Cocoa powder prices are up 23.7% year on year following a decrease in cocoa bean stocks at certified warehouses in London. Cocoa bean stocks in February stood at 145,090 tonnes compared with 149,800 tonnes in January.

Sunflower oil prices have risen month on month due to forecasts for lower sunflower seed production in Ukraine. Production there is expected to be affected by lower winter plantings and limitations to growing areas.

UK prices for oats continue to fall due to large supplies from 2014 and competitive prices for other grains. However, oat production in the UK is expected to fall in 2015, down 8% year on year to 660,000 tonnes due to reduced growing area and lower yields.

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