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Moldova has overtaken Ukraine as the top supplier of sunflower seeds to the EU for 2023/24, with 120,000 tonnes against Ukraine's 36,000 tonnes. Total EU sunflower seed imports from July 1 to November 26 fell 85% year on year, and Bulgaria has lifted its import ban on Ukrainian seed.
Lower EU import demand and the shift in supplier mix tighten the seed trade, with limited net effect on meal prices. The Bulgarian ban lift could slightly ease supply in the Black Sea region.
tridge.comNur HameedDec 14, 2023Not 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.
