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Bulgarian sunflower meal exports for the September 2023 to April 2024 season are down 25% year on year, at over 0.38 Mt. China took about 0.33 Mt, and Algeria appeared as a new buyer; processors are struggling to source sunflowers at competitive prices.
Tighter sunseed availability in the EU limits meal export supply, which can support sunflower meal prices and substitute demand for soybean meal.
tridge.comVictor LangatApr 29, 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.
