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A National Sunflower Association commentary reviews the 2020 US sunflower crop, with USDA's first estimate at 2.81 billion pounds, up 44% from 2019. It argues that growing sunflower oil demand and premiums for high oil content make the crop attractive for 2021 acreage.
Expected US acreage growth in 2021 would add oilseed supply and could ease sunflower meal and oil prices in the US. The impact on feed markets is modest given the size of the crop.
farmprogress.comJohn SandbakkenDec 2, 2020Not 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.
