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Sunflower Highlights

Post Date: Nov 22 2021

Crop Progress - Monday, November 22, 2021 State This Week Last Week Last Year 5 Year Average North Dakota         Harvested 90 83 95 78 South Dakota         Harvested 90 83 88 80 Minnesota         Harvested 100 100 100 99 Colorado         Harvested 94 82 100 91 Kansas         Harvested 93 89 94 88 Texas         Harvested 100 98 95 88

Seed Quality - Monday, November 22, 2021 High Plains 2021 2020 Northern Plains 2021 2020 Oil Content 39.9% 39.4% Oil Content 45.3% 43.8% Foreign Material 6.9% 6.6% Foreign Material 3.9% 4.3% Moisture 6.5% 7.3% Moisture 8.7% 9.6% Test Weight 29.2 lbs. 28.7 lbs. Test Weight 32.6 lbs. 29.8 lbs.

USDA to collect 2021 crop production and stocks data

As the 2021 growing season comes to an end, the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) will contact producers nationwide to gather final year-end crop production numbers and the amount of grain and oilseeds stored on their farms. At the same time, NASS will survey grain facility operators to determine year-end off-farm grain and oilseed stocks. Responses to the survey will be used in calculating county-level yields, which have a direct impact on farmers. USDA’s Farm Service Agency may use the data in administering producer programs and in determining disaster assistance program calculations. All responses are completely confidential. Survey results will be published in several reports, including the Crop Production Annual Summary  and the quarterly Grain Stocks report, both to be released on January 12. These and all NASS reports are available online at  www.nass.usda.gov.

Markets

2022 new crop contracts continue to roll out. Last week Red River Commodities announced it is offering new crop contracts for oils, conoils, confection and organic conoils. New crop confection and conoil contracts are also available with CHS Sunflower. Other confection processors are expected to announce new crop contracting opportunities soon if they have not already done so. Nearby sunflower prices continue to trade significantly above last year’s level and are trading 37 cents to $1.28 per cwt. higher than the 60-day moving average at the crush plants. Nearby NuSun and high oleic prices at the crush plants ended the week unchanged to up 50 cents. 2022 new crop at the crush plants continued to move higher adding an additional 15 to 50 cents. Sunflower harvest is getting closer to the finish line for this season. Very favorable weather conditions in the past week allowed sunflower producers to make good harvest progress. Harvest progress advanced 7% to 91% complete for the week ending November 21. Harvest progress remains 10% ahead of the five-year average. In the past week, producers harvested an additional 75,690 acres pushing 2021 harvested acres to about 1,037,000 acres. Crop quality remains very good, and yields have been above expectations in most cases. Harvest progress remains about equal to the five-year average. Last year at this same time 93% was in the bin.

Register Now for the 2022 NSA Research Forum

Registration is now open for the 2022 NSA Research Forum, scheduled for January 12-13, 2022 at the Holiday Inn (3803 13th Ave. S, Fargo, ND) Visit 2022 NSA Research Forum (sunflowernsa.com) to register for the forum at the early bird price of $130. You’ll find hotel information there as well.

Red River Commodities expands Suntein™

Red River Commodities has expanded its Suntein™ ingredient line to include a Ready-to-Eat option. Suntein™ is a sustainable, non-GMO alternative to soy, wheat, whey or other allergenic plant-based proteins that meets clean label requirements. Bar, beverage, and dry mix applications will benefit from this pasteurized, 51% naturally derived protein flour made from high-oleic sunflower kernels. For more information or samples please reach out to the Suntein™ team by email to suntein@redriv.com or by phone at 701-282-2600. Website: www.suntein.us

Sign up for E-Publications

Would you like to get a link to a digital copy of Sunflower Highlights each week in your email? It’s easy! Visit www.sunflowernsa.com/smartmail/  to sign up. You can sign up for a digital copy of our magazine, The Sunflower, there too. And for sunflower prices at various locations, visit www.sunflowernsa.com/growers/Marketing/daily-market-news/

Upcoming Events

November 30-December 1, 2021 - Ag Horizons Conference; Ramkota, Pierre, SD January 12-13, 2022 - NSA Research Forum; Holiday Inn, Fargo, ND June 28-30, 2022 - NSA Summer Seminar; Grand Forks, ND

Markets at a Glance

Weekly Prices Recorded on Monday, November 22, 2021 ($/CWT)   Deliver Last Year Last Week This Week Change 2022 NEW Crop Chicago Oil Nearby 38.55 58.20 59.41 +1.21 55.35 West Fargo, ND NuSun 18.60 32.15 32.25 +.10 27.20 West Fargo, ND High Oleic 18.55 32.45 32.60 +.15 27.70 Enderlin, ND NuSun 18.60 32.25 32.25 NC 27.60 Enderlin, ND High Oleic 18.60 32.45 32.45 NC 27.85 Lamar, CO High Oleic NQ 31.00 31.50 +.50 27.50

U.S. CRUDE OIL VALUES recorded on Monday, November 22, 2021 (dollars per 100 lb. internal U.S. location)   Last Year Last Week This Week Change Soybean Oil 39.30 74.20 75.21 +1.01 Cotton Oil (psby) 55.55 98.20 99.41 +1.21 Corn Oil 63.00 88.00 88.00 NC 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.

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