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Sunflower Highlights

Post Date: Oct 15 2018

Crop Progress

Cool and wet weather conditions hampered harvest progress in Minnesota; grwers report the harvest there is 17 percent complete, well behind the average of 32 percent for this time. Harvest in Kansas is right on track though, with 16 percent of the crop reported harvested; the average is 15 percent.

Crop Progress - Monday, October 15, 2018  State This Week Last Week Last Year 5 Year Average North Dakota         Mature 97 91 91 88 Harvested 15 9 11 12 South Dakota         Harvested 5 4 14 17 Minnesota         Harvested 17 16 19 32 Kansas         Harvested 16 12 5 15 Texas         Harvested 70 68 64 66

Crop Conditions - Monday, October 15, 2018 State Very Poor Poor Fair Good Excellent North Dakota 1 7 30 58 4 Minnesota 0 2 29 56 13 Colorado 1 2 26 66 5

Grower Report

Six inches of snow last week has put a damper on sugar beet harvest for Kevin Capistran, who farms near Crookston, MN. But Capistran says his sunflower crop still looks promising. He says the ‘flowers are still standing and are ready to combine. He may start cutting those this week. He says others in his area who have harvested sunflower have had good yields, some as high as 3,300 pounds per acre.

Call for Papers

We are looking for research papers to be presented at the NSA Research Forum, set for January 9-10, 2019 in Fargo, ND. Presentations may be either oral or in the form of a poster. A time will be designated for authors to be with their posters and answer questions. Each oral presentation will be limited to 10-12 minutes with 2-3 minutes allowed for questions. Click here  if you are interested in presenting a paper. You do not have to submit the actual paper or poster at this time, just the information indicated online and the author information. Submissions must be completed by November 16, 2018.

Register Now for the 2019 NSA Research Forum

Registration is now open for the 2019 NSA Research Forum, scheduled for January 9-10, 2019 at the Holiday Inn (3803 13thAvenue South, Fargo). Click here to register for the forum at the early bird price of $130. A block of rooms has been reserved at the Holiday Inn at a nightly rate of $98 plus tax. The block will be held until December 9, 2018. Call the Holiday Inn at 877-282-2700 and identify National Sunflower Association.

Upcoming Events

November 27-28, 2018 – Ag Horizons, Pierre, SD  December 4, 2018 – High Plains Committee Meeting, Goodland, KS January 9-10, 2019 – NSA Research Forum, Holiday Inn, Fargo, ND  June 25-27, 2019 – NSA Summer Seminar, Medora, ND

Weekly Prices Recorded on Monday, October 15, 2018 ($/CWT)   Deliver Last Year Last Week This Week Change 2019 NEW Crop Chicago Oil Nearby 33.59 29.33 29.76 +.43 31.33 Fargo, ND NuSun 16.95 17.25 17.25 NC 17.00 Fargo, ND High Oleic NQ 17.25 17.25 NC 17.00 Enderlin, ND NuSun 16.85 17.10 17.10 NC 17.00 Enderlin, ND High Oleic NQ 17.35 17.35 NC 17.00 Goodland, KS NuSun 16.80 16.85 16.85 NC NQ Goodland, KS High Oleic 17.80 18.00 18.00 NC NQ 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.

Markets

Nearby and new crop pricesat the crush plants ended the week unchanged. USDA released its first production forecast for the 2018 US sunflower crop. Production was pegged at 1.93 billion pounds, down 10 percent from the revised 2017 production of 2.16 billion pounds. Area planted, at 1.30 million acres, is down 11 percent from the June estimate and down 7 percent from last year. Sunflower growers expect to harvest 1.24 million acres, down 12 percent from June and down 7 percent from the 2017 acreage. The October yield forecast, at 1,560 pounds per acre, is 56 pounds lower than last year’s yield but will be the fourth highest on record, if realized. As of October 1, lower yields are expected in 6 of the 8 major sunflower producing states compared with last year, with increases only expected in California and Kansas. Compared with last year, average yields forecast in North and South Dakota are down 45 pounds per acre and 100 pounds per acre, respectively. The forecasted production in South Dakota, the leading sunflower-producing state this year, is 895 million pounds, down 13 percent from 2017. In North Dakota, production is forecast at 674 million pounds down 3 percent from last year. This report will be key to prices going forward until thenext production estimate is released in January. Drier weather is forecast for the Northern Plains and should get combines rolling again.

U.S. CRUDE OIL VALUES recorded on October 15, 2018 (dollars per 100 lb. internal U.S. location)   Last Year Last Week This Week Change Soybean Oil 31.09 29.14 29.26 +.12 Cotton Oil (psby) 32.59 31.64 31.76 +.12 Corn Oil 37.50 30.00 30.00 NC