Sunflower Highlights

Post Date: Feb 13 2023

Sunflower Production Update set for March 21

Sunflower producers and crop advisers interested in sunflower production management updates should plan to participate in the Zoom conference ‘2023 Getting-it-Right in Sunflower Production’ on Tuesday, March 21 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 sunflower surveys, plant nutrient and soil management, updates for weed, disease and insect management, combine fire prevention 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://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.

2022 North Dakota Sunflower Variety Trial results and selection guide now online

The North Dakota Sunflower Trial Results for 2022 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 2022 and Selection Guide | NDSU Agriculture and Extension

Markets

Old crop prices had a nice rally this week adding 50 cents to $1.25 per cwt. at the ND crush plants. High oleic old crop prices in the High Plains were unchanged. 2023 new crop prices were down 25 cents to unchanged at the crush plants. The crop insurance price discovery process continues for 2023 crop insurance price elections. Oil type sunflowers are at $30.50, and confections are $32.60 per cwt., The prices are down 10 cents from last week. To follow sunflower price election trends, watch the 2023 CBoT December soyoil contract through February 28. Final price elections will be announced in early March. The U.S. corn and soybean ending stocks are not tightening as much as expected, according to the latest USDA Supply & Demand and WASDE Reports. For soybeans, the U.S. ending stocks were 225 million bushels, exceeding both the trade’s expectation of 211 million bushels and USDA’s January estimate of 210 million bushels. The February reports focused largely on international production this month, as domestic supply estimates were largely settled in the January report. USDA pegged the 2022/2023 Brazil soybean output at a record 153.0 million metric tons (MMT) unchanged from the January outlook. For Argentina soybean output was estimated at 41.0 MMT versus the USDA's January estimate of 45.5 MMT. 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:

LaMoure County: February 16, 12:00 p.m., BankNorth Mall Community Room, LaMoure
Cass County: February 22, 10:00 a.m., Cass County Annex Bison Room, Fargo
Dickey County: February 24, 1:30 p.m., NDSU Extension Office, Dickey County Courthouse, Ellendale

For more information, visit www.oilseedcouncil.nd.gov

NSA scholarship available

The National Sunflower Association is seeking applicants for the Curtis Stern Memorial Scholarship. In tribute to the dedicated work of Curtis Stern, an industry advocate and former NSA board member. Preference will be given to students who are in their last two years of undergraduate studies or in graduate level studies and have maintained at least a cumulative 3.0 GPA on a 4.0=A scale. Application deadline is April 1, 2023. A total of $5,000 is available for the scholarship this year. Applications can be submitted online. Visit www.ndcf.net/receive/scholarships/stern.html to learn more. Contact Tina Mittelsteadt at tinam@sunflowernsa.com with any questions.

Upcoming Events

March 21, 2023 - Getting-it-Right in Sunflower Production Zoom Conference
June 27-29, 2023 - NSA Summer Seminar; Spearfish, SD

Markets at a Glance

Weekly Prices Recorded on Monday, February 13, 2023 ($/CWT)

	Deliver	Last Year	Last Week	This Week	Change	2023 NEW Crop
Chicago Oil	Nearby	65.81	59.31	60.14	+.83	58.48
West Fargo, ND	NuSun	30.00	21.25	21.75	+.50	24.65
West Fargo, ND	High Oleic	33.15	22.75	22.75	NC	25.90
Enderlin, ND	NuSun	32.20	20.25	21.50	+1.25	24.95
Enderlin, ND	High Oleic	32.70	21.75	22.50	+.75	26.15
Lamar, CO	High Oleic	31.50	25.00	25.00	NC	26.50

U.S. CRUDE OIL VALUES recorded on Monday, February 13, 2023
(dollars per 100 lb. internal U.S. locations)

	Last Year	Last Week	This Week	Change
Soybean Oil	74.81	64.31	65.14	+.83
Cotton Oil (pbsy)	105.81	104.31	105.14	+.83
Corn Oil	90.00	98.00	98.00	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.

NSA is an equal opportunity provider and employer. Anyone requesting special accommodation should notify NSA within a reasonable timeframe. NSA will accommodate reasonable requests.