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Sunflower acreage in the US is expected to rise in 2020 as crushers offer attractive new-crop prices and Act of God contracts. Nearby prices rose through winter on tight seed stocks despite weakness in wheat, corn and soybeans.
Expanded sunflower acreage of 20 to 25% could add meal supply later in the year, moderately bearish for sunflower meal prices.
farmprogress.comJohn SandbakkenApr 3, 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.
