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Agricultural News


Dr. Kim Anderson discusses Drought Impact on Corn and Wheat Prices- and we have your SUNUP preview

Thu, 21 Jul 2011 15:23:37 CDT

Dr. Kim Anderson discusses Drought Impact on Corn and Wheat Prices- and we have your SUNUP preview Grain Marketing Specialist from Oklahoma State University, Dr. Kim Anderson discusses a variety of topics including the drought impact on corn supplies and prices, looks at how corn and wheat markets are related and provides perspective on this week's successful Winter Canola Conference. Anderson says the drought, while being detrimmental to many producers, has helped improve corn prices and soft red winter wheat prices.


Anderson says there probably will be 92 million acres of corn, however, not that many acres may be harvested because of the heat wave and drought. Also, yields will also probably be less than what the USDA is currently projecting, which is about 13.4 to 13.5 billion bushels of corn, says Anderson.


While corn prices are supporting the current prices for soft red winter wheat, Anderson says the USDA predictions will be adjusting as we come into the August report and move into August and September. Anderson's advice for producers on dealing with the drought is to plan on getting a crop in, plan on raising those cattle and plan on making a profit.


Click on the LISTEN bar below to hear the rest of Dr. Anderson and Lyndall Stout's conversation on the drought and heat wave impact on corn and wheat prices- and his update on the Winter Canola Conference.


Besides Dr. Kim Anderson, also this week on SUNUP, Daren Redfearn discusses nitrate toxicity concerns in drought-damaged corn that could be harvested for silage or hay and encourages producers to utilize lab testing before feeding it to livestock.


Tom Royer explains how grasshoppers and blister beetles are impacting alfalfa pastures and summer crops like soybeans.


Terry Bidwell talks about pond maintenance during the drought and watering and management options for cattle.


In the Mesonet report, the team updates the worsening Keetch-Byram drought index and calculates the number of days and regions that have reached temperatures higher than 90 degrees.


Glenn Selk continues his interview about cattle mortality protocol with Dr. John Kirkpatrick.


In Shop Stop, Randy and Wayne keep cool as they demonstrate how to set up a small water mister on a shop fan.


Finally, following-up from last week, we close with shots of crews installing OSU-developed Patriot turfgrass at the new Cowboy football practice fields.


We always like to hear your SUNUP story ideas via email at sunup@okstate.edu. SUNUP airs Saturdays at 7:30 a.m. on your local OETA channel.


Click here to watch SUNUP online.



   



   

Dr. Kim Anderson and Lyndall Stout discuss drought with corn and wheat prices
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