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Ukraine's Economy Ministry proposed a sunflowerseed export ban from 15 May through 30 September 2021, with a quota set at zero tonnes. Sunflowerseed prices rose more than 2.1x this marketing year, and exports for September-March rose 6.8x year on year.
A proposed export ban would remove a major source of seed supply from world markets, pushing sunflower meal and oil prices sharply higher.
latifundist.comApr 21, 2021Not enough comparable past events yet for a historical read.
After 842 past bullish policy events, Soybean Oil moved a median +0.2% over 5 sessions (52% higher; middle half -1.6% to +2.1%), and -0.5% over 20.
After 548 past bullish policy events, Palm Oil moved a median +0.4% over 5 sessions (61% higher; middle half -0.7% to +2.1%), and +0.9% 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.
