The FAO Food Price Index (FFPI) averaged 230 points in March 2011, down 2.9 percent from its peak in February, but still 37 percent above March last year.
International prices of oils and sugar contracted the most, followed by cereals. By contrast, dairy and meat prices were up.
The FAO Cereal Price Index averaged 252 points, down 2.6 percent from February, but still 60 percent higher than in March 2010.
The FAO Oils/Fats Price Index fell 7 percent, to 260, interrupting nine months of consecutive rise.
The FAO Sugar Price Index averaged 372 points, down as much as 10 percent from the highs of January and February.
The FAO Dairy Price Index averaged 234 points, up 1.9 percent from February and 37 percent above its level in March 2010.
The FAO Meat Price Index was little changed at 169 points in March.
International prices of oils and sugar contracted the most, followed by cereals. By contrast, dairy and meat prices were up.
The FAO Cereal Price Index averaged 252 points, down 2.6 percent from February, but still 60 percent higher than in March 2010.
The FAO Oils/Fats Price Index fell 7 percent, to 260, interrupting nine months of consecutive rise.
The FAO Sugar Price Index averaged 372 points, down as much as 10 percent from the highs of January and February.
The FAO Dairy Price Index averaged 234 points, up 1.9 percent from February and 37 percent above its level in March 2010.
The FAO Meat Price Index was little changed at 169 points in March.
