About to break the sunflower seed market in Spain

Published 2021년 7월 6일

Tridge summary

Spain's sunflower sector is set to start harvesting with the earliest farms in Sevillian countryside, expecting to negotiate sale contracts for the new pipe and determine fair prices based from crude sunflower oil and whole sunflower flour prices. The price of crude sunflower oil is currently around 1,050 euros/ton, and whole sunflower meal at 230 euros/ton, with the pipe price not falling below 525 euros/ton. In Andalusia, 193,980 ha of sunflower has been planted, with a reduction in high oleic sunflower sowings due to the low price differential and higher production cost. The reactivation of the horeca channel in the refining sector is causing greater optimism for prices that reflect the price of oil and flour.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Olimerca.- Next week could be the starting gun in the sunflower sector in Spain. Specifically, the earliest farms in the Sevillian countryside have already begun to harvest and in the next few days the sale contracts for the new pipe will begin to be negotiated. In fact, the entire production sector is waiting to know how the price will break at the auction and if it will finally be possible to achieve a fair value, based on the price that crude sunflower oil and whole sunflower flour currently have. . These days, and after reaching historic record prices, the price of crude sunflower oil is around 1,050 euros / ton, while whole sunflower meal is trading at € 230 / ton. With these quotations at source and, if we take into account the costs of the pipe extraction and milling industries, estimated at an average of € 60 / kg, the price of the pipe should not fall below € 525 / ton. As reported to Olimerca by the person in charge of Herbaceous Crops of ASAJA-Sevilla, Fernando ...
Source: OliMerca

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