# Jyske Markets: Proteinmarkedet i nye stigninger på kinesisk | Maskinbladet

> Jyske Markets reports Black Sea wheat rising to about $235/ton FOB amid dry conditions in southern Russia and Southeast Europe. China bought 132,000 tonnes of US soybeans in a day, and USDA announced sales of 110,231 tonnes of soybean meal to an unknown destination.

- Date: 2020-09-21 · published 2020-09-21T12:00:00.000Z
- Category: weather · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/51440-jyske-markets-proteinmarkedet-i-nye-stigninger-pa-kinesisk-maskinbladet
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Dry weather risks to Black Sea wheat plantings and continued Chinese soybean buying support wheat and soybean complex prices, while soybean meal sales add export demand.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2021-06-29 | [Protein premiums push higher: Grain market daily \| AHDB](https://feedsoft.ai/events/46637-protein-premiums-push-higher-grain-market-daily-ahdb.md) | -1.2% | -4.3% |
| WHEAT | 2020-10-05 | [Grain Markets Start the Week Higher - ProAg](https://feedsoft.ai/events/11633-grain-markets-start-the-week-higher-proag.md) | +1.8% | +3.4% |
| WHEAT | 2020-06-05 | [French soft wheat crop rating stable at nine-year low - Markets - Business Recorder](https://feedsoft.ai/events/52549-french-soft-wheat-crop-rating-stable-at-nine-year-low-markets-business-recorder.md) | -0.7% | +0.6% |
| WHEAT | 2017-05-02 | [Massive US storm impacts wheat markets \| Farm Online \| ACT](https://feedsoft.ai/events/6138-massive-us-storm-impacts-wheat-markets-farm-online-act.md) | -2.3% | -1.4% |
| WHEAT | 2021-01-04 | [La Nina to take hold of agri markets in 2021  - The HinduBusinessLine](https://feedsoft.ai/events/5000-la-nina-to-take-hold-of-agri-markets-in-2021-the-hindubusinessline.md) | +4.0% | +11.0% |
| SOY | 2020-10-05 | [Grain Markets Start the Week Higher - ProAg](https://feedsoft.ai/events/11633-grain-markets-start-the-week-higher-proag.md) | +4.4% | +3.5% |
| SOY | 2023-06-02 | [Palm ends 3% higher on stronger rivals, El Nino worries - Markets - Business Recorder](https://feedsoft.ai/events/7324-palm-ends-3-higher-on-stronger-rivals-el-nino-worries-markets-business-recorder.md) | +2.5% | +17.1% |
| SOY | 2024-10-21 | [Market Snapshot \| October 21, 2024 - Pro Farmer](https://feedsoft.ai/events/11151-market-snapshot-october-21-2024-pro-farmer.md) | +1.8% | +2.9% |

## Sources

- maskinbladet.dk: https://www.maskinbladet.dk/artikel/69464-jyske-markets-proteinmarkedet-i-nye-stigninger-paa-kinesisk-appetit

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