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High European power prices are threatening oilseed processors, and power rationing could curb protein meal and vegetable oil output. The article questions whether the EU can import and store enough oilseeds if processing is cut.
Reduced EU crushing capacity would tighten meal and oil supplies and could lift prices or raise import demand. The impact depends on whether power rationing is imposed.
czapp.comWalter CroninSep 1, 2022After 44 past bullish macro events, Soybean Meal moved a median -0.6% over 5 sessions (34% higher; middle half -1.9% to +0.9%), and -2.9% over 20.
After 28 past bullish macro events, Soybean Oil moved a median -1.2% over 5 sessions (32% higher; middle half -2.1% to +1.8%), and -2.3% 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.
