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You Are Here Growers > Marketing > Week in Review




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January 26, 2015



NSA GOLD AWARD

We're looking for the next NSA Gold Award winner and need your help! Every year, the National Sunflower Association presents the Gold Award to an individual who has contributed extra-ordinarily to the overall sunflower industry, either through their occupation or through the National Sunflower Association. This award is considered to be the highest award that the NSA presents to individuals. Last year's winner was Dr. Gary Fick. You can see a complete list of Gold Award winners on our website: www.sunflowernsa.com/all-about/gold-award/. While you're there, check out the eligibility and criteria requirements. Nominations must be received by February 20. The NSA Board of Directors will review all submitted applications and choose a winner. The Gold Award will be presented during the NSA Summer Seminar, set for June 23-25 at Madden's Resort in Brainerd, MN.

ND COUNTY ELECTIONS

Elections for the sunflower representative to the North Dakota Oilseed Council will be held in several areas next month. The first will be held in District 4. Burleigh County's election will be held on February 24, 2015 at 5:30 pm. The election will be held in conjunction with a Private Pesticide Recertification Training that begins at 6:00 pm. Current NSA second vice chairman, Clark Coleman, currently serves this district.

RESEARCH PRESENTATIONS AVAILABLE ONLINE

If you weren't able to attend this year's NSA Research Forum in Fargo, ND, you can still learn about the latest sunflower research. PowerPoint presentations of all the reports given earlier this month at the forum can be found on the NSA website under the "Research" tab. For a historical look, all presentations dating back to 2008 are available there as well. Here's a direct link to this year's presentations: www.sunflowernsa.com/research/research-forum-presentations/2015/. Researchers from the Dakotas, Kansas, Colorado, Texas, Nebraska, Iowa, and Canada presented a total of 16 papers and 13 posters at this year's forum.

2015 SDSU PEST MANAGEMENT GUIDES ARE AVAILABLE

The South Dakota 2015 Pest Management Guides are available. The guides cover soybeans, corn, wheat, oats, sunflowers, alfalfa, barley, triticale, durum, millet, rye, safflower, canola, and flax. The guides can be found at www.iGrow.org and at SDSU Extension Regional Centers in the next couple of weeks.

HIGH PLAINS WINTER CONFERENCES

Two long-running High Plains area conferences will be held in the next two weeks. The Salina No-Till Show will be held this week - January 27-29 - in Salina, KS. This year's theme is "Unlocking the Potential on Your Farm." For more information, go to www.notill.org/events/2015-winter-conference-aim-symposium. The Colorado Conservation Tillage Association's High Plains No-Till Conference in Burlington, CO is February 3-4. For details or to register, visit: www.highplainsnotill.com. The NSA's High Plains committee will be at both shows and will give away one iPad per show, so if you attend, make sure you visit the High Plains booth!

READ THE SUNFLOWER ONLINE

If you haven't read the January 2015 issue of The Sunflower yet, visit our website and read it online. You'll find it at www.sunflowernsa.com/magazine. While you're on our website, sign up to receive a digital copy of the magazine. Visit www.sunflowernsa.com/mms/sign_up.asp, click "sign up" and follow the instructions. Sign up now - our February issue will be out soon!

"LIKE" US ON FACEBOOK

Have you "liked" our Facebook page yet? If not, take a minute to do that now. Find us at www.facebook.com/sunflowernsa. It's a great way to connect with producers and industry leaders. And if you've got pictures or videos, we'd love if you shared them on our page!

UPCOMING EVENTS

January 27-29, 2015 - Salina No-Till Show, Salina, KS
February 3-4, 2015 - CCTA No-Till Conference, Burlington, CO
June 23-25, 2015 - 2015 NSA Summer Seminar, Brainerd, MN


MARKETS

Last week the major USDA crop reports for 2014 crop production and stocks were released. Now that they are out there, traders will mainly focus on South American weather and crop production prospects. Weather remains mostly favorable in Brazil and Argentina, with rain forecast for drier areas of Brazil. In the US the market will keep an eye on US export demand and competitiveness. CBoT soybean contracts trended lower following news of China's cancelling of some scheduled export sales. China's recent cancellations have traders wondering if demand will shift to South America sooner than usual. Adding more pressure is the US dollar continuing to trade higher against a basket of currencies. The downside of a stronger US dollar is that it could lead to a slowdown in exports as importers look for cheaper sources of product. Currently, Brazil soybeans are at a discount to US soybeans for February shipment. Sunflower prices have followed the soy complex lower the past few days, mainly based on weakness in CBoT soyoil values. The birdfood market continues to offer a premium to the crushplant prices.

For sunflower prices at various locations refer to our website Daily Market News.


Weekly Prices Recorded on Monday, January 26, 2015 ($/CWT)
  Deliver Last Year Last Week This Week Change 2015 New Crop
  Chicago Oil          
  Nearby 37.06 32.84 31.08 -1.76 31.27
  Fargo, ND          
  NuSun 18.70 19.35 18.90 -.45 18.70
  Enderlin, ND          
  NuSun 19.05 19.30 18.80 -.50 18.60
  Goodland, KS          
  NuSun 17.95 20.05 19.55 -.50 19.35


US CRUDE OIL VALUES
recorded on Monday, January 26, 2015
(dollars per 100 lb. internal U.S. location)
  Last Year Last Week This Week Change
Soybean Oil 33.91 32.34 30.73 -1.61
Cotton Oil (pbsy) 48.06 47.84 46.08 -1.76
Corn Oil 39.00 35.50 35.50 NC
Prices recorded here are believed to be reliable at the time of publication. Individual companies have the right to correct any errors that may occur. Contact these facilities for complete market details


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