Sunflower Highlights

Post Date: Feb 16 2021

High Plains Sunflower Production Webinar

This virtual webinar will be held February 22 from 2:30 to 5:00 pm CT. Speakers and topics are Dan O'Brien, K-State Ag Economist will be discussing sunflower budgets and the new farm budget tool from K-State. John Nowatzski, NDSU Machine Systems Specialist, will talk about how to avoid combine fires. Vipan Kumar, K-State Weed Scientist, will discuss weed control in sunflowers. Click on this link to register: www.sunflower.ksu.edu/agronomy. For more information call K-State NW Area Extension Office at 785-462-6281. CCA credits will be available. The webinar is a joint venture of the NSA High Plains Sunflower Committee, K-State and Colorado State University.

2021 South Dakota Pest Management Guides

SDSU Extension has released the 2021 South Dakota Pest Management Guides. Available for free on the SDSU Extension website, the guides provide updated recommendations for controlling weeds, insects, and diseases in sunflower. In addition, Pest Management Guides provide a comprehensive index of what pesticides are labeled for South Dakota fields.

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 this month. Here is a list by county:

Eddy County: February 19, 10:00 a.m., Zoom Meeting
Wells County: February 19, 10:00 a.m., Zoom Meeting
Towner County: February 23, 10:00 a.m., Zoom Meeting
Rolette County: February 24, 9:00 a.m., Extension Office, Rolla
Kidder County: February 25, 1;00 p.m., Tappen Hall, Tappen
Stutsman County: February 25, 11:30 a.m., Extension Office, Jamestown

District elections will be held in March. For more information, visit www.oilseedcouncil.nd.gov

SDSU Extension to host Virtual Crop Webinars

SDSU Extension will host a series of virtual Crop Hour webinars on March 2-5 from 10 to 11 a.m. CST. Topics will include weed control programs in sunflower, updating fertilizer recommendations, sunflower diseases 1.0, insect pests and pollinators. CCA credits will be available to attendees. There is no fee to attend but participants will need to register to receive Zoom links. For more information and to register go to: Crop Hour: Sunflower Webinars (sdstate.edu)

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, 2021. 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 learn more. Contact Tina Mittelsteadt at tinam@sunflowernsa.com with any questions.

Colorado Mills bids added to Daily Market News

High oleic nearby and new crop bids from the Colorado Mills crush plant in Lamar, CO will now be available on the NSA Daily Market News page: Daily Market News (sunflowernsa.com)

Upcoming Events

March 2-5, 2021 - SDSU Virtual Sunflower Webinars
March 12, 2021 - NSA High Plains Committee Meeting, Goodland, KS
June 22-24, 2021 – NSA Summer Seminar, Duluth, MN

Markets

Old crop NuSun and high oleic prices were unchanged to up 30 cents this week. New crop NuSun and high oleic prices were up 25 to 30 cents. The crop insurance price discovery process continues for 2021 crop insurance price elections. Oil type sunflowers are at $21.40 and confections are $26.50 per cwt., This represents an increase of 20 cents per cwt. from last week. Last year at this same time, oil type sunflowers were at $17.10 and confections were $22.90 per cwt. To follow sunflower price election trends, watch the 2021 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. USDA reported bigger corn and soybean carryout estimates than trade estimates, disappointing market analysts. USDA pegged the 2020/2021 Brazil soybean output at 133.0 million metric tons (MMT) versus the trade's expectation of 133.0 MMT and the USDA's January estimate of 132 MMT. If realized this would represent an additional 7 MMT of Brazilian beans in comparison to last year’s production. Soybean production in Argentina was left unchanged at 47.5 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.

Markets at a Glance

Weekly Prices Recorded on Tuesday, February 16, 2021 ($/CWT)

	Deliver	Last Year	Last Week	This Week	Change	2021 NEW Crop
Chicago Oil	Nearby	30.48	45.63	47.27	+1.64	42.24
West Fargo, ND	NuSun	19.90	19.70	20.00	+.30	20.35
West Fargo, ND	High Oleic	20.10	19.90	20.20	+.30	20.60
Enderlin, ND	NuSun	19.80	19.60	19.60	NC	20.45
Enderlin, ND	High Oleic	20.00	19.60	19.70	+.10	20.70
Goodland, KS	NuSun	18.75	18.65	18.75	+.10	Call
Goodland, KS	High Oleic	19.50	19.65	19.75	+.10	Call
Lamar, CO	High Oleic	NA	20.00	20.00	NC	20.45

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, February 16, 2021
(dollars per 100 lb. internal U.S. location)

	Last Year	Last Week	This Week	Change
Soybean Oil	30.38	46.63	48.52	+1.89
Cotton Oil (psby)	39.48	69.66	77.27	+7.61
Corn Oil	39.00	63.00	63.00	NC

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