Much of the attention on global food markets has shifted beyond the initial turmoil caused by the US-Iran war to weakening harvests, trade uncertainty and persistent weather concerns.

Global food prices may rise by year-end and next year. Wars in Iran and Ukraine impact agricultural inputs and exports. Extreme weather events like El Nino are also reducing crop…

The wars in Iran and Ukraine, along with El Nino, are predicted to create a perfect storm of higher costs and lower crop yields.