# Low yield supports the price of rapeseed and sunflower

> Drought in southern and central Ukraine has cut the sunflower harvest forecast to 14-14.5 million tonnes from an earlier 15.5-16.5 million. Sunflower oil rose $60-70 per tonne to $830-840 FOB, and US soybean oil futures climbed on a lower soybean crop outlook.

- Date: 2020-08-31 · published 2020-08-31T12:00:00.000Z
- Category: weather · region Black Sea · magnitude high
- Page: https://feedsoft.ai/events/51719-low-yield-supports-the-price-of-rapeseed-and-sunflower
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A materially smaller Ukrainian sunflower crop tightens global vegetable oil and sunflower meal supply, supporting prices across the oilseed complex.

## Read by commodity

- SBO: bullish ▲
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2017-09-28 | [The deterioration of the yield supports the sunflower market](https://feedsoft.ai/events/69073-the-deterioration-of-the-yield-supports-the-sunflower-market.md) | -0.1% | +3.8% |
| SBO | 2022-09-19 | [Sunflower prices in Ukraine are rising against the backdrop of a low harvest, long rains and rising rapeseed prices](https://feedsoft.ai/events/39703-sunflower-prices-in-ukraine-are-rising-against-the-backdrop-of-a-low-harvest.md) | -5.4% | -5.7% |
| SBO | 2021-08-31 | [Rapeseed and canola prices supported by lower crop forecasts in Canada](https://feedsoft.ai/events/45664-rapeseed-and-canola-prices-supported-by-lower-crop-forecasts-in-canada.md) | -1.2% | +0.0% |
| SBO | 2024-09-06 | [Rising sunflower oil and meal prices support sunseed prices in Ukraine](https://feedsoft.ai/events/28427-rising-sunflower-oil-and-meal-prices-support-sunseed-prices-in-ukraine.md) | -2.7% | +1.0% |
| SBO | 2024-09-09 | [Rising sunflower oil and meal prices support sunseed prices in Ukraine](https://feedsoft.ai/events/28425-rising-sunflower-oil-and-meal-prices-support-sunseed-prices-in-ukraine.md) | -1.3% | +2.0% |

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/nizka-vrozhajnist-pidtrimue-tcini-na-ripak-ta-sonyashnik.html

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