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Ukraine exported 441k tons of sunflower oil in February 2017, slightly below January but up year on year, at an average price of USD 758/t. Soybean exports rose to 334.8k tons, well above January and the prior year, while meal exports reached 490.8k tons.
Heavy Ukrainian soybean and sunoil exports add supply to global vegoil and meal markets, pressuring competing soy and sunflower meal prices and feed protein costs.
shareuapotential.comMar 13, 2017After 152 past bearish trade events, Soybean Oil moved a median -0.2% over 5 sessions (47% higher; middle half -2.1% to +2.1%), and -0.1% over 20.
After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% over 20.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% 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.
