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Analysts expect a comfortable global sunflower balance for the coming marketing year. Crop progress is positive, with no reported crop failures and larger Chinese and Argentine crops.
Ukrainian weather has been drier than normal but favourable for planted sunflowers.
Expected higher global sunflower supply should offset reductions in other seed oils and keep meal and oil prices stable. Weather stays the main risk.
tridge.comMarket Intelligence Analytics TeamJun 27, 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.
