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Bulgarian sunflower seed prices eased after rains, with bakery kernels offered at 645 EUR/mt DDP Germany versus 650 previously. Acreage fell 12% after last season's 20% price drop, and FAS expects above-average yields of 2.4 mt/ha.
Above-average expected yields and lower acreage point to balanced seed supply, so limited upward price pressure for sunflower meal feedstock from Eastern Europe.
mundus-agri.euJul 9, 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.
