# Oilseed rape net margins fluctuate over past five years: Grain market daily | AHDB

> Wheat fell on Russian rain forecasts and speculative selling, with Nov-24 UK feed wheat down to £216.60/t. The EU Commission kept 2024/25 wheat output at a four-year low of 120 Mt, cut EU rapeseed output to 19.1 Mt, and will impose high tariffs on Russian and Belarusian grain and oilseed meals from 1 July.

- Date: 2024-05-31 · published 2024-05-31T12:00:00.000Z
- Category: trade · region EU · magnitude medium
- Page: https://feedsoft.ai/events/30363-oilseed-rape-net-margins-fluctuate-over-past-five-years-grain-market-daily-ahdb
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Tariffs on Russian rapeseed and sunflower meal will shift EU meal sourcing and support prices for alternative protein, while the lower EU rapeseed crop tightens supply.

## Read by commodity

- WHEAT: bearish ▼
- CANMEAL: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-01-05 | [This weeks market movers: Grain market daily \| AHDB](https://feedsoft.ai/events/12191-this-weeks-market-movers-grain-market-daily-ahdb.md) | -2.7% | -3.0% |
| WHEAT | 2025-03-06 | [What’s driving global wheat markets? Grain market daily \| AHDB](https://feedsoft.ai/events/12566-what-s-driving-global-wheat-markets-grain-market-daily-ahdb.md) | -0.0% | +2.9% |
| WHEAT | 2025-11-07 | [Lower Chinese buying pushes grain prices down: Grain market daily \| AHDB](https://feedsoft.ai/events/8213-lower-chinese-buying-pushes-grain-prices-down-grain-market-daily-ahdb.md) | -3.4% | -1.0% |
| WHEAT | 2019-10-23 | [Why aren't UK wheat futures following US trends? Grain Market Daily \| AHDB](https://feedsoft.ai/events/56604-why-aren-t-uk-wheat-futures-following-us-trends-grain-market-daily-ahdb.md) | -0.4% | +5.9% |
| WHEAT | 2016-10-23 | [Daily market wire 24 Oct 2016 - Grain Central](https://feedsoft.ai/events/10543-daily-market-wire-24-oct-2016-grain-central.md) | -2.0% | -0.5% |

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/oilseed-rape-net-margins-fluctuate-over-past-five-years-grain-market-daily

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