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A September sunflower market update reports heat and drought have cut yields across key European and Ukrainian producers. Ukraine's Grain Association lowered its 2024 sunflower forecast to 12.8 million tonnes, and black seed oil content averages 36-38% versus the usual 44%.
Tight sunflower seed supply and poor oil content raise processing costs and support sunflower oil and meal prices, tightening protein supply for feed buyers.
seedea.plPiotr GóralSep 26, 2024Not enough comparable past events yet for a historical read.
After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), 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.
