# Sunflower price direction will be set in the near term - High Plains Journal

> The US and Mexico reached a preliminary NAFTA pact, with Canada given until the end of the week to resolve differences. USDA's first estimate put 2018/19 US sunflower production down 4% at 2.08 billion pounds, mostly from non-oil types.

- Date: 2018-09-07 · published 2018-09-07T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/63147-sunflower-price-direction-will-be-set-in-the-near-term-high-plains-journal
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

A NAFTA deal would preserve duty-free access for sunflower oil, meal and seed in Canada and Mexico, supporting export demand, while the lower US crop estimate is a modest supportive factor for sunflower prices.

## Read by commodity

- SUNMEAL: neutral

## Sources

- hpj.com: https://hpj.com/2018/09/07/sunflower-price-direction-will-be-set-in-the-near-term/

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