Issue 71
Prairie Grains

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Prairie Grains is the official publication of the Minnesota Association of Wheat Growers, North Dakota Grain Growers Association, Montana Grain Growers Association and South Dakota Wheat, Inc.

Copyright Prairie Grains Magazine
Marketing Guide 2005

Sunflower

Sunflower Stocks Likely to Remain Tight

Enderlin NuSun Prices (NuSun price not likely to exceed 66 percent (‘02) of nearby soyoil futures (51% as of 7/18/05)

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AVG is an average of 1998-02 excluding the low and high.

Extremely tight supplies of sunflower in 2004 prompted attractive contracts and prices, with growers responding accordingly by increasing plantings this spring.  However, weather limited acreage potential. With supplies still short, a good crop is needed. The growth of the domestic market for mid-oleic (NuSun) sunflower makes the crop less sensitive to pressure from the soybean market and other global oilseed market influences.   The overall tone of this market remains bullish for both oil and non-oil (confections) sunflower, and processors are expected to offer attractive contracts again late this fall to bid for ’06 acres. Daily updated oil and confection sunflower prices online: www.sunflowernsa.com/daily-market-news.