# Domestic Cotton Seed Cake Market Currently Subdued: Business Prospects still Optimistic

> A South African grain market review for May 2021 reports vegetable oil prices rising to their highest level since 2011 in March, driven by palm, soy, rapeseed and sunflower oils. It also notes US weather concerns and a dry outlook supporting soybean prices.

- Date: 2021-05-03 · published 2021-05-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/47203-domestic-cotton-seed-cake-market-currently-subdued-business-prospects-still
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Tight vegetable oil supplies and biofuel-linked demand keep oilseed and meal prices firm, while dryness in the US adds upside risk for soybeans.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- PALMOIL: bullish ▲

## Sources

- krishijagran.com: https://krishijagran.com/commodity-news/domestic-cotton-seed-cake-market-currently-subdued-business-prospects-still-optimistic/

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