# Market update - June — Bartholomews

> UK grain merchant Bartholomews reports soymeal prices have eased after an early rally, with rapeseed meal following soy lower. It notes a drier Midwest forecast and expectations of a bearish USDA report, and says US farmers may switch from corn to soybeans.

- Date: 2019-06-13 · published 2019-06-13T12:00:00.000Z
- Category: market · region UK · magnitude low
- Page: https://feedsoft.ai/events/58657-market-update-june-bartholomews
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expected softer soymeal and rapeseed meal prices, along with possible acreage shifts toward soybeans, could lower protein feed costs in Europe and the UK.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- CANMEAL: bearish ▼

## Sources

- bartholomews.co.uk: https://www.bartholomews.co.uk/monday-market-briefings/market-update-june

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