The big story for agricultural commodities this month was corn prices, plummeting by US $5,500 per contract in the Chicago Mercantile Exchange. The US Department of Agriculture predicts this season’s crop to be 200 million tonnes larger than the last crop, creating a bulk supply and, inevitably, lower prices. In this podcast, Francisco Redruello, Senior Food Analyst at Euromonitor, discusses this story as well as wheat, sugar, cocoa and skimmed milk powder.

How will the US-Israel-Iran war shape business dynamics beyond the initial shocks? Visit our insights hub at euromonitor.com for free data-driven tools and resources to help you assess risks and plan for longer-term impact.