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The month of August saw a rise in all threeFAO price indices trailing the oilseed complex. The oilseeds index increased for a third consecutive month, rising by 0.6 points (or 0.6 percent) and marking the highest level since January 2020. The price indices for oilmeals and vegetable oils posted more significant gains of, respectively, 3.7 and 5.5 points (or 4.6 and 5.9 percent). While all three indices fared above their...
The month of July saw FAO’s price indices for oilseeds and vegetable oils rise to multi-month highs, gaining, respectively, 3.1 and 6.6 points (or 3.5 and 7.6 percent). By contrast, in the case of oilmeals, the price index only marginally recovered from the marked falls registered in May and June, up merely 0.5 points (or 0.6 percent) in July. Compared to their year-earlier levels, the oilseeds and oilmeals indices stood,...
In June, FAO’s price index for oilseeds recovered moderately from the nine-month low observed in May, gaining 2.0 points (or 2.3 percent). Mean-while, the vegetable oils index saw a marked rebound after declining for four months in a row, climbing by 8.8 points (or 11.3 percent) from its May value. By contrast, the oilmeal index continued declining, shedding 1.9 points (or 2.3 percent) month-on-month and reaching a six-month low. While...
In May, FAO’s price index for oilseeds remained virtually unchanged, shedding only 0.2 points(or 0.1 percent). At the same time, the oilmeal index declined sharply, losing 16.2 points (or10.1 percent) and reaching the lowest level since December 2019. The vegetable oils index also fell, decreasing by 3.7 points(or 2.6 percent) month-on-month, marking a fourth consecutive drop. While the indices for oilseeds and oilmeals fared, respectively, 3.8 and 3.6 percent above...