# Sunflower prices move higher amid short supply

> Sunflower seed prices rose $1.65 to $2.05 per cwt after harvest, which is unusually strong for this time of year. Oil World forecasts global sunflower production down 5.45 million tonnes to 50.4 million, a three-year low, due to drought in the Black Sea region and lower Argentine acreage.

- Date: 2021-01-04 · published 2021-01-04T12:00:00.000Z
- Category: weather · region Global · magnitude medium
- Page: https://feedsoft.ai/events/49277-sunflower-prices-move-higher-amid-short-supply
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Tighter sunflower seed supply lifts the cost of sunflower meal and oil, and buyers may need to replace seed-based protein with other meals. The tight balance is likely to keep prices firm.

## Read by commodity

- SUNMEAL: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/crops/sunflower-prices-move-higher-amid-short-supply

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