The Food and Agricultural Organization Price Index fell to 124.3 points in May, down from 127.7 for April.  The May value is the lowest since April 2021 and is now 22 percent below March 2022 when the Russian Federation invaded Ukraine. Contributors to the decline included a five percent drop in the Cereal Price Index and nine percent for Vegetable Oil.  A decline in demand for crude palm oil and a bountiful supply impacted this index.