What happens if you eat rancid?

Online Answer
Eating rancid food won't make you sick, but the new molecules that form as oxidation occurs may lead to digestive issues. Rancid foods are also less nutritious because oxidation destroys the good fats and some of the vitamin content..
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24 monthsIf you don't cook often, it may also be a good idea to purchase smaller bottles, especially if you're opting for a fancier olive oil. Olive oil goes rancid after 18–24 months, or 12–18 months if it's extra virgin olive oil.
As long as it's in a closed container, you can then put it in your trash receptacle and throw it away with your regular kitchen waste. If you started with liquid cooking oil, however, such as peanut oil or safflower oil, don't expect it to thicken too much when it cools..
The aroma will be pleasant no more, and your nose will most likely be able to detect dusty, ashtray-like scent. If you've already brewed it, leave it for about an hour and then taste it. If it is super sour with intense bitter notes, it is most likely rancid.
Because nuts contain a high percentage of oil, they can become rancid more quickly in warm weather. You can store them at room temperature for up to a month. But after that, place nuts in an airtight container in the refrigerator for up to six months or in the freezer for up to a year.
The Winner: Coconut Oil When it comes to high heat cooking, coconut oil is your best choice. Over 90% of the fatty acids in it are saturated, which makes it very resistant to heat. This oil is semi-solid at room temperature and it can last for months and years without going rancid.