date:May 14, 2013
rices reflects good progress in South Americas record soybean harvest, larger than anticipated inventory levels in the United States and initial forecasts of a record US soybean crop later this year. Furthermore, weakening energy prices and persistent global macroeconomic concerns continued to weigh on the vegetable oil complex as a whole.
The FAO Dairy Price Index averaged 258.8 points in April, a sharp rise of nearly 34 points (14.9 per cent) from March. The main cause of the price surge seen