This Week on SUNUP - Planted Acres Shift Lower in the US While They are Grow Across the GlobeThu, 23 Feb 2017 19:25:29 CST
This week on SUNUP, Oklahoma State University Extension Grain Market Economist Dr. Kim Anderson talks with anchor Dave Deken about domestic crop production with an international comparison as well.
According to Dr. Anderson’s report, producers here at home in Oklahoma are following a trend to plant less acres in both corn and wheat. He says since 2012 planted acres of corn, based on projections for this year, have fallen by nearly 7 million acres. As for wheat, planted acres in Oklahoma are projected to be the lowest they’ve been this year since around 1906, falling from 55.3 million acres in 2012 to an estimated 46 million in 2017.
On the other hand, both soybeans and cotton have ridden rising prices to increased acres of production recently, with soybeans alone jumping close to 10 million acres since 2012. However, citing a recent study, Anderson says the soybean bubble could pop soon as profit ratios become increasingly thinner.
“There’s not as much profit in soybeans as say it looked like there would be a month or two ago,” he said.
Meanwhile, land being taken out of production is either being put to pasture or being left fallow by producers. Regarding our competitors around the world - Anderson tells a different story.
“We had less planted acres in the United States and increased production around the world,” he concluded.
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 Dr. Anderson’s weekly chat - the SUNUP crew has a very full lineup for your viewing this weekend:
This week on SUNUP, we learn from Kelly Sues about the potential impact of alfalfa weevils on Oklahoma’s alfalfa crop.
- In Vet Scripts, Dr. Barry Whitworth explains how to identify calf scours and how best to treat it.
- Then, Damona Doye shares farm management resources for producers needing help streamlining their finances.
- In the Mesonet weather report, Al Sutherland shows us the parts of the state that fared the best after the recent rains.
- Kim Anderson says planted acres are shifting lower in the U.S. while they are growing across the globe.
- In Cow-Calf Corner, Glenn Selk has advice for managing herds against calf scours.
- In Food Whys, Guadalupe Davila El-Rassi explains the difference between good fats and bad fats.
- Finally, we travel to Noble County see how a Smithsonian exhibit is highlighting the way they work.
Join us for SUNUP:
Saturday at 7:30 a.m. & Sunday at 6 a.m. on OETA-TV
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