Oklahoma's Latest Farm
And Ranch News

Your Update from Ron Hays of RON
Friday, March 19, 2021
OSU Crop Marketing Specialist, Dr. Kim Anderson says Excitement is Starting to wane in the Commodity Markets
Oklahoma State University Extension Grains Market Analyst Dr. Kim Anderson talks about what is going on in the Wheat Markets weekly on SUNUP.

This week Dr. Anderson says the excitement with the prices is starting to go down a little bit, "You look at wheat prices, go back in February, you could forward contract for harvest delivery for $6.50 A bushel. Right now it's around $5.95 Something like that. Corn, you can forward contract harvest delivery $4.59 That's down from $4.70, So it's, 11 cents down not much there. Milo has went down from late March, $5.65 down to $5.56.

Nine cents there, so not much. Soybeans $11.73 For hardest delivered beans right now, down from $11.92. So you don't see much going on in the markets, I think wheat is more risk than the corn, Milo , and soybean prices, I think we may have support there, but they are probably going to wall and we may have support there they're probably going to wallow around. But Wheat, I think we still got some more downside pressure."


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Host Ron Hays talks with Oklahoma Third District Congressman Frank Lucas about two recent pieces of legislation that he voted against- HR 1, the Democrat's Voting Rights Bill that would strip power away from the states on how to register and verify voters- and also the Budget Reconciliation Bill that the Biden Administration is calling the American Rescue Plan. Hays and Lucas also talked about confirmation of Tom Vilsack to be USDA Secretary- Lucas saying he is "relieved" that Vilsack was President Biden's choice to be Secretary.

Rep. Lucas also talked about the CFAP money that is being held up by the Biden USDA- saying that Congress offered explicit instructions on funds to be spent to compensate cattle producers who sold cattle at a loss April 15 thru May last year as COVID devastated the market.

The Congressman also talked about the groundwork ahead of a 2023 Farm Bill and what he is working on in the Science Committee to help research back on track after a year of dealing with the Pandemic.

To find out more about our full series of Podcasts on The Road to Rural Prosperity- click or tap here. 


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Tim West
President/General Manager
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Ron Hays
Director of Farm Programming
Radio Oklahoma Ag Network

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