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

According to OSU's Kim Anderson, Volatility Rules the Wheat Markets

Thu, 17 Apr 2014 17:55:44 CDT

According to OSU's Kim Anderson, Volatility Rules the Wheat Markets
In his preview to this week’s SUNUP program, Oklahoma State University Extension Grain Marketing Specialist Kim Anderson says there’s one word to describe current wheat markets: volatile.

“On February 3rd we had $6 on that July contract. By March 20th it was up to $7.94 1/2. On April 11th it was back down to $7.23 and then, of course, this week it peaked out again at $7.80. So, you’ve just got a lot of volatility from the drought, the freeze and what ‘s going on in the Ukraine.”

Anderson says that one factor that could keep prices high for Oklahoma wheat producers is the quality of wheat given the weather stresses. Last year’s crop was high in protein which increased its demand and has kept prices higher.

“If we have good protein this year, it’s going to assure us export demand. The excess or high export demand will depend on what the protein is around the rest of the world, but protein never hurts.”

Click on the LISTEN BAR at the bottom of this story to hear more from Kim Anderson.

Also on this week’s SUNUP, Jeff Edwards has an update on Oklahoma's wheat crop including freeze damage potential, disease and insect pressures. Then, Brian Arnall talks about managing nitrogen deficiency in wheat and other nutrient concerns.

--In the Mesonet report, Al Sutherland looks at the hours below freezing, soil temperatures and the percentage of normal rainfall for the year.

--In Cow-Calf Corner, Glenn Selk explains the importance of checking udder soundness in order to make culling decisions.

--Derrell Peel looks at wholesale and fed cattle markets, as well as the factors that could impact seasonal beef prices.

--In Naturally Speaking, John Weir has tips on putting together slip-on pump units for prescribed fire support.

--Finally, SUNUP feature the sights and sounds of Oklahoma Cooperative Extension's Centennial Whistle Stop & Festival from Wellston. Interviews include James Trapp, Recia Garcia and Kevin Allen.

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 talks about wheat and corn markets in his preview to this week's SUNUP program.
right-click to download mp3


WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Latest Fire Situation Report Shows Cimarron and Texas still in Fire Danger   Tue, 07 Apr 2020 10:57:57 CDT
  • Speakers to Cover Farm Security Topics at 2020 Virtual Summit  Tue, 07 Apr 2020 09:55:47 CDT
  • Team Sorghum Hires New Director of Operations, Promotes Duff to Executive Vice President  Tue, 07 Apr 2020 09:51:47 CDT
  • Farmer Sentiment Plummets as Coronavirus Concerns Rise  Tue, 07 Apr 2020 09:44:03 CDT
  • Beef Industry Focuses On Sustainabiity, says NCBA's Alisa Harrison  Tue, 07 Apr 2020 09:37:55 CDT
  • COVID-19 Shows Importance of Emergency Financial Plans  Tue, 07 Apr 2020 08:36:47 CDT
  • Glenn Selk Says Body Condition score at Calving is The Key to Young Cow Success  Tue, 07 Apr 2020 08:19:50 CDT
  • Tuesday Preopening Market Update with Dave Lanning  Tue, 07 Apr 2020 07:18:57 CDT

  • More Headlines...


    Ron salutes our daily email sponsors!

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

    Our Road to Rural Prosperity sponsors!


    Search OklahomaFarmReport.com

    © 2008-2020 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.