The Food and Agriculture Organisation's (FAO) price index, which measures monthly price changes for a basket of cereals, oilseeds, dairy, meat and sugar, averaged 215.2 points in May, slightly down from 215.8 points in April.
FAO's cereal price sub-index rose 1.9 percent in May, mainly due to a strong rebound in maize prices due to tightening export supplies and planting delays in the United States, the Rome-based agency said.