The main theme of the report is the analysis of international prices for oilseeds, oils, and meals, as reflected in the FAO price indices.
In July 2025, the price indices for oilseeds and meals continued to decline, falling by 2.0 and 3.7 points respectively, remaining below last year's levels. The vegetable oil price index rose for the second consecutive month, reaching a three-year high. The decline in the oilseeds price index is attributed to lower quotations for soybeans, rapeseed, and sunflower. International soybean prices fell due to expectations of a bountiful harvest in the United States and a reduction in export duties in Argentina. Rapeseed prices fluctuated within a narrow range despite concerns about the Canadian crop. Sunflower prices declined for the fourth consecutive month due to an anticipated record harvest in the Black Sea region. The meal price index also fell for the fourth consecutive month, reaching its lowest level since December 2019, mainly due to declining soybean meal prices.