Sunflower Highlights
Post Date: Nov 02 2015
Crop Progress
Nearly all of Minnesota's sunflowers are harvested, over three weeks ahead of both last year and average. Harvest is still going strong in other reporting states.
State This
Week
Last
Week
Last
Year
5 yr Avg
N. Dakota        
Harvested 70 52 51 56
S. Dakota        
Harvested 69 58 45 65
Texas        
Harvested 85 75 87 80
Kansas        
Mature 89 81 88 94
Harvested 55 40 43 57
Colorado        
Harvested 71 63 38 61
Source:  USDA NASS
 
Sunflower Crop Conditions
State Very Poor Poor Fair Good Excellent
Kansas 1 3 31 57 8
Source: USDA NASS (not all states reporting)
RMA Announces Harvest Prices
The USDA Risk Management Agency (RMA) is expected to announce Harvest Prices for revenue insurance policies for sunflowers this week. The harvest price per pound for oil-type sunflowers should be 15.2 cents and confection sunflowers at 24.8 cents. The spring prices were 16.9 cents for oils and 26.5 cents for confections. Revenue insurance policies give farmers coverage if market prices fall and or their production is below their proven yield. Given the dramatic drop between the spring and fall prices producers should contact their local crop insurance agent to see if they are eligible for an indemnity payment due to a loss in revenue even if they have reached their proven yield. 
USDA Risk Management Agency has announced that Supplemental Coverage Option (SCO) will be available for sunflower in 2016. SCO is an area based policy endorsement that can be purchased to supplement an underlying crop insurance policy. It covers a portion of losses not covered by the underlying policy. Producers should consult their crop insurance agent for detailed information, sales closing dates and an actual premium quote. 
Grower Report
Lindsborg, Kansas producer Karl Esping plans to start harvesting his 250 acres of high oleic sunflower this week, even thought the area has not had a hard frost yet. He says this should be an average, if not better, crop.
Register Now for 2016 Research Forum
Registration for the 2016 NSA Research Forum is now open on our website. The Research Forum is scheduled for January 12-13, 2016 at the Ramada Plaza Suites and Convention Center in Fargo, ND. A block of rooms has been reserved at the Ramada and also at the Expressway Suites. Both blocks of rooms are reserved under the NSA Research Forum. Find more hotel information on our website. If you have questions, call Tina Mittelsteadt at 888-718-7022 ext. 3 or email tinam@sunflowernsa.com
Call for Papers
There’s still time to submit your research paper to present at the National Sunflower Association’s Research Forum, set for January 12-13, 2016 in Fargo, ND. Presentations may be either oral or in the form of a poster. Submit your application online at www.sunflowernsa.com/research/2016-call-for-papers/. You do not have to submit the actual paper or poster at this time, just the information indicated online and the author information. Submissions must be completed by November 13, 2015. 
Read The Sunflower Online
The October/November issue of The Sunflower is now online at www.sunflowernsa.com/magazine. This issue includes a look inside Colorado Mills, a visit with the GM of South Dakota’s Dakota Style Foods, as well as features on Texas producer Steve Beakley and Colorado’s Leon Zimbelman, and more. Now is a great time to sign up for a digital copy of the magazine. Visit www.sunflowernsa.com/mms/, click “sign up” and follow the directions. If you’re already subscribed to our newsletter, just log into your account and sign up for the digital issue of the magazine. 
Upcoming Events
December 1-2, 2015 – Ag Horizons Conference, Pierre, SD 
January 12-13, 2016 – NSA Research Forum, Fargo, ND
June 28-30, 2016 – NSA Summer Seminar, Bismarck, ND 
Markets
Cash bids are being offered for high oleic sunflowers in Hebron and Pingree ND. The ADM Goodland plant is also offering high oleic cash bids. New crop 2016 contracts for high oleics are expected to roll out soon. The Cargill plant in West Fargo is offering a 2016 NuSun cash contract. ADM Enderlin is offering both cash and Act of God (AOG) contracts for NuSun. Confection and huller contracts are not out yet but are expected to be out soon. In the recent edition of Oil World, oil supplies are expected to tighten significantly in the 2015/16 marketing year as world consumption outstrips production. El Nino conditions are expected to lower SE Asia palm oil production thus drawing down other vegetable oil stocks. Increased world sunflower oil production is expected to help offset the reduction in palm oil production. World vegetable oil markets are expected to firm up, which should lead to the market becoming more oil driven rather than meal. This is positive news for sunflower as seed prices are primarily based on oil values. 
Weekly Prices
Recorded on Monday, November 2, 2015 ($/CWT)
  Deliver Last Year Last Week This Week Change 2016 NEW Crop
Chicago Oil Nearby 34.03 27.78 27.85 +.07 28.82
Fargo, ND NuSun 17.85 16.25 16.30 +.05 16.60
Enderlin, ND NuSun 17.75 16.30 16.35 +.05 16.50
Goodland, KS NuSun 17.15 16.05 16.20 +.15 NQ
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.
U.S. CRUDE OIL VALUES
recorded on Monday, November 2, 2015
(dollars per 100 lb. internal U.S. location)
  Last Year Last Week This Week Change
Soybean Oil 34.03 26.03 26.10 +.07
Cotton Oil (psby) 46.03 44.78 44.85 +.07
Corn Oil 35.50 39.50 39.50 NC
return to top of page

   More about Sunflower ►