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A Nuseed overview says the 2018 European sunflower harvest was bumper, with EU yields about 18% above the five-year average. Romania, Bulgaria and Moldova also posted strong yields, with better genetics cited alongside weather.
Large Eastern European sunflower supplies weigh on seed and meal prices, which is bearish for sunflower meal in feed markets.
nuseed.comMar 9, 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.
