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Ukrainian processors raised sunflower seed purchase prices to UAH 16,700-17,000/t, the highest since March 2023, as they pay premiums for large batches. Black Sea sunflower oil export prices were $780-790/t and sunflower meal demand rose to $195-205/t.
Processor competition for seed lifts the cost base for sunflower meal, supporting feed prices, while the expected processing margin squeeze may limit how far oil and meal can rise.
commodity-board.comElizabeth GilbertMay 10, 2024Not enough comparable past events yet for a historical read.
Not 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.
