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Sunflower crop prices were unchanged at crush plants in the last week of August. US-China trade talks produced no breakthrough as more tariffs took effect, and the US is holding hearings on a further $200 billion in tariffs.
The sunflower crop is developing 10 to 14 days ahead of the five-year average.
Trade escalation risk and an early harvest point to downward pressure on oilseed prices, though sunflower prices have been steady so far.
hpj.comHPJ StaffAug 29, 2018After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
Not 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.
