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The National Sunflower Association says world vegetable oil supplies are expected to tighten in 2016-17 as consumption outstrips production, with stocks drawn down four straight years. Sunflower seed prices are primarily based on oil values, so firmer vegetable oil markets would benefit sunflower.
The article also notes a seed licensing deal between WinField United and Syngenta and an Advanta research partnership.
Tighter global vegetable oil stocks support oil-driven prices for sunflower seed and sunflower meal, pointing to firmer oilseed complex values.
farmprogress.comNov 22, 2016Not enough comparable past events yet for a historical read.
Not 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.
