Business Daily - Food prices after Hormuz: What changes now?
Download Food prices after Hormuz: What changes now?
Conflict in the Middle East has sent shockwaves through the global food system. Even with signs of a ceasefire, the impact may not be over.
Disruption to fertiliser supplies, combined with rising energy and shipping costs, is pushing up the price of growing food around the world.
Farmers are facing tough choices over how much to plant and how much to spend, while global markets aren’t always keeping pace with those rising costs.
For now, there is enough food and shelves remain stocked. But even if tensions ease, experts warn the real impact could come later this year and into the next, with higher food prices and growing pressure on the most vulnerable countries.
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Presenter: Sam Fenwick
Producer: David Cann
Business Daily is the home of in-depth audio journalism devoted to the world of money and work. From small startup stories to big corporate takeovers, global economic shifts to trends in technology, we look at the key figures, ideas and events shaping business.
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(Picture: A woman seen shopping for meat at a supermarket in Melbourne, Australia. Credit: Getty Images)
Published on Wednesday, 8th April 2026.
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