising freight rates add further strain, particularly for bulk shipments of rice, wheat, and corn to Asia, Africa, and the Middle East.
The Staples Yearly Outlook reviews global rice, wheat, corn, and potato pricing over the last three years and provides forecasts for the next three. Analysis covers food security, trade restrictions, policy interventions, and consumer demand shifts shaping staple food markets. Read full report
