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Ukrainian soybean prices are falling as sunflower meal prices dropped sharply and pressured soybean meal domestically and at the western border. Processors are running at minimum capacity because of rail queues and a shortage of trucks at EU borders.
Logistics bottlenecks trapping meal in Ukraine push down regional soymeal and sunflower meal prices, while global soybean prices remain high on the weak Argentine harvest.
graintrade.com.uaMay 4, 2022After 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.
After 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.
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.
