The World Bank says West Africa can achieve rice self-sufficiency, but only if countries strengthen the entire value chain and make local rice competitive with imports.
Rising costs and supply strain could affect farmers and food supply worldwide.
Nearly 40% of perishable goods and 20% of other food products disappear from supply chains each year.
Nitrogen-based fertilizers, particularly urea, saw the steepest rise, up 20% year-on-year to an average of US$390 per tonne
Prices are expected to edge down further into 2026, constrained by trade uncertainty and modest global consumption growth.