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Crop Prices Hit Highest Since 2023 as War and Bad Weather Bite
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Crop Prices Hit Highest Since 2023 as War and Bad Weather Bite

Bloomberg Markets · Apr 29, 2026, 7:44 AM

The extended closure of the Strait of Hormuz and extreme weather have jolted the price index for farm commodities to a two-year high as fertilizer headaches and the prospect of smaller harvests drive food inflation risks.

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