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Ukrainian sunflower prices (50% oil) rose 200-300 UAH/t to 25,800-26,300 UAH/t in the week as producers held back sales. In its December report, USDA unexpectedly raised its 2024/25 world sunflower production forecast by 0.07 to 50.512 million tonnes, with Ukraine up 0.4 million tonnes and Russia up 0.3 million.
A higher USDA crop estimate adds supply pressure on sunflower values, though tight Ukrainian farm supplies are holding prices up in the near term.
graintrade.com.uaDec 12, 2024After 114 past neutral report events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), and +0.5% 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.
