# Vegetable oil prices lost substantial ground: UFOP  : The Daily Digest

> The FAO vegetable oil price index fell about 4% in April 2017 to a nine-month low, according to UFOP citing AMI. Palm and soybean oil saw especially sharp declines over the first half of 2017.

- Date: 2017-06-11 · published 2017-06-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/70580-vegetable-oil-prices-lost-substantial-ground-ufop-the-daily-digest
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Growing Southeast Asian palm output against softer demand, plus a global soybean oil oversupply from big South American crops and a record US soybean area, pushes vegetable oil prices lower, which lowers the cost of fat inputs for feed blends.

## Read by commodity

- SBO: bearish ▼
- PALMOIL: bearish ▼

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/vegetable-oil-prices-lost-substantial-ground-ufop/

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