Máximo Torero Cullen & Food and Agriculture Organization

Máximo Torero Cullen: Máximo Torero Cullen, Chief Economist of the Food and Agriculture Organization, provided insights into the drivers of food price increases and warned about potential future impacts on yields and commodity prices if the Middle East conflict continues.

Food and Agriculture Organization: The Food and Agriculture Organization reported a rise in global food prices for March, attributing it to the Middle East conflict and higher energy costs. It also warned of further increases if the conflict persists.

Máximo Torero Cullen: Máximo Torero Cullen, Chief Economist of the Food and Agriculture Organization, explained that vegetable oil prices are driven by elevated energy costs and that agri-food systems are showing resilience despite war-linked disruptions.

Food and Agriculture Organization: The Food and Agriculture Organization reported that world food prices climbed in April to their highest in more than three years, driven by vegetable oils, and also raised its 2025 global cereal production estimate.

Máximo Torero Cullen: Máximo Torero Cullen, the Chief Economist of the Food and Agriculture Organization, provided commentary on the resilience of global agrifood systems despite disruptions and the reasons behind price increases in vegetable oils.

Food and Agriculture Organization: The Food and Agriculture Organization reported that global food commodity prices rose for the third consecutive month in April, driven by elevated energy costs and disruptions caused by the conflict in the Near East and the effective closure of the Strait of Hormuz.

Máximo Torero Cullen: Máximo Torero Cullen, chief economist at the Food and Agriculture Organization, highlights the significant impact on critical agricultural inputs and the difficult choices farmers face.

Food and Agriculture Organization: The Food and Agriculture Organization (FAO) provides expert analysis on the impact of rising input costs on farmers and global food security.