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This is the Sunflower Market News for 8/16/2022

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Sunflowers are priced per hundred weight (CWT).

NuSun Prices

Location August Change September Change October Change
West Fargo ND 27.50 unch 27.20 unch 27.20 Cash unch
Enderlin ND 27.00 -.50 27.00 -.50 27.00 Cash/26.30 AOG -.50
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 August Change September Change October Change
West Fargo ND 32.80 unch 28.45 unch 28.45  Cash unch
Enderlin ND 32.25 -.50 28.00 -.50 28.00 Cash/27.30 AOG -.50
Hebron ND NQ unch NQ unch 27.00 Cash -.50  
Pingree ND NQ unch NQ unch 27.70 Cash -.50
Lamar CO 35.00 unch 28.25 unch 28.25 AOG unch

 

CBoT

  Trading Range Nearby Close Change
Soybean Oil -.92 to -1.17 67.84 -1.10
Soybean Meal -2.70 to -16.30 435.90 -16.30
 
 
Market Comments

August 12th was supposed to be a huge day for commodity markets as USDA released its latest supply and demand report and first report of FSA certified acres was to be released. The S/D report was released but the FSA figures are delayed. Excessive rainfall delayed planting at the time of data collection for the USDA June planted acreage report in Minnesota, North Dakota, and South Dakota. In July, USDA contacted respondents in these states who reported acreage as not yet planted to verify planted acreage for several crops including sunflower. USDA made adjustments to some crops but left planted and harvested area estimates for oil and non-oil sunflower unchanged from the June report figures. In the August supply and demand report, USDA pegged soybean production at a record high 4.53 billion bushels, up 2 percent from 2021. Based on conditions as of August 1, yields are expected to average a record high 51.9 bushels per harvested acre. Total planted area, at 88.0 million acres, is up 1 percent from the previous year. Area harvested for beans in the United States is forecast at 87.2 million acres, up 1 percent from 2021. USDA will provide their initial yield and production estimates for the 2022 oil-type and confection sunflower crop in October.

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