Ukrainian exporters have started declaring preliminary offer prices for 2018 new-crop sunflower meal at about $240/t FOB, with bids for October-December delivery mostly no higher than $220/t FOB. Last year's starting export prices were lower, at $185-200/t offers and $175/t bids, and were declared only in late July.
Higher new-crop sunflower meal offers versus last year point to firmer protein feed costs in the coming season, supporting alternatives like soybean meal and rapeseed meal.
Not enough comparable past events yet for a historical read.
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.