# Continued operation of the grain corridor will reduce prices on the world market for vegetable oils and meal

> Egypt's GASC bought 79,000 tonnes of soybean and sunflower oil at an international tender for April delivery, with sunflower oil priced at a steep discount to soybean oil. Analysts expect restored grain corridor operations to let Ukrainian traders supply sunflower oil and meal to Asia, altering world vegetable oil and meal prices.

- Date: 2023-02-27 · published 2023-02-27T12:00:00.000Z
- Category: logistics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/37433-continued-operation-of-the-grain-corridor-will-reduce-prices-on-the-world
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Expected corridor-driven supply of sunflower products is bearish for vegetable oil and meal prices, though the article also flags a Q3 sunflower oil shortage that could lift premiums.

## Read by commodity

- SBO: bearish ▼
- SUNMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2026-10-14 | [Delays in sunflower oil and meal exports increase pressure on sunseed prices in Ukraine](https://feedsoft.ai/events/17206-delays-in-sunflower-oil-and-meal-exports-increase-pressure-on-sunseed-prices-in.md) | +2.4% | — |
| SBO | 2019-07-29 | [Good timing, immediate impact: AGP opens soy processing plant in Aberdeen - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/58165-good-timing-immediate-impact-agp-opens-soy-processing-plant-in-aberdeen-agweek.md) | -1.0% | -0.5% |
| SBO | 2020-12-29 | [Palm tracks soyoil fall as Argentine labour talks could restore supply - Markets - Business Recorder](https://feedsoft.ai/events/49757-palm-tracks-soyoil-fall-as-argentine-labour-talks-could-restore-supply-markets.md) | +4.9% | +3.2% |
| SBO | 2020-12-30 | [Argentine soy crushers sign deal with oilseed workers, ending strike](https://feedsoft.ai/events/49491-argentine-soy-crushers-sign-deal-with-oilseed-workers-ending-strike.md) | +3.0% | +1.9% |
| SBO | 2020-12-30 | [Argentine soy workers reach deal on wage hike, ending strike \| Buenos Aires Times](https://feedsoft.ai/events/49496-argentine-soy-workers-reach-deal-on-wage-hike-ending-strike-buenos-aires-times.md) | +3.0% | +1.9% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/continued-operation-of-the-grain-corridor-will-reduce-prices-on-the-world-market-for-vegetable-oils-and-meal/

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