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Sunflower Highlights

Post Date: Oct 31 2016

Crop Progress

Texas sunflower producers are 72% done with this year's harvest. In South Dakota, 73% of the sunflower crop is reported harvested. In fact, all reporting states are at least half done with this year's sunflower harvest. Kansas reports 68% of the sunflowers there are in good to excellent condition.

Crop Progress - Monday, October 31, 2016 State This Week Last Week Last Year 5 Year Average North Dakota         Harvested 53 38 65 54 South Dakota         Mature 97 92 97 --- Harvested 73 56 66 63 Texas         Harvested 72 70 82 76 Kansas         Bracts Yellow 97 94 95 98 Mature 90 83 87 92 Harvested 50 38 51 51 Minnesota         Harvested 80 65 98 80 Colorado         Harvested 65 38 69 57

Crop Conditions - Monday, October 31, 2016 State Very Poor Poor Fair Good Excellent North Dakota 1 4 24 65 6 Colorado 0 4 27 61 8 Kansas 1 3 28 62 6

Stratas Buys Supreme Oil to Expand in Northeast

Memphis-based Stratas Foods L.L.C. has purchased the Supreme Oil Co., Englewood, N.J., to expand its manufacturing presence in the Northeast. Supreme Oil has sites in Englewood, N.J., Nashville, Tenn., and Brundidge, Ala. Founded in 1945, Supreme Oil offers a variety of oils, shortenings, mayonnaise and dressings to the food service and retail industries. Supreme Oil recently launched expeller-pressed, non-bioengineered/non-G.M.O. canola oil. Other brands owned by Supreme Oil include Admiration Foods, Piknik, Salad Bar, ProFry, Viva, and Petria.

Grower Report

Meadow, South Dakota grower Ron Seidel is about two-thirds done harvesting his 5,000 acres of high oleic sunflower. Seidel says so far his sunflowers are close to average. He says testweight has been good, at around 34 pounds and oil content has been around 42 percent. He’s hoping to finish the sunflower harvest in the next two weeks.

Call for Papers

There’s still time to submit your research paper to present at the NSA Research Forum, set for January 11-12, 2017 in Fargo, ND. Presentations may be either oral or in the form of a poster. Click here to submit your application online. 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 14, 2016.

Seed Quality High Plains 2016 2015 Oil Content 41.0% 41.0% Foreign Material 7.2% 6.9% Moisture 8.1% 8.0% Test Weight 31.0 lbs 31.3 lbs Northern Plains 2016 2015 Oil Content 43.5% 43.8% Foreign Material 4.3% 4.8% Moisture 9.7% 8.7% Test Weight 30.9 lbs 31.3 lbs

Upcoming Events

November 29-30, 2016 - Ag Horizons, Pierre, SD January 11-12, 2017 – NSA Research Forum, Fargo, ND June 27-29, 2017 – NSA Summer Seminar, Rapid City, SD

Markets

Sunflower prices have not followed the rally in CBoT soyoil futures. Nearby prices have fallen on robust seed deliveries from active producer selling in the past few weeks. This plus deliveries of previous contracted seed are adding to harvest pressure. Harvest continues at a rapid pace in the Northern and High Plains as most states are equal to or slightly ahead of the five-year average harvest pace per USDA. Yield reports continue to be very positive and quality is generally very good. Yields are being reported in the 1,500-2,800-pound range with some reports over 3,000 pounds. Early reports have oil content averaging about 44% in the Northern Plains and 41% in the High Plains. This is helping to ease some of the drop off in lower nearby prices. Sunflower is the only oilseed that pays premiums for oil content above 40%. Confection sunflower harvest is also progressing nicely. Confection sunflower yields, seed size and qualities have been very good up to this point. The above average yields and quality have the trade still assessing the size of the 2016 crop. Depending on the size of the crop, seed prices may not follow the price action on the CBoT until harvest deliveries slow down at the plants. After the producer selling pace slows down, prices will follow demand news.

Weekly Prices Recorded on Monday, October 31, 2016 ($/CWT)   Deliver Last Year Last Week This Week Change 2017 NEW Crop Chicago Oil Nearby 27.85 35.99 35.17 -.82 35.56 Fargo, ND NuSun 16.30 15.50 15.10 -.40 NQ Enderlin, ND NuSun 16.35 15.70 15.20 -.50 NQ Goodland, KS NuSun 16.20 15.25 14.80 -.45 NQ Goodland, KS High Oleic 17.75 17.25 16.80 -.45 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.

U.S. CRUDE OIL VALUES recorded on Monday, October 31, 2016 (dollars per 100 lb. internal U.S. location)   Last Year Last Week This Week Change Soybean Oil 26.10 34.49 33.67 -.82 Cotton Oil (psby) 44.85 45.99 45.17 -.82 Corn Oil 39.50 45.50 45.50 NC