# Rapeseed maintains strong premium over soybeans: Grain market daily | AHDB

> Paris rapeseed futures for November closed at 511.50 euros per tonne, while UK feed wheat and Chicago wheat rose. US exporters are racing to ship soybeans ahead of the US election, which is stoking tariff worries, and rapeseed holds a strong premium over soybeans on lower harvest estimates.

- Date: 2024-10-23 · published 2024-10-23T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/27967-rapeseed-maintains-strong-premium-over-soybeans-grain-market-daily-ahdb
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tight rapeseed supply and a wide premium over soybeans support oilseed meal values, while the rush of US soybean exports adds near-term export pressure.

## Read by commodity

- SOY: bullish ▲
- CANMEAL: bullish ▲

## Sources

- mainsitelive.azurewebsites.net: https://mainsitelive.azurewebsites.net/news/rapeseed-maintains-strong-premium-over-soybeans-grain-market-daily

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