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The November WASDE trimmed EU sunflower seed estimates slightly and cut Turkish production by more than 11%. USDA now puts 2024/25 global sunflower seed output at 50.444 million tonnes, about 10% below the prior year.
A roughly 10% fall in global sunseed output tightens vegetable oil and meal supplies, supporting sunflower oil and sunflower meal prices.
mundus-agri.euNov 13, 2024Not 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.
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.
