Sunflower Highlights

Post Date: Oct 11 2022

Crop Progress - Tuesday, October 11, 2022

State	This Week	Last Week	Last Year	5 Year Average
North Dakota
Bracts Yellow	95	90	98	96
Mature	83	55	89	82
Harvested	10	--	13	13
South Dakota
Harvested	7	2	21	10
Minnesota
Harvested	11	--	31	18
Texas
Harvested	85	82	75	69
Kansas
Harvested	14	4	25	25
Colorado
Harvested	10	1	16	15

Crop Conditions - Tuesday, October 11, 2022

State	Timeframe	Very Poor	Poor	Fair	Good	Excellent
North Dakota	This week	1	4	34	57	4
	Last week	2	5	31	58	4
Minnesota	This week	0	0	20	70	10
	Last week	0	0	19	72	9
Colorado	This week	7	8	56	27	2
	Last week	4	4	50	36	6

Sunflower Oil Exports Increase

U.S. sunflower oil exports in the first eleven months of the marketing year stand at 51,098 metric tons (MT) an increase of 22% from the same time a year ago. Increased demand in Canada is the leading factor to the growth in exports. Canada is the top importer of U.S. sunflower oil. From October 2021 to August 2022, Canada imported 37,391 MT of sunflower oil, compared to 23,912 MT from October 2020 to August 2021 representing a 56% increase for the same time period. Mexico is the second leading importer of U.S. sunflower oil; Mexico has imported 7,150 MT of sunflower oil so far this marketing year.

Markets

A widespread killing freeze occurred in the Dakotas and Minnesota ending the 2022 growing season. The majority of the crop was mature or close to maturity when the freeze occurred. If sunflowers were not mature there could be some reduction in yield, test weight, oil content and discolored seed coats. At this point it’s too early to determine if the freeze resulted in crop quality issues, more will be known as harvest progresses. Sunflower harvest has started in the Dakotas and Minnesota. In Texas, harvest continues to move along ahead of the five-year average. In the past week, producers harvested an additional 119,422 acres pushing 2022 harvested acres to about 175,957 acres. This represents 12% of this year’s projected harvested acres and is slightly behind last year at this same time. Last week Colorado Mills in Lamar, Colorado rolled out 2023 new crop high oleic Act of God (AOG) contracts at 26.50. Their nearby price increased 50 cents with November unchanged. At the North Dakota crush plants the October contract was down 25 cents to unchanged with November unchanged to up 45 cents. Traders are eagerly awaiting to see USDA’s first estimate of 2022 US harvested sunflower acres and total seed production that will be released this week. The market is expecting to see a much larger seed supply after last year’s drought reduced crop. This report along with actual harvest reports will set the tone for nearby sunflower price direction in the near term.

Grower report

Langdon, ND grower Paul Boesl says he has not started harvesting his sunflowers yet. He had no disease or insect issues this year. He desiccated 2 weeks ago and hopes to start harvesting around October 15-20^th. Boesl says his sunflowers look really good and thinks his yields will be well above average for the year.

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 11-12, 2023, 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-2023-Forum/ 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 23, 2022.

Reduce the risk of combine fires

As sunflower harvest gets underway, a reminder about reducing the risk of combine fires this harvest season. Be sure to keep a clean work area when harvesting sunflower. Blow the combine and grain dryer setup with an air hose daily. Also, try nighttime harvesting when humidity levels are higher. And keep a small pressure sprayer filled with water on hand in the combine. For more information, visit Combine Fire Responses (sunflowernsa.com)

Upcoming Events

January 11-12, 2023 - NSA Research Forum; Holiday Inn, Fargo, ND
June 27-29, 2023 - NSA Summer Seminar; Spearfish, SD

Weekly Prices Recorded on Tuesday, October 11, 2022 ($/CWT)

	Deliver	Last Year	Last Week	This Week	Change	2023 NEW Crop
Chicago Oil	Nearby	58.62	66.88	68.98	+2.10	65.47
West Fargo, ND	NuSun	31.80	28.00	28.00	NC	25.90
West Fargo, ND	High Oleic	32.00	29.00	28.75	-.25	27.15
Enderlin, ND	NuSun	31.55	27.70	27.70	NC	25.75
Enderlin, ND	High Oleic	31.75	28.70	28.70	NC	26.75
Lamar, CO	High Oleic	30.00	27.50	28.00	+.50	26.50

U.S. CRUDE OIL VALUES recorded on Tuesday, October 11, 2022
(dollars per 100 lb. internal U.S. locations)

	Last Year	Last Week	This Week	Change
Soybean Oil	76.85	73.88	71.97	-1.91
Cotton Oil (pbsy)	98.85	116.88	115.47	-1.41
Corn Oil	88.00	124.00	124.00	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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