# News in brief

> Argentina's sunflower harvest is forecast at 3.5 million tons, below earlier expectations, because of excessive rain in Buenos Aires province. Malaysian palm oil stocks rose 0.2% in December to 1.67 million tons as production fell 6.4%. Several grain tenders and trade flows were also reported, including Japan's wheat purchase and Australia's lower grain export values.

- Date: 2017-01-11 · published 2017-01-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/73094-news-in-brief
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

A smaller Argentine sunflower crop tightens sunflower meal and oil supply, which is mildly supportive for those products. The Malaysian stock data is mixed and does not clearly move palm oil prices.

## Read by commodity

- SUNMEAL: bullish ▲

## Sources

- grainsprices.com: https://grainsprices.com/article/12003

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