NEWS
Thu Dec 6, 2012 07:19 AM CST

(Dow Jones) -- World Food prices fell in November to their lowest level since June, but the United Nations' Food and Agriculture Organization warned the outlook for wheat and corn supplies is tightening.

The UN's monthly food price index, which measures the monthly change in international prices of a basket of food commodities, averaged 211 points in November, down 3 points, or 1.5%, from the October level.

The index in November was down 3% from a year earlier, the FAO said.

The FAO cereal and demand brief, also published Thursday, forecast world cereal stocks will fall 5% to 495 million ...

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