Global sunflower market: Prices in Ukraine remain stable despite forecasts of reduced production

게시됨 2024년 8월 20일

Tridge 요약

Ukraine's sunflower harvest is starting early due to hot and dry weather, but crop yields and oil content are low, potentially leading to losses of 25-30% of the forecast. Despite this, processors have not increased prices. New harvest sunflowers are being offered at UAH 19,000-20,000/t. Meanwhile, global market prices for sunflower oil and meal are decreasing due to an oversupply of cheap alternatives like soybean meal, soybean, and palm oil. The European Commission has also reduced its sunflower production forecast for Europe due to unfavorable weather.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Dry and hot weather in Ukraine will accelerate the start of sunflower harvesting in the southeastern and central regions, but two waves of abnormal heat have significantly impaired the harvest potential. This is reported by GrainTrade. It is noted that the first threshings in the south and east of the country show a low yield and oil content of sunflower, so there were fears that crop losses would reach 25-30% of the forecast, but processors have not yet reacted to this by raising prices. Currently, new harvest sunflowers are offered at UAH 19,000-20,000/t with delivery to the factory, as prices for sunflower oil and meal are falling under the pressure of a significant volume of offers of cheap soybean meal and soybean and palm oil on the world market. Analysts note that during the week export prices for sunflower meal fell by $10-15/t to $185-190/t under the pressure of lower prices for fodder wheat and corn. At the same time, demand prices for sunflower oil with delivery to ...

출처: Agrobusiness