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Old crop sunflower prices jumped in mid-March, with NuSun and high-oleic sunflower prices at North Dakota crush plants setting new market highs and gaining 40-60 cents, according to the National Sunflower Association. Oil premiums on higher-oil seed further lifted returns, with a $21 March price rising to about $23.10 with the premium included.
Strong crush-plant bids and oil premiums tighten sunflower seed availability for meal and oil, supporting sunflower meal and vegetable oil values even as broader grain and energy markets weaken.
agupdate.comMARK CONLON, Lee Agri-MediaMar 29, 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.
