Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
The price of basic foodstuffs increased by 6.1% after two months of blockade in Hormuz (INFOBAE, 2026).
The World Bank Group’s fertilizer index is projected to increase by 31% (y/y) in 2026. (Banco Mundial, 2026).
45 million additional people could fall into acute hunger if the Iran war persists, with the Caribbean among the most vulnerable regions due to food import dependence and El Niño drought threats (The Guardian, 2026).
Uruguay will exceed 350,000 hectares of brassicas in 2026 — compared to 348,000 in 2022 — driven by lower nitrogen fertilizer dependency versus wheat and canola prices consolidated above USD 500/mt. (El Observador, 2026).
25% crop yield decline is projected from a 20% fertilizer cut if the conflict exceeds 40 days, affecting 50% of producer budgets (Ibáñez, 2026).
2.4% rise in FAO's Food Price Index in March 2026 reached its highest since September of the prior year, with crude oil near USD 120 per barrel due to the Iran conflict (Ibáñez, 2026).
5.1% rise in vegetable oil prices and 7.2% in sugar — its highest since October 2025 — were recorded in March 2026, both linked to energy cost increases from the Iran war (Ibáñez, 2026).
45 million people could be pushed into acute hunger if the Iran conflict persists, as the poorest households spend between 50% and 70% of their income on food
Soybean oil prices rose up to 3.4% in Chicago, reaching 69.68 cents per pound — the highest level since late 2022 — driven by the Iran conflict and new US biofuel blending mandates that materially increase biomass-based diesel demand for 2026 (Hirtzer, Bloomberg Línea, 2026).
Gulf countries account for 13% of global nitrogen exports and 9% of phosphate nutrients; the Hormuz closure disrupts this critical chain for producing fertilizers such as urea and ammonia (UNCTAD, 2026).
