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Russia's Ministry of Agriculture set a change in sunflower meal export duties for March 2024, effective 1 March and revoked 31 March. The measure is classed as liberalising, with no harmful interventions recorded.
Lower export duties make Russian sunflower meal more competitive on world markets, adding export supply and pressuring global meal prices. The effect is temporary through March.
globaltradealert.orgFeb 22, 2024Not 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.
