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The USDA August WASDE projects the 2023-24 sunflower harvest in Ukraine, Russia and Moldova at 33.3 million tonnes, up 7.6%. Bulgaria and Romania are expected to rise about 14% to 4.8 million tonnes.
Ukrainian estimates differ widely between official and market sources.
A larger Black Sea sunflower crop increases meal and oil supply, which would weigh on sunflower meal prices.
fastmarkets.comAnna PlatonovaAug 17, 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.
