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A Russian air strike damaged Astarta’s soybean-processing plant in Hlobyne, Ukraine, on November 8, forcing it to shut down. The outage disrupts Ukrainian crushing and may temporarily reduce nearby supplies of soybean meal and oil; the extent of the damage is still being assessed.
Reduced crushing capacity can tighten regional meal and oil availability and shift export flows from processed products toward raw soybeans. That supply risk adds upward price pressure for Black Sea soybean products, although the scale and duration of the disruption remain uncertain.
commodity-board.comNov 10, 2026After 34 past bullish geopolitics events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -2.2% to +3.5%), and +1.2% over 20.
After 110 past bullish geopolitics events, Soybean Oil moved a median +1.8% over 5 sessions (65% higher; middle half -0.7% to +3.6%), and -0.4% over 20.
After 72 past bullish geopolitics events, Soybeans moved a median +0.4% over 5 sessions (60% higher; middle half -1.0% to +2.5%), and -1.0% 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.
