World Bank expects agricultural commodity prices to fall by about 7% in 2025

following the climate shocks of the 2023/24 marketing year. According to World Bank experts, prices for major grains — including wheat, corn, and rice — are expected to stay lower as harvests recover in key producing countries. Meanwhile, demand from major importers such as China and Egypt is projected to grow more slowly than in previous years. In the oilseed market, prices for soybeans and rapeseed are likely to decline due to higher production in South America and the European Union. However, palm oil prices may remain relatively stable because of supply constraints in Indonesia and Malaysia. Fertilizer prices are projected to fall by another 12% in 2025, easing farmers’ production costs ...