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USDA's first 2022 sunflower production estimate is 2.91 billion pounds, up 53% from 2021, with planted area of 1.69 million acres. The October yield forecast is 1,782 pounds per acre, which would be the second highest on record.
A larger U.S. sunflower crop adds domestic supply for crushing and meal, which is mildly bearish for sunflower meal prices, though the crop is still small relative to global oilseed meal markets.
farmprogress.comJohn SandbakkenOct 25, 2022Not 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.
