Logistics and global dynamics in focus for EU vegetable oil market

After 85 past bullish logistics events, Soybean Oil moved a median +0.7% over 5 sessions (64% higher; middle half -1.3% to +2.7%), and +3.1% over 20.

• Dec 27, 2024Global Ag News for Dec 27.24 - ADM Investor Services-0.1%
• Feb 29, 2024Global supply shortfall, higher freight rates may raise edible oil prices+0.5%
• Apr 30, 2024Global Ag News for Apr 30.24 - ADM Investor Services+0.5%
• Jan 11, 2022Shallow Parana river pressures Argentinian FOB soybean meal, oil basis levels | S&P Global-0.7%
• Jun 22, 2022Sask. canola industry in for ‘drastic change’ as crop gets crushed-2.9%

After 15 past bullish logistics events, Palm Oil moved a median -0.1% over 5 sessions (47% higher; middle half -2.4% to +3.9%), and +0.5% over 20.

• Feb 29, 2024Global supply shortfall, higher freight rates may raise edible oil prices+4.9%
• Jun 24, 2020Malaysian palm oil producers step up perks to retain foreign workers amid pandemic-1.0%
• Oct 4, 2024Market Intel - Commodity Blenders-0.1%
• Sep 30, 2021Palm oil futures hit all-time high as China rushes to fill soy oil shortage | S&P Global+9.8%
• Sep 30, 2024Palm Oil News - The Decreasing Water Debit in Parana River, Argentina Made Soyoil and Biodiesel in Brazil More Expensive+9.1%

Not enough comparable past events yet for a historical read.