# Following the Sunflower

> Nebraska farmers planted 37,000 acres of sunflowers, far behind North Dakota at 436,000 acres and South Dakota at 571,000 acres. The National Sunflower Association reports global sunflower oil trade is forecast at its second-highest level on record, and US sunflower oil exports are up 23% in the first seven months of the marketing year.

- Date: 2019-07-22 · published 2019-07-22T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/58216-following-the-sunflower
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Strong export growth in sunflower oil supports demand for US sunflower oil, while planting in the main states is in line with normal levels. Sunflower oil demand is a modest support for oilseed crush margins.

## Read by commodity

- SBO: bullish ▲
- SUNMEAL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2023-10-11 | [Lower sunflower seed prices in the EU and Ukraine](https://feedsoft.ai/events/33750-lower-sunflower-seed-prices-in-the-eu-and-ukraine.md) | +5.1% | -0.7% |
| SBO | 2021-01-27 | [The sharp rise in prices of soybean oil will support prices for sunflower oil and sunflower](https://feedsoft.ai/events/49249-the-sharp-rise-in-prices-of-soybean-oil-will-support-prices-for-sunflower-oil.md) | +3.8% | +13.1% |
| SBO | 2019-12-31 | [HPJ: Sunflower Prices Remain Strong - Blog - Tyree Ag](https://feedsoft.ai/events/55688-hpj-sunflower-prices-remain-strong-blog-tyree-ag.md) | -2.0% | -10.4% |
| SBO | 2021-04-14 | [High demand supports the purchase price of sunflower in Ukraine](https://feedsoft.ai/events/47712-high-demand-supports-the-purchase-price-of-sunflower-in-ukraine.md) | +7.6% | +18.8% |
| SBO | 2021-02-23 | [The purchase price of sunflower in Ukraine has again updated the record](https://feedsoft.ai/events/48760-the-purchase-price-of-sunflower-in-ukraine-has-again-updated-the-record.md) | +2.0% | +19.7% |

## Sources

- nefb.org: https://www.nefb.org/07/22/2019/following-the-sunflower/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.