FAO – Monthly Price Update Oilseeds, Oils and Meals, Jun 2025

The main topic of the report is the analysis of international prices for oilseeds, oils, and meals as reflected in FAO price indices.

In May 2025, all three FAO price indices tracking changes in oilseed prices decreased. The oilseed and meal price indices fell by 1.3 and 3.3 points respectively, remaining below last year's level. The vegetable oil price index decreased by 5.8 points but remained 19.1% above the May 2024 level. The decline in the oilseed index is attributed to a slight increase in soybean prices and a decrease in rapeseed and sunflower prices. Soybean prices fluctuated within a narrow range and slightly increased on average in May. The decline in rapeseed prices was influenced by prospects of increased production in the EU, while the decline in sunflower prices was due to increased sowing and production in the Black Sea region.