Markets and Trade

16/09/2020

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 year-earlier levels, the vegetable oils index stood out with its 19 percent year-on-year gain.

19/08/2020

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, respectively, 4 and 2 percent above the respective July 2019 values, while the vegetable oils index registered a remarkable advance of 19 percent year-on-year.

15/07/2020

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 the indices for both oilseeds and vegetable oils stood above their year-earlier levels, the index for oilmeals fell below the level recorded in the corresponding month of last year.

17/06/2020

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 their year-earlier levels, the vegetable oils index stood only 0.5 percent above the value observed in May 2019.

13/05/2020

In April, FAO’s price index for oilseeds contracted slightly, shedding 0.7 points (or 0.5 percent) and marking the lowest level since September 2019. By contrast, FAO’s oilmeal index appreciated for the fifth consecutive month, gaining 1.6 points (or 0.9 percent) and posting a 20-month high. In the meantime, the vegetable oils index remained on a downward slope, losing another 7.2 points (or 5.2 percent), though still faring slightly above the level recorded in the corresponding month of last year.

15/04/2020

In March, FAO’s price index for oilseeds contracted for the second consecutive month, shedding 4.7 points (or 3.2 percent) and falling below the level recorded in the corresponding month of last year. The index for vegetable oils posted an even more pronounced fall of 19.0 points (or 12.0 percent), marking the lowest level recorded since October 2019. By contrast, FAO’s oilmeal price index strengthened further, gaining 13.0 points (or 8.0 percent) month-on-month, which lifted the indicator to a one-and-a-half year high.

11/03/2020

In February, after rising three months in a row, FAO’s price index for oilseeds posted a moderate drop, shedding 5.8 points (or 3.8 percent). Meanwhile, the vegetable oil price index saw a more pronounced drop of 18.2 points (or 10.3 percent), thus interrupting the upward trend observed since July 2019. By contrast, the oilmeal index remained virtually unchanged. Year-on-year, all three indices trailing the oilcrops complex fared above the respective levels registered in February 2019.

12/02/2020

In January, FAO’s price indices tracking the oilcrops complex continued to rise. The oilseeds and oilmeals indices increased for the second consecutive month, gaining, respectively, 5.0 and 4.2 points (or 3.4 and 2.7 percent). While the oilseeds index climbed to the highest level since May 2018, the index for oilmeals remained below the value observed in the corresponding month of last year. As for vegetable oils, the price index rose for the seventh month in succession,posting a month-on-month gain of 11.6 points(or 7.0 percent) and marking a three-year high.

15/01/2020

The month of December saw FAO’s three price indices related to the oilcrops complex appreciate. Month-on-month, the oilseed and oilmeal indices gained, respectively, 1.7 and 4.1 points (or 1.2 and 2.7 percent), but the strongest rise occurred in the vegetable oil segment, whit its index rising 14.1 points (or 9.4 percent) –marking the sixth increase in succession and the highest level since November 2017.

09/12/2019

The 2018 compendium offers an overview of salient government policies and related private sector measures concerning global and national markets for oilcrops and derived products. Its purpose is to facilitate the work of policy makers, market experts, analysts and other interested stakeholders by providing a short, concise, overview of policy developments relevant to the sector. Detailed news items are presented in tabular form (in English only), preceeded by a breief discussion of teh key policy trends observed in the year under review.

13/09/2019

FAO’s price index for oilseeds continued to fluctuate within a multi-year low range. In August, following two consecutive rises, the index dropped by 3.4 points (or 2.4 percent). The oil meal price index mirrored the downward correction observed for oilseeds, shedding 3.7 points (or 2.4 percent) and marking a 2-year low. By contrast, FAO’s price index for vegetable oils rose markedly in August, gaining 7.5 points (or 5.9 percent) and reaching the highest level since October 2018.

13/09/2019

Following a marked rebound in October, FAO’s price index for oilseeds fell by 2.2 points (or 1.5 percent) in November, although its value remained above the level recorded in the corresponding period of last year. Meanwhile, FAO’s oilmeal index remained virtually unchanged, shedding only 0.3 points (or 0.2 percent) month-on-month, whereas the price index for vegetable oils continued rising, gaining as much as 14.2 points (or 10.4 percent), which lifted the index to the highest level since May 2018.

13/09/2019

In March, all three FAO price indices trailing the oilseed complex slipped downward. While the indices for oilseeds and oilmeals shed, respectively, 3.2 and 1.9 points (or 2.2 and 1.2 percent) from their February level, the vegetable oil index fell by as much as 5.9 points (or 4.4 percent), thus reversing the upward trend observed during the three preceding months. Although all three indices continued to fare below their respective year-earlier levels, the oilmeal index dropped to its lowest value since September 2017.

13/09/2019

In January, the FAO price indices for oilseeds and meals remained virtually unchanged. The oilseed index notched up 0.2 points (or 0.2 percent), whereas the meal index shed 0.6 points (or 0.4 percent). While both indices stood just below the level observed in the corresponding month of last year, the meal index fell short by one fifth from the peak recorded in April 2018. Meanwhile, FAO’s price index for vegetable oil appreciated for the second consecutive month (after a protracted decline), gaining 5.4 points or 4.3 percent month-on-month but remaining low relative to recent years.

13/09/2019

In July, the FAO price index for oilseeds gained 1.4 points (1.0 percent), appreciating for a second consecutive month and marking a 5-month high. By contrast, the oilmeal index fell sharply, dropping by 6.9 points (4.2 percent) and shedding most of the gains registered in June. Meanwhile, the vegetable oils price index recorded a timid recovery of 1 point (0.8 percent), after falling two months in a row. All three indices continued to fare below the corresponding year-earlier levels.

13/09/2019

In February, FAO’s price index for oilseeds remained virtually unchanged for the second consecutive month. However, the oilmeal index continued its fall, losing another 9 points (or 5.5 percent) to hit its lowest value since October 2017. The price index for vegetable oils, on the other hand, appreciated for a third month in a row, gaining 2.3 points (or 1.8 percent). The three indices tracking the oilseeds complex all fared below their respective year-earlier levels.

13/09/2019

In April, FAO’s price indices for oilseeds and oilmeals continued to decline, shedding, respectively, 1.9 and 1.2 points (or 1.4 and 0.8 percent), while the index for vegetable oils notched up 1.1 points (or 0.9 percent). Remaining below their respective year-earlier levels, all three indices lingered around historical lows.

13/09/2019

In June, FAO’s price index for oilseeds rebounded from the multi-year low registered during the previous month, gaining 6.3 points (or 4.7 percent), while the oilmeals index also strengthened by 8.2 points (or 5.3 percent). By contrast, the vegetable oil index dropped to a 7-month low, shedding 2.0 points (or 1.6 percent). All three indices fared below their year-earlier levels.