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Sunflower Highlights

Post Date: Nov 25 2024

Crop Progress - Monday, November 25, 2024 State This Week Last Week Last Year 5 Year Average North Dakota         Harvested 91 86 79 81 South Dakota         Harvested 94 89 86 85 Colorado         Harvested 98 96 97 97 Kansas         Harvested 93 92 91 94 Minnesota         Harvested 100 96 95 96 Texas         Harvested 100 100 100 88

Seed Quality - Monday, November 25, 2024 High Plains 2024 2023 Northern Plains 2024 2023 Oil Content 39.8% 38.6% Oil Content 43.9% 45.0% Foreign Material 5.5% 6.5% Foreign Material 4.4% 4.1% Moisture 7.1% 7.4% Moisture 8.6% 9.0% Test Weight 29.4 lbs. 28.6 lbs. Test Weight 30.8 lbs. 30.5 lbs.

USDA ARS Hiring Research Leader

The USDA Agricultural Research Service (ARS) is looking to hire a Sunflower Improvement Research Unit Research Leader. The position is located with the USDA, Agricultural Research Service, Plains Area, Edward T. Schafer Agricultural Research Center, Sunflower Improvement Research Unit in Fargo, ND. In this position, you will serve as a Research Leader and will lead research on germplasm development for disease resistance and/or seed quality in sunflower, or identification of biochemical signals or genes associated with agronomic traits of sunflowers. To learn more and apply click on this link: https://www.usajobs.gov/job/818942000 Deadline to apply is December 16, 2024.

Markets

Nearby NuSun and high oleic prices at the crush plants are up 15 cents to $1.45 this week. 2025 new crop prices were up 20 cents. The sunflower harvest is getting closer to the finish line for this season. Favorable weather conditions in the past two weeks have allowed sunflower producers to make good harvest progress. Acres harvested advanced 4% to 93% complete for the week ending November 24. In the past week, producers harvested an additional 30,150 acres pushing 2024 harvested acres to about 604,000 acres. Last year at this same time about 84% of acres were harvested. Harvest progress remains ahead of the five-year average of 84%. Crop quality remains very good, and yields have continued to be above expectations in most cases. The oil content of the 2024 crop has been slightly lower than last year at this same time. Keep in mind 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. With harvest wrapping up in the Northern Hemisphere, upcoming crop production estimates and weather conditions in South America will be more important market features to watch.