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The U.S. Soybean Export Council reports Greek poultry, aquaculture and feed sectors are seeking high-quality protein substitutes for expensive fishmeal. USSEC has run industry surveys and technical meetings promoting U.S. soy products in Greece.
High fishmeal prices are pushing Greek feed buyers toward soy-based proteins, supporting soybean meal demand at the margin.
ussec.orgApr 1, 2019Not enough comparable past events yet for a historical read.
After 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.
