World food prices ease for second month running in July: UN FAO

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World food prices eased for a second month running in July after five consecutive monthly gains, pushed down by falls in the prices of some ...

ROME: World food prices eased for a second month running in July after five consecutive monthly gains, pushed down by falls in the prices of some cereals, dairy products and sugar, the United Nations food agency said on Thursday .

The FAO cereal price index fell 2.7 per cent from June due to lower wheat and maize prices, but was still up 4.1 per cent from its level in July last year. FAO's all rice price index marked its fifth successive month of stability, the agency said.

 

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