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Ukrainian sunflower seed prices have risen from 13-14 thousand UAH/t to 25-26 thousand UAH/t over the past year, according to the Ukroliyaprom association. Farmers are holding back sales expecting further gains.
Some crushers are switching to soybean processing, and soybean oil and meal exports rose 42.5% and 13.4% in September-November.
Crushers substituting soybeans for sunflower seed increases soybean oil and meal demand, while high seed prices squeeze processing margins.
ukragroconsult.comDec 20, 2024Not enough comparable past events yet for a historical read.
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.
