This review examines the factors influencing global crop prices in the context of climate change. Climate change has significantly impacted agricultural production, leading to reduced yields and increased food shortages. The study systematically reviews recent literature (2013–2023) to identify key factors affecting crop prices, including climate elements, biofuel, and economic factors. The findings show that crop prices have been both positively and negatively affected by various factors, with a general trend of increasing prices due to decreasing yields. Climate change is a major driver of changes in crop prices, particularly through its effects on temperature, rainfall, and carbon dioxide levels. These factors have significant impacts on crop yields, which in turn influence prices. Biofuel production and policies also have both short- and long-term effects on crop prices, with biofuel production having a stronger immediate impact. Supply-side factors such as energy and oil prices, water supply, and technology are key determinants of crop prices, while demand-side factors like population, income, inflation, and exchange rates also play a role. The review highlights the need for further research into the complex interactions between climate change, biofuels, and economic factors in determining crop prices. The study underscores the importance of incorporating climate change into agricultural commodity price forecasting models to improve accuracy and inform policy decisions. Overall, the review provides a comprehensive understanding of the factors affecting crop prices under climate change, emphasizing the need for integrated approaches to address the challenges posed by climate change on food security.This review examines the factors influencing global crop prices in the context of climate change. Climate change has significantly impacted agricultural production, leading to reduced yields and increased food shortages. The study systematically reviews recent literature (2013–2023) to identify key factors affecting crop prices, including climate elements, biofuel, and economic factors. The findings show that crop prices have been both positively and negatively affected by various factors, with a general trend of increasing prices due to decreasing yields. Climate change is a major driver of changes in crop prices, particularly through its effects on temperature, rainfall, and carbon dioxide levels. These factors have significant impacts on crop yields, which in turn influence prices. Biofuel production and policies also have both short- and long-term effects on crop prices, with biofuel production having a stronger immediate impact. Supply-side factors such as energy and oil prices, water supply, and technology are key determinants of crop prices, while demand-side factors like population, income, inflation, and exchange rates also play a role. The review highlights the need for further research into the complex interactions between climate change, biofuels, and economic factors in determining crop prices. The study underscores the importance of incorporating climate change into agricultural commodity price forecasting models to improve accuracy and inform policy decisions. Overall, the review provides a comprehensive understanding of the factors affecting crop prices under climate change, emphasizing the need for integrated approaches to address the challenges posed by climate change on food security.