Sunflower Highlights

Post Date: Jun 10 2024

Crop Progress - Monday, June 10, 2024

State	This Week	Last Week	Last Year	5 Year Average
North Dakota
Planted	75	50	65	66
Emerged	19	NA	32	26
South Dakota
Planted	53	27	62	49
Emerged	10	NA	18	4
Kansas
Planted	46	21	29	41
Minnesota
Planted	65	62	95	85
Colorado
Planted	42	27	50	45
Texas
Planted	53	47	69	64

Grower report

Bismarck, ND area producer Clark Coleman says he is done planting this year’s sunflower crop. His planting conditions this year were one of the best he has ever had. It rained whenever it was needed. His sunflowers are currently at the v-2 growth stage.

Registration continues for the 2024 NSA Summer Seminar, scheduled for June 25-27, 2024. This year’s Summer Seminar will be held in Duluth, Minnesota. You can register on our website – go to 2024 NSA Summer Seminar (sunflowernsa.com). You’ll find our schedule as well as hotel information and more. The program has been finalized and is on the website. Registration is $400 and golf at $160 and will increase at the door. To make your hotel reservation, call 218-481-1185 Ext. 2. Contact Tina Mittelsteadt at tinam@sunflowernsa.com with questions.

Markets

New crop was unchanged to up $1.00 with nearby prices unchanged to up 75 cents this week at the crush plants. Next week USDA releases its latest supply and demand report. The USDA figures are expected to be closely aligned with trade expectations that have been priced into the market. Traders will likely continue to grapple with supplies showing up on the balance sheet as the marketing year unfolds but are more concerned with weather conditions in the U.S. in the near term. Sunflower producers are in the home stretch of wrapping up this year’s planting season. Planting continues in all states and is slightly ahead of the five-year averages in Kansas, North Dakota and South Dakota. Colorado, Texas, and Minnesota are behind the five-year average planting pace. In the past week, producers made excellent progress and planted an additional 215,000 acres pushing 2024 planted acres to about 576,000 acres. This represents 64% of this year’s projected planted acres and is ahead of the five-year average of 56%. Last year at this same time 61% of total projected acres were planted. Weather conditions are expected to continue to be favorable in the next two weeks for planting. On June 28, USDA will release its 2024 planted acres report and will be an important factor in determining old and new crop prices. Look for demand news and position squaring ahead of USDA’s acreage report to guide the market this week.

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