Global markets have witnessed a substantial rise in the prices of key agricultural commodities since 2011. The lockdowns and supply chain disruptions resulting from COVID-19 in 2020-21, along with the conflict in Ukraine, have further heightened the prices of both agricultural inputs and outputs. This prevailing scenario presents challenges for developing countries like Nepal that rely on the import of food and agricultural inputs. With imports constituting approximately 12 percent of total wheat consumption, 23 percent of rice consumption, and 31 percent of maize consumption in 2019, Nepal is also grappling with the repercussions of escalating global agricultural commodity prices.