The Federal Reserve raised interest rates sharply, causing the market to worry about the economic recession, leading to a sharp drop in commodity prices, making it difficult for agricultural products to be immune. Since mid-June, Zhengzhou rapeseed meal futures have continued to fall, out of the recent rare decline. Looking forward to the market outlook, rapeseed production in major producing countries is expected to recover this year. Domestic soybean meal supply is relatively abundant and demand is sluggish. It is difficult for rapeseed meal futures to reverse the decline.