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Oils & Meals price index
This post is a summary of the Oils & Meals price index developments since 2005 as per the World Bank. The developments are expressed as an index and not in absolute terms. Therefore the Oils & Meals price index means that the values provided are relative to Jan 1 2019 which is defined as 1.00.
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Notes on the price-data
- We aim to update the data series on the 11th and 25th of each month (but we do not always make it for each chart)
- The data for the current month and recent history are fine-tuned over time.
- We are continually improving our data collection and processing methods and data will be updated from time to time as we improve the accuracy
- We are working hard to upgrade the algorithm before April 1, 2023 and a further fine-tune by July 1, 2023
- This the index trend of the price of the product group in general and not a single specification in particular
- The source of the data are exclusively public non-confidential sources
- We combine public publications, import/export records, company announcements, and sources of ad-hoc public information.
- The chart shows the price trend, nearly always taken from many statistically-correlated sources
- The data is presented in US$. The UOM of measure is shown in the Index list table
- We do our best to create an accurate representation of the trend
- Although we believe the price trend to be accurate, we assume no responsibility or liability for any errors or omissions in the content of this site.
- The information is provided on an “as is” basis with no guarantees of completeness, accuracy, usefulness, fitness for purpose or timeliness.
- By their nature, outlooks are always uncertain
- We are working on 500 additional indexes which will be released over time when we are content that it is accurate.
- Feel free to contact us if you have a specific request.
- The service is funding by advertising, so our apologies for the distraction of the advertisements.