Sunflower Highlights
Post Date: May 17 2021
Crop Progress - Monday, May 17, 2021
State This Week Last Week Last Year 5 Year Average
North Dakota        
Planted 11 2 2 11
South Dakota        
Planted 1 NA 3 3
Kansas        
Planted 8 1 14 4
Minnesota        
Planted 67 33 13 35
Colorado        
Planted 4 NA 18 5
Texas        
Planted NA NA 16 NA
Planters are rolling in the sunflower growing region
Planting of the 2021 sunflower crop is off to a good start with most states reporting planting progress at or ahead of the five-year average pace. Minnesota sunflower growers have made the most headway in planting this year’s crop. Kevin Capistran, Crookston, MN grower, finished planting his oil sunflowers the first week of May. He had to plant them at two inches deep to hit moisture but expects good emergence even without rain. However, Kevin, along with most growers in the Northern Plains would not mind if he got an inch or so of rain to get the crop off to a good start.
Shifting acres to sunflower choose the right hybrid
With the current drought in North Dakota, some producers may want to shift some acres from other crops to sunflower production. If you are considering changing acres, it would be important to select an appropriate hybrid. NDSU conducts yield trials at various locations across North Dakota each year. Sunflower hybrid trial results are available at: https://www.ag.ndsu.edu/varietytrials/sunflower
Markets
Another volatile week in the markets as technical selling and profit taking impacted CBoT prices after traders had more time to digest some bearish data from USDA’s May supply/demand and world crop production estimates. Traders thought USDA would drop the 2020/21 U.S. soybean ending stocks number but left it unchanged from April at 120 million bushels. The trade expected the USDA to lower stocks to 117 million bushels. For 2021/22 soybeans, the U.S. ending stocks were 140 million bushels versus the trade expectation of 138 million bushels. For corn, the USDA pegged the U.S. old crop ending stocks at 1.25 billion bushels versus the trade estimate of 1.20 billion bushels and the USDA’s April estimate of 1.35 billion. New crop ending stocks were projected at 1.50 billion bushels versus the trade estimate of 1.34 billion bushels. The other report highlight related to the drought stricken Brazilian corn crop, with USDA not lowering production as much as the trade had anticipated. Sunflower prices weathered the market sell off quite well. At the North Dakota crush plants, old crop prices were down 10 to up 15 cents. New crop prices were up 5 to 15 cents. High oleic old and new crop prices were unchanged at the Lamar crush plant in the past week. Commodity markets are expected to remain very dynamic in the weeks ahead as the battle for acres continues.
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