# Rape oil prices to pull rapeseed prices even lower? Grain market daily | AHDB

> UK feed wheat May-23 futures closed below £200/t for the first time since February 2022, while Paris rapeseed fell €12.75/t to €441/t. Chicago soybean futures hit their lowest close since December 2022 as the Brazilian harvest progressed.

- Date: 2023-03-22 · published 2023-03-22T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/36950-rape-oil-prices-to-pull-rapeseed-prices-even-lower-grain-market-daily-ahdb
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Weaker vegetable oil prices and Brazilian soybean supply pressure rapeseed and soy complex values, pointing to lower oilseed meal and feed input costs for buyers.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- WHEAT: bearish ▼
- CANMEAL: bearish ▼

## Sources

- mainsitelive.azurewebsites.net: https://mainsitelive.azurewebsites.net/news/rape-oil-prices-to-pull-rapeseed-prices-even-lower-grain-market-daily

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