Brief Sunflower Seed Market Update – March 2022
Exporters have withdrawn their stocks on the back or recent news from Ukraine. Many farmers have been withholding stocks and as a result prices have been moving upwards – Last week prices increased by around 16%. Ukraine is the world’s biggest producer of Sunflower Seed, and from recent events, many buyers are skeptical of what will happen in the coming months. Sunflower related products such as oil are expected to begin to rise alongside seed, given that the all-round supply of sunflower crop will be far scarcer in the not-so-distant future.