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Sunflower Highlights

Post Date: Nov 08 2021

Crop Progress - Monday, November 8, 2021 State This Week Last Week Last Year 5 Year Average North Dakota         Harvested 67 52 83 65 South Dakota         Harvested 72 52 71 64 Minnesota         Harvested 96 95 100 79 Colorado         Harvested 61 52 93 76 Kansas         Harvested 82 65 77 67 Texas         Harvested 92 89 88 83

Seed Quality - Monday, November 8, 2021 High Plains 2021 2020 Northern Plains 2021 2020 Oil Content 40.2% 40.2% Oil Content 45.1% 44.5% Foreign Material 6.6% 5.8% Foreign Material 3.8% 3.6% Moisture 6.7% 8.0% Moisture 9.3% 10.2% Test Weight 29.5 lbs. 29.4 lbs. Test Weight 32.4 lbs. 30.6 lbs.

Sunflower exports increase in 2020/21 marketing year

Exports of sunflower kernel were up 33% from a year ago, from 4,115 metric tons (MT) to 5,510 MT from October 2020 to September 2021. Canada remains the top importer of U.S. sunflower kernel, importing 2,924 MT. In-shell exports increased 12% from 21,173 MT to 23,834 MT from October 2020 to September 2021. Spain remains the top importer of in-shell sunflower, importing 8,871 MT with Mexico a close second importing 6,934 MT during the period. Sunflower oil exports are up 12% from a year ago, from 39,687 MT to 45,180 MT from October 2020 to September 2021. Canada remains the top importer, importing 26,370 MT up 11% from a year ago. Mexico is the number two destination importing 10,300 MT during the period.

Markets

Nearby NuSun and high oleic prices at the crush plants were down 10 to up 10 cents this week. Overall, NuSun and high oleic prices continue to trade above the 60-day moving average at the crush plants. 2022 new crop was unchanged to up 10 cents. Very favorable weather conditions in the past week allowed sunflower producers to make good harvest progress. Harvest progress advanced 15% to 71% complete for the week ending November 7. Harvest progress remains 6% ahead of the five-year average. In the past week, producers harvested an additional 181,677 acres pushing 2021 harvested acres to about 813,912 acres. Harvest progress remains about equal to the five-year average. Last year at this same time about 40% of acres were harvested. Per Oil World, global sunflower production for 2021/22 is forecast up 7.3 million metric tons (MMT) to 57.7 MMT from last year’s drought reduced total. Increased production in the Black Sea region, European Union, Argentina, and South Africa are mostly responsible for the increase. Reduced global supplies of rapeseed oil are expected to benefit sunflower oil demand. Rapeseed oil prices have skyrocketed in Europe and may lead to increased sunflower oil consumption. Oil World projects global sunflower oil exports growing by 2.6 MMT from last market year, reaching a new high of 13.87 MMT. In the near term, US harvest progress, yield and crop quality will continue to be key to prices going forward.

Call for Papers

Here’s your chance to be a part of the National Sunflower Association’s Research Forum. We are looking for research papers to be presented at the NSA Research Forum, set for January 12-13, 2022, in Fargo, ND. Presentations may be either oral or in the form of a poster. A time will be designated for authors to be with their posters and answer questions. Each oral presentation will be limited to 10-12 minutes with 2-3 minutes allowed for questions. Visit www.sunflowernsa.com/Research/call-for-papers/ if you are interested in presenting a paper. You do not have to submit the actual paper or poster at this time, just the information indicated online and the author information. Submissions must be completed by November 24, 2021.

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.

Grower report

Onida, South Dakota grower Chuck Todd says he hopes to start harvesting his sunflowers this week. A neighboring farmer has started to harvest and is experiencing good yields, in some areas 3,100 pounds. This year his biggest insect issue was the longhorn beetle which he found in a few of his fields. Blackbirds were an issue for a neighboring farmer that had about 10% bird damage to his sunflowers. In the last week Onida has had clear days but for a few weeks before that they were experiencing rain about every three days which was making it a challenge to harvest other crops due to muddy fields.

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 8, 2021 ($/CWT)   Deliver Last Year Last Week This Week Change 2022 NEW Crop Chicago Oil Nearby 35.48 61.97 58.05 -3.92 55.06 West Fargo, ND NuSun 18.15 32.05 31.95 -.10 26.80 West Fargo, ND High Oleic 18.05 32.25 32.35 +.10 27.30 Enderlin, ND NuSun 18.10 32.05 32.05 NC 27.25 Enderlin, ND High Oleic 18.10 32.25 32.25 NC 27.50 Lamar, CO High Oleic NQ 31.00 31.00 NC 27.00

U.S. CRUDE OIL VALUES recorded on Monday, November 8, 2021 (dollars per 100 lb. internal U.S. location)   Last Year Last Week This Week Change Soybean Oil 35.98 77.97 74.05 -3.92 Cotton Oil (psby) 52.48 101.90 98.05 -3.85 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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