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	Growers > Marketing > Daily Market News

Daily Market News

This is the Sunflower Market News for 2/3/2012.

Click here to view sunflower price averages.

Sunflowers are priced per hundred weight (CWT).

NuSun Prices
Location	February	Change	March	Change	New Crop	Change
Fargo ND	26.30	unch	26.30	unch	25.15 Cash/24.15 AOG	unch
Enderlin ND	26.30	unch	26.30	unch	25.15 Cash/23.65 AOG	unch
Goodland KS	25.50	unch	25.50	unch	25.35 Cash/24.35 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.

CBoT
	Trading Range	Nearby Close	Change
Soybean Oil	+.38 to +.46	51.65	+.46
Soybean Meal	+4.30 to +5.20	328.60	+5.20

Market Comments

Traders are trying to get a grasp on South American crop losses as various wide ranging estimates are being floated by market prognosticators. From most accounts the South American weather damage to crops is now irreversible and market attention has shifted from if crop damage will occur to how large reductions in production will be. Back in the US market the push for acres continues. Given the small 2011 US sunflower crop, processors are actively bidding for 2012 acres. Sunflower seed stocks will be extremely tight by the end of this market year and demand for all sunflower products remains strong. A drier than normal fall coupled with a mild relatively dry winter has many producers considering planting sunflowers based on their excellent drought tolerance. All of North Dakota, Minnesota and parts of South Dakota have abnormally dry to moderate drought conditions according to the USDA Drought Monitor report as of January 24. The warm and dry winter is expected to continue through at least February. Markets will continue to watch South American weather and ultimate crop yields in the coming weeks. The dry soil conditions will come into play as the market begins looking at North American acres and planting prospects for this spring.

Confection Sunflower Seed Prices as of 2/3/2012
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
Dahlgren & Co
Crookston, MN	Ask	Ask	Ask	Ask
Fargo, ND	Ask	Ask	Ask	Ask
Grace City, ND	Ask	Ask	Ask	Ask
Erker Trading Company
Fort Morgan, CO	Ask	Ask	Ask	NQ
Alice, TX	Ask	Ask	Ask	32.00
Proseed
Karlstad, MN	Ask	Ask	22.00	Ask
RR Commodities
Colby, KS	Ask	Ask	22.00	Ask
Fargo, ND	Ask	Ask	22.00	Ask
Lubbock, TX	Ask	Ask	22.00	Ask
SunOpta
Breckenridge MN	Ask	Ask	Ask	Ask
Goodland KS	Ask	Ask	NQ	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.