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APK-Inform forecasts Ukraine's 2018/19 vegetable oil and meal output to rise, with sunflower meal/cake at 5.7 million tonnes (up 9%), soybean meal at 1.1 million tonnes and rapeseed meal at 190 thousand tonnes. Soybean processing is expected to grow 20% after tax changes made domestic crushing more attractive.
Larger Ukrainian meal output adds export supply of sunflower and soy meal, which is bearish for protein meal prices in import markets.
apk-inform.comOct 18, 2018Not enough comparable past events yet for a historical read.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
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.
