# Grain market review: Oilseeds | 2021-01-22  | World Grain

> World Grain's review says oilseed prices rose sharply in recent weeks as vegetable oil demand firmed and export availability fell. It cites FAO data showing a 14.5% monthly jump in world vegetable oil prices in November, and USDA ERS cutting 2020-21 global soybean production by 586,000 tonnes to 362.1 million.

- Date: 2021-01-22 · published 2021-01-22T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/49245-grain-market-review-oilseeds-2021-01-22-world-grain
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tighter global vegetable oil and soybean supplies support higher prices for soybean meal and oils used in feed formulations, raising feed input costs.

## Read by commodity

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

## Sources

- world-grain.com: https://www.world-grain.com/articles/14771-grain-market-review-oilseeds

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