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Ukraine's agriculture ministry put the 2018 sunflower crop at 13 million tonnes as of October 26 with 96% harvested, below the 15 million tonne record forecast. Processors raised seed purchase prices to attract volumes, while export prices for November-December delivery rose by $3/t, though oil forward prices fell $10-15/t.
A smaller-than-expected crop and rising seed prices support sunflower meal values, though falling oil prices point to softer processing margins.
graintrade.com.uaOct 29, 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.
