Máximo Torero Cullen & United States

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.

United States: The United States is mentioned as one of the nations that launched the war in Iran, contributing to the current market disruptions.

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.

United States: The United States is mentioned in relation to dry planting conditions affecting maize prices and drought concerns impacting wheat prices.

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.

United States: The United States is experiencing drought concerns and dry conditions affecting sowing, which are contributing to higher wheat and maize prices.

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.