Search

Sunflower Highlights

Post Date: Jan 14 2019

2019 Research Requests Total Over $300,000

The National Sunflower Association received 14 research proposals for 2019, totaling $304,626 The NSA Research Committee met last week to review the proposals and make recommendations for the NSA Board of Directors. The NSA Board will make final decisions on funding during their annual spring meeting in late February. Proposed projects include studies of insects, disease, weeds, and production.

NSA Research Forum Attracts Large Crowd

Nearly 100 growers, industry representatives, and researchers attended the National Sunflower Association’s 41stannual research forum January 9-10 in Fargo, ND. Researchers in North and South Dakota, Kansas, Colorado, Texas, and Iowa presented papers and posters on their work. Attendees heard presentations on weeds, insects, disease, and new varieties of sunflower. All presentations will be uploaded to the NSA website within the next few weeks.

Win an iPad!

The NSA’s High Plains committee will be giving away an iPad at each of the upcoming ag shows: No-Till on the Plains, Wichita, KS – January 29-30, 2019 CCTA Conference, Burlington, CO – February 5-6, 2019 For a chance to win, producers must stop by the NSA High Plains booth and register. Winners will be publicized after the shows.

Sign Up for E-Publications

Would you like to get a digital copy of Sunflower Highlights each week in your email? Click here to sign up. You can also get a digital copy of our magazine, The Sunflower, there too.

Markets

Nearby NuSun and high oleic prices were down 10 to 30 cents this week at the crush plants. Recent heavy deliveries led to the drop in prices. Nearby prices had seen some nice gains the past three weeks and producers took advantage making seed sales. 2019 new crop NuSun and high oleic prices were down 10 cents to unchanged for the week. New crop NuSun prices are currently in a range of $16.75-$17.25 with high oleics at $17.20-$18.00 depending on location. Something else to consider is the oil premiums that crush plants pay on sunflower. Sunflower is the only oilseed that pays premiums for oil content above 40%. Considering oil premiums that are offered at the crush plants on oil content above 40% at a rate of 2% price premium for each 1% of oil above 40%; this pushes a contract with 45% oil content gross return 10% higher per cwt. The AOG $16.40 contract increases to $18.05 and the cash $17.25 contract moves up to $19.00.On the CBoT, the soy complex continues to push higher on weather concerns in South America and continued optimism that trade talks with China will continue to go well. Overall price direction will continue to be determined by export demand news and South American oilseed production prospects in the near term.