The Biggest Jump in Global Crop Prices Since 2022 Threatens to Boost Inflation

Global agriculture prices notched their biggest quarterly jump since Russia’s invasion of Ukraine in early 2022 on fresh tensions in the Black Sea region and extreme weather, in a potential...

By Hallie Gu and Eleanor Thornber · Bloomberg Markets

Global agriculture prices notched their biggest quarterly jump since Russia’s invasion of Ukraine in early 2022 on fresh tensions in the Black Sea region and extreme weather, in a potential headwind for central bank inflation targets.