# Global sunflower production forecast drops

> The USDA cut its 2023/24 global sunflower seed production forecast by 0.5 million tonnes to 55.08 million tonnes, on lower output in the EU, Russia and Argentina. Global ending stocks are forecast to fall 23% to 3.1 million tonnes.

- Date: 2024-02-22 · published 2024-02-22T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/31795-global-sunflower-production-forecast-drops
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Lower seed supply and tighter ending stocks reduce sunflower meal and oil availability, supporting prices for these protein and oil sources in feed markets.

## Read by commodity

- SUNMEAL: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/crops/global-sunflower-production-forecast-drops

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