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Ukrainian sunseed purchase prices rose about 25% over the month to a three-year high of UAH 21,000 per tonne delivered to the plant. The hryvnia hit a record low of 40.5 per dollar, and sunflower oil and meal export prices also climbed.
Higher sunseed costs and a weaker hryvnia raise the cost of crushing and support sunflower meal prices. Limited farmer supply at season end reinforces the upward pressure.
ukragroconsult.comJun 7, 2024Not enough comparable past events yet for a historical read.
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.
