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Bulgaria's Ministry of Agriculture estimated sunflower seed output at about 1.87 million mt from 734,500 ha, below analysts' 2.00-2.44 million mt forecasts. Road transport is in short supply, trading in hulled kernels is restricted, and prices remain firm.
Smaller-than-expected Bulgarian output and transport bottlenecks support firm kernel and seed prices. The effect is regional and limited to sunflower products.
mundus-agri.euNov 23, 2018Not 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.
