Loading…
Bulgaria's 2020 sunseed crop was the smallest since 2013/14 due to low yields, turning the country into a seed importer as crushers' demand grew. Acreage in 2021 is expected to expand, with favorable weather pointing to higher yields.
Bulgaria's need for imported seed signals regional tightness in sunflower raw material, supporting sunflower oil and meal prices until the larger 2021 crop arrives.
ukragroconsult.comSvetlana KupreevaApr 20, 2021Not enough comparable past events yet for a historical read.
After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), and -0.5% over 20.
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.
