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MarketsFarm reports that Western Canada's 2018 sunflower crop was hurt by a late, wet fall, producing 57,300 tonnes in Manitoba. Growers are expected to hold acreage steady in 2019, and the Spitz plant shutdown disrupted inventories.
US acreage may rise on tighter stocks.
Tight carryover inventories and steady acreage are mildly supportive for sunflower meal and seed prices in North America.
grainews.caGFM Network NewsMar 6, 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.
