# In the eye of the storm: How the oilseeds market emerged as the global driver of agriculture markets, its role in wider food price inflation - Fastmarkets

> Fastmarkets analysis describes oilseeds as the leading driver of agricultural markets, citing recovering Chinese hog herd demand, North American biofuel demand, and EU moves away from palm oil. It notes rising US CPI and food price inflation linked to oilseed volatility.

- Date: 2021-06-10 · published 2021-06-10T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/46619-in-the-eye-of-the-storm-how-the-oilseeds-market-emerged-as-the-global-driver-of
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Structural demand growth for oilseeds and meals supports prices and volatility, which raises input costs for feed buyers relying on soybean meal and vegetable oils.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-09-08 | [Who owns all the grain? — This week in the grain market - RealAgriculture](https://feedsoft.ai/events/69006-who-owns-all-the-grain-this-week-in-the-grain-market-realagriculture.md) | +0.4% | +0.5% |
| SOY | 2018-01-28 | [U.S. dollar impacts grain prices - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/67028-u-s-dollar-impacts-grain-prices-agweek-1-source-for-agriculture-news-farming.md) | -0.7% | +4.9% |
| SOY | 2026-09-25 | [What’s behind the latest surge in grain and oilseed prices?](https://feedsoft.ai/events/17495-what-s-behind-the-latest-surge-in-grain-and-oilseed-prices.md) | -2.5% | -4.9% |
| SOY | 2021-04-30 | [Inflationary Signs Are Everywhere In The Commodities Market \| Investing.com](https://feedsoft.ai/events/47516-inflationary-signs-are-everywhere-in-the-commodities-market-investing-com.md) | +4.1% | -0.4% |
| SOY | 2021-03-10 | [Food prices rise globally as countries compete to replenish stockpiles, bad weather hits crops - ABC News](https://feedsoft.ai/events/8631-food-prices-rise-globally-as-countries-compete-to-replenish-stockpiles-bad.md) | -1.2% | -2.3% |
| SBO | 2016-12-02 | [Farming News - Oilseed Market Report: Rise in sterling bodes ill for exporters](https://feedsoft.ai/events/73557-farming-news-oilseed-market-report-rise-in-sterling-bodes-ill-for-exporters.md) | -1.6% | -8.6% |
| SBO | 2026-04-02 | [Animal feed, fats and proteins: Market outlook and supply chain dynamics – webinar summary - Fastmarkets](https://feedsoft.ai/events/19832-animal-feed-fats-and-proteins-market-outlook-and-supply-chain-dynamics-webinar.md) | +1.8% | +7.0% |
| SBO | 2023-11-02 | [Petroleum increases its influence on crop prices \| The Western Producer](https://feedsoft.ai/events/15260-petroleum-increases-its-influence-on-crop-prices-the-western-producer.md) | +2.0% | +8.1% |

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/in-the-eye-of-the-storm-how-the-oilseeds-market-emerged-as-the-global-driver-of-agriculture-markets/

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