Kim Anderson Explains How the Black Sea Region Has Taken Over Global Wheat Exports Since 2000Fri, 01 Feb 2019 05:06:38
The wheat-producing area of eastern Europe often referred to as the “Black Sea Region,” consists most notably of Russia, Ukraine and Kazakhstan. In his appearance this weekend on SUNUP, Oklahoma State University Extension Grain Market Economist Dr. Kim Anderson visits with host Dave Deken about the region’s recent cornering of the global wheat market.
To put into perspective just how quickly the region was able to assert its dominance in the market, consider the fact that in 2000, total world wheat exports amounted to 4.17 billion bushels. This year, world wheat exports are projected to increase by 2.5 billion bushels up to 6.66 billion bushels total. According to Anderson, the Black Sea Region accounts for 88 percent of that growth. Russia alone, exported only 19 million bushels of wheat in 2000 and this year will export 1.34 billion bushels.
So, how did these countries manage to accomplish this? Anderson explains that it was a concerted effort to improve their infrastructure and production practices and invest in better equipment and technology. Anderson says this has helped to nearly triple the region’s export capacity as well as the industry’s overall efficiency.
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 Deken’s weekly chat with Dr. Anderson- the SUNUP crew has a very full lineup for your viewing this weekend:
This week on SUNUP we learn from Alex Rocateli about preparing alfalfa pastures for spring.
- In the Mesonet weather report, Wes Lee shows us how January temperatures fluctuated. Gary McManus says drought is not officially in the state, but it could creep in from the crook of Texas.
- Dr. Barry Whitworth explains why it is important for horses to be examined by a veterinarian before spring and how to prevent inter-equine diseases.
- Kris Hiney has information about preparing horses for competitions and events. She also tells us about the monthly equine webinar.
- In Cow-Calf Corner, Glenn Selk explains the science behind a newborn calf’s immune system.
- Derrell Peel says the extremely cold weather in parts of the U.S. could have a minor impact on cattle and beef markets.
- In Food Whys, Darren Scott explains the USDA’s Food Defect Action Levels and what that means for the food we eat.
Join us for SUNUP:
Saturday at 7:30 a.m.
Sunday at 6 a.m. on OETA-TV
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