Loading…
USDA's March 1 GAIN report says Turkey's 2019-20 oilseeds output will stay flat at about 3 million tonnes despite government incentives. Turkey remains import dependent for cooking oil and feed meal, and its feed sector is growing, with 2018 feed output at 24 million tonnes.
Persistent import dependence for sunflowerseed, sunflower meal and oil supports steady Turkish demand for Black Sea sunflower products, which is mildly supportive for sunmeal and sunflower oil prices.
world-grain.comArvin DonleyMar 4, 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.
