Sunflower Highlights
Post Date: Jun 24 2024
Crop Progress - Monday, June 24, 2024
State This Week Last Week Last Year 5 Year Average
North Dakota        
Planted 96 89 95 92
Emerged 75 51 75 71
South Dakota        
Planted 91 82 95 91
Emerged 59 26 56 --
Planted 89 82 99 98
Planted 82 69 79 77
Planted 82 56 83 80
Planted 82 71 79 76
Crop Conditions - Monday, June 24, 2024
State Very Poor Poor Fair Good Excellent
North Dakota 0 1 22 75 2
Minnesota 0 3 22 63 12
Colorado NA NA NA NA NA
South Dakota NA NA NA NA NA
Grower report
Kennedy, MN area producer Tom Dowdle says he completed planting about 3 weeks ago. He planted 700+ acres this year. He has received a significant amount of rain but not as much as 8-10 miles south of him.  Temperatures will be in the upper 70’s with more chances of rain this week. His sunflowers have emerged and are currently 8 to 10 inches tall. He will be spraying for weeds soon.
Nearby prices were unchanged at the crush plants last week. It’s the busiest time of year across the sunflower growing region as farmers finish up planting spring 2024 crops and begin crop protection activities over the next few weeks. Planting is nearing the finish line for sunflowers. As of June 23, 93% of expected 2024 sunflower acreage was in the ground, up from 84% from the week prior and ahead of the five-year average of 90%. On Friday, USDA will release its latest planted acres report. In the March intentions report producers indicated they planned to decrease oil acres by 31% with confection acres holding steady from last year. Traders are anxious to confirm if this change in acres occurred or is higher than USDA estimates. If the March numbers come about U.S. sunflower production is forecast to be 1.6 billion pounds, which would represent a decrease of 29 percent from last year. The lower production is based on a decrease in planted area from 1.32 million to 957,500 acres and trend yields for oil type and confection sunflowers. Oil type sunflower production is projected to decline to 1.4 billion pounds, down 30 percent from MY 2023/24. Look for demand news and position squaring ahead of USDA’s acreage report to guide the market this week. USDA’s acreage report will be the main driver in the market following its release.
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