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Sunflower seed and oil prices hit records after the March USDA report cut world sunflower production to 49.97 million tonnes and Ukraine's crop to 14 million tonnes. Ukrainian purchase prices rose 7.8% to 24900-25500 UAH/t, the highest in 10 years.
Tighter sunflower supply lifts sunflower meal and oil values, supporting alternative protein feed costs and firming the vegetable oil complex.
graintrade.com.uaMar 11, 2021Not enough comparable past events yet for a historical read.
After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), 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.
