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Sunflower seed and oil prices in Ukraine are falling alongside weaker vegetable oil markets, with Malaysian palm oil futures down 0.9% and Chicago soybean oil down to about $634.5/t. Ukrainian sunflower oil bids were around $690/t FOB, and the 2019 Ukrainian sunflower seed harvest is forecast at 15 million tons.
Chinese soybean buying briefly lifted soybean prices before a holiday reduced demand.
Ample supply and weaker demand for vegetable oils push down sunflower and soy oil values, which weighs on feed-related meal and oil prices. The decline reflects a broad seasonal oilseed trend.
graintrade.com.uaSep 30, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
