FAO index drops again in June 2012. - In June, world food prices fell for the third month in a row, dropping 1.8% compared to May and falling to their lowest level since September 2010, according to statistics of the United Nations Food and Agriculture Organisation (FAO). The FAO index for the prices of food products is down around 15% below its peak level of February 2011, when it saw its highest level since the FAO began measuring food prices in 1990. All food groups saw their prices fall,...