biofuel demand Archives - McKeany-Flavell

World food prices down for second month on cheaper cereals, dairy, oils

World food prices down for second month on cheaper cereals, dairy, oils

After falling 2.6 percent the previous month, FAO’s Food Price Index (FPI) fell again in July, down 1.2 percent from June. Adjusted for inflation, July’s FPI was still up about 29 percent YOY on declines among the dairy, cereals, and vegetable oils subindexes vs. [...]

By Daniel Aviles|August 6, 2021|Categories: Corn & Soy Complex, Dairy & Eggs, Edible Oils, Livestock & Poultry, Market Prices, Sugar|Tags: biofuel demand, cereals index, dairy index, Food Price Index (FPI), food prices, oils index, palm oil prices, soybean oil, sugar index, vegetable oils index|0 Comments

Soybean oil prices crash to finish the week

Soybean oil prices crash to finish the week

After reaching new highs at 57.47 cents per pound last Wednesday, trading the daily limit up, soybean oil crashed and ended the week on back-to-back limit-down days. The nearby May-21 contract closed at 52.48 cents per pound, the lowest since Mar. 4. Concerns over [...]

By Eric Thornton|March 29, 2021|Categories: Corn & Soy Complex, Energy|Tags: Acreage report, biofuel demand, COVID-19 lockdowns, energy markets, Ever Given, green energy, Soybean oil prices, Suez Canal|0 Comments

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