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Ukrainian processors are holding sunflower seed purchase prices at 11,300-11,500 UAH/t after a hryvnia rally, below soybean and rapeseed prices. Oil World cut its 2017/18 world sunflower crop forecast to 48.52 million tons, with Ukraine reduced to 13.2 million tons.
A smaller Ukrainian and Russian crop and weaker vegetable oil prices tighten sunflower supply but pressure seed prices, which supports sunflower meal demand.
graintrade.com.uaFeb 21, 2018Not enough comparable past events yet for a historical read.
After 29 past bearish weather events, Palm Oil moved a median -0.3% over 5 sessions (38% higher; middle half -2.2% to +0.6%), and -1.4% over 20.
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.
