# Sunflower Market Update - September 2024 - Seedea

> 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%.

- Date: 2024-09-26 · published 2024-09-26T12:00:00.000Z
- Category: weather · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/28428-sunflower-market-update-september-2024-seedea
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tight sunflower seed supply and poor oil content raise processing costs and support sunflower oil and meal prices, tightening protein supply for feed buyers.

## Read by commodity

- SBO: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2024-09-03 | [Market Report SEPTEMBER 2024 – Lipsa](https://feedsoft.ai/events/6157-market-report-september-2024-lipsa.md) | -2.7% | -0.9% |
| SBO | 2026-07-29 | [Market Update for Rapeseed & Canola 29th of July 2026](https://feedsoft.ai/events/18453-market-update-for-rapeseed-and-canola-29th-of-july-2026.md) | +2.3% | +3.0% |
| SBO | 2017-09-28 | [The deterioration of the yield supports the sunflower market](https://feedsoft.ai/events/69073-the-deterioration-of-the-yield-supports-the-sunflower-market.md) | -0.1% | +3.8% |
| SBO | 2023-09-18 | [September 18](https://feedsoft.ai/events/34204-september-18.md) | -0.8% | -8.8% |
| SBO | 2024-10-21 | [Market Snapshot \| October 21, 2024 - Pro Farmer](https://feedsoft.ai/events/11151-market-snapshot-october-21-2024-pro-farmer.md) | +5.1% | +13.4% |

## Sources

- seedea.pl: https://seedea.pl/sunflower-market-update-september-2024/

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