U.S. Sunflower Oil Prices 2025, Size, Trend, Graph, News and Forecast
North America The North American sunflower oil market in Q4 2024 exhibited marked volatility, unfolding in distinct phases of price movement. October saw a sharp price surge, primarily driven by supply-side constraints such as geopolitical instability in the Black Sea region and unfavorable weather in key producing areas. Domestic production costs rose significantly due to elevated agricultural input prices and reduced yields, while pre-holiday demand added to the upward pressure. The bullish momentum extended into November, fueled by a sharp decline in U.S. sunflower production as farmers pivoted toward more profitable crops like soybeans. Drought conditions in European growing regions further tightened global supply, sustaining the rally and intensifying market volatility. In December, the market reversed course with a clear bearish shift. Increased global production—especially from Eastern Europe—created a surplus, softening prices. A stronger U.S. dollar undermined expor...