# Low harvest supports sunseed prices in Hungary

> Hungary's 2024 sunflower harvest is estimated at 1.7 million tonnes, 4.9% below the five-year average, after summer damage and autumn waterlogging. Average sunflower prices in Hungary are 40-43% higher than a year earlier.

- Date: 2024-11-22 · published 2024-11-22T12:00:00.000Z
- Category: weather · region Hungary · magnitude low
- Page: https://feedsoft.ai/events/27529-low-harvest-supports-sunseed-prices-in-hungary
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A tighter Hungarian crop supports regional sunseed and meal prices, adding to the tightness in Central European oilseed supply.

## Read by commodity

- SBO: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-09-06 | [Rising sunflower oil and meal prices support sunseed prices in Ukraine](https://feedsoft.ai/events/28427-rising-sunflower-oil-and-meal-prices-support-sunseed-prices-in-ukraine.md) | -2.7% | +1.0% |
| SBO | 2024-09-09 | [Rising sunflower oil and meal prices support sunseed prices in Ukraine](https://feedsoft.ai/events/28425-rising-sunflower-oil-and-meal-prices-support-sunseed-prices-in-ukraine.md) | -1.3% | +2.0% |
| SBO | 2020-01-07 | [Late, difficult harvest boosts sunflower prices](https://feedsoft.ai/events/55197-late-difficult-harvest-boosts-sunflower-prices.md) | -1.8% | -10.3% |
| SBO | 2020-08-31 | [Low yield supports the price of rapeseed and sunflower](https://feedsoft.ai/events/51719-low-yield-supports-the-price-of-rapeseed-and-sunflower.md) | -0.9% | -0.3% |
| SBO | 2021-08-31 | [Rapeseed and canola prices supported by lower crop forecasts in Canada](https://feedsoft.ai/events/45664-rapeseed-and-canola-prices-supported-by-lower-crop-forecasts-in-canada.md) | -1.2% | +0.0% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/low-harvest-supports-sunseed-prices-in-hungary/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.