Sunflower Highlights

Post Date: Jan 10 2022

2022 NSA Research Forum is this week

The National Sunflower Association’s 44^th annual Sunflower Research Forum starts Wednesday, January 12. Researchers from the U.S. Department of Agriculture, North Dakota State University, South Dakota State University, Kansas State University, University of Nebraska and University of Central Florida will present their findings on sunflower studies they have conducted. Topics will cover everything from diseases, insects, irrigation, blackbirds, and more. The forum is set for January 12-13 at the Holiday Inn in Fargo, ND. This is an annual event designed to learn about research, promote discussion and stimulate creative thinking. It’s not too late to attend; you can register at the door on Wednesday morning! Visit 2022 NSA Research Forum (sunflowernsa.com) for more information.

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.

Markets

Sunflower prices were mixed at the crush plants last week. Nearby prices were down 5 cents to up 5 cents. 2022 new crop NuSun and High Oleic contracts were down 15 to 20 cents at the North Dakota crush plants with the High Plains unchanged. Sunflower is the only oilseed that pays premiums for oil content above 40%. Considering oil premiums that are offered at the crush plants on oil content above 40% at a rate of 2% price premium for each 1% of oil above 40%; this pushes a contract with 45% oil content gross return 10% higher per cwt. The AOG $26.35 contract increases to $29.00, and the cash $27.35 contract moves up to $30.10. 2022 new crop confection contracts are also available at the processing plants. On January 12, the USDA will issue an important monthly USDA report which will include updated US and World Supply and Demand tables, US Winter Wheat plantings, and Quarterly Stocks. In the report USDA, will release its latest estimate of 2021 sunflower production. Severe to exceptional drought conditions were prevalent throughout the key growing areas of the Dakotas and Minnesota this growing season. Traders will be eager to see how USDA factors in any potential effect of this year’s drought into the production numbers. On the CBoT, trading has been driven by positioning ahead of this week’s USDA reports and South American news. The dry weather in South America has given prices a boost in recent weeks.

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