World Bank Warns of New Risks to Food Security Amid Global Weather Changes and Declining Grain Production
The World Bank has issued a warning about renewed risks to food security, particularly for countries like Nigeria, due to worsening global weather conditions, declining grain production, and persistent supply chain disruptions. The latest Food Security Update from the World Bank indicates that an increasingly strong El Niño weather pattern is expected to trigger droughts, flooding, and extreme temperatures across major agricultural regions. While global food markets currently remain stable with adequate supplies and declining agricultural commodity prices, logistical disruptions, high transportation costs, and weather-related uncertainties continue to threaten food security, especially in developing nations. The report projects a decline in global grain production by 68 million tons year-on-year in the 2026/27 season, primarily due to lower maize and wheat output, while global grain consumption is expected to marginally increase. This imbalance is anticipated to reduce end-season grain stocks, weakening th...