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Ukrainian rapeseed purchase prices fell after Russian missile attacks on Black Sea and Danube ports led some ships to leave, then recovered to $365-370/t. Paris November rapeseed fell 1% and Winnipeg canola held near CAD 830/t as Canadian weather improved.
Port attacks disrupt Black Sea export logistics, but growing EU and Ukrainian rapeseed supply and easing Canadian weather pressure canola and meal prices.
graintrade.com.uaJul 27, 2023Not enough comparable past events yet for a historical read.
After 20 past neutral geopolitics events, Soybeans moved a median -0.6% over 5 sessions (45% higher; middle half -2.2% to +1.5%), and +0.9% 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.
