Agricultural News
OSU's Kim Anderson Says Wheat Prices are Stuck in Narrow Trading Range
Fri, 05 Mar 2010 7:05:55 CST
OSU Grain Marketing Economist Dr. Kim Anderson says that the 2010 winter wheat crop in the southern great plains is significantly better than a year ago, based on the February summary of our crop-weather update issued at the beginning of this week. Current wheat prices seem to say that cash wheat prices in the low $4 area is where we are today- and will likely be when we harvest the 2010 crop come June.
Anderson tells Clinton Griffiths of SUNUP that the best scenario for wheat producers this year is for the bottom of the wheat market to already be in, that they are able to harvest a lot of bushels of good quality wheat this year, that they then store most of the crop and a crop failure occur somewhere else in the world that helps jump prices globally- and as a result back to our wheat producers. Kim's comments are a part of his regular feature on the OSU weekly TV program SUNUP, as seen on OETA statewide.
Click on the Listen Bar below for that conversation between Kim Anderson and Clinton Griffiths.
Besides Kim Anderson- Clinton says a great program has been lined up for this weekend. That includes:
Fighting weeds in a No-Till operation.
Glenn Selk discusses calf scours.
In the shop we talk about removing ball joints.
Dave Lalman looks at how genetics impact ranch budgets and optimizing your herd for maximum profits.
A story about young man in Southeastern Oklahoma who is visually impaired yet pursuing his dream of showing an animal at the county fair.
AGWEATHER looks at overall winter temperatures and precipitation.
We learn how to use the OK Fire website and demonstrate the OK Fire prescription planner.
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