# Could the falling price of soyameal pressure rapeseed prices? Grain market daily | AHDB

> UK feed wheat and Paris rapeseed futures were little changed on January 30, 2024, with weakness in vegetable oils. Chicago soymeal futures have fallen about 15% since November 10, 2023, and spot soymeal prices have also declined.

- Date: 2024-01-31 · published 2024-01-31T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/32214-could-the-falling-price-of-soyameal-pressure-rapeseed-prices-grain-market-daily
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Expected large South American soybean supplies are pushing soymeal lower, which can weigh on rapeseed and other protein meal values that compete with it in feed rations.

## Read by commodity

- SBM: bearish ▼

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/could-the-falling-price-of-soyameal-pressure-rapeseed-prices-grain-market-daily

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