Sourcing, supply, pricing, and volatility
The old school game has new rules
No one can deny that recent activity in the edible oils market has been crazy! We have gone from feast to famine in terms of supply and of course, prices.
The world of agriculture continues to evolve and the same is true of edible oils markets. The old school game has new rules! Soybean oil, an essential ingredient in food manufacturing, has become critical to the energy sector and biofuels. Crush and refining capacities for soybean and canola oil are grinding upward to meet this growing demand. On the global stage, oil production and increasing consumption is making developments in South America and Asia equally important as what is happening in the U.S. Users of tropical oils including palm are faced with issues of both supply and transportation, both of which can be impactful to prices.
Throw in a pandemic, ongoing supply limitations, and volatility and we have the perfect battery of uncomfortable and unfamiliar factors—new and old—that are meaningful to all market participants in food service, manufacturing, co-packing, and processing.
VIDEO: Nicole Thomas, VP Information Services and Edible Oils Expert
We have answers for your questions and solutions for your challenges.
Playing the game when the rules are changing requires a new game plan. Everyone is searching for better intelligence, an edge, and a stronger strategy for navigating these markets. That’s exactly where McKeany-Flavell can help. Whether it’s supply assurance, interpreting fundamental and technical factors, or just getting the best price possible under these circumstances, we have answers for your questions and solutions for your challenges.
We provide flexible and dynamic solutions to any size company. Give us a call, it won’t cost you a thing to learn more.
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Use the form to schedule a time to talk with Nicole Thomas, VP of Information Services and Edible Oils expert.