# Sunflower prices have received support from the soybean market

> Delayed US soybean harvest, at 38% completed on October 14 versus 53% five-year average, lifted Chicago soybean and soyoil prices to about $325/t and $655/t following the October USDA report. Ukrainian sunflower oil demand grew and some processors raised seed purchase prices by 50-100 UAH/t.

- Date: 2018-10-17 · published 2018-10-17T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62661-sunflower-prices-have-received-support-from-the-soybean-market
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Stronger soybean and soyoil values support oilseed complex prices, though the article notes dry weather forecasts could pressure quotes ahead.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲
- PALMOIL: bullish ▲

## Sources

- graintrade.com.ua: https://graintrade.com.ua/en/novosti/tcini-na-sonyashnik--otrimali-pidtrimku-vid-rinku-soi.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.