# What will drive the rapeseed price for harvest 2023? Grain market daily | AHDB

> UK feed wheat and Paris rapeseed futures firmed in late September, with rapeseed following soybeans higher on slower US harvest progress. Chicago soybeans rose 2.6% in the week to September 16 after a downward revision to global production in the USDA report. The commentary also notes the rapeseed premium over soybeans narrowing.

- Date: 2022-09-21 · published 2022-09-21T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/39688-what-will-drive-the-rapeseed-price-for-harvest-2023-grain-market-daily-ahdb
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A slower US soybean harvest and tighter global ending stocks support oilseed prices, which flows through to European rapeseed. The narrowing rapeseed premium reflects Canadian harvest pressure offsetting the supply tightness.

## Read by commodity

- SOY: bullish ▲
- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/what-will-drive-the-rapeseed-price-for-harvest-2023-grain-market-daily

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