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Sunflower Highlights

Post Date: Nov 12 2019

Crop Progress

Sunflower harvest continues to slowly move along in the US.

Crop Progress - Tuesday, November 12, 2019 State This Week Last Week Last Year 5 Year Average North Dakota         Harvested 31 25 67 77 South Dakota         Harvested 47 28 54 75 Minnesota         Harvested 50 37 82 89 Kansas         Harvested 81 63 61 68 Colorado         Harvested 84 78 54 73 Texas         Harvested 85 83 81 85

Seed Quality High Plains 2019 2018 Oil Content 40.8% 41.3% Foreign Material 5.5% 4.9% Moisture 6.6% 8.0% Test Weight 29.1 lbs 28.0 lbs Northern Plains 2019 2018 Oil Content 42.8% 44.3% Foreign Material 5.8% 3.4% Moisture 11.2% 8.8% Test Weight 29.3 lbs 31.6 lbs

Hamilton Systems Announces Acquisition of Italian Manufacturer Fantini

Hamilton Systems, located in Drayton, N.D., has officially purchased the Fantini company and factory in Medole, Italy, where Fantini corn headers are manufactured. Location of the factory will remain in Medole, where most of the employees will retain their position within the company. Mark Hatloy and Ken Nordstrom are the new owners of Fantini. The parent company, Hamilton Systems, will remain in Drayton, N.D.

Call for Papers Can Now Be Submitted Electronically

There’s still time to submit a research paper to be presented at the NSA Research Forum, set for January 8-9, 2020 in Fargo, ND and we’ve made  it even easier to submit your presentations, whether a paper or poster. Click here to submit your paper or 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 to learn more. 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 15, 2019.

Register Now for the 2020 NSA Research Forum

Registration is now open for the 2020 NSA Research Forum, scheduled for January 8-9, 2020 at the Holiday Inn (3803 13thAve. S, Fargo, ND). Click here to register for the forum at the early bird price of $130. You’ll find hotel information there as well.

Grower Report

After a very wet fall, Crookston, MN area grower Kevin Capistran says he was pleasantly surprised with his sunflower crop. Capistran finished harvesting on Halloween and says yields averaged 2,500-2,600 lbs, which is better than he anticipated after the rain and snow in early October.

Upcoming Events

December 10-11, 2019 – Ag Horizons, Pierre, SD  December 12, 2019 – High Plains Committee Meeting, Goodland, KS January 8-9, 2020 – NSA Research Forum, Holiday Inn, Fargo, ND  June 23-25, 2020 – NSA Summer Seminar, Spearfish, SD

Markets

Sunflower harvest continues to slowly move along in the US. In the past week, producers harvested an additional 149,000 acres pushing 2019 harvested acres to about 538,000 acres. This represents 44% of this year’s projected harvested acres and is behind the five-year average of 75%. Producers in Colorado, Kansas and Texas continue to make excellent harvest progress and are well ahead of the five-year average pace. In the Dakotas and Minnesota harvest remains behind the five-year average. Nearby prices continue to offer a premium and incentive to deliver to crush plants. Deliveries are picking up as producers are prioritizing sunflower harvest to take advantage of current prices. Last week USDA released its 2020 crop outlook report, which includes an estimated 94.5 million acres of corn next spring up 5% from this year. USDA also anticipates farmers will plant 84 million acres of soybeans up 10% this coming season, with total wheat seedings remaining flat at 45 million acres.Forecast yields used by USDA would result in the largest corn crop ever and the fourth-largest soybean crop in US history. If realized this would create market anxiety as a return to normal weather in 2020 could result in bumper corn and soybean crops driving down market prices and create huge stockpiles that could take years to whittle down given the current trade environment. USDA did not give an estimate for 2020 sunflower acres.

Weekly Prices Recorded on Tuesday, November 12, 2019 ($/CWT)   Deliver Last Year Last Week This Week Change 2019 NEW Crop Chicago Oil Nearby 27.71 31.87 31.08 -.84 32.36 Fargo, ND NuSun 16.70 18.00 18.10 +.10 17.75 Fargo, ND High Oleic NQ 18.40 18.50 +.10 18.25 Enderlin, ND NuSun 16.55 18.05 18.10 +.05 17.80 Enderlin, ND High Oleic 16.55 18.45 18.50 +.05 18.30 Goodland, KS NuSun 16.65 17.10 17.10 NC 17.40 Goodland, KS High Oleic 17.75 18.30 18.30 NC 18.65 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 Tuesday, November 12, 2019 (dollars per 100 lb. internal U.S. location)   Last Year Last Week This Week Change Soybean Oil 27.11 31.47 30.53 -.94 Cotton Oil (psby) 29.71 40.87 38.03 -2.84 Corn Oil 30.00 29.00 29.00 NC