# Sunflower market still contemplating planting intentions

> The sunflower market is weighing USDA's March 31 Prospective Plantings report, which showed fewer sunflower acres than trade expectations. Analysts note the report has not yet led to a clear price trend, and attention is shifting to the upcoming acreage and crop outlook.

- Date: 2023-04-15 · published 2023-04-15T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/36522-sunflower-market-still-contemplating-planting-intentions
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Lower projected US sunflower acreage could tighten domestic seed supply and support sunflower meal and oil values if it holds through planting.

## Read by commodity

- SBO: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-09-15 | [USDA cut its estimate for sunflower production in Ukraine — Latifundist.com](https://feedsoft.ai/events/51221-usda-cut-its-estimate-for-sunflower-production-in-ukraine-latifundist-com.md) | -0.0% | -3.3% |
| SBO | 2025-02-27 | [Sunflower production estimate lowered](https://feedsoft.ai/events/26196-sunflower-production-estimate-lowered.md) | -5.2% | -4.3% |
| SBO | 2023-02-10 | [The global balance of sunflower continues to deteriorate](https://feedsoft.ai/events/37437-the-global-balance-of-sunflower-continues-to-deteriorate.md) | +3.0% | -0.4% |
| SBO | 2021-03-10 | [Ukraine's sunflower oil production estimated 20% lower: USDA — Latifundist.com](https://feedsoft.ai/events/48237-ukraine-s-sunflower-oil-production-estimated-20-lower-usda-latifundist-com.md) | +2.3% | +2.8% |
| SBO | 2017-09-19 | [In 2017 – 2018 global sunflower production will decrease by 1 million tonnes](https://feedsoft.ai/events/69077-in-2017-2018-global-sunflower-production-will-decrease-by-1-million-tonnes.md) | -1.2% | -1.8% |

## Sources

- agupdate.com: https://agupdate.com/farmandranchguide/markets/crop/article_bd8f78ae-d940-11ed-bb14-9f74a665f1ed.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.