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The National Sunflower Association says confectionery and oil sunflowers are projected to be top earners in 2017, with processors still offering contracts. Crush plants pay premiums on oil content above 40%, and trade fears over a proposed 20% tax on Mexican imports are keeping oilseed prices defensive.
Trade-war fears weigh on oilseed and meal prices, while crush premiums support sunflower demand for processors.
news.agropages.comMar 10, 2017Not enough comparable past events yet for a historical read.
After 384 past bearish trade events, Soybean Meal moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and -0.5% 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.
