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US sunflower planted area fell sharply in 2021, with oil-type acres down 16% and confection acres down 43%. Severe drought in the Dakotas and Minnesota left a large share of the crop in poor condition.
Industry estimates put 2021 production about 25% below last year.
Smaller US sunflower supplies reduce crush availability and sunflower meal output, supporting meal prices and expectations of firmer demand into 2022.
farmprogress.comJohn SandbakkenAug 30, 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.
