# Sunflower markets - High Plains Journal

> US nearby sunflower prices fell due to producer sales and early spring delivery, while new-crop prices dropped 30-40 cents as growers contracted for fall delivery. Planting is off to an average start, and USDA expects 83.5 million acres of soybeans in 2020, up 10%. Some analysts see acreage closer to 84.5-85 million as corn prices fall.

- Date: 2020-05-01 · published 2020-05-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53252-sunflower-markets-high-plains-journal
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expanded soybean acreage and plentiful global supply are bearish for oilseed and meal prices, with the coronavirus demand outlook adding uncertainty.

## Read by commodity

- SOY: bearish ▼
- CORN: bullish ▲
- SUNMEAL: bearish ▼

## Sources

- hpj.com: https://hpj.com/2020/05/01/sunflower-markets-31/

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