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Harvest of new-crop sunflowers has started in southern Ukraine after dry, hot weather. Forecast heat is expected to speed harvesting and raise supply, pushing prices seasonally toward 12,000-13,000 hryvnias/t at plant delivery.
Blocked Black Sea exports of sunflower oil and meal add pressure.
Heavier new-crop supply and weak processor demand point to lower sunflower seed and meal prices into autumn, which would ease sunflower meal costs for feed buyers.
graintrade.com.uaAug 23, 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.
