Quoted by Commodafrica, Carlos Mera, Head of Agri Commodities Markets at Rabobank estimated that agricultural commodity prices have risen by nearly 50% since mid-2020 and the trend is unlikely to reverse. The price spike could continue into 2021 in view of the analysis carried out by Rabobank. This situation would be triggered by the weakness of the dollar since mid-2020. In addition, the strength of global demand, whether for animal feed or for storage, is among the factors influencing the prices of agricultural products. “Import demand has been exceptional for many agricultural products, even if the total consumption of some of these products is negatively affected by Covid-19 (cotton, coffee, cocoa and sugar)” highlights the Dutch bank. Note should also be taken of the appetite of speculators who should support prices.