After reading through today’s crop report, I thought I’d send out market update on sunflowers. As many of you are experiencing, the warmer winter coupled with historically high prices have put a damper on demand for both black oils and most birdfood mixes. Continued pressure from import options are helping keep prices soft, while crush.
Below is the latest market info from the National Sunflower Association. Dry weather in South American has sparked the recent rally in grains. Not a bad time to look at your first quarter needs, while demand is still relatively slow. Market Comments New crop sunflower prices increased 10 to 30 cents this week. The Cargill.
As expected, sunflower prices have fallen from the pre-harvest peak. However, harvest prices remain historically high despite harvest progress approaching over 50 percent nationally. Prices at the crush plants are $7.00 cwt higher now than any previous October. This is largely due to the reduced crop size and strong competition from the bird food and.
According to the latest USDA crop production report, sunflower production will account for a majority of the increase in global oilseed production this year. Global production of sunflower for 2011/12 is projected at a record 35.7 million metric tons, up 887,000 tons from last month. The increase is based on larger crop estimates for Russia,.
Old crop and New crop black oils have been firm lately on both fronts, and here are a couple factors to keep in mind when talking to your customers about higher prices: 1. Oil Sunflower planted acreage is lowest since 1990 (2010 was second lowest) 2. Carry through stocks from 2010 are almost nonexistent, so we.
