Loading…
USDA projects global sunflower production for 2024/25 at 51.1 million tonnes, down 10%, led by lower output in the EU, Turkey, Ukraine and Russia. Global sunflower oil stocks are forecast to fall 18% to 2.42 million tonnes, the lowest in many years, and US production was cut to 1.15 billion pounds.
Tight global sunflower oil stocks and lower crush point to firmer sunflower oil and meal prices, supporting substitution demand for other vegetable oils and meals.
farmprogress.comJohn SandbakkenFeb 27, 2025Not enough comparable past events yet for a historical read.
After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.
After 149 past bullish report events, Palm Oil moved a median +0.5% over 5 sessions (57% higher; middle half -1.1% to +1.8%), and +0.8% 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.
