Sunflower Seeds Market: Harvest Setbacks in Eastern Europe Drive Prices Higher
Price Development
- Euronext: Sunflower seed prices increased to €0.95/kg, driven by harvest setbacks in Eastern Europe.
- CME: Prices stood at €0.92/kg, as similar concerns over yields in Ukraine and Romania supported the market.
Weather Forecast
In Ukraine and Romania, light rain over the next week, combined with temperatures between 12°C and 22°C, may further slow down the harvest. This could exacerbate existing supply constraints and push prices higher.Outlook: Prices are expected to remain elevated in the short term, with ongoing weather-related harvest delays and lower yields contributing to tighter supply. If the harvest does not accelerate soon, further price increases could be expected heading into November.
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