Agricultural News
Anderson Says USDA Crop Report Contains 'Good News, Bad News, and Good News'
Thu, 10 May 2012 18:28:00 CDT
The USDA's first crop estimates for 2012 are out, and OSU's grain marketing specialist Dr. Kim Anderson said there is good news, bad news, and good news in the numbers.
"Oklahoma wheat production was slightly less than expected. The U.S. wheat production was higher than expected and world wheat was lower than expected. So you've got price impacts coming in there that are both positive and negative and it's going to take a little while to figure out what's going to happen in this market."
He says that the USDA projects ending stocks for wheat both in the U.S. and worldwide to be lower than expected which will be positive for prices. Click on the LISTEN BAR below for more from Kim Anderson.
You can hear his full analysis this weekend on SUNUP.
Also on SUNUP the crew travels to the Capitol to highlight the 150th anniversary of the Morrill Act which established land-grant universities in the U.S. Interviews include Robert Whitson, Rob Terry and Elisabeth Willis, a 4-H ambassador from Pittsburgh County.
-Next, we brief viewers on the start of wheat and canola harvest.
-Justin Talley tells us how to control insects in and around a horse barn.
-In Cow-Calf Corner, Glenn Selk gives hay storage tips.
-Derrell Peel looks at how industry uncertainties are impacting the cattle market.
-In the Mesonet report, Al Sutherland demonstrates the changes in fractional soil moisture over the last week because of temperature swings, and discusses the likelihood of pecan scab infections.
-In Shop Stop, Randy Taylor and Wayne Kiner have advice on selecting batteries.
-Finally, we visit Okarche Elementary School, where children make breakfast together and learn about healthy eating.
Catch SUNUP Saturday at 7:30 a.m. on OETA. You can also check them out on their website by clicking here.
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