Data or statistical facts on the situation and perspectives of agri-food systems and the impact of policies
76% of surveyed agrifood companies in Latin America and the Caribbean consider access to financing to be the main public policy priority for the sector.
83% of agrifood companies in Latin America and the Caribbean finance their investments primarily with their own resources due to limited access to credit.
65% of agrifood companies in Latin America and the Caribbean identify high logistics and transportation costs as the main barrier to growth and participation in international trade.
In recent weeks, the sea surface temperature (SST) anomaly in the Niño 3.4 region was close to +0.5 °C, that is, at the limit of the El Niño phase. (Guyana Hydrometeorological Survey, 2026).
Climate models indicate the 2026 El Niño could be the strongest on record. It is estimated 50% chance of a "strong" or "very strong" event during the upcoming Northern Hemisphere winter. Some models project global temperature anomalies exceeding +2°C (Alessi,2026)
The years 2023–2025 averaged more than 1.5°C above preindustrial levels, with 2024 being the hottest year on record. A super El Niño on top of this baseline worsens crop yield impacts in the Caribbean, where El Niño historically generates droughts, heatwaves, and water stress that reduce production of key crops such as maize, beans, and sugarcane.
The World Bank Group’s fertilizer index is projected to increase by 31% (y/y) in 2026. (Banco Mundial, 2026).
100 million people in LAC face water scarcity despite the region holding 34% of the planet's renewable freshwater (FAO, 2026).
26% of climate disaster damages in LAC are absorbed by the agricultural sector on average, rising to 82% during droughts; equatorial Pacific warming also severely impacts Caribbean coastal fisheries (Castellanos, 2026).
50% of Latin America's energy comes from hydroelectric sources, making the region highly exposed to El Niño; droughts force reliance on costlier thermal plants, raising agricultural production costs (Castellanos, 2026).