Ukraine: The prices of sunflower are increasing, while soybeans and rapeseed are falling
Sunflower Seed
Refined Sunflower Oil
Soybean
Canola Seed & Rapeseed
Ukraine
Published Nov 26, 2022
Tridge summary
Sunflower prices in Ukraine are rising against the background of increased export of seeds and processing products
Original content
. The intensification of the calls of ships to Black Sea ports and the rate of sunflower exports are forcing processors to intensify purchases and raise prices, given the shortage of offers from farmers. The Joint Coordination Center reports that as of November 22, 76 ships are waiting for permission to enter the ports of Ukraine through the grain corridor (although at the beginning of the month there were 175), and another 33 loaded ships are being prepared for inspection in Turkish territorial waters before departure to their destinations. According to the Ministry of Agriculture, during the week, Ukraine increased its export of sunflower oil by 9% to 175.5 thousand tons, but decreased the export of seeds by 6.5% to 94.8 thousand tons and sunflower meal - by 67.5% to 46, 99 thousand tons due to the lack of supplies from producers. In total, 1.36 million tons of sunflower oil and 770.7 thousand tons of seeds were exported in 2022/23 MR. Most plants are unable to process sunflower ...
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