# The price of sunflower seeds and oil have updated the records and the lack of proposals

> 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.

- Date: 2021-03-11 · published 2021-03-11T12:00:00.000Z
- Category: report · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/48236-the-price-of-sunflower-seeds-and-oil-have-updated-the-records-and-the-lack-of
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tighter sunflower supply lifts sunflower meal and oil values, supporting alternative protein feed costs and firming the vegetable oil complex.

## Read by commodity

- SBO: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2021-02-10 | [USDA experts have increased the forecast of world production of sunflower oil](https://feedsoft.ai/events/48754-usda-experts-have-increased-the-forecast-of-world-production-of-sunflower-oil.md) | +1.4% | +17.4% |
| SBO | 2025-01-14 | [Sunflower prices remain high - Trademagazin](https://feedsoft.ai/events/26635-sunflower-prices-remain-high-trademagazin.md) | +1.4% | +3.0% |
| SBO | 2021-03-10 | [Ukraine's sunflower oil production estimated 20% lower: USDA — Latifundist.com](https://feedsoft.ai/events/48237-ukraine-s-sunflower-oil-production-estimated-20-lower-usda-latifundist-com.md) | +2.3% | +2.8% |
| SBO | 2022-11-22 | [W46: Weekly Sunflower Update](https://feedsoft.ai/events/38795-w46-weekly-sunflower-update.md) | +2.4% | -9.1% |
| SBO | 2023-01-13 | [US soybean crop and oil prices rise after cuts in the 2022/23 MY crop estimate](https://feedsoft.ai/events/37865-us-soybean-crop-and-oil-prices-rise-after-cuts-in-the-2022-23-my-crop-estimate.md) | -1.6% | -9.4% |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/tcini-na-sonyashnik-ta-sonyashnikovu-oliyu-onovili-rekordi-na-tli-defitcitu-propozitcij.html

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