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Fastmarkets analyst Tore Alden says U.S. soybean oil exports will decline as domestic biofuel feedstock demand grows, and Argentina may fill the gap. The war in Ukraine is also disrupting sunflower oil logistics and shifting trade toward Brazilian soybean oil.
Reduced U.S. exports and shifting trade routes tighten global soybean oil availability for importers, supporting vegetable oil prices while buyers reroute supply.
fastmarkets.comZafir ZafirovSep 30, 2022After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), and -0.5% over 20.
After 67 past neutral trade events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.1% to +1.3%), 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.
