Nearby prices were unchanged to up 35 cents at the crush plants this week. Crush plants rolled out 2027 new crop cash and Act of God (AOG) High Oleic contracts last week. ADM Enderlin and Cargill West Fargo are at $25.50 cash and $25.00 AOG. Colorado Mills in Lamar, CO is at $25.00 AOG. Something else to consider is the oil premiums that crush plants pay on sunflowers. 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 $25.00 contract increases to $27.50 and the cash $25.50 contract moves up to $28.05. USDA recently revised its global sunflower production forecast for MY 26/27 to 63.7 million metric tons (MMT). The MY 26/27 global sunflower seed crush is forecasted to reach 56.5 MMT, which is 13% higher than in MY 25/26. Despite the higher global supply of sunflower oil, global sunflower oil stocks are projected at to be 1.46 MMT by the end of September 2027 which represents only 7% stocks to use. Trading in the week ahead will focus on the USDA Grain Stocks report that will be released next week. Traders are expecting sunflower seed stocks to be up from a year ago but within the five-year average after last year’s larger crop.
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