Soybeans are an important and widespread oilseed crop in the U.S., due, in part, to soybean byproducts. Soybean meal serves as feedstock for livestock and soybean oil can be converted into biodiesel and renewable diesel. Biodiesel and renewable diesel differ in their refining process, [...]
Adjusted for inflation, FAO’s Food Price Index (FPI) fell nearly 2 percent in December, reaching its lowest level since September 2021 and down about 2.6 percent YOY. FPI for all of 2022 was still up nearly 12 percent YOY and up nearly 37 percent [...]
As the conversation of sustainability goes global, the use of renewable and sustainable materials for household necessities and daily operations has graduated from being a nice-to-have to a need-to-have. Energy sectors across the world especially reflect this, with many countries looking at sustainable fuel [...]
Adjusted for inflation, FAO’s Food Price Index (FPI) fell 1 percent in September, the sixth straight down month. Year on year, the September FPI was up nearly 4 percent—significant, but a vast change from growth in 2021. The 2021 FPI was up 26 percent [...]
Demand for soybean oil remained impressive in May, with 1.75 billion pounds removed from stocks for processing, up 6 percent YOY. About 1.22 billion pounds were removed for edible applications, up slightly from April and close May 2021’s volume. Use of soybean oil for [...]
FAO’s Food Price Index (FPI) was reported down over half a percent in May, adjusted for inflation, the second straight monthly decline. May’s FPI was still up 20.8 percent YOY, supported by significant gains across all subindexes. Food commodities showing the most significant YOY [...]
In April, FAO’s Food Price Index (FPI) fell slightly from March, possibly a positive sign after strong food price inflation in previous months. Adjusted for inflation, the FPI was 121.8, down about 0.8 percent from prices in March. The FPI was still up 28 [...]
FAO reported its Food Price Index (FPI) at a new record in March 2022, about 17 percent above its previous high in early 2011 and up nearly 37 percent YOY (unadjusted for inflation). Adjusted for inflation, the FPI was still a record high in [...]
