World food prices fall again in June - UN food agency

A community member grabs a piece of fruit at The Community Assistance Center food pantry, in Atlanta, Georgia, U.S. April 12, 2023. REUTERS/Megan Varner

ROME (Reuters) - The United Nations food agency's world price index fell in June to its lowest level in more than two years, pushed down by a drop in the cost of sugar, vegetable oils, cereals and dairy products.

The Food and Agriculture Organization's (FAO) price index, which tracks the most globally-traded food commodities, averaged 122.3 points in June against a revised 124.0 for the previous month, the agency said on Friday.