# Sunflowers reach record prices

> 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.

- Date: 2022-05-24 · published 2022-05-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41522-sunflowers-reach-record-prices
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Record seed prices raise crush costs and support sunflower meal values, while the expected production rebound and higher crush would later add meal supply.

## Read by commodity

- SBO: bullish ▲
- SUNMEAL: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/crops/sunflowers-reach-record-prices

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.