Agricultural News
OSU's Kim Anderson talks Wheat and Canola Pricing Strategy with Lyndall Stout on This Weekend's SUNUP
Fri, 12 Aug 2016 05:26:19 CDT
Oklahoma State University Extension Grains Market Analyist Dr. Kim Anderson talks canola and wheat pricing with SUNUP's Lyndall Stout this week- and points out how the strategy for canola producers to sell most if not all of their crop annually is to do so right at harvest. Here in 2016, Dr. Anderson says the peak canola price in Oklahoma came on June 9th when the price per bushel was $7.10- it fell steadily from that point to $5.25 this week.
For producers of both canola and wheat- Anderson offers some ideas about how to figure 2017 harvest time forward prices- he says the numbers add up to about a $6.25 canola price next June- and a $4.00 wheat price at 2017 harvest. Kim and Lyndall also look at what options that farmers have with their bushels of 2016 wheat they still have in the grain bin- and what the market might offer for those who want to hold into the latter days of this year. You can watch their visit tomorrow or Sunday on SUNUP- but you can hear Kim's comments right now by clicking on the LISTEN BAR below.
Beyond Lyndall's weekly chat with Dr. Anderson- the SUNUP crew has a very full lineup for your viewing this weekend:
They will start with a visit with Saleh Taghvaeian about a DASNR drip irrigation research project. He also offers advice on establishing and maintaining a drip system.
-In the Mesonet weather report, Al Sutherland and Gary McManus evaluate soil temperatures, the latest drought monitor, and the rain and temperature outlook.
-Next, Josh Lofton focuses on sesame, as he continues his rundown of summer crops.
-Derrell Peel explains how the U.S. is again importing fresh and frozen beef from Brazil.
-In Cow-Calf Corner, Glenn Selk explains how stockpiling bermudagrass can reduce winter feed costs.
-In the new segment Vet Scripts, Dr. Barry Whitworth discusses blackleg prevention in cattle.
-Kim Anderson analyzes canola and wheat prices, and talks strategy amid an abundance of wheat.
-Finally, SUNUP looks back to this past winter as they feature the international travel experience of the Oklahoma Agricultural Leadership Program Class XVII across Vietnam.
Join us for SUNUP:
Saturday at 7:30 a.m. & Sunday at 6 a.m. on OETA-TV
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