Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211


Agricultural News

Anderson Says Grain Prices Testing Bottom Supports and Could Drop Lower

Thu, 22 Aug 2013 15:54:47 CDT

Anderson Says Grain Prices Testing Bottom Supports and Could Drop Lower
In this week’s preview to the SUNUP program, Oklahoma State University Small Grain Marketing Specialist Kim Anderson says there’s a lot going on in the markets, but there’s not a lot happening with prices.

“You look at the corn crop-we may be fixin’ to harvest a 14-billion-bushel corn crop here in the United States. They are already cutting in the extreme southern parts of the United States. You’ve got reports in Canada that they’re fixin’ to harvest the biggest wheat crop in the last 20 years. That’s going to bring some protein on the market to compete with ours. They’re talking about a record canola crop in Canada. Reports this week said that Australia’s crop is going to be below average or the odds are that it will be below average and less than the last couple of years. You just have a lot going on around the world that has the potential to impact price, but there’s just no price movements.”

He said the Kansas City and Chicago September and December contracts are moving in a 20- to 25-cent price range with most of the movement recently at the bottom end of that range. He said if the market continues to hammer on that bottom support, prices could break lower. You can hear the rest of Kim Anderson's analysis by clicking on the LISTEN BAR at the bottom of this story.

Also on SUNUP this week:

--SUNUP explores the Plant Variety Protection Act with Jeff Edwards and talk about variety availability with Roger Osburn.

--In the Mesonet report, Al Sutherland and Gary McManus discuss the rain our state has seen in the past 90 days.

--In Cow-Calf Corner, Glenn Selk discusses the length of time to wait before intervening in a cow's labor.

--Then, SUNUP heads to the North Range Research Station with Dave Lalman and Terry Bidwell to discuss the options for dealing with pasture weeds.

--In Shop Stop, Randy Taylor and Wayne Kiner offer a method for removing a stuck bolt.

--Finally, in Naturally Speaking, Dwayne Elmore explains the legal considerations of manipulating fields for Mourning Dove hunts.

Catch SUNUP Saturdays at 7:30 a.m. & Sundays at 6 a.m. on OETA-TV or online at http://www.sunup.okstate.edu or http://www.youtube.com/sunuptv.



Kim Anderson analyzes grain markets in this week's SUNUP preview.
right-click to download mp3


WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • AFBF Leads 135 Farm Groups in Asking President Trump, Congress to Give Farmers Disaster Relief  Fri, 19 Apr 2019 13:39:42 CDT
  • Oklahoma State FSA Director Scott Biggs Contends on Farms and Ranches, Every Day Is Earth Day   Fri, 19 Apr 2019 13:35:34 CDT
  • Ag Banks Make Adjustments as Lending Remains Elevated, According to the Federal Reserve Bank  Fri, 19 Apr 2019 13:23:54 CDT
  • U.S. Grains Council Supports World Trade Organization Report Finding China Misused Corn TRQ  Fri, 19 Apr 2019 13:15:57 CDT
  • Check Out Your 2019 Southeast Area Star in Agribusiness, Colten Spears of the Atoka FFA Chapter  Fri, 19 Apr 2019 13:31:19 CDT
  • Kim Anderson Says Price Forecasts Not Great for Commodities Even Though the Weather Forecast Is  Fri, 19 Apr 2019 13:08:19 CDT
  • OKFB's Ron Justice Monitors Progress of Concerning Water Bills as Important Deadline Approaches  Fri, 19 Apr 2019 12:49:53 CDT
  • Cattle on Feed Up 2% - OSU's Derrell Peel Breaks Down the Numbers in this Month's USDA Report  Fri, 19 Apr 2019 11:00:38 CDT

  • More Headlines...


    Ron salutes our daily email sponsors!

    Herbs Herb Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment AFR Insurance Oklahoma City Farm Show Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Search OklahomaFarmReport.com

    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.