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Ukraine's sunflower harvest reached 10.2 million tonnes from 5.2 million ha by October 18, with yield at 1.95 t/ha, 11% below last year. Soybean yields are also lower, at 1.86 t/ha, 14.3% below last year.
Traders are raising soybean prices on reduced oilseed output.
Smaller Ukrainian oilseed crops reduce export availability and support regional meal and oil prices, though purchase prices for sunflower have been steady.
graintrade.com.uaOct 23, 2017Not enough comparable past events yet for a historical read.
After 1,079 past bullish weather events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% 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.
