Food prices

NEWS ANALYSIS

Global rice prices have hit a floor, but India’s supply glut will smother any gains

Falling rice prices may benefit consumers in Africa and beyond, but they threaten to erode the already thin profits of Asian farmers, who grow nearly 90% of global rice

About 85 per cent of LReit’s committed debt facilities are linked to sustainability performance indicators.
ESG INSIGHTS

Issue 129: LReit’s new debt sticks to sustainability-linked structure; Oxford Economics weighs food cost of net zero

This week in ESG: Lendlease Global Commercial Reit’s commitment to sustainability-linked financing; net zero could significantly raise food production costs in South-east Asia

Asean's development partners can play a pivotal role in supporting the transition to net-zero emissions in the agricultural and food sector by providing financial assistance and technical expertise.

Net-zero policies in Asean may cause food production costs to jump 60% by 2050: report

New foreign direct investment is key to drive transformation of the region’s food production system

Prices of all categories rose apart from meat, with vegetable oils jumping more than 7 per cent from the previous month, supported by concerns over palm oil production.

World food prices reach 18-month high in October, UN says

The price index was up 5.5% from a year ago and marked its highest since April 2023

Only one category, retail and other goods inflation, recorded higher year-on-year inflation in September, compared with August.

Singapore inflation marginally higher than expected in September; core at 2.8%, headline at 2%

Sequentially, core CPI edges up 0.1 per cent; headline CPI is up 0.3 per cent

The 3 per cent gain in the gauge – that tracks grains, sugar, meat, dairy and vegetable oils costs – is the largest increase since March 2022.

World food price index marks biggest rise since March 2022

Higher food prices may continue to hit consumers as bad weather and escalating tensions in the Middle East threaten to roil food markets

Data shows the European Union saw a record number of potential olive oil fraud cases at the start of the year as prices peaked.

Your olive oil might be unfit for human consumption

The more processed a food is, the easier it is to add adulterants or deliberately mislabel

The price index, compiled by the UN Food and Agriculture Organization (FAO) to track the most globally traded food commodities, slipped to 120.7 points in August from a revised 121 in July.

World food prices ease slightly in August, UN says

THE United Nations’ world food price index eased slightly in August, data released on Friday (Sep 6) showed, as lower prices for sugar, meat and cereals more than offset higher dairy and vegetable oil...