# Sunflower markets see upward movement again - High Plains Journal

> New crop oil sunflower prices rose 15 to 35 cents per hundredweight in a week, with some locations up 50 cents over two weeks. Crush plants quoted $17.30 to $18.35 for NuSun. Traders are concerned that US tariffs on steel and aluminum could provoke Chinese retaliation against US soybeans.

- Date: 2018-03-08 · published 2018-03-08T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/66101-sunflower-markets-see-upward-movement-again-high-plains-journal
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Fear of Chinese retaliation against US soybean exports is the main risk to oilseed prices, and it could spread to other crops if it occurs.

## Read by commodity

- SOY: bearish ▼
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-07-12 | [Sunflower markets continue downward trend - High Plains Journal](https://feedsoft.ai/events/64149-sunflower-markets-continue-downward-trend-high-plains-journal.md) | +1.5% | +7.7% |
| SOY | 2018-08-29 | [Old and new sunflower crop prices remain unchanged - High Plains Journal](https://feedsoft.ai/events/63644-old-and-new-sunflower-crop-prices-remain-unchanged-high-plains-journal.md) | +0.6% | +3.6% |
| SOY | 2023-12-01 | [Cargill experts give overview of grain markets     - High Plains Journal](https://feedsoft.ai/events/32916-cargill-experts-give-overview-of-grain-markets-high-plains-journal.md) | -2.3% | -3.7% |
| SOY | 2018-09-24 | [Corn, sorghum, soybean cash bids lower - High Plains Journal](https://feedsoft.ai/events/63093-corn-sorghum-soybean-cash-bids-lower-high-plains-journal.md) | -0.2% | +1.1% |
| SOY | 2018-10-05 | [Soy Crop Held Back; No Dramatic Effects On Barge Movements - The Waterways Journal](https://feedsoft.ai/events/62420-soy-crop-held-back-no-dramatic-effects-on-barge-movements-the-waterways-journal.md) | -0.1% | +1.1% |

## Sources

- hpj.com: https://hpj.com/2018/03/08/sunflower-markets-see-upward-movement-again/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.