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Continued rain in Ukraine has delayed sunflower harvesting, with only 10% of the area threshed by September 15. Purchase prices rose to UAH 15,500-16,500/t, and the sunflower harvest is forecast to fall to 9-10 million tons from 17.5 million last year.
A sharply reduced Ukrainian sunflower crop cuts meal and oil export availability and supports prices. Rot losses from excess rain could reduce supply further.
graintrade.com.uaSep 19, 2022Not enough comparable past events yet for a historical read.
After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), 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.
