According to the latest report published by the industrial journal called Oil World in Germany Hamburg, it is shown that the weather of Argentina is very dry, which has influence the sunflower seed corps.
The Oil World predicts that the output of Argentina’s sunflower seeds would fall to the lowest level within 30 years in 2013/14, which is about 2.3 million tons.
The Oil World pointed out that the supply of sunflower oil in the northern hemisphere is enough, which will continue to restrict the global price increases; at least it would restrict the price from the short to medium term.