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UFOP reports EU-28 sunflowerseed production for 2016 is forecast at 8.13 million tonnes, up 4.4% from 2015 despite a slight area reduction. Higher yields, led by Hungary, drive the increase.
Hungary is now the largest EU sunflower producer.
A larger EU sunflower harvest adds supply to the oilseed complex, which is mildly bearish for sunflower meal prices in Europe.
biofuelsdigest.comJim LaneNov 13, 2016Not 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.
