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Texas planted about 40,000 acres of sunflowers in 2019, down from prior years, due to oversupply and a stronger U.S. dollar. Confectionary sunflower demand is weak after record Dakota yields, while sesame acreage rose to at least 50,000 acres.
Lower U.S. sunflower acreage and a strong dollar limit U.S. sunseed supply and export competitiveness, a modest factor for sunflower meal and feed oilseed markets.
texasfarmbureau.orgJulie TomascikAug 13, 2019Not 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.
