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Ukraine's sunflower meal exports reached a record 3.31 million tonnes in the first seven months of 2019/20, up 13% year on year. China nearly doubled its purchases, while shipments to the EU fell sharply.
Record Ukrainian supply and strong Chinese demand add competitive protein meal to feed markets, which can cap prices for soy and rapeseed meal alternatives.
latifundist.comApr 20, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 224 past neutral trade events, SBM moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% 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.
