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India's November oilmeal exports fell 51% to 162,000 tonnes, with soybean meal exports down to 42,383 tonnes. The SEA says India is priced out of soybean meal export against Brazil and Argentina and is unlikely to ship for two to three months.
India's absence from export markets leaves more share for Brazilian and Argentine soybean meal, supporting Latin American meal prices relative to India.
moneycontrol.comDec 17, 2021After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% 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.
