Loading…
Novorossiysk exported 512,573 tonnes of grain in the week of September 11-17, mostly wheat. Egypt's GASC plans to buy 30,000 tonnes of soybean oil and 10,000 tonnes of sunflower oil for November shipment, and AHDB estimates record UK wheat protein with lower grain weight.
Egyptian vegetable oil tenders add modest demand support for soybean and sunflower oil, while strong Russian wheat exports keep Black Sea supply ample. The UK protein data is a small quality signal.
grainsprices.comGate.BGSep 19, 2017After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), and -0.5% over 20.
After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% 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.
