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Turkish cooperative KARADENIZBIRLIK set the 2020-2021 sunflower pre-purchase price at 3.20 lira per kg, a 28% increase. The cooperative expects a low sunflower yield this year due to hot, dry conditions.
A higher Turkish purchase price and expected low yields signal tighter regional sunflower supply, supporting sunflower meal values in import markets.
Not 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.