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A late, difficult US sunflower harvest has left crushers short of seed, lifting nearby prices by $1.50 to $1.60 per cwt. Bird food prices have also risen slightly while East Coast demand has been soft.
Limited US seed supply supports sunflower meal and oil values, with firmer palm and soyoil prices adding upward pressure.
farmprogress.comJohn SandbakkenJan 7, 2020Not enough comparable past events yet for a historical read.
After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), and -0.5% over 20.
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.
