Improved supplies weigh on food prices
date:Jun 06, 2014
s, representing a second sharp monthly fall, and a decline of 12 points, or 5 percent, over April.

Sugar was up 9.3 points, or 3.7 percent, averaging 259.2 points, while vegetable oils averaged 195.3 points, down 3.7 points, or 1.8 percent from April on lower quotes of palm, soy and rapeseed oils.

The FAO Cereal Price Index declined 2.4 points, or 1.2 percent to average 204.4 points. The index was 30 points, or 13 percent, below last year's average, according to the FAO.
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