Wild week of strength for soy, support for palm oil

Futures activity Nearing expiration, May-22 soybean futures closed Friday at $16.55 per bushel, down about $0.53 per bushel from the start of the week. Nov-22 soybeans ended the week down $0.44 at $14.7075 per bushel. S&D and fundamental factors U.S. soybean plantings were 8 [...]

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. [...]

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