Trump’s sanctions are shaking up the edible oil market: what does this mean for Ukrainian sunseed?

The expected increase in prices for Ukrainian sunflower seeds has been influenced by new US trade restrictions. Donald Trump, the US president, announced his intention to impose additional tariffs on goods from Europe, Mexico, Canada and China. The decision caused an immediate reaction on the stock exchanges and changed the balance on the vegetable oil market, in particular soybean and sunflower. This is reported by analysts of the agricultural cooperative PUSK, established within the VAR. “It would seem that everything was going well: seasonal factors supported the upward trend. However, the news about possible tariffs on European goods turned the situation around. The price of soybean oil has fallen sharply over the past few days, and this is also affecting the sunflower oil market. We have already lost about $5-10 per ton of sunflower oil over the past week. The seasonal model still signals the possibility of an increase in sunflower prices in March-April, but Trump’s trade ...