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Sunflowers in the Dakotas held up through drought and gained yield from August rain, but output is unlikely to match record 2015 and 2016 levels. US oil-type sunflower planted area fell 24% to 1.08 million acres.
Crushers and birdseed plants are expected to compete for seed, which may lift premiums.
Lower acreage and yields tighten US sunflower seed supply for 2017/18. Crushers may need to pay higher premiums, which supports sunflower meal values.
farmprogress.comSep 5, 2017Not 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.
