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Sunflower Highlights
Post Date:
Jun 29 2020
Crop Progress
Minnesota reports 72% of the sunflower crop is in good to excellent condition. In North Dakota, 56% is reported good to excellent, while 83% of the crop there is emerged. Planting is wrapping up in all reporting states, and harvest continues in Texas.
Crop Progress - Monday, June 29, 2020
State
This Week
Last Week
Last Year
5 Year Average
North Dakota
Planted
93
89
97
99
Emerged
83
64
86
91
South Dakota
Planted
98
90
90
91
Kansas
Planted
88
78
81
84
Colorado
Planted
94
86
82
86
Texas
Planted
NA
77
NA
NA
Harvested
NA
3
NA
NA
Crop Conditions - Monday, June 29, 2020
State
Very Poor
Poor
Fair
Good
Excellent
North Dakota
1
5
38
83
3
Minnesota
2
4
22
67
5
Colorado
3
12
41
43
1
Grower reports
Texas has sunflower field at all different stages: in southern Texas, harvest is nearly half finished; sunflower in central Texas are at petal drop stage; and in the Lubbock area, some acres are just now being planted. Mike Williams with Red River says of the harvested sunflower so far, yields are about average. Texas has been dry, just like much of North Dakota, where Tioga area producer TJ Halverson says they need rain desperately. Halverson says planting was late and winds have been brutal for the past several weeks. Still he says his nearly 1,400 acres of both confection and high oleic sunflower are holding on.
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Markets
The sunflower market is heating up in the Dakotas as birdfood and crushers compete for remaining old crop seed stocks. In the past two weeks birdfood prices at some locations are up $2.00-$2.50 per cwt. with prices trading at $22.50-$24.25 in North Dakota and upwards of $25.00 in South Dakota. This week at the North Dakota crush plants nearby NuSun prices increased 45 to 50 cents with high oleic increasing 30 to 50 cents. The July contract at the crush plants added 50 to 95 cents as well. Seed prices in the High Plains were unchanged this week. On Tuesday, USDA will release its latest planted acres report. Traders are anxious to confirm thoughts of soybean acres showing an increase from the March planting intentions report. Some in the trade think total planted U.S. soybean acres could be a bit north of 85 million this year. Corn acres are expected to show a decrease from the March report as difficult planting conditions in some areas had producers switching from corn to other crops with some acres going to prevent plant being too wet to plant. The trade expects sunflower acres to show an increase from 2019. In the March intentions report producers indicated they planned to increase oil acres by 13% with confection acres up 32% from last year. In the past week, producers planted an additional 90,000 acres pushing 2020 planted acres to about 1,394,000 acres. This represents 95% of this year’s projected planted acres.
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