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Liquid gold: The price of cooking oil

The Food Chain

CHAPTER

Vegetable Oil Prices Drop in July

Ns data on food prices showed vegetable oil prices dropping in july, and they went to the lowest they've been for ten months. Is that good news? Are we ar we reaching the end of this? Not exactly. A price reduction does not mean that things become cheap. They are not as expensive as they were just a copl of mortago. As the price of these various vegetable oils goes up, will more farmers not just start growing the crops that produce them? Will we fixd supply that way?

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