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Sunflower acreage in the US is up 8% from last year, and a generally good growing season should produce a larger crop than 2017. Analysts expect yields near the five-year average, and tight seed stocks may lead to premiums encouraging early desiccation and harvest.
Tight carryout could firm seed and crush prices later in the marketing year, while stronger 2018 supply relative to 2017 limits upside, supporting the sunflower meal outlook.
farmprogress.comJohn SandbakkenSep 4, 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.
