Commodities fall in January with decline in sugar and oils
Global food commodity prices fell in January, led by sharp declines in sugar and vegetable oils, the UN Food and Agriculture Organization (FAO) said on Friday. The FAO Food Price Index, which tracks monthly changes in a basket of internationally traded food commodities, averaged […]
Soybean oil prices rise as US tariffs on imports hit
According to StoneX, soybean oil appreciated last week, driven by the United States’ decision to impose import tariffs on Canada, Mexico and China. After four practically stable trading sessions, contracts jumped 2.5% on Friday (31), reaching the highest level in two weeks. The March 2025 maturity closed at US¢ 46.1/lb, […]
