# Vegetable oil market roundup: Grain market daily | AHDB

> UK feed wheat and Paris rapeseed futures firmed on bargain buying and optimism after earlier pressure from rain prospects in Argentina and the US. Vegetable oil prices have drifted lower since November 2022, with soybean oil's premium narrowing as crude weakened and rapeseed, sunflower and palm supplies were offered competitively.

- Date: 2023-01-25 · published 2023-01-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/37862-vegetable-oil-market-roundup-grain-market-daily-ahdb
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Routine market commentary showing softer vegetable oil prices with soybean oil's premium easing; the complex is tracking crude and ample supplies of competing oils.

## Read by commodity

- SBO: bearish ▼
- WTI: neutral
- WHEAT: neutral
- PALMOIL: bearish ▼

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/vegetable-oil-market-roundup-grain-market-daily

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