Agricultural News
OSU's Dr. Kim Anderson says Wheat Market Holds Good News for Hard Red Winter Wheat- and we have your SUNUP preview
Thu, 18 Aug 2011 16:48:52 CDT
Dr. Kim Anderson, Grain Marketing Specialist from Oklahoma State University says the big news in the wheat market over the past couple of days is the increase in wheat price, which means the market is lowering their expectations for spring wheat production. Anderson says this is good news for hard red winter wheat because it means there is less high protein wheat to blend with lower quality wheats.
When it comes to the world marketplace, Anderson believes the current situation is holding back U.S. wheat prices. Russia and Ukraine are still determined to become major exporters in the wheat market. Anderson says analysts that he have talked with are lowering their projections for U.S. exports and the demand for U.S. wheat will probably lower on the export market.
The drought is still causing problems for wheat farmers across Oklahoma. While producers are usually fertilizing right now, Anderson says many producers are holding back on that right now until they get some rain, especially in southern and western Oklahoma. Anderson's final piece of advice for producers, if you have wheat in storage, hold onto it a little while longer.
Click on the LISTEN bar below to hear the rest of Lyndall Stout and Dr. Anderson's conversation on the current wheat marketplace.
Besides Dr. Anderson, also this week on SUNUP, we visit with Randy Taylor at the Ag Technology Field Day in Enid. We also talk to producer Matt Steinert in the field, as he demonstrates the vertical GPS technology he's using for terracing.
In Cow-Calf Corner, Glenn Selk explains why calves may be arriving earlier than expected.
Derrell Peel recaps this summer's cattle market activity.
In the Mesonet report, Al and Gary discuss rainfall totals and soil moisture levels, and explain why the recent rains have not been enough to break the drought.
In Shop Stop, Wayne and Randy have tips for clean soldering.
We return to Peach Crest Farms near Stratford to learn about the Farm to School program with owner Susan Bergen.
In addition, Jason Young discusses how the Robert M. Kerr Food & Agricultural Products Center helped establish food safety and management practices at Peach Crest.
Then, highlights from the dedication of the new OSU Institute for Agricultural Biosciences in Ardmore, featuring comments from Burns Hargis and Robert Whitson.
Finally, a brief preview of next week's special coverage on SUNUP of the Oklahoma drought.
SUNUP airs Saturdays at 7:30 a.m. on your local OETA channel.
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