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USDA data show the 2018 US sunflower yield averaged a record 1,731 pounds per acre, up 128 pounds from 2017. Total production was 2.12 billion pounds, down 1% from 2017, as planted area fell 7%.
A record yield offset lower acreage, so US sunflower supply was little changed, leaving limited price pressure on sunflower meal and oil.
farmprogress.comJohn SandbakkenMar 4, 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.
