# Oilseeds: Canola and rapeseed prices are rising

> Soybean futures closed nearly unchanged on June 23, with August up 1.5 cents and soybean meal up $2.10 to $302.00 per short ton. ICE canola and Euronext rapeseed both rose, and USDA rated 66% of US soybeans good to excellent.

- Date: 2026-06-24 · published 2026-06-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/18912-oilseeds-canola-and-rapeseed-prices-are-rising
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Firm soymeal and canola gains support feed protein costs, while crop ratings and Trump's comments on Iranian funds buying US farm goods shape near-term soy demand expectations.

## Read by commodity

- SBM: bullish ▲
- SOY: neutral
- CANMEAL: bullish ▲

## Sources

- zmp.de: https://www.zmp.de/en/futures/oilseeds/news/newsticker-oilseeds-canola-and-rapeseed-prices-are-rising-soybean-prices

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