Grain Markets Wallowering Around- Kim Anderson Explains AllFri, 09 Nov 2018 05:52:46 CST
Dave Deken and Dr. Kim Anderson discussed the latest USDA Supply Demand numbers released on Thursday morning- and Anderson sees little information from the reports- calling the bottom line of the information coming from Uncle Sam as "mildly negative" for the markets.
Dr. Anderson says the wheat markets are stuck at current levels for now- "the weak export market- we just don't have the export demand we have had in the past" and says that the current wheat market is "wallowering around between $4.85 and $5.20 right now"- referencing current Decemebt Kansas City wheat futures.
He adds that corn and wheat prices are "divorced right now" says that the two grains are not moving in tandem at this time- corn having some positives in the market to trade off on- while wheat has little positive news to help it move higher- at least for right now.
You can can hear Dr. Kim Anderson of Oklahoma State talk wheat and grain markets with Dave Deken right now- or wait til the weekend when you can see the Q&A on OSU produced SUNUP TV show as seen on OETA.
Besides Dr. Anderson- there's lots to check out on this weekend's SUNUP:
SUNUP wlll kick off with an update from Amy Hagerman on the farm bill, following the midterm elections.
- In Cow-Calf Corner, Glenn Selk explains the correct bull-to-cow ratio for the upcoming breeding season.
- Derrell Peel says overstocking wheat pasture should not be a problem, this year.
- Kellie Raper has an update on Oklahoma Quality Beef Network sales.
- Brian Arnall explains different approaches to immobile nutrient management.
- In the Mesonet weather report, Wes Lee looks at how the rain is impacting wheat planting. Gary McManus has great news when it comes to percentage of normal rainfall totals for Oklahoma.
- Then, we learn about the different types of firewood from Salim Hiziroglu.
- Finally, Darren Scott explains the difference between milk allergies and lactose intolerance.
Join the Oklahoma State University Ag Communications Department for SUNUP:
Saturday at 7:30 a.m.
Sunday at 6 a.m. on OETA-TV
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