Loading…
A USDA-linked outlook projects 2022-23 global sunflower seed production at 50.7 million tonnes, down 12% as Ukrainian output falls about 43%. Global crush is estimated at 47.79 million tonnes, roughly flat year on year.
Lower Ukrainian supply tightens global sunflower oil and meal availability, supporting prices, though higher crush in the EU, Russia and the US limits the rise.
farmprogress.comJohn SandbakkenDec 21, 2022Not enough comparable past events yet for a historical read.
After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.
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.
