Agricultural News
OSU's Kim Anderson Addressed the Flooding of Wheat Fields and the Concern Many Farmers Share
Thu, 30 May 2019 18:47:26 CDT
In his weekly visit with SUNUP host Lyndall Stout this weekend, Oklahoma State University Extension Grain Market Economist Dr. Kim Anderson addressed the flooding of wheat fields and the concern many farmers share, wondering when or if they will be able to harvest their crops at all. According to Anderson, the latest estimates indicate a 15 percent loss in overall production in Oklahoma.
However, the unknown about this year's crop is the quality of the wheat that will be harvested. Anderson eludes to the fact that if we get any more rain this year, the biggest concern will be sprout damage to the wheat crop.
"Sprout damage is not like a fungus but it reduces the milling quality of the wheat," Anderson said. "Once it sprouts, it cannot go into the flour milling process or the flour markets."
The good news in Oklahoma right now is the price of wheat. Since May 12th the markets have seen a $.66/bu increase in wheat prices. That puts the current price at $4.38/bu. Nonetheless, Anderson says there is always a 50 percent chance that the prices will go up and a 50 percent chance that the prices will drop. The biggest issue with prices right now is that the dollar index is up to .98. Oklahoma prices are also out of the export market right now, Anderson explained adding that either domestic prices need to come down or world prices need to go up.
With all of the rain that has been dumped on Oklahoma lately, some producers are considering planting sorghum as a late season alternative to corn for their summer crop. Anderson suggests before producers make that decision, that they consider cost of production differences and their ability to manage both of the crops.
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.
This week on SUNUP, we learn from Josh Lofton how flooded fields are limiting summer crops and when replanting is an option.
- In the Mesonet weather report, Wes Leeshows us areas of the state that are starting to dry out- a little. Gary McManus says Oklahoma should expect rain through the end of next week.
- Sergio Abithas advice for folks with septic systems in flooded areas.
- Kim Anderson says wheat and corn prices are creeping higher as progress on the 2019 crops slow across the state.
- Amy Hagerman has an update on the 2019 Market Facilitation Program as well as USDA programs for disaster relief.
- In Cow-Calf Corner, Glenn Selk looks at the dangers of baling wet hay.
- Finally, Dave Lalman takes us to the Stuart Ranch in Jefferson County to show us how they work calves the same way as they did in 1868. He also has a reminder about the upcoming Northwest Oklahoma Ranch Tour.
- Again, we have links to County Extension Offices and resources for help following natural disasters.
Join us for SUNUP:
Saturday at 7:30 a.m.
Sunday at 6 a.m. on OETA-TV
YouTube.com/SUNUPtv
SUNUP.okstate.edu
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