date:Jun 10, 2019
national energy prices, which reduced demand for sugarcane to produce biofuels, also negatively affected sugar prices.
The FAO Vegetable Oil Price Index declined 1.1 percent as palm oil values dropped on account of large inventory levels in leading exporting countries. Prices of soy, sunflower and rapeseed oils increased modestly.
Cereal outlook
The FAO reports a dim outlook for maize in particular. The organizations latest forecast for world cereal production in 2019 the Cereal Supply and D