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Export prices for Ukrainian and Russian sunflower oil rose $20/t last week to $760-770/t FOB Black Sea, the highest since January 2017. Ukraine's seed purchase prices also rose, and USDA projects record sunflower harvests in Russia and Ukraine.
Higher vegetable oil prices and expected large harvests create conflicting signals, with record crops likely to weigh on prices later in the season.
graintrade.com.uaAug 29, 2017Not 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.
