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Sunflower oil prices in Ukrainian ports fell 7% and meal prices 24% through February, according to Agricensus. Processing margins in some Ukrainian regions have reached minimum levels, putting plants at risk of shutdowns.
Lower prices at major export markets drove the decline.
Falling sunflower meal values and squeezed crush margins signal pressure on Black Sea meal supply and pricing, with possible output cuts ahead.
interfax.comMar 1, 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.
