
Ukraine's state forecasters reported drought across central, southern and eastern regions, with 30-80 days without rain and June-August precipitation at 30-60% of normal in places. The dryness may hurt winter rapeseed sowing, which starts August 25, and Ukrainian analysts have cut sunflower harvest estimates.
Lower Ukrainian rapeseed and sunflower output would tighten supplies of oilseed meals and vegetable oils in export markets. That supports sunflower and canola meal prices relative to a balanced crop outlook.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.