Tracey shares the Agri outlook for 2026/27, elaborating on her view: bearish short-term prospects for US soybeans but constructive outlooks for grains and cotton. Cocoa to return to BCOM Index and prices are expected to remain firm near $6,000/tonne in 2026, while sugar prices show upside risk amid low stocks and political uncertainty. Broad food price inflation persists, with La Nina weather risks and policy developments in the US, Brazil, and India shaping the outlook.

Speaker:

Tracey Allen, Senior Commodities Strategist, Head of Agricultural Commodities Research

This podcast was recorded on 7 November 2025.

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Agri Outlook for 2026/27: Volatility to return off compressed levels in 2026, as global agri availability continues to slide

At Any Rate

Agri Outlook for 2026/27: Volatility to return off compressed levels in 2026, as global agri availability continues to slide