Agricultural markets react to weather and global trends

Global agricultural commodity prices saw changes between October 16 and 19, 2026, shaped by weather patterns, international competition, and market trends. Favorable weather improved the harvest, but challenges like El Nino and drought in Indonesia affected palm oil production and seed supplies.

Soybean prices fall on Chicago Board of Trade

Soybean prices on the Chicago Board of Trade dropped for the sixth straight session on October 19, 2026. The most active January 2027 contract closed at 1,268.75 cts$/boiss., down 7 cts$/boiss., while other contracts also fell in value.

Rapeseed prices decline in Europe

European rapeseed prices also fell, with the most traded November 2026 contract on Euronext closing at 493.25 €/t, down 8.50 €/t. The Fob Moselle rapeseed, a key reference for French markets, dropped to 548.50 €/t.

US soybean harvest progresses

The U.S. Department of Agriculture reported that 64 percent of the soybean harvest was completed by October 18, slightly below the five-year average. Wet soils were noted, and export inspections rose compared to the previous week.

Soybean meal and oil prices drop in the U.S.

U.S. soybean meal and soy oil prices declined on October 19. In Europe, the UK’s AHDB will release an assessment of supply and demand for cereals and oilseeds on October 22, 2026. Canadian canola prices also fell, with the November contract in Winnipeg below 800 Canadian dollars per ton.

Palm oil and soy oil prices show mixed trends

Palm oil prices in Kuala Lumpur stayed steady, while prices in Dalian rose slightly. Soy oil prices in Chicago showed no clear trend, and oleic sunflower prices delivered to Saint-Nazaire remained unchanged.

French markets show stable prices

In France, sunflower prices for deliveries to Bordeaux and Saint-Nazaire remained at 610.00 €/t on October 19. Rapeseed prices in Rouen dropped to 540.50 €/t, and soybean meal prices for Brazilian deliveries increased. The exchange rate showed 1 US dollar equivalent to 0.8909 euro.