# Sunflower Market Update - May 2024 - Seedea

> Ukrainian sunflower seed prices have risen since March 2024 as demand for sunflower oil rebounded from importers. Crushers are seeking raw material while seed stocks from the 2023 crop are being depleted, and Ukrainian sunflower oil exports are nearing record levels.

- Date: 2024-05-09 · published 2024-05-09T12:00:00.000Z
- Category: market · region Ukraine · magnitude low
- Page: https://feedsoft.ai/events/30378-sunflower-market-update-may-2024-seedea
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Strong oil demand and tight seed stocks support sunflower meal and oil prices, which can substitute for other protein feeds when priced competitively.

## Read by commodity

- SBO: bullish ▲
- SUNMEAL: bullish ▲

## Sources

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

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