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Sunflower crush-plant prices remain above normal as a late harvest leaves oilseed crushers short of seed, with nearby prices up another 10 to 20 cents per hundredweight. The article also notes the USMCA deal secures duty-free access for US sunflower oil, meal and kernels to Canada and Mexico, pending Congressional approval.
Tight US seed supply supports sunflower product prices, while USMCA progress protects export demand for sunflower oil and meal.
tyreeag.comDec 31, 2019Not enough comparable past events yet for a historical read.
After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), 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.
