date:Jun 07, 2013
r a basket of cereals, oilseeds, dairy meat and sugar, averaged 215.2 points in May, against 215.8 points in April.
Declines in dairy and sugar costs were offset by rising maize prices, which were boosted by tightening export supplies and planting delays, FAO said.
Despite falling slightly, the index is still close to levels reached over the summer of 2012 when food prices spiked up due to a historic drought in the United States and dry weather in other major grains producers.
It is also near