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The EU imposed a 95 EUR/MT duty on oilseed meal imports from Russia and Belarus effective 1 July 2024. These two countries supply about 70% of EU rapeseed meal imports, and the EU imports roughly 22 MMT of oilseed meals annually.
The duty could tighten EU supply of rapeseed and sunflower meal, shifting import flows toward Ukraine and other origins and supporting meal prices in Europe.
millingandgrain.comChristopher JoseAug 27, 2024After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% 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.
