[United Nations Food and Agriculture Organization: global Food Price Index fell in May] according to information released by the United Nations Food and Agriculture Organization, the global food price index in May was 124.3 points, down 2.6% from the previous month and 22.1% lower than the all-time high in March 2022. Data show that the sharp fall in the prices of most grains, vegetable oils and dairy products in May led to a decline in the global food price index. Among them, grain prices fell 4.8% month-on-month in May, vegetable oil dropped 8.7% month-on-month, and dairy products fell 3.2% month-on-month. According to the grain supply and demand report released by the FAO on the same day, global grain production is likely to increase by 1.0% to 2.813 billion tons in 2023.