Agricultural News
Kim Anderson of OSU predicts wheat prices moving higher- And we have your SUNUP Preview
Thu, 26 May 2011 16:09:35 CDT
Grain Marketing Extension Economist from Oklahoma State University Dr. Kim Anderson discusses current wheat prices, future contracts for wheat and seed wheat prices. Anderson says, numbers for wheat right now are well above $9.00 according to the Kansas City Board of Trade July wheat contract and trading is currently between $8.60 to $9.60 and moving daily.
Anderson says he predicts prices to move slightly higher further into the year because of production problems in other countries, but it is really anyone's game right now. Also, the basis of wheat prices is strong as we continue into harvest and prices are favorable to producers.
You can see the rest of Kim and Dave Deken's interview on the current wheat market and what to expect with future contracts- that can be seen on Saturday morning on OETA- or you can hear the conversation now by clicking on the LISTEN BAR that is below now.
Besides Kim Anderson and the future of the wheat markets, also this week on SUNUP, Dr. Lyndsi Gilliam and Dave Freeman discuss the EHV-1 outbreak in horses.
We travel to Kay County for a wheat crop update with producer Don Shieber, Mike Schulte and Cori Woelk. Plus, we discuss variety and wheat breeding with Brett Carver.
In the Mesonet report, Al and Cindy discuss Tuesday's tornadoes and the large amount of rain northeastern Oklahoma received in the past week.
Glenn Selk explains how to evaluate teat soundness in Cow-Calf Corner.
In Naturally Speaking, Dwayne Elmore identifies common pasture weeds that are beneficial to livestock, birds and wildlife.
In Shop Stop, Randy and Wayne explain various uses for magnets to improve efficiency around the shop.
Finally, we introduce viewers to a custom harvest crew from South Africa as they stage their combines and equipment in Garfield County.
SUNUP airs Saturdays at 7:30 a.m. on your local OETA channel.
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