# Ölsaaten News, 23/Jan/2026 commodity market assessment

> Soybeans were volatile but slightly firmer last week on strong US processing and export data and Chinese purchases. Canola gained from the Canada-China tariff compromise but lacked new bookings, and rapeseed firmed on palm oil strength before a late correction.

- Date: 2026-01-23 · published 2026-01-23T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/9486-olsaaten-news-23-jan-2026-commodity-market-assessment
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Soy complex direction is mixed, with Brazil potentially dominating Chinese supply, while canola's gains depend on new bookings. Soybean meal's moderate gains support feed meal pricing.

## Read by commodity

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

## Sources

- zmp.de: https://www.zmp.de/en/futures/oilseeds/news/market-assessment-olsaaten-news-23jan2026-olsaaten-2026-01-23

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