The world food commodity prices declined for the fifth consecutive month in August, as quotations for most benchmark items dropped, according to a new report released today by the Food and Agriculture Organization of the United Nations (FAO). The FAO Food Price Index averaged 138.0 points in August, down 1.9% from July although …

FAO Dairy Price Index   averaged 143.5 points in August, down 3.0 points (2.0%) from July, marking the second consecutive monthly decline, but still 27.3 points (23.5%) above its value a year ago. In August, international price quotations for butter and milk powders declined, principally due to weaker demand for spot supplies…

Precision fermentation, growing lab-grown milk and future of dairy farmers   Synthetic milk or lab-grown milk is not a new thing but is gaining traction rapidly and two recent news clips have provided further attention to it:   1.     A recent scholarly article by Milena Bojovic of Macquarie University claiming “Synthe…