Food and Agriculture Organization of the United Nations

The main theme of the report is an overview of international prices for oilseeds, oils, and meals, reflected in FAO's price indices. In January 2025, FAO's price indices for oilseeds and meals increased compared to the previous month, while the vegetable oil price index declined for the second consecutive month. The increase in the oilseed index was mainly driven by rising soybean quotations, despite declining rapeseed prices and stable sunflower prices. Soybean prices were influenced by weather conditions in South America, particularly in Argentina and Brazil, as well as a revised production forecast in the USA. Rapeseed prices fell due to uncertainty in biofuel demand in the USA, and sunflower prices remained stable but above last year's level due to expected reductions in global stocks.