Agricultural News
OSU's Dr. Kim Anderson Analyses Recent WASDE Report for Wheat- and we have your SUNUP preview
Thu, 14 Jul 2011 16:42:15 CDT
Grain Marketing Specialist from Oklahoma State University, Dr. Kim Anderson gives an analysis of the recently released USDA World Agricultural Supply and Demand Estimates report, specifically on the wheat prices and production. Production of wheat came up in this report from last months coming in at 2.11 billion, says Anderson.
The ending stocks for wheat were at 670 million bushels, which is down about 22% from previous reports. However, wheat prices were higher and seem to have leveled off and are remaining higher, says Anderson. Prices have risen to about $7.65, which Anderson says prices are in a temporary sideways pattern and producers should expect prices to break, either going up or going down.
Finally, Anderson says there is still a lot of information out as the rest of the northern hemisphere needs to finish up wheat harvest and to expect more solid results around the end of August.
Click on the LISTEN bar below to hear the rest of Dr. Anderson and Austin Moore's conversation on the recently released WASDE report- and how it is checks in with wheat.
Besides Dr. Kim Anderson, also this week on SUNUP, we profile urban agriculture, beginning with an overview of the industry's economic impact in Oklahoma with Dave Shideler.
We also visit with John Easton, president of Easton Sod Farms in Bixby. Easton takes us to the field where he's growing the Patriot variety, developed at OSU, that will be installed at the new football practice fields on campus next week.
Then, Dennis Martin gives us an overview of turfgrass research, including efforts to develop drought-tolerant varieties.
In the Mesonet report, Al and Gary explain how Oklahoma's dry soil is contributing to the extremely high temperatures. They also show how the U.S. Drought Monitor is worsening and provide the long-term drought outlook.
Finally, in Cow-Calf Corner, Glenn Selk and Dr. John Kirkpatrick discuss the value of conducting an autopsy when a cow suddenly dies, to reduce the risk to the remaining herd.
SUNUP airs Saturdays at 7:30 a.m. on your local OETA channel.
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