# Vegetable oil prices decline to 5-month low  : The Daily Digest

> The FAO reported its vegetable oil price index fell to a five-month low in December 2017, with the vegetable oil index down 9.6 points and the oilseeds index down 2.2 points. The oilmeal index rose 7.0 points to a 10-month high.

- Date: 2018-01-21 · published 2018-01-21T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/67047-vegetable-oil-prices-decline-to-5-month-low-the-daily-digest
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower vegetable oil and oilseed prices ease feed-fat and soymeal input costs for buyers, while the firmer oilmeal index signals tighter protein meal supply.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2021-03-25 | [Vegetable oil prices set to fall](https://feedsoft.ai/events/12665-vegetable-oil-prices-set-to-fall.md) | -6.5% | +5.0% |
| SBO | 2020-06-16 | [FAO vegetable oil price index falls to eight-month low - Renewable Carbon News](https://feedsoft.ai/events/52705-fao-vegetable-oil-price-index-falls-to-eight-month-low-renewable-carbon-news.md) | +2.2% | +2.7% |
| SBO | 2021-12-16 | [Sunflower prices in Ukraine accelerated their decline under pressure from lower prices for vegetable oils 16.12.2021 - UkrAgroConsult](https://feedsoft.ai/events/43707-sunflower-prices-in-ukraine-accelerated-their-decline-under-pressure-from-lower.md) | +1.1% | +4.7% |
| SBO | 2019-05-17 | [FAO vegetable oil price index at eleven-year low - Renewable Carbon News](https://feedsoft.ai/events/59164-fao-vegetable-oil-price-index-at-eleven-year-low-renewable-carbon-news.md) | -3.4% | -0.4% |
| SBO | 2024-09-30 | [US renewable diesel production capacity posts largest monthly decline on record \| Reuters](https://feedsoft.ai/events/15182-us-renewable-diesel-production-capacity-posts-largest-monthly-decline-on-record.md) | +0.5% | +2.2% |
| SOY | 2023-02-10 | [US soybean and oil prices decline w-o-w following WASDE report](https://feedsoft.ai/events/37421-us-soybean-and-oil-prices-decline-w-o-w-following-wasde-report.md) | +0.5% | -0.4% |
| SOY | 2024-05-23 | [China's imports to determine prices \| The Western Producer](https://feedsoft.ai/events/14749-china-s-imports-to-determine-prices-the-western-producer.md) | -2.9% | -6.9% |
| SOY | 2023-08-14 | [Soybean prices decline despite cuts to US crop – WASDE update](https://feedsoft.ai/events/5615-soybean-prices-decline-despite-cuts-to-us-crop-wasde-update.md) | -2.7% | -3.5% |

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/vegetable-oil-prices-decline-to-5-month-low/

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