Agricultural News
Oklahoma Winter Canola Crop Shaping Up as a Dandy
Tue, 20 Apr 2010 3:58:42 CDT
The 2010 Winter Canola Crop continues to develop rapidly- and Gene Neuens with PCOM believes we have the potential for an excellent crop across the some 80,000 acres that were planted last fall in the state of Oklahoma.
Neuens told us over the weekend at the Southern Plains Farm Show that this year's Canola will end up being four to five feet tall, as it should be, and blooming that is now underway suggests a lot of pods will be set and a bumper crop could follow.
We also talked about the current economics of Canola versus Wheat. Canola is priced at a three dollar plus premium per bushel over wheat- and Neuens points out that southern plains canola is the only oilseed coming to harvest in the June timeframe in all of North America, so the market history shows that some of the best prices of the year for this crop come as Texas, Oklahoma and Kansas will begin to harvest in a few weeks.
Click on the Listen Bar below for our conversation with Gene Neuens. And, if you want to learn more about Winter Canola production and see it up close, click here for details of the Lahoma Research Station Winter Canola Field Day this coming Thursday.
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