# Prices for oilseed products rise - Biofuels International Magazine

> German oilseed meal prices climbed significantly from August to September 2020. Rapeseed meal rose €22 to €238 per tonne and soybean meal rose €38, reaching its highest level in five months. Demand was steady and supply on nearby positions was limited, and Chicago soybean futures rose 10% in September on Chinese demand.

- Date: 2020-10-05 · published 2020-10-05T12:00:00.000Z
- Category: market · region Germany · magnitude low
- Page: https://feedsoft.ai/events/12138-prices-for-oilseed-products-rise-biofuels-international-magazine
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Limited European rapeseed meal supply and firm Chicago soybean prices lift European feed protein costs. Buyers in Europe should expect continued firmness in meal prices.

## Read by commodity

- SBM: bullish ▲
- CANMEAL: bullish ▲

## Sources

- biofuels-news.com: https://biofuels-news.com/news/prices-for-oilseed-products-rise/

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