Nearby prices were down $1.00 to unchanged with new crop unchanged to up 15 cents at the crush plants this week. In its recent world supply and demand report USDA increased global sunflower seed production in MY 2025/26 to 55.1 million metric tons (MMT) due to higher production in Argentina, Russia and Ukraine. The Black Sea area had an extended period of above normal temperatures and below normal precipitation causing some concern for sunflower production prospects in the region. Traders will be watching this region closely during harvest monitoring yields, as Russia and Ukraine are the largest sunflower producers in the world. With the higher global seed supply, the MY 2025/26 global sunflower crush is forecasted to reach 50.7 MMT on higher crush volumes in Russia and Ukraine, slightly above MY 2024/25. Global sunflower oil production is expected to be 21.36 MMT. Despite the higher global supply of sunflower oil, global sunflower oil stocks are projected to be 2.47 MMT by the end of September 2026 which is down 3% from last year. Very warm to hot temperatures in the past week along with drier soil conditions have pushed the crop toward maturity in the Dakotas and Minnesota. If possible and if the crop has matured to a point where it can be desiccated and harvested, it is advisable to do so. Getting the crop harvested several weeks early can result in higher yields and lower drying costs. It can also reduce late season crop damage and blackbird damage.
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