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The EU Commission cut its 2017 sunflower seed harvest forecast to 8.7 million tonnes in July from over 9 million in June. Hot, dry weather in southern and eastern Europe reduced yields in Romania, Bulgaria and Spain, offsetting a slight French increase.
A smaller EU sunflower crop reduces meal supply and supports European sunflower prices, with feed buyers facing tighter oilseed meal availability.
biofuelsdigest.comAug 12, 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.
