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Sunflower seeds: little optimism despite promising forecasts

June 16, 2021 2:13 PM, Der AUDITOR
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SOFIA/KIEV. A record acreage in Ukraine and favourable weather conditions are boosting yield forecasts for the coming season. Bulgarian sunflower seed traders, however, remain cautious and shy away from taking risks.

Restraint continues

Driven by fears of profit slumps and losses, many sunflower seed traders are extremely cautious when it comes to offers for the new crop. While a lot can still happen in the coming weeks until the harvest starts, some market players are currently more confident than others that sunflower seed production should be significantly better than in 2020. "There is a lot of tension about the new crop," says a Bulgarian sunflower seed trader, "most suppliers are confused and refuse to give offers." Traders who are willing to offer prices are&nbs

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