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Ukrainian sunflower oil exports reached a record 5.84 million tonnes in MY2016/17, well above the prior season's 4.5 million. Analysts estimate Ukraine's 2016 sunflower seed crop was 1.2-1.4 million tonnes above official figures, and soybean exports reached 514k tonnes from April to August.
Strong sunoil export demand and a larger-than-reported crop support sunflower oil and meal prices, though the record exports also draw down stocks.
shareuapotential.comAug 9, 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.
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.
