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	Growers > Marketing > Daily Market News

Daily Market News

This is the Sunflower Market News for 3/7/2014.

Click here to view sunflower price averages.

Sunflowers are priced per hundred weight (CWT).

NuSun Prices
*Location*	March	Change	April	Change	New Crop 2014	Change
Fargo ND	20.80	-.05	20.90	-.05	21.05 Cash/20.55 AOG	-.10
Enderlin ND	20.95	unch	20.95	unch	20.95 Cash/20.45 AOG	-.10
Goodland KS	19.35	-.10	19.35	-.10	20.20 Cash/19.20 AOG	-.10
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	-.12 to -.46	44.09	-.18
Soybean Meal	+2.00 to +6.90	465.00	+6.60

Market Comments

Soybean oil had a good week on the CBoT posting gains on most days. Concerns over smaller than expected South American oilseed production coupled with continued worry over the situation in Ukraine gave oil values the biggest rally since late November. The escalation of tensions in Ukraine is allowing for greater risk premium in the market. Also the oil portion of the crush share does continue to be depressed and there is room for further upside. Adding additional support has been palm oil prices. Palm oil values are being supported by very dry conditions in key production areas. The dry weather is creating the risk of damage to oil palms and smaller than expected palm oil production later this year as well as in 2015. This is all positive news for sunflower prices in the coming months as seed price is mainly tied to oil values. North American weather conditions and 2014 U.S. oilseed crop prospects will progressively become more important market factors. USDA will release its first estimate of US planted acres at the end of March. The report will likely play a key role in prices going forward.

Confection Sunflower Seed Prices as of 3/7/2014
Processor	This Week	Last Week	Last Year	New Crop
Advanced Sunflower
Huron, SD	32.00	32.00	na	32.00
Onida, SD	31.00	31.00	na	31.00
Redfield, SD	32.00	32.00	na	32.00
CHS Inc.
Grandin, ND	Ask	Ask	Ask	Ask
Hazel, MN	Ask	Ask	Ask	Ask
Erker Trading Company
Fort Morgan, CO	Ask	Ask	Ask	35.00/23.00 *Call for details
Alice, TX	Ask	Ask	Ask	Ask
Proseed
Karlstad, MN	Ask	Ask	Ask	Ask
RR Commodities
Colby, KS	35.00/25.00* *Call for details	35.00/25.00* *Call for details	Ask	36.00/25.00* *Call for details
Fargo, ND	32.00* *Call for detail	32.00* *Call for detail	Ask	Ask
Lubbock, TX	35.00/25.00* *Call for details	35.00/25.00* *Call for details	Ask	36.00/25.00* *Call for details
SunOpta
Breckenridge MN	32.00	Ask	Ask	Ask
Crookston, MN	32.00	Ask	Ask	Ask
Fargo, ND	Ask	Ask	Ask	Ask
Goodland KS	Ask	Ask	NQ	NQ
Grace City, ND	32.00	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.