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Bulgaria's 2024-25 oilseed crop, including sunflower, rapeseed and soybeans, is estimated at 1.6 million tonnes, down from 2 million a year earlier, the lowest in over a decade. The USDA FAS attributes the drop to hot, dry summer conditions.
The country will need to import more oilseeds as the EU and other suppliers are also in deficit.
A smaller regional crop raises import demand for oilseeds and meal, supporting oilseed and meal values while squeezing crusher margins.
world-grain.comSusan ReidyDec 19, 2024After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), and -0.5% over 20.
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.
