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	Growers > Marketing > Daily Market News

Daily Market News

This is the Sunflower Market News for 5/16/2012.

Click here to view sunflower price averages.

Sunflowers are priced per hundred weight (CWT).

NuSun Prices
Location	May	Change	June	Change	New Crop	Change
Fargo ND	25.65	-.40	25.65	-.40	24.15 Cash/23.15 AOG	-.40
Enderlin ND	25.65	-.40	25.25	-.40	24.15 Cash/23.15 AOG	-.40
Goodland KS	25.45	-.40	25.45	-.40	25.15 Cash/24.15 AOG	-.40
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.

CBoT
	Trading Range	Nearby Close	Change
Soybean Oil	-1.01 to -1.04	50.43	-1.04
Soybean Meal	+2.20 to +7.80	425.00	+7.80

Market Comments

The oilseed market took a beating late last week on heavy long-liquidation. Pressure came from nervousness in funds and profit taking. Last week's USDA report tightened the old crop ending stocks and projects record tight U.S. new crop ending stocks based on stocks-to-usage ratio and was supportive fundamentally. Sunflower seed stocks will be extremely tight by the end of the marketing year in September. With the USDA supply and demand report factored into the market, traders will turn to planting progress in the days ahead. In the near term, weather conditions should allow oilseed planting to continue ahead of average. USDA is using March planting intentions in forecasting 2012 U.S. production. The trade has already upped its production estimates as the prospect for increased double crop soybean acres is a possibility given winter wheat maturity and harvest ahead of normal pace. Weather risk is nominal at the moment but should offer support if drier weather sets in. In the second half of this marketing year vegetable oil supply is expected to get tighter. The forecast reduction in supply is good news for sunflower and should be supportive to seed prices.

Confection Sunflower Seed Prices as of 5/11/2012
Processor	This Week	Last Week	Last Year	New Crop
CHS Inc.
Grandin, ND	Ask	Ask	22.00	Ask
Hazel, MN	Ask	Ask	22.00	Ask
Erker Trading Company
Fort Morgan, CO	Ask	Ask	Ask	Ask
Alice, TX	Ask	Ask	Ask	Ask
Proseed
Karlstad, MN	Ask	Ask	22.00	Ask
RR Commodities
Colby, KS	Ask	Ask	Ask	Ask
Fargo, ND	Ask	Ask	Ask	Ask
Lubbock, TX	Ask	Ask	Ask	Ask
SunOpta
Breckenridge MN	Ask	Ask	Ask	Ask
Crookston, MN	Ask	Ask	Ask	Ask
Fargo, ND	Ask	Ask	Ask	Ask
Goodland KS	Ask	Ask	NQ	Ask
Grace City, ND	Ask	Ask	Ask	Ask
(Dollars per 100 Lbs.) 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 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.