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[BUSINESS] · Bosnia & Herzegovina, Belgium, Germany, France, United Kingdom · 38 sources

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Global food prices face rising pressure from heatwaves and droughts

Extreme heatwaves and prolonged droughts across Europe and other regions are driving a significant crisis in the agricultural sector. Oxford Economics predicts that global food prices could rise by 11.8 percent in 2026 and 4.8 percent in 2027, with wheat prices potentially increasing by 36 percent in the third quarter of 2026.

In Europe, the impact is widespread. The grain harvest forecast for the EU-27 and the UK has been lowered to 286.6 million tons, down from 310 million tons in 2025. Germany specifically expects a 7 percent drop in grain production. In France, the vegetable sector is facing a historical crisis, with predicted yield declines for peas (40 percent), broccoli (60 percent), and artichokes (50 to 100 percent). Additionally, heatwaves have reduced daily egg production in France by approximately one million eggs.

Other regions are also affected. In the Netherlands, potato yields are expected to be at least 8 percent lower than in 2025. In Bosnia and Herzegovina, drought and heat have pushed the agricultural sector toward collapse, with some crops suffering losses of up to 90 percent. These climatic shocks, combined with high costs for fuel and fertilizers and geopolitical tensions such as the wars in Ukraine and the Middle East, are creating sustained upward pressure on global food markets.

Entities

Austria · Badischer Landwirtschaftlicher Hauptverband · Biolandgut Esterhazy · Copernicus · European Union · France · German Farmers Association · Germany · LTO Nederland · Landesbauernverband Baden-Württemberg · Morningstar DBRS · Météo-France

Claims

What the coverage asserts, and how many sources carry each claim.

  • [● 3 SOURCES] Global food prices are projected to rise by 11.8% in 2026 and 4.8% in 2027. biznisinfo.mk · expres.mk · vesti.alfa.mk
  • [● 2 SOURCES] Germany's wheat harvest is expected to decrease by 7% this year due to drought and heatwaves. biznisinfo.mk · expres.mk
  • [● 2 SOURCES] The conflict between the US and Iran is a major driver of food price volatility due to its impact on diesel, natural gas, and fertilizer inputs. biznisinfo.mk · expres.mk
  • [● 3 SOURCES] CoRoRaL has lowered its combined cereal harvest forecast for the EU-27 and the UK to 286.6 million tonnes, down from 295.5 million tonnes. biznisinfo.mk · expres.mk · vesti.alfa.mk
  • [○ 1 SOURCE] French vegetable producers anticipate significant yield drops, including 40% for peas and up to 100% for artichokes. lokalno.mk
  • [○ 1 SOURCE] The Copernicus climate agency warned of a continuous risk of heatwaves across Europe through August and September. lokalno.mk
  • [○ 1 SOURCE] The total glacier surface area in the Alps has decreased by 39% since 2000. www.nicematin.com
  • [● 3 SOURCES] France experienced 52 days of heatwaves between mid-June and August 19, 2026. information.tv5monde.com · www.notretemps.com · www.sudradio.fr
  • [○ 1 SOURCE] Tourism in Occitanie saw a 31.9% increase in May and a 10.5% increase in September between 2012 and 2024. alertes-meteo.com
  • [○ 1 SOURCE] Approximately 40% of the world's land area is affected by soil degradation. antilla-martinique.com
  • [○ 1 SOURCE] Drought is causing more economic damage than heatwaves. dekritischebelegger.nl
  • [○ 1 SOURCE] Extreme weather could reduce short-term GDP growth by up to one percentage point. dekritischebelegger.nl

Sources

Suša gasi bh. agrar [jajce-online.com]
Macro: hittegolf eist zware tol [dekritischebelegger.nl]