# War in Ukraine impacts sunflower market

> Ukraine and Russia together supply about 80% of global sunflower meal and oil trade in a typical year. Suspended Ukrainian crushing and port operations, plus sanctions on Russia, are limiting supplies, and new-crop sunflower cash prices are well above last year.

- Date: 2022-03-29 · published 2022-03-29T12:00:00.000Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/42390-war-in-ukraine-impacts-sunflower-market
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lost Black Sea sunflower supply tightens vegetable oil and meal markets, lifting prices and encouraging buyers to shift to alternatives such as soybean oil and meal.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-02-28 | [Impact Of Russia-Ukraine War On Amino Acid Market-reachever.com](https://feedsoft.ai/events/43034-impact-of-russia-ukraine-war-on-amino-acid-market-reachever-com.md) | +4.7% | +0.5% |
| SBO | 2022-04-25 | [Ukraine, war, and global oils & fats markets – MPOC](https://feedsoft.ai/events/41952-ukraine-war-and-global-oils-and-fats-markets-mpoc.md) | +1.6% | -4.6% |
| SBO | 2022-04-14 | [Russian-Ukrainian Unrest Impacts Global Oilseed Market \| Crush](https://feedsoft.ai/events/41946-russian-ukrainian-unrest-impacts-global-oilseed-market-crush.md) | +2.7% | +3.3% |
| SBO | 2022-05-03 | [The impact of the Ukraine crisis on the global vegetable oil market \| IFPRI](https://feedsoft.ai/events/41484-the-impact-of-the-ukraine-crisis-on-the-global-vegetable-oil-market-ifpri.md) | +3.0% | -3.8% |
| SBO | 2022-03-01 | [The sunflower sector shaken by the Russian intervention in Ukraine – Archyde](https://feedsoft.ai/events/42391-the-sunflower-sector-shaken-by-the-russian-intervention-in-ukraine-archyde.md) | +2.9% | -3.2% |
| SBM | 2022-02-28 | [Impact Of Russia-Ukraine War On Amino Acid Market-reachever.com](https://feedsoft.ai/events/43034-impact-of-russia-ukraine-war-on-amino-acid-market-reachever-com.md) | +4.2% | +9.0% |
| SBM | 2022-04-05 | [The Russia-Ukraine War’s Impact on Global Fertilizer Markets - Rabobank](https://feedsoft.ai/events/41765-the-russia-ukraine-war-s-impact-on-global-fertilizer-markets-rabobank.md) | +0.5% | -4.7% |
| SBM | 2022-03-01 | [The sunflower sector shaken by the Russian intervention in Ukraine – Archyde](https://feedsoft.ai/events/42391-the-sunflower-sector-shaken-by-the-russian-intervention-in-ukraine-archyde.md) | +3.1% | +4.8% |

## Sources

- farmprogress.com: https://www.farmprogress.com/crops/war-in-ukraine-impacts-sunflower-market

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