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This is the Sunflower Market News for 1/23/2019

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Sunflowers are priced per hundred weight (CWT).
 

NuSun Prices

Location Jan Change Feb Change 2019 New Crop Change
Fargo ND 16.85 -.15 16.95 -.30 17.25 Cash/16.75 AOG unch
Enderlin ND 16.60 unch 16.70 unch 16.90 Cash/16.40 AOG unch
Goodland KS 16.55 unch 16.55 unch 16.75/AOG unch
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.

 

High Oleic Prices

Location Jan Change Feb Change 2019 New Crop Change
Fargo ND 17.00 unch 17.05 -.20 17.25 Cash/16.75 AOG unch
Enderlin ND 17.25 unch 17.30 unch 17.20 Cash/16.70 AOG unch
Hebron ND NQ unch NQ unch NQ unch
Pingree ND 16.45 unch NQ unch NQ unch
Goodland KS 17.65 unch 17.65 unch 18.00/AOG unch

 

CBoT

  Trading Range Nearby Close Change
Soybean Oil +.31 to +.34 29.38 +.32
Soybean Meal -.30 to +.10 312.90 -.10
Market Comments

Nearby NuSun and high oleic prices were down 10 to up 5 cents this week at the crush plants. New crop was unchanged. New crop NuSun cash prices are currently in a range of $16.75-$17.25 with high oleics at $17.20-$18.00 depending on location. CBoT traders are keeping a close eye on US/China trade talks. This week U.S. Trade Representative Robert Lighthizer said he did not see any progress made on structural issues that include intellectual property, stealing trade secrets and putting pressure on corporations to share information during trade talks with China the previous week in Beijing. The market reacted this news with losses across the soy complex. The two sides are trying to reach a deal that avoids a scheduled March 2 escalation of U.S. tariffs on $200 billion worth of Chinese goods. Chinese officials are scheduled to visit Washington for further trade talks at the end this month. South American weather conditions have not been favorable for crop development the past few weeks and this is giving the oilseed complex some positive news. Several private crop analysts have reduced 2019 production forecasts. The mostly hot and dry pattern in Brazil, is expected to extend for another two weeks giving the market some optimism for increased US exports. Overall price direction will continue to be determined by export demand news and South American oilseed production prospects in the near term.
 

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