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Russian sunflower seed prices were mixed across federal districts in August, with the Central and Southern districts rising while the Volga district fell for a fourth month. Analysts expect a record Russian harvest and possibly lower world oil prices to weigh on raw material costs.
A record expected Russian crop is bearish for sunflower seed and meal supplies, though the market is currently cautious. Lower world oil prices would also pressure sunflower values.
commodity-board.comMichaelSep 5, 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.
