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US sunflower prices hit record highs in late April and have kept rising weekly as Black Sea supply is lacking and crushers pay more for seed. Initial estimates put 2022 US sunflower production at 2.4 billion pounds, up 22% on last year.
Record seed prices raise crush costs and support sunflower meal values, while the expected production rebound and higher crush would later add meal supply.
farmprogress.comJohn SandbakkenMay 24, 2022Not enough comparable past events yet for a historical read.
Not 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.
