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Heavy rain and hailstorms in Bulgaria have disrupted growers, and sowing stands at 596,021 ha, down 20.5% year on year. Striped sunflower area has fallen 47.2%, and USDA expects EU production to drop 6% to 9.1 million tonnes in 2018/19.
A smaller EU sunflower crop reduces supply for meal and oil, supporting prices and new-crop values.
mundus-agri.euMay 17, 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.
