Sunflower Highlights
March 5, 2018
John Swanson 2018 NSA Gold Award Winner
John Swanson has been named the 2018 NSA Gold Award winner. Swanson has worked in the sunflower industry for over 45 years. He began his sunflower career in 1971 as a production field man for Dahlgren & Co. He also worked as the domestic and international salesman of edible sunflower, new product development manager, and general manager of the planting seed division. In 1993, when the Dahlgren seed division was sold, John joined Croplan Genetics (Land O’Lakes) where he worked until retirement as the first and only sunflower product manager. Swanson served on the NSA Board of Directors for 12 years as secretary/treasurer. He is currently finishing his last term as chairman of the Minnesota Sunflower Council. The NSA Board of Directors selected Swanson for the award at its meeting last week. They’ll present Swanson with the award at the summer seminar, which will be held at Arrowwood Resort in Alexandria, MN June 26-28, 2018.
County Level Commodity Estimates Now Available
County-level estimates for 2017 row crops including sunflower, corn, and soybeans, are now available, according to the USDA’s National Agricultural Statics Service. The estimates, based primarily on surveys conducted with farmers and ranchers last fall, can be accessed using the QuickStats online database, found at County-level row estimates for canola and flaxseed will be published in March 2018 and dry edible peas, lentils, dry edible beans, and hay will be published in April 2018.
NSA Scholarship Available
The National Sunflower Association is seeking applications for the Curtis Stern Memorial Scholarship. In tribute to the dedicated work of Curtis Stern, an industry advocate and former NSA board member, the NSA Board of Directors established a memorial scholarship in his name. Funds assist students who study in the field of agriculture with a special emphasis on sunflower production, promotion, or research. Application deadline is April 1, 2018. $4,600 is available for the scholarship this year. Preference will be given to students who are in their last two years of undergraduate studies or in graduate level studies and have maintained at least a cumulative 3.0 GPA on a 4.0=A scale. Application deadline is April 1, 2018. A total of $4,600 is available for the scholarship this year. Click here for more information and to submit application. Contact Tina Mittelsteadt with any questions.
Production Resource Books Available on NSA Website
Spring planting is just around the corner—find helpful information on our website: Check out the Sunflower Production Resource Book for your area. The books provide guidelines and recommendations on production practices, pest identification, field selection, and more.
Upcoming Events
March 21, 2018 – NSA High Plains Committee Meeting, Goodland, KS
June 26-28, 2018 – NSA Summer Seminar, Arrowwood Resort, Alexandria, MN
We are still in the price discovery process for 2018 crop insurance price elections. Currently, oil type sunflowers are at $17.50 and confections are $23.70 per cwt. To follow sunflower price election trends, watch the 2018 CBoT December soyoil contract through February 28. Final price elections will be announced in early March. Traders also got a reminder about the potential for an increase in soybean acres this spring, when USDA released its 10-year baseline projections for agriculture last week. While the forecasts didn't include anything new about 2018 planting intentions, it reinforced the idea that soybean acres could increase significantly. USDA will update its statistical guesses at its annual Agricultural Outlook Forum this week. Traders will pay close attention to USDA’s expectations for 2018 planted acres, supply & demand outlooks along with ending stocks figures. This will give the market some numbers to crunch ahead of the March reports. Traders will also continue to focus on South America weather reports and crop prospects as February is the critical month for oilseed development. The dollar weakness continues to provide a nice tailwind for commodities. The dollar hit its lowest level in more than three years last week. Recent Mexican purchases of 5,000 MT of US sunflower oil are attributed to a more favorable dollar exchange rate. Confection in-shell and kernel exports are ahead of last year’s pace at this point in the market year as well.
Weekly Prices Recorded on Monday, March 5, 2018 ($/CWT)
  Deliver Last Year Last Week This Week Change 2018 NEW Crop
Chicago Oil Nearby 34.02 32.62 32.01 -.61 32.85
Fargo, ND NuSun 15.20 NQ 17.25 --- 18.35
Fargo, ND High Oleic NQ NQ 17.20 --- 18.35
Enderlin, ND NuSun 15.35 17.45 17.40 -.05 18.30
Enderlin, ND High Oleic NQ 17.45 17.40 -.05 18.50
Goodland, KS NuSun 14.25 16.90 16.90 NC 17.30
Goodland, KS High Oleic 15.90 17.90 17.90 NC 18.30
Prices recorded here are believed to be reliable at the time of posting. All prices are subject to change. Contact these facilities for complete market details.
U.S. CRUDE OIL VALUES recorded on Monday, March 5, 2017
(dollars per 100 lb. internal U.S. location)
  Last Year Last Week This Week Change
Soybean Oil 31.77 30.82 30.41 -.41
Cotton Oil (psby) 42.27 30.86 30.21 -.65
Corn Oil 43.00 35.00 34.00 -1.00
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