Loading…
Ukrainian sunflower purchase prices are rising as more ships leave Black Sea ports and domestic 2021 harvest supply shrinks. Processors are prioritizing oil sales because meal and cake are hard to export, and sunflower seed prices delivered to Romania recovered to $590-610/t.
Ukraine exported 90,200 tons of sunflower oil in August 1-8, up 9% from July, while seed exports fell 50%.
Reopened Black Sea shipping lifts sunflower complex prices and expected meal exports could make Ukrainian meal more competitive. Firmer sunflower meal and oil prices support substitute protein demand for feed buyers.
ukragroconsult.comAug 10, 2022Not enough comparable past events yet for a historical read.
After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), 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.
