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Russia planted a record 9.64 million hectares of sunflowers, but adverse weather cut yields, leaving Russian sunflower prices at $515/mt in the Volga region, 25% above a year earlier. The Black Sea region is still expected to produce a record 40 million mt of sunflower seed.
Strong crush demand and firm local prices keep sunflower meal supported despite record regional volumes, which matters for protein sourcing costs.
tridge.comTheo VenterSep 29, 2021Not 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.
