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New crop oil sunflower prices at crush plants rose 5 to 10 cents per hundredweight in a week, to $17.45 to $18.45 for NuSun. Oil premiums on content above 40% could lift a contract with 45% oil to about $20.51.
Soybean oil and palm oil prices have been weak, while a small 2017 US sunflower crop supports seed values.
A small US crop and firm demand support sunflower seed prices, while weak vegetable oil values limit upside for crush margins.
hpj.comHPJ StaffMar 21, 2018Not enough comparable past events yet for a historical read.
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.
