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North American sunflower prices have fallen from 2022 highs to about $19.50/cwt old crop and $21 new crop in North Dakota. Sunflower acres are expected to be flat or slightly lower in the US and Canada this year.
Demand remains strong.
Lower acreage and a return to normal prices limit North American sunflower supply. Price effects on meal are modest.
producer.comRobert ArnasonJun 22, 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.
