# Ukraine: S&D of oilseeds, vegoils and meals (August 2024)

> UkrAgroConsult's August supply and demand review shows Ukraine's 2023/24 sunflower seed exports were down on exports restrictions and licensing, while soybean exports reached a record. For 2024/25, heat and drought cut sunflower seed output by about 13% and rapeseed by 21%, while soybeans rose 6% on acreage shifts.

- Date: 2024-08-07 · published 2024-08-07T12:00:00.000Z
- Category: weather · region Ukraine · magnitude medium
- Page: https://feedsoft.ai/events/28923-ukraine-s-and-d-of-oilseeds-vegoils-and-meals-august-2024
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Smaller sunflower and rapeseed crops in Ukraine tighten the meal and oil supply outlook, supporting sunmeal and rapeseed meal prices.

## Read by commodity

- SBM: neutral
- CANMEAL: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2024-07-31 | [The status of the Midwest and U.S. soybean crop heading into August — AgVenture WSC](https://feedsoft.ai/events/13169-the-status-of-the-midwest-and-u-s-soybean-crop-heading-into-august-agventure-wsc.md) | -1.0% | -8.2% |
| SBM | 2021-11-24 | [2021/22 Brazil Soybeans 81% Planted vs. 77% Average 24.11.2021 - UkrAgroConsult](https://feedsoft.ai/events/13768-2021-22-brazil-soybeans-81-planted-vs-77-average-24-11-2021-ukragroconsult.md) | -1.9% | +9.3% |
| SBM | 2018-05-17 | [Market Perspectives - May 17, 2018 - Page 7 of 11 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/8711-market-perspectives-may-17-2018-page-7-of-11-u-s-grains-and-bioproducts-council.md) | +1.1% | -8.9% |
| SBM | 2017-07-13 | [Market Perspectives July 13, 2017 - Page 6 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/69957-market-perspectives-july-13-2017-page-6-of-10-u-s-grains-and-bioproducts-council.md) | -2.3% | -8.3% |
| SBM | 2021-11-18 | [2021/22 Brazil Soybeans 78% Planted vs. 67% Average 18.11.2021 - UkrAgroConsult](https://feedsoft.ai/events/13764-2021-22-brazil-soybeans-78-planted-vs-67-average-18-11-2021-ukragroconsult.md) | -4.3% | -0.7% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/ukraine-sd-of-oilseeds-vegoils-and-meals-august-2024/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.