National Sunflower Association
http://sunflowernsa.com/smartmail/sunflower-highlights-november-16-2020/
National Sunflower Association

Sunflower Highlights

Crop progress
Harvest is well ahead of last year in the Dakotas; North Dakota's sunflower harvest is 93% finished, compared to just 33% a year ago.

Crop Progress - Monday, November 16, 2020
State This Week Last Week Last Year 5 Year Average
North Dakota        
Harvested 93 85 33 73
South Dakota        
Harvested 81 74 48 75
Minnesota        
Harvested 100 100 69 95
Colorado        
Harvested 99 94 90 83
Kansas        
Harvested 91 79 89 80
Texas        
Harvested 92 88 86 86


Seed Quality
High Plains 2020 2019
Oil Content 40.2% 39.6%
Foreign Material 5.8% 7.1%
Moisture 8.0% 6.7%
Test Weight 29.4 lbs 28.3 lbs
Northern Plains 2020 2019
Oil Content 43.7% 42.6%
Foreign Material 3.5% 6.1%
Moisture 9.7% 11.7%
Test Weight 30.1 lbs 31.5 lbs


Grower report
Lindsborg, KS grower Karl Esping is about two-thirds done with his sunflower harvest. He says despite a very dry August, his 400 acres of high oleic sunflowers look pretty good. Esping says the area has been hit with some strong winds lately, but his sunflowers are still standing.

Register now for the 2021 NSA Research Forum
Registration is now open for the 2021 NSA Research Forum. The forum will be held via Zoom on January 13-14, 2021. Registration will be $25. To register, click here. Closer to the event, you’ll receive a link to attend the forum virtually.

Markets
Nearby NuSun and high oleic prices at the crush plants were up 15 to 45 cents following the rally in the soy complex on the Chicago Board of Trade. Overall, NuSun and high oleic prices continue to trade 60 cents to $1.06 per cwt. higher than the 60 day moving average at the crush plants. 2021 new crop was up an additional 15 to 30 cents this week. 2021 new crop sunflower prices are out at the ADM Goodland with Act of God (AOG) contracts available. AOG NuSun is at $18,65 with High Oleic prices at $19.65 per cwt. Something else to consider is the oil premiums that crush plants pay on sunflower. 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. Very favorable weather conditions in the past week allowed sunflower producers to make good harvest progress. Harvest progress advanced 7% to 89% complete for the week ending November 15. Harvest progress remains 14% ahead of the five-year average. In the past week, producers harvested an additional 110,000 acres pushing 2020 harvested acres to about 1,361,000 acres. Harvest progress remains about one week to ten days ahead of the five year average.

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