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Grain Central reports Australian sunflower plantings are rising as growers seek a summer crop, with seed companies reporting contracted seed for the coming season. Domestic crushing capacity is nearly nonexistent, so the crop mainly serves birdseed and niche food uses.
Limited Australian crushing means little effect on world meal or oil prices, though growing interest reflects higher vegetable oil prices after the Ukraine war.
graincentral.comLiz WellsJul 31, 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.
