# Some bullish news for sunflowers

> The latest USDA report forecasts global sunflower seed production up 1% to 46.6 million tonnes in 2017-18, with world stocks falling 10% to their lowest level in 15 years. Sunflower oil trade is forecast to rise on strong demand from India, the EU, North Africa and the Middle East.

- Date: 2017-07-06 · published 2017-07-06T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/70094-some-bullish-news-for-sunflowers
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

Tightening global seed and oil stocks support sunflower meal and oil prices, though US stocks are comfortable and weather could still change the outlook.

## Read by commodity

- SUNMEAL: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/crops/some-bullish-news-for-sunflowers

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