Benchmark FAO Food Price Index shows dip in international prices of cereals, vegetable oils and sugar

World cereal production seen slightly down in 2022
The barometer for world food commodity prices declined slightly in June for the third consecutive month, the Food and Agriculture Organization of the United Nations (FAO) reported today.
The FAO Food Price Index averaged 154.2 points in June 2022, down 2.3 percent from May. The Index, which tracks monthly changes in the international prices of a basket of comm...