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Agroanalysts explained the reason for the rise in price of sunflower compared to last year

Published Jul 9, 2020

Tridge summary

At the end of June 2020, prices for sunflower and sunflower oil went up sharply compared to last year - and there are reasons for this

Original content

. A weekly review of the oilseed market dated July 6, 2020, in which experts talk about the price situation, was published on the website of the Center for Agroanalytics FSBI. on sunflower and products of its processing. From June 25 to July 2, 2020, the ruble / dollar exchange rate fell by 2.3%. According to departmental monitoring of the Ministry of Agriculture of Russia, average prices for sunflower and sunflower meal decreased by 1.4 and 1.6%, respectively, and sunflower oil rose in price by 0.1%. At the same time, compared with the figures for the corresponding date of last year, the cost of sunflower seeds, sunflower oil and sunflower meal increased by 17.7, respectively; 10.7 and 14.3%. During the week, sunflower fell in price in the Central Federal District (by 0.3%, up to 24,000 rubles / t). At the same time, the Central Federal District recorded the most significant increase in the cost of sunflower compared to last year (+ 32.4%) and the level of the beginning of the ...
Source: Agroxxi
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