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Delayed US soybean harvest, at 38% completed on October 14 versus 53% five-year average, lifted Chicago soybean and soyoil prices to about $325/t and $655/t following the October USDA report. Ukrainian sunflower oil demand grew and some processors raised seed purchase prices by 50-100 UAH/t.
Stronger soybean and soyoil values support oilseed complex prices, though the article notes dry weather forecasts could pressure quotes ahead.
graintrade.com.uaOct 17, 2018Not enough comparable past events yet for a historical read.
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.
