
Russia exported 779,000 tonnes of soybean meal in January–September, up 54% year on year, according to Oleoscope. Export revenue rose 70% to $365 million, and the average export price increased from $426 to $468 per tonne.
Shipments reached 21 countries, three more than a year earlier, with Uzbekistan as the largest buyer after its imports rose from 105,000 to 245,000 tonnes.
Higher Russian meal exports and firmer export prices show growing competition for buyers in Central Asia and add supply to the meal market. Rising export prices point to firmer regional meal values for feed buyers.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.