Sunflower Highlights
Post Date: Dec 05 2022
NSA Board of Directors elect officers
Tom Kirkmeyer
      Tom Kirkmeyer

Brighton, CO producer Tom Kirkmeyer is the new NSA Board President. Kirkmeyer was elected at last week’s board meeting, held on November 30-December 1. Kirkmeyer will replace Lemmon, SD producer Lance Hourigan as president. Hourigan will now serve as NSA Board Chairman. Chuck Todd, producer from Onida, SD was elected first vice president and Josh Greff, producer from Regent, ND was elected second vice president. Lacey Zahradka of Archer Daniels Midland was re-elected as the NSA Secretary-Treasurer.
Call for papers
Here’s your chance to be a part of the National Sunflower Association’s Research Forum. We are looking for research papers to be presented at the NSA Research Forum, set for January 11-12, 2023, 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. Visit https://www.sunflowernsa.com/Research/Call-for-Papers-2023-Forum/ if you are interested in presenting a paper. 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 December 12, 2022.
Markets
Sunflower harvest is largely finished up for the 2022 growing season across the country and remains mostly ahead of historical benchmarks as the season ends. In the past week nearby prices ended the week on the downside as sunflower prices followed the soyoil selloff on the Chicago Board of Trade. CBoT soyoil prices slumped lower after Ukraine released a significant amount of sunflower oil for export earlier in the week. Nearby NuSun ended $1.45 to $1.75 lower with high oleic down 95 cents to $1.50 per cwt. 2023 new crop was down 25 cents to unchanged for the week. In spite of the losses this week prices remain stronger than normal for this time of the year at the crush plants. With the 2022 U.S. harvest in the books, traders will increasingly look to South America for price signals in the coming months. Production in Brazil and Argentina is expected to be record large this growing season. However, drought conditions are present in some areas and could affect production. Given the potential of record breaking South American soybean production, this bears watching as international trade would assume much of the impact and could affect new crop oilseed prices. Overall price direction will be determined by export demand news and South American oilseed production prospects in the near term. USDA will release its supply and demand report this week. Traders are anticipating that any significant changes to production, stocks and usage will come in the January report.
Register Now for the 2023 NSA Research Forum
Registration is now open for the 2023 NSA Research Forum, scheduled for January 11-12, 2023 at the Holiday Inn (3803 13th Ave. S, Fargo, ND) Visit 2023 NSA Research Forum (sunflowernsa.com) to register for the forum at the early bird price of $130.  You’ll find hotel information there as well.
Wall elected to NSA Board
Jed Wall was recently elected to represent the hybrid seed industry on the NSA Board of Directors. Wall is currently a Field Sales Manager for Nuseed a subsidiary of Nufarm Chemical. Prior to joining Nuseed, Jed was the Sunflower Business Development Lead for Legend Seeds. Wall has over 26 years of experience in the sunflower industry with significant knowledge on the North American sunflower business. Jed resides in Wahpeton, North Dakota and serves as a volunteer for many local organizations giving back to agricultural education. Currently Jed serves as Treasurer for Farm Rescue, an organization dedicated to supporting farm families in need.
Upcoming Events
January 11-12, 2023 - NSA Research Forum; Holiday Inn; Fargo, ND
June 27-29, 2023 - NSA Summer Seminar; Spearfish, SD
Seed Quality - Monday, December 5, 2022
High Plains 2022 2021 Northern Plains 2022 2021
Oil Content 40.2% 40.0% Oil Content 44.3% 44.6%
Foreign Material 5.9% 6.7% Foreign Material 4.1% 3.9%
Moisture 7.3% 6.5% Moisture 9.2% 8.3%
Test Weight 29.0 lbs. 29.3 lbs. Test Weight 30.2 lbs. 31.8 lbs.
Weekly Prices Recorded on Monday, December 5, 2022 ($/CWT)
  Deliver Last Year Last Week This Week Change 2023 NEW Crop
Chicago Oil Nearby 57.79 76.07 64.90 -11.17 59.84
West Fargo, ND NuSun 31.50 25.75 24.00 -1.75 26.25
West Fargo, ND High Oleic 32.45 27.00 25.50 -1.50 27.50
Enderlin, ND NuSun 32.15 25.85 24.40 -1.45 26.55
Enderlin, ND High Oleic 32.35 26.85 25.90 -.95 27.55
Lamar, CO High Oleic 31.50 28.00 27.00 -1.00 27.00
U.S. CRUDE OIL VALUES recorded on Monday, December 5, 2022
(dollars per 100 lb. internal U.S. locations)
  Last Year Last Week This Week Change
Soybean Oil 70.86 82.57 69.07 -13.50
Cotton Oil (pbsy) 97.86 126.07 112.57 -13.50
Corn Oil 86.00 119.00 119.00 NC

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.
 
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