# Grain Highlights 20.06.2021

> Ukrainian sunflower oil FOB prices for July-August delivery fell 100 USD/ton on 17 June 2021 to 1,140-1,170 USD/ton. Russia's weekly wheat export tax rose to 38.1 USD/ton and corn's to 50.2 USD/ton, while Chicago commodity funds were net sellers of corn, soybeans and wheat. Brazil's June soybean exports were forecast at 11.5 million tons.

- Date: 2021-06-20 · published 2021-06-20T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/12826-grain-highlights-20-06-2021
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Sunflower oil prices are falling on weak demand and port stocks of about 400,000 tons, which pressures sunflower meal and vegetable oil values. Higher Russian export duties tighten the Black Sea export price outlook for wheat and corn.

## Read by commodity

- SBO: bearish ▼
- SOY: neutral
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-09-11 | [US biodiesel duties could hit grain market \| The Land \| NSW](https://feedsoft.ai/events/68828-us-biodiesel-duties-could-hit-grain-market-the-land-nsw.md) | -0.1% | -5.4% |
| SBO | 2019-01-09 | [COFCO shutters soybean oil refining plant in Argentina \| 2019-01-09  \| World Grain](https://feedsoft.ai/events/61202-cofco-shutters-soybean-oil-refining-plant-in-argentina-2019-01-09-world-grain.md) | +0.2% | +9.7% |
| SBO | 2026-01-13 | [Argentina soybean exports forecast to rise \| World Grain](https://feedsoft.ai/events/13812-argentina-soybean-exports-forecast-to-rise-world-grain.md) | +2.9% | +8.9% |
| SBO | 2019-02-27 | [Grain, oilseed rally fizzles - Brownfield Ag News](https://feedsoft.ai/events/11850-grain-oilseed-rally-fizzles-brownfield-ag-news.md) | -1.2% | -4.8% |
| SBO | 2022-07-06 | [Ukraine: sunflower is expected to remain one of the most profitable crops 06.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40597-ukraine-sunflower-is-expected-to-remain-one-of-the-most-profitable-crops-06-07.md) | -0.8% | +0.5% |
| WHEAT | 2020-04-27 | [Russia to halt wheat exports \| 2020-04-27  \| World Grain](https://feedsoft.ai/events/53497-russia-to-halt-wheat-exports-2020-04-27-world-grain.md) | -0.5% | +0.4% |
| WHEAT | 2021-09-15 | [Daily Market Wire 16 September 2021 - Grain Central](https://feedsoft.ai/events/12294-daily-market-wire-16-september-2021-grain-central.md) | -3.8% | +4.6% |
| WHEAT | 2021-01-21 | [Strong barley prices will continue in 2021 - Grainews](https://feedsoft.ai/events/49218-strong-barley-prices-will-continue-in-2021-grainews.md) | +4.0% | +2.4% |

## Sources

- bursacereale.com: https://bursacereale.com/article/16278

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