World food prices eased in October despite uncertainty over Ukraine grain shipments

Dairy prices fell 1.7%, meat was down 1.4% and sugar eased 0.6%

The United Nations food agency's world price index edged slightly lower in October, the seventh consecutive monthly fall and almost 15% down from its all-time high recorded in March.

The Food and Agriculture Organisation, or FAO, said its price index, which tracks the most globally traded food commodities, averaged 135.9 points last month versus a revised 136.0 for September.