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Post Date:
Feb 12 2024
Sunflower Production Update set for February 27
Sunflower producers and crop advisers interested in sunflower production management updates should plan to participate in the Zoom conference
‘2024 Getting-it-Right in Sunflower Production’ on Tuesday, February 27 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 sunflower agronomy, hybrid data, soil considerations and plant nutrition, updates for weed, disease and insect management, and a market update. 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://www.ndsu.edu/agriculture/ag-hub/getting-it-right
.
This site also has video links to the previous sunflower production meeting. All who preregister will receive emailed instructions on how to participate in the meeting. The program is free of charge.
2023 North Dakota Sunflower Variety Trial results and selection guide now online
The North Dakota Sunflower Trial Results for 2023 and selection guide are now available online. Producers can find data about hybrid performance throughout the state and information about yield and other information needed for accurate selection of sunflower hybrids for agricultural production in North Dakota. Find the guide here:
North Dakota Sunflower Variety Trial Results for 2023 and Selection Guide | NDSU Agriculture
Markets
The crop insurance price discovery process continues for 2024 crop insurance price elections. Oil type sunflowers are $23.87, and confections are $28.87 per cwt., The prices are up 37 cents from last week. To follow sunflower price election trends, watch the 2024 CBoT December soyoil contract through February 29. Final price elections will be announced in early March. Last week, USDA released the February World Agricultural Supply and Demand Estimates (WASDE) report. USDA raised ending stock estimates for U.S. corn, soybeans, and wheat more than traders expected. For soybeans, the U.S. ending stocks were pegged at 315 million bushels, vs. the trade's expectation of 284 million and last month's estimate of 280 million bushels. The February reports focused largely on international production this month, as domestic supply estimates were largely settled in the January report. USDA trimmed Brazilian soybean production forecasts, although not as deeply as some had predicted. 2023/2024 Brazil soybean output was pegged at 156.0 million metric tons (MMT) down 1 MMT from the January outlook. For Argentina soybean output was estimated at 50.0 MMT unchanged from USDA's January estimate. Based on these figures it is safe to continue assuming that South America will harvest another big soybean crop this year. With the release of the latest USDA production forecasts, traders will focus on the U.S. export sales pace, South American weather, yield reports, and harvest progress.
Upcoming North Dakota County Elections
Growers are invited to attend elections in their county for the sunflower representatives to the North Dakota Oilseed Council. Elections are being held in several areas in February. Here’s a list by county:
Logan County, February 13, 2:30 p.m., Logan County Courthouse, Commissioner's Room, Napoleon
Burleigh County, February 13, 12:00 p.m., Bismarck Event Center, Room 101, Bismarck
Foster County: February 14, 10:00 a.m., NDSU Carrington REC, Carrington
Benson County: February 22, 10:00 a.m., Benson County Courthouse Courtroom, Minnewaukan
McIntosh County: February 26, 1:00 p.m., American Legion, Ashley
For more information, visit
www.oilseedcouncil.nd.gov
Chlorpyrifos Use Reinstated for Sunflowers
The Environmental Protection Agency (EPA) has amended its regulations to reflect the current legal status of chlorpyrifos tolerances. Recently, a federal appeals court overturned EPA’s 2021 ban on all uses of the pesticide in food crops. Producers can now use currently registered chlorpyrifos products on all crops including sunflowers with reinstated tolerances, consistent with directions for use on those product labels.
Upcoming Events
February 27, 2024 -
Getting-it-Right in Sunflower Production Zoom Conference
June 25-27, 2024 -
NSA Summer Seminar; Duluth, MN
Markets at a Glance
Weekly Prices Recorded on Monday, February 12, 2024 ($/CWT)
Deliver
Last Year
Last Week
This Week
Change
2024 NEW Crop
Chicago Oil
Nearby
60.14
45.33
46.90
+1.57
46.48
West Fargo, ND
NuSun
21.75
NQ
NQ
NC
NQ
West Fargo, ND
High Oleic
22.75
NQ
NQ
NC
19.25
Enderlin, ND
NuSun
21.50
13.50
13.50
NC
NQ
Enderlin, ND
High Oleic
22.50
13.75
13.75
NC
19.00
Lamar, CO
High Oleic
25.00
15.70
15.70
NC
20.00
U.S. CRUDE OIL VALUES recorded on Monday, February 12, 2024
(dollars per 100 lb. internal U.S. locations)
Last Year
Last Week
This Week
Change
Soybean Oil
65.14
48.33
49.90
+1.57
Cotton Oil (pbsy)
105.14
70.33
71.90
+1.57
Corn Oil
98.00
60.00
61.00
+1.00
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