Canadian sunflower growers poised for 'booming' year as acreage and prices climb higher - News Summed Up

Canadian sunflower growers poised for 'booming' year as acreage and prices climb higher


This year, the country's sunflower business may be smiling, too. Demand and prices for the special crop are both looking good while the number of planted sunflower hectares has grown to its highest level in years. There are any number of market factors that shape demand and price for sunflower seeds, like any commodity. He said sunflower seed prices have also improved, with confection seed types fetching 30 to 32 cents per pound and oilseed sunflower seeds getting closer to 22 to 25 cents per pound. He pointed to regular market dynamics for the increased acreage and demand for Canadian sunflowers, noting sunflower seed supplies in the U.S. have been tighter.


Source: CBC News August 16, 2020 07:52 UTC



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