Steep decline was seen on the forward cottonseeds oilcake market on Wednesday in process of trading, dealers said. The December vaida closed at Rs 953.90 but it opened with a fall of 50 paisa at Rs 953.40 in the morning session, they said. The January contract closed at Rs 1140.00, it also dropped by 40 paisa to 1100.00 at open, they said.