Price: €11.00
Member Price: €0.00

Sunflower seeds: too early to hit the panic button

May 27, 2021 at 9:43 AM , Der AUDITOR
Play report as audio

SOFIA. Some traders are sounding the alarm bells at present. Prices are the issue. Attractive prices for inshell sunflower seeds have resulted in the bizarre situation that some processing companies have been prompted to sell their inshell supplies. Risk is that if production falls short of expectations this will contribute to another season of record high prices. Other traders, however, reckon that it is too early to hit the panic button.

Encouraging weather conditions in Bulgaria

Although the market is gripped by a high degree of uncertainty, traders in Bulgaria are urging the market not to fall into panic mode. Issue is that it is impossible to tell how the weather will turn out in June and July, which are crucial for the development of the seeds. Prices will also largely depend on Russia and Ukraine. Inshell production is, in fact, expected to rise by 11.5% on last year to 14.5 million mt in Russia and by 13.8% to 16.5 million mt in Ukraine. Increases in acreage are also expected to drive up EU pr

View related articles

Go to the News Overview
Grains
Apr 25, 2025
BRUSSELS. Rain has improved conditions for wheat. Ukraine’s corn exports have slumped by 20%. US soybeans are holding up surprisingly well. With the euro hitting a three-and-a-half-year high against the US dollar rapeseed quotations have tumbled.
Oilseeds
Apr 24, 2025
OTTAWA/ASTANA. Russia is once again banning flaxseed imports from Kazakhstan. Traders report delays in deliveries from the origin. Canadian farmers could expand their sowing this year.
Oilseeds
Apr 24, 2025
OLOMOUC. Although the official cultivation forecast is still pending, it can currently be assumed that sowing in the Czech Republic will be higher than last year. However, the low rainfall in recent months could reduce yields.
Oilseeds
Apr 23, 2025
SOFIA/BUENOS AIRES. Larger acreages and higher yields are ensuring good crop results in Argentina. In Ukraine, sowing is progressing much more slowly than last year.