# Grain market review: Oilseeds | World Grain

> The IGC said average international soybean values fell about 3% in its October 17 report, with broad declines across origins. Rapeseed prices were firmer, supported by Canadian crop worries and short covering.

- Date: 2024-10-21 · published 2024-10-21T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/11145-grain-market-review-oilseeds-world-grain
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Improved crop prospects and the USDA's larger global harvest outlook point to softer soybean and meal values, while firm rapeseed supports canola meal and oilseed complex prices.

## Read by commodity

- SOY: bearish ▼
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2016-11-29 | [Week 45: Overview of the world veg-oil market \| Greenea](https://feedsoft.ai/events/10930-week-45-overview-of-the-world-veg-oil-market-greenea.md) | -1.2% | -3.9% |
| SOY | 2024-02-26 | [Grain and Oilseeds Spiral Lower](https://feedsoft.ai/events/8025-grain-and-oilseeds-spiral-lower.md) | +0.9% | +5.3% |
| SOY | 2020-03-26 | [Morning Market Review for March 26, 2020 - HighLine Grain Growers, Inc](https://feedsoft.ai/events/11212-morning-market-review-for-march-26-2020-highline-grain-growers-inc.md) | -2.1% | -4.8% |
| SOY | 2021-02-19 | [North American Grain and Oilseed Review: Canola rises independently](https://feedsoft.ai/events/48743-north-american-grain-and-oilseed-review-canola-rises-independently.md) | +2.3% | +1.3% |
| SOY | 2026-06-25 | [IGC revises 2026-27 global grain output higher \| World Grain](https://feedsoft.ai/events/18899-igc-revises-2026-27-global-grain-output-higher-world-grain.md) | -0.1% | +8.7% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/20609-grain-market-review-oilseeds

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.