World Food Prices Fell in December

News

Vegetable oil led the decrease, with the FAO Vegetable Oil Price Index down 6.7% from November to reach its lowest level since February 2021. International quotations for palm, soy, rapeseed and sunflower seed oils all declined in December, driven by subdued global import demand and prospects of seasonally rising soy oil production in South America. Read more here.

 

Author: Feedstuffs