FAO – Monthly Price Index Oilseeds, Oils and Meals, Jan 2026

This report reviews the development of international prices for oilseeds, oils, and meals as reflected by FAO’s price indices.

In December 2025, FAO price indices for oilseeds and oilmeals declined by 3.1% and 5.7%, respectively, while the vegetable oil price index increased slightly by 0.1%. All three price indices remained above their levels from a year ago. The oilseed index contracted after four months of rising, mainly due to lower prices of soybeans, sunflower seed, and rapeseed. Soybean prices eased due to favorable production prospects in South America and subdued US export activity. Sunflower seed prices weakened due to slower buying and demand rationing despite supply tightness in the Black Sea region. Rapeseed prices declined slightly due to higher-than-expected harvests in Australia and Canada and soft demand for Canadian exports. Oilmeal prices fell reflecting lower prices for soy, rapeseed, and sunflower meals, influenced by reduced EU import demand and robust processing in major crushing countries. Vegetable oil prices remained relatively stable.