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EP: 154 No Food, No Water in 2027 Pt. 2
Global food inflation is expected to accelerate to roughly 5% in early 2027, driven by a compounding mix of extreme weather, geopolitical conflict, and fertilizer shortages. Severe empty-shelf shortages are expected to primarily affect vulnerable, import-dependent emerging markets rather than the United States.
Major Drivers for 2027
• The Super El Niño: A historically strong El Niño climate pattern is underway, bringing severe heat, drought, and flooding that threaten global crop yields. [1, 2, 3]
• Fertilizer and Energy Disruptions: Ongoing geopolitical conflict and shipping constraints…
The skinny
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