U.S. Farmers Plant More Sunflowers as Ukraine War Curbs Supply
- Planting seen higher than early USDA estimate, group says
- Prices at record with world’s biggest supplier cut back
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U.S. farmers may plant twice as many additional acres with sunflowers as the government forecast, according to a trade group, with prices soaring in the wake of Russia’s war with Ukraine.
The commodity used in everything from potato chips and frying food to bird feed and shampoo could see a massive supply shortfall as Ukraine’s sunflower-oil industry, the world’s largest, suffers cuts to planting and exports due to Russia’s invasion.
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U.S. Farmers Plant More Sunflowers as Ukraine War Curbs Supply