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The US black oil sunflower market is quiet, with bird food demand slowing and crush bids at plants falling for both old and new crop. Spring wet weather has delayed planting, and March stocks data showed sunflower stocks down 33% from a year earlier.
Softer crush bids and slower bird food demand point to weaker sunflower meal and seed values, while planting delays could support prices if wet weather continues.
highcountrymercantile.comJason ScottMay 7, 2019Not 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.
