# Vegetable oil prices soar, far outstripping other food inflation  - The Washington Post

> Vegetable oil prices have risen far faster than other food prices, with some retail buyers reporting doubled costs over six months. The article attributes the squeeze to the Ukraine war, drought and competition from biofuels.

- Date: 2022-05-11 · published 2022-05-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/41483-vegetable-oil-prices-soar-far-outstripping-other-food-inflation-the-washington
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Broad consumer-level inflation in edible oils reflects tight global supply, reinforcing bullish pressure on soybean, palm and sunflower oil prices.

## Read by commodity

- SBO: bullish ▲
- PALMOIL: bullish ▲

## Sources

- washingtonpost.com: https://www.washingtonpost.com/business/2022/05/11/vegetable-oil-prices-surge/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.