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USDA's Global Agricultural Information Network report projects Turkish sunflowerseed imports in 2018-19 at 690,000 tonnes, up 19%. Sunflowerseed meal consumption is forecast to slow to 7% growth amid an economic downturn, and a tariff cut on seed from 27% to 13% supports local crushing.
Higher Turkish seed imports and crushing increase sunflower meal supply in the region, a mildly bearish factor for protein meal prices.
world-grain.comArvin DonleyOct 3, 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.
