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Russia is poised to overtake Ukraine as the leading sunflower oil exporter, according to Reuters reporting. Ukraine's sunflower seed exports have surged because of domestic processing limits, while its 2022 harvests fell sharply after the invasion.
A shift in sunflower oil export leadership to Russia changes where vegetable oil buyers source supply, with possible pressure on sunflower meal availability and pricing.
financialpost.comReutersFeb 2, 2023
reuters.comKaren BraunFeb 3, 2023Not 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.
