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Sunflower Highlights
Post Date:
Jun 20 2023
Crop Progress - Tuesday, June 20, 2023
State
This Week
Last Week
Last Year
5 Year Average
North Dakota
Planted
91
75
81
70
Emerged
61
39
46
57
South Dakota
Planted
89
70
79
78
Emerged
42
23
NA
NA
Kansas
Planted
70
33
56
67
Minnesota
Planted
100
96
98
99
Colorado
Planted
73
55
64
70
Texas
Planted
76
72
74
73
Harvested
NA
1
NA
3
Research talks at Summer Seminar
You don’t want to miss these talks at the Summer Seminar. Dr. Brent Hulke USDA/ARS will provide an update on current staffing and projects. He will discuss recent initiatives that they have become involved with as a part of new appropriations from Congress, and planning for the Sunflower Breeding Initiative, for which NSA is currently trying to obtain funding. Dr. Dave Horvath USDA/ARS will provide evidence that weeds reduce crop yield, not by competing for resources, but rather because the weeds cause changes in the crops that prevent them from reaching their yield potential. He will discuss the mechanisms by which weeds induce these changes, and then present ideas for how this new information can be used to make crops that are blind to weeds.
Send us your story ideas!
We are already working on the 2023-24 issues of
The
Sunflower, and we want your help! Growers, researchers, industry members – what topics would you like us to write about? Submit your ideas to:
johns@sunflowernsa.com
Markets
Nearby and new crop sunflower prices at the crush plants were unchanged this week. The recently released USDA supply and demand report was considered a non-event by many traders. The USDA figures were closely aligned with trade expectations and had 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 as dry and warm weather allowed producers to make excellent planting progress in the past week. Planting continues in all states and is ahead of last year at this same time and the five-year average in Colorado, Kansas, Minnesota, and the Dakotas. As of June 18, 89% of the expected 2023 sunflower acreage was in the ground, up from 72% from the week prior and ahead of the five-year average of 81%. Weather conditions are expected to continue to be favorable in the next two weeks for planting. On June 30, USDA will release its 2023 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.
Reminder about stored seed
Producers who have stored seed are reminded to keep a close eye on seed moisture. Verify the seed moisture content is dry enough for storage at summer temperatures. The recommended long-term moisture contents are 8 percent for oil sunflower and 10 percent for confectionary sunflower. The market moisture content may be higher but storing warm grain at higher moisture contents may lead to mold growth. Mold growth and insect infestations occur rapidly at summer temperatures so stored grain should be checked every two weeks. Visit:
Harvest & Storage Resources (sunflowernsa.com)
for more information on how to safely store seed.
Registration Continues for 2023 NSA Summer Seminar
Registration continues for the 2023 NSA Summer Seminar, scheduled for June 27-29, 2023. This year’s Summer Seminar will be held in Spearfish, South Dakota. You can register on our website – go to
2023 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 $375 and golf at $160 and will increase at the door. To make your hotel reservation,
call 605-642-4683 or go to:
Hotel in Spearfish | Holiday Inn Spearfish-Convention Center Hotel (ihg.com)
. Contact Tina Mittelsteadt at
tinam@sunflowernsa.com
with questions.
Upcoming Events
June 27-29, 2023
-
NSA Summer Seminar; Spearfish, SD
Markets at a Glance
Weekly Prices Recorded on Tuesday, June 20, 2023 ($/CWT)
Deliver
Last Year
Last Week
This Week
Change
2023 NEW Crop
Chicago Oil
Nearby
73.37
53.98
59.63
+5.65
57.66
West Fargo, ND
NuSun
42.50
19.10
19.10
NC
20.35
West Fargo, ND
High Oleic
43.00
19.60
19.60
NC
21.55
Enderlin, ND
NuSun
41.50
18.80
18.80
NC
20.35
Enderlin, ND
High Oleic
42.25
19.30
19.30
NC
21.55
Lamar, CO
High Oleic
40.50
20.25
20.25
NC
22.40
U.S. CRUDE OIL VALUES recorded on Tuesday, June 20, 2023
(dollars per 100 lb. internal U.S. locations)
Last Year
Last Week
This Week
Change
Soybean Oil
84.87
59.98
66.63
+6.65
Cotton Oil (pbsy)
113.37
98.98
94.63
-4.35
Corn Oil
151.00
71.00
70.00
-1.00
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.
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