03 Jun 2022 --- World food commodity prices declined modestly in May for the second consecutive month, although wheat and poultry prices pushed higher, the Food and Agriculture Organization of the United Nations (FAO) reports. The FAO Food Price Index averaged 157.4 points in May 2022, down 0.6% from April. The Index, which tracks monthly changes in the international prices of a basket of commonly-traded food commodities, however, remained 22.8% higher than in May 2021.
