Bloomberg Agriculture Spot Index Surges 11.5% in Q3 2026, Largest Quarterly Gain Since Q1 2022

Global agriculture prices are rising rapidly.
The Bloomberg Agriculture Spot Index surged 11.5% in Q3 2026, its largest quarterly increase since Q1 2022 and its 4th-largest increase in 10 years.
The index tracks 10 key agricultural commodities, including grains, sugar, dairy, meat, and vegetable oils.
Corn and wheat prices in Chicago both surged 15.0%, while soybeans gained 13.0%.
Over the last year, agricultural prices have risen 20.0%.
Global food inflation pressures are intensifying.