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Sunflower Highlights

Post Date: Oct 17 2016

Crop Progress

Harvest continues across reporting states. Colorado reports 12 percent of that state's sunflower crop harvested, while in Texas, 65 percent of the sunflower crop is harvested. Overall, the crop looks good. North Dakota report 72 percent of the state's sunflower in good to excellent condtion.

Crop Progress - Monday, October 17, 2016 State This Week Last Week Last Year 5 Year Average North Dakota         Bracts Yellow 98 94 --- --- Mature 94 86 97 94 Harvested 23 12 26 23 South Dakota         Petals Dry 97 94 --- --- Bracts Yellow 90 83 95 97 Mature 83 67 86 --- Harvested 41 15 26 28 Texas         Harvested 65 60 72 70 Kansas         Petals Dry 95 91 99 97 Bracts Yellow 88 81 87 91 Mature 74 62 60 73 Harvested 26 10 20 23 Minnesota         Harvested 50 38 72 48 Colorado         Harvested 12 1 38 32

Crop Conditions - Monday, October 17, 2016 State Very Poor Poor Fair Good Excellent North Dakota 1 4 23 66 6 South Dakota 1 4 34 57 4 Minnesota 2 3 36 51 8 Colorado 0 4 27 61 8 Kansas 1 3 28 62 6

Grower Report

Bismarck, ND producer Clark Coleman has about 200 acres of his 1,250 acres of high oleic sunflower left to harvest, and he says so far, the sunflower harvest has been awesome. Coleman says yields averaged 2,300-2,400 lbs per acre.

Red River Commodities, Inc. Announces the Opening of a Canadian Trading Company

Red River Commodities, Inc. of Fargo, ND will open a new Canadian Trading Company in Winkler, Manitoba. The new company will be named Red River Global Ingredients, Limited. The Global Ingredients group will serve as a trading company with expertise in specialty products within the grain, seed and pulse industries. Bruce Wiebe will serve as the President of Red River Global Ingredients. Bruce has over 23 years of experience in specialty crops in Canada and throughout the world. Red River Commodities operates processing operations in the North Dakota, Kansas, and Texas within four business units:  processing, wildlife, SunGold Foods, and SunButter. The trading activities of Red River Global Ingredients will allow the Red River Group of companies to further offer supply chain solutions to its customers. The parent company of the Red River Group is Amsterdam Commodities (ACOMO), a Dutch publicly traded company with headquarters in Rotterdam, The Netherlands.

Call for Papers

We’re looking for research papers to be presented 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. 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. If you are interested in presenting a paper at the Forum, submit your application here. 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.

Upcoming Events

October 19, 2016 - NSA Research Committee Meeting 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

USDA’s first sunflower production forecast for 2016 came in at 2.46 billion pounds, down 16 percent from 2015. Area planted, at 1.6 million acres, is down 3 percent from the June estimate and down 14 percent from last year. US sunflower growers are expected to harvest 1.54 million acres, down 3 percent from June and down 14 percent from last year. The overall average yield for all sunflower types is forecast, at 1,596 pounds per acre. This is only 29 pounds lower than last year’s record high overall average yield. The yield will be the second highest yield on record, if realized. USDA expects higher yields in Colorado, North Dakota and Texas compared with last year. The yield in North Dakota, at 1,614 pounds per acre, will be the second highest yield on record. The forecasted production in North Dakota will make it the leading sunflower producing state at 1.08 billion pounds, up 1 percent from 2015 due to improved yields this year compared with last year. South Dakota had led the nation in sunflower production for the past three years and will not be far behind at 906 million pounds. There were few surprises in the corn and soybean yield and projections from the USDA report.  With the release the USDA report, CBoT traders will now focus on South American planting progress and demand news.

Weekly Prices Recorded on Monday, October 17, 2016 ($/CWT)   Deliver Last Year Last Week This Week Change 2017 NEW Crop Chicago Oil Nearby 28.14 33.62 35.44 +1.82 36.06 Fargo, ND NuSun 16.45 16.70 16.60 -.10 NQ Enderlin, ND NuSun 16.45 16.90 16.80 -.10 NQ Goodland, KS NuSun 15.75 16.10 16.10 NC NQ Goodland, KS High Oleic 17.40 18.10 18.10 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.

U.S. CRUDE OIL VALUES recorded on Monday, October 17, 2016 (dollars per 100 lb. internal U.S. location)   Last Year Last Week This Week Change Soybean Oil 26.39 31.85 33.94 +2.09 Cotton Oil (psby) 45.14 43.62 45.44 +1.82 Corn Oil 42.50 46.00 45.50 -.50