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Nearby sunflower prices at crush plants fell 25 to 70 cents this week due to large seed deliveries during harvest. About 30% of the US crop was in the bin, slightly ahead of the five-year average.
Crush plants pay premiums on oil content above 40%.
Heavy harvest deliveries pressure nearby crush prices, and the seasonal pattern points to softer sunflower values and meal supply during harvest.
hpj.comHPJ StaffOct 24, 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.
