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F.A.O. Food Price Index posts sharpest gain since mid-2012
date:Mar 07, 2014
table Oil Price Index was 197.8 points in February, up 9.2 points from January, driven primarily by firmer prices for palm oil and soy oil.

The palm oil market strength mainly reflects concerns over dry weather in some major production areas in Southeast Asia, together with buoyant demand worldwide, including from biodiesel producers, the F.A.O. said. As for soy oil, quotations rose on fears that unfavorable weather in South America could negatively impact soybean crops.

The Food Price Index c

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