Rising sunflower prices in growing plants suffocated as nearby countries closed the week with a decrease of 10 cents. For the new crop in 2020, this figure also climbed up by about $ 1.5 since they were released last fall.
The US Senate passed an agreement between America, Mexico and Canada. The passage of the USMCA is positive news for the sunflower market, as it will maintain duty-free access to all of its products in the markets of Canada and Mexico.
Canada is the largest export market for US sunflower oil and sunflower seeds. Mexico is the second largest export market for inshell kernels.
The largest sunflower hat ever recorded in the world was 82 cm (Canada). He was listed in the Guinness Book of Records. And the highest flower was grown by M. Heijimh in the Netherlands, its height was about 7 meters
The president also signed the first phase of the agreement with China. Traders are not sure whether a partial trade agreement between their country and the United States will lead to significantly higher sales.
China agreed to increase purchases of US agricultural products, but only when demand allows. Chinese purchases will be based on domestic customer segmentation and commodity prices around the world.
In addition, he made no specific commitments to change his tariffs on US products in the first phase. This left the market in search of real evidence that China would fulfill its promise of more purchases.
- Earlier, we reported that Russians are increasingly confidently selling sunflower seeds.
- This flower is grown all over the world, and in the Crimean fields they have taken up sunflowers.
- We also wrote that in foreign markets there was more oil from Russian sunflowers.
