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Old crop sunflower seed stocks are tightening, and bird food bids rose $1-2 per hundredweight to $26.50-30.00 in South Dakota. Nearby NuSun and high oleic crush prices were unchanged, and US sunflower oil exports to Canada rose 21% year on year.
Tighter old crop stocks and firm crush-plant demand point to higher sunflower seed and meal prices into the new harvest, while strong oil exports support the crush margin.
hpj.comHPJ StaffJul 31, 2020Not enough comparable past events yet for a historical read.
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.
