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Ukrainian sunflower processors exported 683,700 tons of sunflower oil in March, up 59.2% year on year. Ukrainian grain exports from Black Sea ports reached 1.58 million tons between April 4 and 14, with corn making up most of the volume.
APK-Inform forecasts Russian soybean oil output of 780,000 tons in the 2016-17 season.
Strong Ukrainian export pace adds supply to world markets and can cap corn and wheat prices. Brisk vegetable oil exports keep edible oil supply ample.
grainsprices.comGate.BGApr 19, 2017grainsprices.comGate.BGApr 20, 2017After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% 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.
