# No rapeseed methyl ester means significantly less

> German biodiesel policy changes could mean biodiesel is no longer counted as a greenhouse gas reduction contribution. If rapeseed oil demand for biodiesel shrinks as a result, rapeseed cultivation and the meal byproduct supply would decline.

- Date: 2020-12-29 · published 2020-12-29T12:00:00.000Z
- Category: policy · region Europe · magnitude low
- Page: https://feedsoft.ai/events/49748-no-rapeseed-methyl-ester-means-significantly-less
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower biodiesel-driven crush demand would reduce rapeseed meal output, a protein feed supply, tightening meal availability and supporting meal prices over time.

## Read by commodity

- SBM: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2024-05-28 | [Rapeseed meal heads above £300/t as soy rules loom - Farmers Weekly](https://feedsoft.ai/events/30358-rapeseed-meal-heads-above-300-t-as-soy-rules-loom-farmers-weekly.md) | -6.4% | -6.2% |
| SBM | 2021-07-29 | [Soybean meal needs reduced import tax](https://feedsoft.ai/events/46151-soybean-meal-needs-reduced-import-tax.md) | -0.7% | -1.2% |
| SBM | 2023-02-25 | [Soybean crush margins plummet in wake of EPA ruling \| The Western Producer](https://feedsoft.ai/events/15330-soybean-crush-margins-plummet-in-wake-of-epa-ruling-the-western-producer.md) | -0.4% | -9.6% |
| SBM | 2018-12-05 | [Building Demand for ND Soybeans \| Red River Farm Network](https://feedsoft.ai/events/61459-building-demand-for-nd-soybeans-red-river-farm-network.md) | -0.6% | +0.8% |
| SBM | 2018-01-01 | [Indonesian Fisheries and Aquaculture Forum Pushes for Farm Certification, Less Fishmeal Use in Aquaculture - U.S. Soybean Export Council](https://feedsoft.ai/events/67070-indonesian-fisheries-and-aquaculture-forum-pushes-for-farm-certification-less.md) | +1.6% | +8.9% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/oilseeds/news/press-review-no-rapeseed-methyl-ester-means-significantly-less-rapeseed-meal

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