Agricultural News
OSU's Kim Anderson Says Wheat Prices Will Continue to 'Wallow Around'
Thu, 04 Apr 2013 18:11:32 CDT
Wheat prices have been volatile this week, dropping on Monday and Tuesday and regaining a little strength as the week goes on. Kim Andersen, Oklahoma State University Grain Marketing Specialist says in his preview of this week's SUNUP program that he expects that volatility in the wheat price to continue into next week.
"I think it's probably going to wallow around and wait for next week's USDA Supply and Demand report that comes out on Thursday. That report could have an impact on the market. The market is anticipating, based on finding more corn, finding more wheat than we had on the report last week. We'll just have to wait and see. I think it's just going to wallow around for a while."
Anderson says that recent projections on wheat production released by Informa are predicting slightly above-average yields.
Also on this week's SUNUP:
--4-H Day at the Capitol with Charles Cox, Matthew Chuning and Senator A.J. Griffin.
--The crew travels to Holdenville to look at the Hughes County youth livestock feed-out program with Aubie Keesee.
--Derrell Peel explains how the recent USDA grain reports impacted cattle markets.
--In the Mesonet report, Al Sutherland and Gary McManus analyze how recent rains are improving dry conditions.
--Clint Rusk talks about the benefits of showing livestock and offers tips to improve performance in the ring.
--In Shop Stop, Wayne Kiner and Randy Taylor demonstrate how to mark an oil filter.
--In Cow-Calf Corner, Glenn Selk helps producers decide whether to early wean calves.
--SUNUP visits with Mark Johnson, coach of the 2012 national champion OSU Livestock Judging Team, about what it takes to compete and how students benefit both personally and later, professionally. Students Jamie Bloomberg and Clay Zwilling also share their experiences.
-Finally, graduate student Patrick Bell invites viewers to the OSU Community Field Day on April 13, at the agronomy farm.
Catch SUNUP: Saturdays at 7:30 a.m. & Sundays at 6 a.m. on OETA or online at http://www.sunup.okstate.edu or http://www.youtube.com/sunuptv.
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