# Soyabean seen driving global oilseed, edible oils production higher next season  - The HinduBusinessLine

> Indian cottonseed cake prices fell Rs 100-125 per quintal at Akola and Kadi in the week before May 3 as weak cotton and lower buying interest pressured the market. Stockists sold at discounts because oil cake cannot be stored long.

- Date: 2021-05-13 · published 2021-05-13T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/47202-soyabean-seen-driving-global-oilseed-edible-oils-production-higher-next-season
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Weaker domestic cake prices signal softer Indian cottonseed meal demand for cattle feed, though the price pressure later reversed in the following week.

## Read by commodity

- CSM: bearish ▼

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/commodities/soyabean-seen-driving-global-oilseed-edible-oils-production-higher-next-season/article34549282.ece

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