# Soybean and rapeseed prices are rising despite an improvement in the global oilseed balance

> USDA's August report raised global oilseed production for 2026/27 by 1.05 million tonnes to a record 721 million tonnes. Soybean output was lifted to a record 442.25 million tonnes, and rapeseed was raised to about 99 million tonnes. Chicago soybeans and Paris rapeseed still rose after the report, supported by higher crude oil and Black Sea export restrictions.

- Date: 2026-08-13 · published 2026-08-13T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/18021-soybean-and-rapeseed-prices-are-rising-despite-an-improvement-in-the-global
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A record oilseed crop would normally cap prices, but firmer crude and export disruptions are keeping soybean and rapeseed prices higher, which affects meal costs for feed buyers.

## Read by commodity

- SOY: bullish ▲
- CANMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-01-14 | [US soybean production drops, global oilseed crush rises in 2024/25 \| Feed & Grain](https://feedsoft.ai/events/26590-us-soybean-production-drops-global-oilseed-crush-rises-in-2024-25-feed-and-grain.md) | +2.5% | +0.2% |
| SOY | 2023-01-13 | [US soybean crop and oil prices rise after cuts in the 2022/23 MY crop estimate](https://feedsoft.ai/events/37865-us-soybean-crop-and-oil-prices-rise-after-cuts-in-the-2022-23-my-crop-estimate.md) | -1.5% | +0.8% |
| SOY | 2020-01-20 | [Soybean: Prices on the rise in the new season \| CLAL News](https://feedsoft.ai/events/55116-soybean-prices-on-the-rise-in-the-new-season-clal-news.md) | -3.5% | -4.0% |
| SOY | 2025-11-17 | [USDA lowers global oilseed production forecast, including soybeans, but quotes are falling](https://feedsoft.ai/events/22064-usda-lowers-global-oilseed-production-forecast-including-soybeans-but-quotes.md) | +1.1% | -3.7% |
| SOY | 2024-11-11 | [Global soybean market faces challenges amid oilseed production decline \| Feed & Grain](https://feedsoft.ai/events/27430-global-soybean-market-faces-challenges-amid-oilseed-production-decline-feed-and.md) | -1.8% | -2.6% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/soybean-and-rapeseed-prices-are-rising-despite-an-improvement-in-the-global-oilseed-balance/

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