How a ‘worm’ might affect prices of cereal, toothpaste and chicken rice

NAKHON RATCHASIMA, Thailand: It is an insect species almost no one in Singapore has heard of, and it grows to no longer than two inches.

But the fall armyworm is one hungry caterpillar that has devastated cornfields across Asia in a short time, threatening an agricultural disaster.

Corn is found in many things, including animal feed. So a corn shortage could mean higher prices of cereal, toothpaste, chicken and more.