# Oilseeds at the turn of the year 2021-22 market report

> Rapeseed prices above 750 euros per tonne in Paris reflect a major Canadian crop loss of about 50% from heat, with Canada's exports falling in step. Soy and palm oil prices are more than double earlier years, supported by crude oil and biofuel demand, while soybean meal has rebounded to about $400 per short ton on renewed Chinese demand.

- Date: 2021-12-31 · published 2021-12-31T12:00:00.000Z
- Category: weather · region Canada · magnitude medium
- Page: https://feedsoft.ai/events/43685-oilseeds-at-the-turn-of-the-year-2021-22-market-report
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tight global oilseed supply and high vegetable oil prices push up the cost of meal alternatives, while a shortfall in canola reduces available canola meal for feed. Prices are expected to ease in the second half of 2022 but stay above average.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- CANMEAL: bullish ▲
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-09-06 | [Genesus Global Market Report – China, August 2022
						 \| The Pig Site](https://feedsoft.ai/events/39576-genesus-global-market-report-china-august-2022-the-pig-site.md) | +5.7% | -6.5% |
| SBM | 2016-04-22 | [Farming News - Oilseed Market Report: Prices rise on weather concerns](https://feedsoft.ai/events/10300-farming-news-oilseed-market-report-prices-rise-on-weather-concerns.md) | +1.7% | +16.3% |
| SBM | 2024-01-29 | [Busy Week As Tensions Rise. The Corn & Ethanol Report 01/29/2024 - Market InsightsMarket Insights](https://feedsoft.ai/events/32235-busy-week-as-tensions-rise-the-corn-and-ethanol-report-01-29-2024-market.md) | +1.7% | -5.1% |
| SBM | 2017-01-13 | [Week 2: Overview of the world veg-oil market \| Greenea](https://feedsoft.ai/events/73069-week-2-overview-of-the-world-veg-oil-market-greenea.md) | +7.6% | +5.5% |
| SBM | 2022-07-28 | [SunSirs: Under the Support of Bullish, Soybean Meal Market Rebounded](https://feedsoft.ai/events/11490-sunsirs-under-the-support-of-bullish-soybean-meal-market-rebounded.md) | -0.9% | -3.5% |
| PALMOIL | 2024-09-03 | [Market Report SEPTEMBER 2024 – Lipsa](https://feedsoft.ai/events/6157-market-report-september-2024-lipsa.md) | +3.9% | +7.1% |
| PALMOIL | 2023-01-31 | [The end of the New Year holidays in China activated the market of vegetable oils](https://feedsoft.ai/events/37869-the-end-of-the-new-year-holidays-in-china-activated-the-market-of-vegetable-oils.md) | -1.0% | +1.3% |
| PALMOIL | 2018-10-10 | [El Niño set to return before end of the year: Kemp](https://feedsoft.ai/events/62471-el-nino-set-to-return-before-end-of-the-year-kemp.md) | +0.8% | -3.9% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/oilseeds/news/market-report-oilseeds-turn-year-2021-22-2021-12-31

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