ELZUBI on Cairo News: Corridor Shock and Food Price Inflation

“Those who store and contract early are buying time — those who buy immediately are paying for panic.”
“Food exists in the world. The problem is that it cannot leave the port.”
“Today, the corridor shock has struck on top of a weak global season. There is no hidden surplus.”
“Food security is no longer an agricultural file; it is a file of corridors, fleets, warehouses, and contracts.”
“The market is pricing risk, not absolute scarcity. Any easing in navigation could bring prices down.”
“This corridor shock coincides with a weak global season driven by drought.”

ELZUBI on Sky News, Food Prices

Climatic supply shocks,
Logistical and geopolitical bottlenecks,
Policy and trade decisions,
Persistent uncertainty over export flows from geopolitically sensitive regions, accompanied by disruptions in logistics and shipping services,
Closure or disruption of maritime routes and strategic straits, with direct consequences for the supply and cost of production inputs,
Adverse weather conditions in major production areas, particularly prolonged heatwaves and droughts, undermining crop and yield expectations,
Cross‑regional climatic phenomena linked to global climate cycles (such as El Niño), affecting production forecasts across multiple regions simultaneously.