Monthly price update. Oilseeds, Oils and Meals, No. 174 | January 2024
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FAO ;
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The Monthly Price Update is an information product provided by the oilseeds desk of the Markets and Trade Division of FAO. It reviews the development of international prices for oilseeds, oils and meals as reflected by FAO’s price indices. In December 2023, the oilseed and vegetable oil price indices declined marginally compared to November 2023, while the oilmeal price index fell markedly. For 2023 as a whole, all three price indices declined year-on-year, with the annual average of the vegetable oil index dropping sharply by 32.7 percent and marking a three-year low.