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Daily Market News
This is the Sunflower Market News for 9/3/2010. To view sunflower seed price averages select this link www.sunflowernsa.com. Sunflowers are priced per hundred weight (CWT).
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| CBoT |
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TRADING RANGE |
NEARBY CLOSE |
CHANGE |
| Soybean Oil |
+.61 to +.66 |
40.32 |
+.66 |
| Soybean Meal |
+5.40 to +7.20 |
308.20 |
+6.00 |
MARKETS:
There are unconfirmed reports of U.S. sunflower oil exports totaling about 15,000 MT to India and several locations in the Middle East and North Africa. U.S. sunoil stocks have been building with the larger crush and lagging Canadian sales. It appears that there may be more opportunities for U.S. sunoil exports throughout the next 12 months. The Black Sea region (encompassing Ukraine and Russia) will reduce their sunflower oil exports this year due to lower production. Western Europe will likely increase their imports of sunflower oil due to a reduction in both sunflower and rapeseed production and continued strong biodiesel production. The Argentine situation continues to be problematic as well. Persistent dry conditions are delaying sunflower planting in the northern provinces. Rainfall expected this week in parts of Argentina but may not be sufficient to break the long drought. Despite growing domestic demand for U.S. sunoil, there should be sufficient supply to meet some of the export needs. |
| Confection Sunflower Seed Prices |
| As of 9/3/2010 |
(Dollars per 100 Lbs.) |
| Processor |
This Week |
Last Week |
Last Year |
New Crop |
| CHS, Inc. |
| Grandin, ND |
22.00 |
22.00 |
22.00 |
NQ |
| Hazel, MN |
22.00 |
22.00 |
22.00 |
NQ |
| Dahlgren & Co |
| Crookston, MN |
22.00 |
22.00 |
Ask |
NQ |
| Fargo, ND |
22.00 |
22.00 |
Ask |
NQ |
| Grace City, ND |
21.50 |
21.50 |
Ask |
NQ |
| Erker Grain Co. |
| Fort Morgan, CO |
NQ |
25.00/18.00 |
NA |
NQ |
| Proseed |
| Karlstad, MN |
22.00 |
22.00 |
22.00 |
NQ |
| RR Commodities |
| Colby, KS |
Ask |
Ask |
Ask |
NQ |
| Fargo, ND |
22.00 |
22.00 |
Ask |
NQ |
| Lubbock, TX |
Ask |
Ask |
Ask |
NQ |
| SunOpta |
| Breckenridge MN |
Ask |
Ask |
Ask |
NQ |
| Goodland KS |
NQ |
NQ |
26.00/15.00 |
NQ |
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Legend
NQ - No Quote
NA - Not Available
Split price (X/Y) is for: X for seeds remaining over a 20/64 and Y for seeds falling through a 20/64 round hole screen
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