
European heatwaves have cut EU sunflower yield forecasts 6-7% versus June, leaving them about 2% below the five-year average, with France showing notable downgrades. Ukrainian export offers for seed, kernels and oil showed a mild firming bias in July.
Crude sunflower oil CPT Odesa eased from EUR 1.18/kg to about EUR 1.06/kg by July 20.
Heat-driven EU yield cuts tighten European sunflower supply and support seed and meal prices, though the sharp drop in Ukrainian crude oil values signals some crusher margin pressure.
Not enough comparable past events yet for a historical read.
After 18 past neutral weather events, Soybean Oil moved a median +2.6% over 5 sessions (72% higher; middle half -0.4% to +3.5%), and +3.6% 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.