Sunflower Highlights

Post Date: Jun 17 2019

South Dakota producers made big progress planting sunflower last week; the state reports 56% of the crop is now planted, compared to just19% a week ago, but still down from the average of 71% for this time of year. Meanwhile, Minnesota producers report 99% of the sunflower crop planted.

Crop Progress - Monday, June 17, 2019

State	This Week	Last Week	Last Year	5 Year Average
North Dakota
Planted	84	69	95	92
Emerged	48	30	63	---
South Dakota
Planted	56	19	73	71
Colorado
Planted	61	35	55	52
Kansas
Planted	58	38	68	59
Minnesota
Planted	99	89	96	95
Texas
Planted	NA	63	80	87

Grower Report

Bismarck, ND area producer Clark Coleman finished seeding more than 1,100 acres of high oleic sunflower about 10 days ago and says so far they look good. Recent hot weather has helped the crop; he says the first fields he planted are in the 5 to 6 leaf stage and the last fields he planted are emerged. Coleman says a little rain would do wonders for the sunflowers.

NSA Summer Seminar is Next Week

Sunflower oil has a bright fit for consumer food products. Michelle Peitz works in technical sales for ADM Oils and will share how consumer shifts are impacting sunflower oil and how sunflower oil remains a good fit for consumer products. That’s just one of the topics we’ll cover at this year’s NSA Summer Seminar. This year is the 37^thannual NSA Summer Seminar. The event is planned for June 26-27, 2019 in Medora, ND. Registration is now $375 and will increase to $425 at the door. Click here to register. Contact Tina at tinam@sunflowernsa.com with any questions. See you in Medora!

Markets

At the North Dakota crush plants sunflower prices continued to trend higher lastweek. Old crop NuSun prices ended the week unchanged to up 35 cents with High Oleic up 10 to 30 cents. New crop NuSun and High Oleic prices were unchanged to up 30 cents as well. In the High Plains, old crop NuSun and High Oleic sunflower prices were up 10 cents with new crop unchanged. Lastweek USDA confirmed that farmers who are not able to plant a crop this spring will not get a 2019 Market Facilitation Program (MFP) payment. USDA does not have the legal authority to make MFP payments to producers for acreage that is not planted. To qualify for a 2019 MFP payment, you must have planted a 2019 MFP-eligible crop. Sunflower is an eligible crop that can be planted to qualify for the payment. USDA released its June supply and demand report last week. USDA pegged U.S. 2019 soybean production at 4.15 billion bushels unchanged from last month but higher than the trade’s expectation of 4.12 billion bushels. They project the U.S. 2018/19 soybean ending stocks to increase to 1.070 million bushels, compared with its May estimate of 995 million bushels. Traders will digest the report along with weather and demand news and they will drive the market in the near term. Traders will also be keeping an eye on any news or developments in the US-China trade war.