The global sunflower seed market is facing one of the most significant production drops in the past four years. According to the International Grains Council (IGC), global production has decreased by approximately 12.4 percent compared to last year. This decline has occurred while major producing countries such as Ukraine, Russia, and the European Union contend with climatic challenges and agricultural constraints.
The reduction in harvest not only limits the global supply of sunflower seeds but also affects the market for vegetable oils and derived products. Price increases, pressure on importers, and changes in trade flows are likely, making flexibility in planning and procurement essential for traders.
Experts attribute the drop in production to reduced rainfall, recurring droughts, rising energy costs, and economic pressures. Decreases in cultivated area, farmers opting for lower-risk crops, and logistical limitations in international transportation have also contributed to this trend.
In such conditions, closely monitoring origin markets, tracking climate changes, and maintaining flexibility in purchasing schedules can help mitigate price volatility risks. Market participants can benefit from continuous data analysis and careful evaluation of supply and demand trends to plan for stable procurement and seize available trade opportunities.
Source: biofuels-news.com
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