Food and Agriculture Organization

BROKERS’ TAKE

Aletheia Capital downgrades Wilmar to ‘sell’, cuts target to S$2.50 on legal woes

China contributes more than half of the agribusiness group’s earnings

Next on the menu is fresh poached prawns garnished with silkworm pupae.

Creepy crawlies or culinary delights: The buzz around South-east Asia’s booming bug business 

Thailand dominates the industry; Cambodia and Laos among the largest consumers of insects in the region

Only dairy bucked the downward trend in prices, with the FAO index rising 2.4 points to 111.3 points, following nine months of consecutive declines.

World food price index falls in October, says FAO

The United Nations food agency’s world price index fell in October to its lowest level in more than two years, driven by declines in sugar, cereals, vegetable oils and meat.

While the meat index rose 1.3 per cent month-on-month, dairy prices dipped 1.7 per cent, vegetable oil prices fell 1.3 per cent and the cereal price index shed 1.7 per cent, with a decline in world prices of all major grains outweighing an increase in rice prices.

World food prices rise for first time in a year

The United Nations food agency’s world price index rose in April for the first time is a year, but is still some 20 per cent up on a record high hit in March 2022 following Russia’s invasion of Ukrain...