Sunflower Highlights
Post Date: Nov 30 2015
Crop Progress
 
State This Week Last Week Last Year 5 Year Avg
N. Dakota        
Harvested 100 95 91 96
S. Dakota        
Harvested 100 96 95 97
Texas        
Harvested 92 89 92 90
Kansas        
Harvested 95 91 91 96
Colorado        
Harvested 93 92 98 99
Source: USDA NASS 
Grower Report
Onida, SD producer Chuck Todd wrapped up what he calls a slightly above average sunflower harvest last week. Todd grew just under 500 acres of con-oils this year. He says yields in his dry fields ranged from 1700-1800 lbs, while yields in wetter areas were anywhere from 2200- 2600 lbs. 
Scoular Completes Acquisition of Legumex Walker Inc's Special Crops Division
Scoular, a leading U.S.-based agricultural marketing company, is expanding with the acquisition of Legumex Walker Inc.’s (LWI) Special Crops Division, a global merchandiser and processor of special crops, pulses, and associated healthy specialty food ingredients. In September, Scoular entered into an agreement with LWI’s Special Crops Division for CAD $94 million plus the amount of networking capital at closing. The transaction was finalized last week after meeting all regulatory requirements. Scoular now owns the Legumex Walker name and its affiliated special crops business, while the seller of the business has changed its name it LWP Capital Inc. The new-to-Scoular special crops business is engaged in primary and value-added processing of special crops at 14 operating facilities in Canada, the U.S. and China. It boasts a diverse product offering, including sunflower seed. Nearly all 300+ employees of the former LWI special crops business will continue to operate the business at all existing locations. 
Deadline Extended for Research Presentations
There’s still time to register to present at the 2016 NSA Research Forum. The deadline has been extended to Friday, December 4. Presentations may be either oral or in the form of a poster. Submit your application online at www.sunflowernsa.com. You do not have to submit the actual paper or poster at this time, just the information indicated online and the author information. The Research Forum is scheduled for January 12-13, 2016 at the Ramada Plaza Suites and Convention Center in Fargo, ND. Register online at www.sunflowernsa.com/events. You’ll find hotel information there as well. 
NSA Board of Directors to Meet This Week
The National Sunflower Association’s Board of Directors will gather this week in Bismarck, ND for the annual meeting on December 3-4. Agenda items include discussions on crop insurance, research priorities and pre-proposals, grower and industry reports, the association’s budget, as well as product and grower promotion. Officers will also be elected. 
Register for South Dakota's Soil Health Challenge
Make plans to attend South Dakota’s Soil Health Challenge: Don’t Get Left in the Dust event. This is a one-day event with sessions covering topics like cover crops, soil tests, and a panel discussion. This year’s event will be held in Lemmon, SD on December 10. This is a free event, but pre-registration is required. Register by calling or emailing Ruth Beck (605-773- 8120, ruth.beck@sdstate.edu) or Anthony Bly (605- 782-3290, Anthony.bly@sdstate.edu.) 
Read The Sunflower Online
The December issue of The Sunflower is now online at www.sunflowernsa.com/magazine. This issue includes a look at the sunflower oil market outlook for 2016, a visit with a North Dakota producer who is using social media to spread the word about sunflower, as well as why more western Minnesota producers are turning to sunflower, and read about a new potato chip company that’s happy to use sunflower oil, and more. 
 
Seed Quality
Northern Plains Summary
  2015 2014
Oil Content 43.0% 41.3%
Foreign Material 4.4% 5.6%
Moisture 8.2% 9.7%
Test Weight 31.0 lbs 28.0 lbs  
Seed Quality
High Plains Summary
  2015 2014
Oil Content 40.0% 41.8%
Foreign Material 6.4% 4.6%
Moisture 8.3% 8.2%
Test Weight 31.0 lbs 30.7 lbs  
Upcoming Events
December 1-2, 2015 – Ag Horizons Conference, Pierre, SD
December 3-4, 2015 – NSA Board of Directors Meeting, Bismarck, ND
December 10, 2015 – SD Soil Health Challenge, Lemmon, SD
January 12-13, 2016 – NSA Research Forum, Fargo, ND
June 28-30, 2016 – NSA Summer Seminar, Bismarck, ND 
Markets
The rally continues as nearby and new crop sunflower prices gained 35-40 cents this week and 75-80 cents in the past two weeks supported by stronger oil values. Oil prices have been supported by El Nino talk and thoughts that by mid-December, EPA and Congress could agree to increase the US biofuel mandate by as much as five percent. A firming up in palm oil prices and a potential drop in soymeal demand has lift world vegetable oil prices. El Nino concerns are underpinning palm oil prices on talk that dry weather will trim palm oil output gains and result in lower 2016 production. The US biofuel mandate could also include a producer blend credit. The blend credit could limit vegetable oil imports thus creating more demand for US soyoil use for biofuel. CBoT traders are having concerns that slower demand for soybeans will lead to difficulty in moving this fall's record harvest while South America is planting another record crop. This coupled with the US dollar near 13 year highs could weigh on prices. 
Weekly Prices Recorded on Monday, November 30, 2015 ($/CWT)
  Deliver Last Year Last Week This Week Change 2016 NEW Crop
Chicago Oil Nearby 32.22 27.91 29.10 +1.19 30.17
Fargo, ND NuSun 18.00 16.70 17.05 +.35 17.40
Enderlin, ND NuSun 17.90 16.75 17.15 +.40 17.45
Goodland, KS NuSun 18.20 16.35 16.75 +.40 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 30, 2015
(dollars per 100 lb. internal U.S. location)
  Last Year Last Week This Week Change
Soybean Oil 31.72 25.91 27.10 +1.19
Cotton Oil (psby) 42.22 44.91 46.42 +1.51
Corn Oil 35.50 39.25 39.25 NC
return to top of page

   More about Sunflower ►