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Ukrainian soybean and rapeseed processors are struggling to restore crushing volumes because demand for meal and pulp has dropped after the Russian invasion. Rapeseed port purchase prices rose as exports through Black Sea ports resumed.
Non-GMO soybean prices at factories also rose by UAH 500/t over the week.
Weak domestic meal demand limits crush margins and local oilseed bids, while export-led pricing sets the floor. Resumed Black Sea exports support prices but the processing slowdown weighs on meal supply.
ukragroconsult.comSep 20, 2022After 206 past bullish logistics events, Soybeans moved a median +0.5% over 5 sessions (56% higher; middle half -1.3% to +2.6%), and +1.4% over 20.
After 34 past bearish logistics events, Soybean Meal moved a median +0.4% over 5 sessions (53% higher; middle half -1.8% to +2.6%), and -1.2% over 20.
Not 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.
