top of page

UA News and the Unconventional Ag event series are no longer being offered. You can continue to stay updated on the global ag, agtech, food, and food tech sectors through our other publications and events: Global AgInvesting conference series, AgInvesting Weekly, Agtech Intel NewsWomen in Agribusiness Summit, and Women in Agribusiness Today.  We are grateful for your past support, and look forward to staying connected with you through our range of media platforms.

  • Condensed by Lynda Kiernan-Stone, Unconventional Ag Media

How Was 2023 for Sunflower Growers, and What Do Analysts Expect for 2024?

Sunflower oil consumption in the U.S. has jumped 50 percent in only the past five years, with no signs of slowing down. And according to the USDA, since 2010, confection sunflowers have offered one of the highest returns per acre available in the sunflower growing region. A combination of increasing demand and lower seed stocks from previous crop years resulted in higher contracted acres in 2023, but it was a challenging growing year with April winter storms in the Dakotas and Minnesota, slower crop development compared to the five-year average due to late planting, severe drought in Kansas and Colorado, and widespread power outages in the High Plains and Minnesota due to winter storms in October that affected yields.

The USDA’s October forecasts U.S. production at 2.19 billion pounds, or 22 percent down from the revised 2022 output of 2.81 billion pounds. Area planted at 1.32 million acres was down 2 percent from the USDA’s June estimate, and growers are expected to harvest 1.26 million acres - down 2 percent from the June forecast and 21 percent down from 2022.

Looking ahead to 2024, analysts believe that acres will increase given the interest being expressed by producers, and based on historical usage, an increase in acres of 20-25 percent in 2024 can easily be added without impacting prices, given current demand.


NeverStop - 650x85.jpg
CPM Logo Image
LECO Ad Image
MOSOY-NovDecJan-1000 x825-02.png
UA News Subscribe Image


Contact Lynda Kiernan-Stone,

editor of Unconventional Ag News, to submit a story for consideration:

bottom of page