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EU countries imported 17.98 million tonnes of meal from the start of the season through June 4, down 1% year on year. Sunflower meal imports rose 16% to 2.99 million tonnes, while soybean meal imports fell 4%.
Higher sunflower meal imports show strong EU demand for alternatives to soybean meal, which may lift sunflower meal's share of the market. The drop in soybean meal imports signals some softness in that segment.
ukragroconsult.comJun 12, 2024Not enough comparable past events yet for a historical read.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.
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.
