Kazakhstan is expanding exports of rapeseed and sunflower meal to the EU and has partly replaced Russia as a soybean meal supplier there. The EU has moved to raise customs duties on Russian and Belarusian meals and feed.
Kazakhstan aims to lift oilseed product exports to 1 billion dollars a year.
Shifting EU meal sourcing away from Russia adds supply from Kazakhstan and tilts competition toward oilseed meals, which could cap sunflower and rapeseed meal prices in Europe.
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.