The Vegetable Oil Price Index soared to 166.8 points, a 7.1% month-on-month jump.
The report found that the presence of more than one mycotoxin in a single sample is increasingly the norm rather than the exception.
The FAO attributes the expected bumper crop to higher yields in major staples, maize (corn), rice, and wheat, which collectively account for over half of global caloric intake
The FAO Food Price Index, which tracks monthly changes in international prices of a basket of key food commodities, averaged 127.7 points in May, a 0.8 percent drop from April
Since the launch of the grains and oilseeds map in 2003, significant global changes have occurred, leading to the emergence of new market dynamics.