Era of high food prices probably over but risks remain: report
OECD and FAO also see 1.5% yearly rise in crop production globally and 20% jump in agricultural output in S-E and East Asia over next decade
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
THE "recent period of high agricultural commodity prices is most likely over", said the Organisation for Economic Co-operation and Development (OECD) and the United Nations' Food and Agriculture Organization (FAO) in their latest joint 10-year outlook published on Monday.
But the two organisations warned of the need for vigilance as, they said, "the probability of a major price swings remains high".
Copyright SPH Media. All rights reserved.
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
