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Sunflower Highlights
Post Date:
Oct 28 2024
Crop Progress - Monday, October 28, 2024
State
This Week
Last Week
Last Year
5 Year Average
North Dakota
Harvested
46
28
34
40
South Dakota
Harvested
42
27
31
36
Minnesota
Harvested
65
39
71
63
Colorado
Harvested
73
58
70
61
Kansas
Harvested
67
48
73
58
Texas
Harvested
100
96
95
84
Seed Quality - Monday, October 28, 2024
High Plains
2024
2023
Northern Plains
2024
2023
Oil Content
40.7%
43.9%
Oil Content
43.9%
45.1%
Foreign Material
4.4%
3.5%
Foreign Material
4.8%
3.4%
Moisture
6.6%
6.2%
Moisture
8.1%
9.1%
Test Weight
29.5 lbs.
30.7 lbs.
Test Weight
30.4 lbs.
31.5 lbs.
Register Now for the 2025 NSA Research Forum
Registration is now open for the 2025 NSA Research Forum, scheduled for January 8-9, 2025 at the Holiday Inn (3803 13
th
Ave. S, Fargo, ND) Visit
2025 NSA Research Forum (sunflowernsa.com)
to register for the Forum at the early bird price of $150. You’ll find hotel information there as well.
October/November issue of The Sunflower now available
The October/November 2024 issue of
The Sunflower
has been mailed and is also ready to read on our website at
The Sunflower Magazine (sunflowernsa.com)
This issue includes a look at the importance of uniform plant spacing, stored seed management, a list of the NSA’s 2025 research priorities and more.
Markets
Nearby prices were up 25 to 50 cents with 2025 new crop prices unchanged to up 50 cents this week. The market continues to watch developments in the Black Sea region as drought has reduced sunflower production this year. According to
Oil World
it is still too early for reliable damage estimates, but losses could be significant.
Oil World
recently lowered its production estimates for Russia to 16.2 million metric tons (MMT) and Ukraine to 12.7 MMT. This is a significant drop off from last year’s production of 18.4 MMT in Russia and 14.9 in Ukraine.
Oil World
also made sizable downward revisions to production prospects in the European Union and Turkey. The Hamburg based publication expects demand rationing will be inevitable in the months ahead due to lower beginning seed stocks and reduced global sunflower production. The situation bears watching as Russia and Ukraine are the largest exporters of sunflower oil. The potential reduced availability of sunflower seed and oil production poses risks for global markets and prices will be responsive to potential production shortfalls. About 48% of sunflowers were in the bin as of last week, up from 31% seven days earlier and ahead the prior five-year average of 40% for this time of year, the USDA said. In the past week, producers harvested an additional 108,700 acres pushing 2024 harvested acres to about 311,240 acres.
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