Sunflower Highlights
Post Date: Dec 20 2021
Register Now for the 2022 NSA Research Forum
Registration is now open for the 2022 NSA Research Forum, scheduled for January 12-13, 2022 at the Holiday Inn (3803 13th Ave. S, Fargo, ND) Visit 2022 NSA Research Forum (sunflowernsa.com) to register for the forum at the early bird price of $130.  You’ll find hotel information there as well. 
Sunflower Production Update set for February 1
Sunflower producers and crop advisers interested in sunflower production management updates should plan to participate in the Zoom conference ‘2022 Getting-it-Right in Sunflower Production’ on Tuesday, February 1 from 8:30 a.m. to noon CST. The program will be conducted by North Dakota State University Extension and is supported by NSA. Topics that will be covered range from hybrid selection, what has been learned from the fall 2021 sunflower survey, plant nutrient and soil management, updates for weed, disease and insect management, and sunflower marketing. Attendees will receive a list of several pertinent extension sunflower production resources as reference materials and are supplemental to the presentations. The presentations will be recorded and archived.
 
Certified crop adviser continuing education credits will be available for meeting participants. Pre-registration is required at https://tinyurl.com/fdfwbt4d All who preregister will receive emailed instructions on how to participate in the meeting. The program is free of charge.
Follow NSA on social media
Make sure to like us on Facebook (www.facebook.com/sunflowernsa) and follow us on Twitter (twitter.com/NatlSunflower) to keep up to date on daily happenings in the industry.
Markets
Nearby prices were down 20 cents to unchanged at the crush plants this week. 2022 new crop was down 25 cents to unchanged. Last week the U.S. Federal Reserve provided multiple indications that its run of ultra-easy monetary policies since the beginning of the Covid pandemic is ending, making aggressive policy moves in response to rising inflation. The Fed plans to raise interest rates and dial back its bond purchases. The Fed hopes this will lead to a stronger dollar and tamp down inflation. While this will be good for U.S. consumers it will make U.S. exports more expensive for overseas customers. The past few weeks the value of the U.S. dollar has been rising against a basket of other major currencies. A stronger dollar is not beneficial to exports and could make U.S. commodities less attractive to foreign buyers. The stronger dollar, demand news and La Nina weather conditions in South America will all be attentively watched by CBoT traders. Traders are closely watching South American oilseed production prospects and is guiding price direction. They are also gearing up for USDA’s annual crop production report that will be released in early January. Yield, acreage, and production adjustments for most crops will likely be included in the annual crop production report release. Sunflower yield, acreage and production will be updated from the October estimates. With the holiday season upon us trading will probably be somewhat quiet and may trade sideways until after the holidays.
Production guides available on NSA website
It’s never too early to think about spring planting. Our Sunflower Production Resource Books have lots of helpful information. Visit www.sunflowernsa.com/growers/Production-Resource-Books/ to check out the book for your area. The books provide guidelines and recommendations on production practices, pest identification, field selection and more.
Yield Trial Data Available
When deciding whether to plant NuSun or high oleic hybrids on your farm do some research to see which hybrids will have the best yields in your growing area. Yield trials conducted by USDA and universities are an important way for producers to look at a hybrid's performance in several locations, over several years and environments. Use this link to the NSA website to see the latest yield trial data: Yield Trials & Hybrid Disease Ratings (sunflowernsa.com)
Holiday break
This edition of Sunflower Highlights will be the last for 2021. We will return with the weekly newsletter on January 10, 2022. Happy holidays!
Upcoming Events
  • January 12-13, 2022 - NSA Research Forum; Holiday Inn, Fargo, ND
  • February 1, 2022 - Getting-it-Right in Sunflower Production; Zoom Conference
  • June 28-30, 2022NSA Summer Seminar; Grand Forks, ND
Seed Quality - Monday, December 20, 2021
High Plains 2021 2020 Northern Plains 2021 2020
Oil Content 40.0% 39.4% Oil Content 44.4% 43.2%
Foreign Material 6.7% 6.9% Foreign Material 3.5% 3.8%
Moisture 6.5% 7.1% Moisture 8.7% 8.4%
Test Weight 29.3 lbs. 29.0 lbs. Test Weight 31.0 lbs. 29.8 lbs.
Weekly Prices Recorded on Monday, December 20, 2021 ($/CWT)
  Deliver Last Year Last Week This Week Change 2022 NEW Crop
Chicago Oil Nearby 39.96 53.24 52.94 -.30 52.26
West Fargo, ND NuSun 19.15 31.75 31.55 -.20 26.60
West Fargo, ND High Oleic 18.65 32.35 32.35 NC 27.10
Enderlin, ND NuSun 18.90 31.90 31.90 NC 27.05
Enderlin, ND High Oleic 18.90 32.10 32.10 NC 27.30
Lamar, CO High Oleic NQ 31.50 31.50 NC 27.50
U.S. CRUDE OIL VALUES recorded on Monday, December 20, 2021
(dollars per 100 lb. internal U.S. location)
  Last Year Last Week This Week Change
Soybean Oil 40.71 66.35 65.94 -.41
Cotton Oil (pbsy) 56.96 93.35 92.94 -.41
Corn Oil 69.00 86.00 86.00 NC
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