Podcast Episode Summary: Global Sunflower Market Update – June 8, 2025

• This episode delivers a concise and analytical overview of the global sunflower market as of early June 2025. It begins by highlighting Ukraine's projected 11% year-on-year production increase, reaching 14.4 million tons, despite global oversupply and weakening international demand. Challenges in Ukraine's domestic market persist, with declining seed prices prompting a shift toward rapeseed processing.
• Export data reveals modest growth, with April sunflower oil exports rising 9% month-on-month to 478,000 tons, though remaining historically low. Competition in the Indian market remains intense, with Ukraine holding a 22% market share compared to Russia's dominant 65%.
• In Russia, the sector faces evolving export duties and regulatory changes. Domestically, strong procurement activity and rapid planting—particularly in the Altai region—suggest robust future output. A significant milestone was achieved with the first large-scale shipment of high oleic sunflower oil to China, signaling a push toward trade diversification and seed independence.
• Argentina stands out with its largest sunflower harvest in 25 years, totaling 4.7 million tons, driven by expanded acreage and favorable weather. However, processing infrastructure remains a bottleneck, potentially delaying full economic gains.
• The episode concludes with a broader global outlook: while 2024/25 global production has declined, the International Grains Council forecasts recovery in 2025/26, led by Argentina, the U.S., and Ukraine. Geopolitical, climatic, and currency factors continue to influence global trade flows and price stability.