World food prices are falling again in June

The world food prices are again falling in June. Mainly dairy products and sugar prices were responsible for this decline. The FAO's food index (food and agricultural organisation), the monthly look at a basket of cereals, oilseeds, dairy, meat and sugar, sank in June to 1.5 points or 0.9% to an average of 165.1 points. The FAO's 2015 by a world grain production height of 2,527 billion tons. That would be a decrease of 1.1% to the previous year.

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