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Sunflower Highlights
Post Date:
Sep 26 2022
Crop Progress - Monday, September 26, 2022
State
This Week
Last Week
Last Year
5 Year Average
North Dakota
Petals Dry
92
89
96
95
Bracts Yellow
76
67
89
84
Mature
35
30
54
50
South Dakota
Harvested
1
--
2
1
Minnesota
Harvested
--
--
3
5
Texas
Harvested
75
70
68
63
Kansas
Harvested
1
--
3
1
Colorado
Harvested
NA
NA
NA
NA
Crop Conditions - Monday, September 26, 2022
State
Timeframe
Very Poor
Poor
Fair
Good
Excellent
North Dakota
This week
2
6
29
54
9
Last week
2
6
33
51
8
Minnesota
This week
0
0
17
77
6
Last week
0
0
19
71
10
Colorado
This week
6
10
45
34
5
Last week
15
15
45
25
0
Deadline approaching for research grant applications
Research is an important part of the NSA’s mission. Each year, the NSA provides grants to public researchers to stimulate new or additional work that may result in lower production costs, increased quality, and higher yields. Pre-proposals for projects to be considered for funding in 2023 are now being accepted. Visit:
2023 NSA Research Priorities (sunflowernsa.com)
to read more and to submit pre-proposals. Grant applications are due by
October 4, 2022
.
Markets
Nearby prices at the crush plants were unchanged this week. The Cargill West Fargo crush plant has rolled out its 2023/2024 new crop cash and Act of God (AOG) contracts. NuSun cash is $25.90 and $24.90 AOG. High oleics are $27.15 cash and $26.15 AOG. Something else to consider is the oil premiums that crush plants pay on sunflower. 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. The AOG $24.90 contract increases to $27.40, and the cash $27.15 contract moves up to $29.90. The weather forecast for the next two weeks continues to predict above normal temperatures and drier than normal moisture conditions in the sunflower growing region. This bodes well for crop dry down as the sunflower crop continues to mature at a rapid rate. Harvest continues to move along in Texas and is ahead of the five-year average. Trading in the week ahead will focus on the USDA Grain Stocks report that will be released this week. Traders are expecting sunflower stocks to be down from a year ago and below the five-year average. USDA will give its first estimate of 2022 sunflower production in October.
Are your bins ready?
As harvest approaches, take time to make sure your bins are ready. Bins with perforated floors work better for drying sunflower than those with ducts. Aeration is essential, especially in larger bins. Aeration may be accomplished with floor mounted ducts or portable aerators. Aeration fans should deliver 1/10 to 1 cfm per cwt of sunflower. If aeration is not available, sunflower should be rotated between bins to avoid hot spots developing in the stored grain. For more on harvest and storage, visit
www.sunflowernsa.com/growers/HarvestingStorage/
USDA Provides Help with Blackbirds
Now is a good time to remove blackbird roosting locations, such as cattails. Cattails serve as blackbird habitat, so it is in the sunflower producer’s best interest to get rid of as much as possible. The USDA can help with blackbird control. Visit:
NORTH DAKOTA (sunflowernsa.com)
for a map with phone numbers for USDA Wildlife Services personnel that can help North and South Dakota producers who have blackbird problems. They will respond to you during the damage season by providing loaner cannons and pyrotechnics. These offices will provide further assistance in an attempt to break up large roosts. Using a combination of cattail management, cannons, harassment, desiccants, and repellants can be even more effective when used together. For more information on blackbird control, visit
Blackbirds (sunflowernsa.com)
January 11-12, 2023
-
NSA Research Forum; Holiday Inn, Fargo, ND
June 27-29, 2023 -
NSA Summer Seminar; Spearfish, SD
Markets at a Glance
Weekly Prices Recorded on Monday, September 26, 2022 ($/CWT)
Deliver
Last Year
Last Week
This Week
Change
2023 NEW Crop
Chicago Oil
Nearby
58.30
68.00
66.11
-1.89
62.46
West Fargo, ND
NuSun
31.50
27.50
27.50
NC
25.90
West Fargo, ND
High Oleic
31.50
28.50
28.50
NC
27.15
Enderlin, ND
NuSun
31.50
26.20
26.20
NC
25.75
Enderlin, ND
High Oleic
31.50
27.20
27.20
NC
26.75
Lamar, CO
High Oleic
29.25
27.75
27.75
NC
NQ
U.S. CRUDE OIL VALUES recorded on Monday, September 26, 2022
(dollars per 100 lb. internal U.S. locations)
Last Year
Last Week
This Week
Change
Soybean Oil
77.97
75.00
73.11
-1.89
Cotton Oil (pbsy)
97.97
118.00
116.11
-1.89
Corn Oil
88.00
131.00
126.00
-5.00
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.
NSA is an equal opportunity provider and employer. Anyone requesting special accommodation should notify NSA within a reasonable timeframe. NSA will accommodate reasonable requests.
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