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Ukrainian sunseed purchase prices remain low as offers are limited and processor demand is weak. Harvest is 88% complete with forecasts of 13-14 million tons, in line with USDA estimates.
Processors plan no price increases because meal prices are weak due to limited EU demand.
Ample Ukrainian sunseed supply and weak EU meal demand keep sunflower meal and crush margins under pressure, pointing to softer sunflower meal prices.
ukragroconsult.comOct 31, 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.
