Agricultural News
Harvest Updates and Analyses Dominate SUNUP Lineup This Weekend
Thu, 24 May 2012 15:27:05 CDT
The progress of the 2012 wheat and canola harvests is the centerpiece of this week's SUNUP program. Reports include a rundown on the North Central Research Station Wheat Tour, a wheat harvest update, a progress report on the canola harvest with Josh Bushong, and a tour of the station's wheat variety test plots. Kim Anderson will have a full analysis of this week's grain markets and a discussion of what he learned on the Lahoma tour.
Anderson says wheat prices increased rapidly this week from $6.10 to $7.30 before settling into a range of $6.80 to $7.30 as buyers await more results from the hard red winter wheat crops around the world. He said ending stocks are not a big factor at the current time in price volatility since wheat ending stocks around the world are slightly above historical averages. He said he thinks the stocks-to-use ratio is currently the driving factor in the volatility we've seen. (You can hear more from Kim by clicking on the LISTEN BAR below.)
Also on this weekend's SUNUP:
· In the Mesonet report, Al Sutherland illustrates how temperature and wind impacts soil conditions, and how the percentage of normal rainfall has tapered off since January.
· In Shop Stop, Wayne Kiner and Randy Taylor demonstrate how to make O-rings.
· Derrell Peel analyzes livestock inventory levels, now declining after last year's liquidation, and why the shift may push beef prices higher.
· Finally, in Cow-Calf Corner, Glenn Selk discusses the classification of cull cows and which ones may bring the most profit.
You can watch SUNUP at 7:30 a.m. Saturday on OETA. You can also see archived programs by clicking here or here.
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