Source: John Sandbakken | National Sunflower Association | March, 31 2020
Sunflower producers intend to plant 1.56 million acres in 2020, an increase of 15 percent from 2019. If realized, this will be the highest planted area for the US since 2016. Compared with last year, producers in seven of the eight major sunflower producing states expect an increase in acreage this year. The only state expecting a decline is California, where planted area is expected to be down less than 1,000 acres from last year.
Area intended for oil type varieties, at 1.36 million acres, is up 13 percent from 2019. Compared with last year, producers in seven of the eight major sunflower producing states expect an increase in acreage for oil type varieties or are unchanged this year. The only state expecting a decline is Colorado. Area intended for non-oil varieties, at 202,000 acres, is up 32 percent from last year and if realized will be the highest planted area for the US since 2015.
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Contract Update: Alison Pokrzywinski | Nuseed Sunflower Product Development Manager
Although a lot of contracts have been filled, there are still plenty of opportunities out there. A grower can have a new crop High Oleic contract for $18.50/cwt with a January delivery. This does not include any premiums for oil content. A grower can get a 2 for 1 oil premium for anything over 40%. On many years this is very obtainable!
