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

advertisements
   
   
   
   
   
   

Agricultural News


Kim Anderson: Oklahoma Wheat Production Down, World Wheat Supplies Up

Thu, 15 May 2014 18:32:47 CDT

Kim Anderson:  Oklahoma Wheat Production Down, World Wheat Supplies Up
Reports are coming in that Oklahoma's 2014 wheat crop is going to be one of the worst in many, many years. In his preview for this weekend's SUNUP program, Oklahoma State University Extension Grain Marketing Economist Dr. Kim Anderson says he concurs.


"I think those reports are probably correct. You'd have to go back '50s to get production this low. I think the market may have already taken this short crop into consideration and maybe thinks that it's a little bigger than it was a couple of weeks ago."


He says a fall off about 50 cents in grain prices over the last few weeks tends to show that traders think there may be more wheat out in the field than first thought. He says that if the Kansas City July contract breaks below $8 in the coming week, then it will fall to the $7.60 support level. Domestic prices may have reached their peak for the year.


Ending stock projections indicate there is plenty of grain in the world, Anderson says, despite the lowered production here.


Also on this week's SUNUP:

-- SUNUP takes viewers to Lahoma for the annual Wheat Field Day at the North Central Research Station. Interviews and topics include Jeff Edwards, wheat varieties and crop quality; Josh Bushong, canola varieties and crop quality; Jody Campiche, farm bill; and Rick Kochenower, crop rotation.


-In the Mesonet report, Al Sutherland and Gary McManus look at rainfall amounts, wind gusts and averages, and the latest drought monitor.


-Next, in Cow-Calf Corner, Glenn Selk covers research on the benefits of culling unruly cows from a herd.


-Finally, Derrell Peel tells why the U.S. is importing more cattle from Canada and fewer cattle from Mexico.


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 says wheat prices may have peaked and are on their way down.
right-click to download mp3

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Oklahoma Grain Elevator Cash Bids as of 2 p.m. September 30, 2022  Fri, 30 Sep 2022 16:43:53 CDT
  • Chairman David Scott Releases Statement Congratulating Vincent Garfield Logan on His Confirmation to Farm Credit Administration Board  Fri, 30 Sep 2022 15:07:33 CDT
  • Op-Ed from Kenneth Corn: USDA- We Serve Rural Communities Too  Fri, 30 Sep 2022 14:57:02 CDT
  • Hard Red Winter Wheat production lowest since 1957  Fri, 30 Sep 2022 14:44:28 CDT
  • Latest Southern Plains Perspective Blog: Hot, dry, dust and smoke all outside the back door.  Fri, 30 Sep 2022 13:47:21 CDT
  • Wheat Production Estimates for Oklahoma Fall Six Percent from August to September   Fri, 30 Sep 2022 12:16:36 CDT
  • Younger Cows are Starting to Come to Town, Says Bob Rodenberger  Fri, 30 Sep 2022 10:46:55 CDT
  • BASF's First Bale of Cotton Helps Raise Money for Scholarship  Fri, 30 Sep 2022 10:12:04 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

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

       

    Search OklahomaFarmReport.com

    © 2008-2022 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.