Since 2020, AgriBusiness Global has developed a yearly forecast of key events likely to impact global agriculture and agribusiness in the year ahead. Among the top forecasts for 2026 are input prices staying flat or increasing as suppliers compete for farm purchases. They also said China’s economy will continue to be challenged as the country’s enormous pesticide manufacturing capacity continues to drive margin erosion globally. While this is a positive for end-users of crop inputs, profitability for the supply channel remains challenging. Agro-industry “stagflation” is expected to continue into next year.
Flat global demand in the Americas, Europe, and the Asia-Pacific nations is being driven by aging, shrinking populations, and in the U.S., especially, food consumption may drop because of the increasing use of obesity drugs and the Make America Healthy Again program. The energy outlook will remain positive, except where political taxes play a role.
-NAFB