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US sunflower prices were mixed, with old-crop NuSun and high oleic down 25 cents to unchanged and new crop down up to $1.10. Initial trend-yield estimates put US oil-type production at 1.9 billion pounds, down 24%, while non-oil output is up 10%.
USDA's first official estimate comes in October.
A sharply smaller US oil-type sunflower crop tightens oilseed supply, though the market awaits USDA's October figures before setting firm price direction.
hpj.comHPJ StaffAug 30, 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.
