# North American Grain and Oilseed Review: Old, new crops head in opposite directions 14.02.2022 - UkrAgroConsult

> ICE canola futures were mixed on Friday, with old-crop contracts falling and new-crop November gaining to C$848.30 per tonne. Soyoil spiked after US warnings of a possible Russian attack on Ukraine, and USDA reported a 108,000-tonne soybean sale to China for 2022/23.

- Date: 2022-02-14 · published 2022-02-14T12:00:00.000Z
- Category: geopolitics · region Ukraine · magnitude medium
- Page: https://feedsoft.ai/events/42685-north-american-grain-and-oilseed-review-old-new-crops-head-in-opposite
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A sharp soyoil rally and a new China soybean sale support vegetable oil and soybean prices, while geopolitical risk lifts crude oil and edible oil values.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- WTI: bullish ▲
- CANMEAL: neutral
- PALMOIL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-04-05 | [North American Grain/Oilseed Review: Canola climbs higher 05.04.2022 - UkrAgroConsult](https://feedsoft.ai/events/4037-north-american-grain-oilseed-review-canola-climbs-higher-05-04-2022.md) | -2.2% | +0.3% |
| SBO | 2022-07-07 | [Ukraine exported a record amount of sunflower, but will cut production in half in the new season 07.07.2022 - UkrAgroConsult](https://feedsoft.ai/events/40603-ukraine-exported-a-record-amount-of-sunflower-but-will-cut-production-in-half.md) | -1.5% | +0.6% |
| SBO | 2022-11-01 | [Vegetable oil futures surge as Russia-Ukraine grain deal comes to abrupt end 01.11.2022 - UkrAgroConsult](https://feedsoft.ai/events/8076-vegetable-oil-futures-surge-as-russia-ukraine-grain-deal-comes-to-abrupt-end-01.md) | +4.0% | +0.2% |
| SBO | 2022-03-22 | [Ukraine Sunflower Planting to Sink With Crop Hit Hardest by War 22.03.2022 - UkrAgroConsult](https://feedsoft.ai/events/42395-ukraine-sunflower-planting-to-sink-with-crop-hit-hardest-by-war-22-03-2022.md) | +0.1% | +271.7% |
| SBO | 2022-04-20 | [Grain market review: Oilseeds \| World Grain](https://feedsoft.ai/events/41951-grain-market-review-oilseeds-world-grain.md) | +1.3% | -1.8% |
| SOY | 2026-03-06 | [U.S. Grain/Oilseed Review: Fears of oil shortage drives up prices \| The Western Producer](https://feedsoft.ai/events/13805-u-s-grain-oilseed-review-fears-of-oil-shortage-drives-up-prices-the-western.md) | +4.2% | -0.0% |
| SOY | 2026-09-25 | [What’s Behind the Latest Surge in Grain and Oilseed Prices?](https://feedsoft.ai/events/11998-what-s-behind-the-latest-surge-in-grain-and-oilseed-prices.md) | -2.5% | -4.9% |
| SOY | 2022-04-15 | [Ukraine says grain on ships in blocked Black Sea ports may deteriorate \| Reuters](https://feedsoft.ai/events/14494-ukraine-says-grain-on-ships-in-blocked-black-sea-ports-may-deteriorate-reuters.md) | +2.0% | +2.4% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/north-american-grain-and-oilseed-review-old-new-crops-head-in-opposite-directions/

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