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China's customs authority allowed imports of soybean meal, rapeseed meal, sunflower meal and sugar beet pulp from Russia. Exporters must be inspected and approved by Russian authorities and registered with the Chinese regulator.
New access for Russian meals gives Chinese feed producers an alternative to US and Brazilian soymeal, which could ease demand for those origins while adding Black Sea supply.
reuters.comSep 5, 2019After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
