Nearby sunflower prices at the crush plants were unchanged this week. The recently released USDA supply and demand report was considered neutral by many traders. USDA largely held steady on its June supply and demand numbers despite expectations of some movement in the supply side. Traders will likely continue to grapple with supplies showing up on the balance sheet as the marketing year unfolds but are more concerned with weather conditions in the U.S. in the near term. Sunflower producers are in the home stretch of wrapping up this year’s planting season as dry and warm weather allowed producers to make excellent planting progress in the past week. Planting continues in all states and is slightly ahead of the five-year averages in Colorado, Minnesota and North Dakota. Kansas, South Dakota and Texas are behind the five-year average planting pace. As of June 15, 81% of the expected 2025 sunflower acreage was in the ground, up from 62% from the week prior and ahead of the five-year average of 78%. On June 30, USDA will release its 2025 planted acres report and will be an important factor in determining old and new crop prices. Look for demand news and position squaring ahead of USDA’s acreage report to guide the market this week.
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