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Reuters

Business

By Maytaal Angel

Food prices fell again in July, U.N. agency says

United Nations FAO

FILE PHOTO: A load of corn is poured from a truck into a grain silo on a family farm in Ravenna, Ohio, U.S., October 11, 2021. REUTERS/Dane Rhys/

The United Nations food agency's world price index declined again in July, edging further away from record highs hit in March.

The Food and Agriculture Organization's (FAO) food price index, which tracks the most globally traded food commodities, averaged 140.9 points last month versus a revised 154.3 for June. The June figure was previously put at 154.2.

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