Newly arrived El Niño threatens to push costs higher across food, building materials, and other sectors, compounding supply disruptions already underway. (Paywall)

Climate change is converting one-off weather shocks into recurring events that devastate harvests and drive grocery prices higher, compounding inflation from geopolitical disruptions. (Paywall)

Schroders analysis warns a strong El Niño compounding fertilizer shortages and drought could historically imply a doubling of global food prices — with wheat and sugar seen as most exposed.

Audio feature connecting extreme weather events — specifically the 2022 European heatwave — to lasting food price increases, with analysis on how climate disruptions ripple through supply chains.

Fortune reports 61% of the continental U.S. is under drought conditions and USDA's March forecast raised food price inflation for 2026 to 3.6%, with drought threatening to push livestock feed prices higher through the year.

USDA's April 24 Food Price Outlook shows beef prices 12.1% higher year-over-year and 63% of Lower 48 states in drought; fuel and fertilizer costs up 20-40% since the Iran war began are compounding climate-driven supply pressures.

UK food price inflation rose to 3.7% in April 2026 (up from 3.3% in March), with the cost of a basic weekly food basket up 29-36% since April 2022; energy shocks and climate-driven supply disruptions are flagged as key ongoing drivers.

USDA's March forecast raised its 2026 food-price inflation outlook to 3.6%, with drought affecting 61% of the continental U.S. threatening crop yields and escalating feed costs — with beef prices forecast to rise 10–18% in 2026.

CBS News reports beef prices are 12.1% above year-ago levels with USDA forecasting a further 6–18% increase for 2026, directly attributing supply contraction to drought-driven herd culling that pushed U.S. cattle inventory to its lowest since the 1960s.