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Agricultural News

OSU's Kim Anderson Talks with SUNUP about The 2020 Wheat Crop Prices

Thu, 21 May 2020 16:25:01 CDT

Oklahoma State University Extension Grains Market Analyst Dr. Kim Anderson talks about what is going on in the Wheat Markets weekly on SUNUP.

This week Dr. Anderson talks about the price of wheat, and the fact that we have seen about a 15 cent increase in price over a couple of days, Russia announced that they were lowering their 2020 production on 2.84 billion down to 2.8 billion. Anderson says if you look at Russia and wheat, in 2015 their baseline was somewhere around 2 billion bushes. In 2016, 2017, and 2018 they averaged 2.8 billion bushels and had one year at 3.1 billion bushels. Dr. Anderson says this is important because they had that step up in production and he thinks they've stabilized, "And now as the world demand for wheat grows. I think we could pick up a little bit more in that market now."

This weekend's SUNUP is preempted this weekend on OETA.

We still talked with Kim Anderson on the YouTube channel.

Have a safe Memorial Day weekend, and there will be an all new SUNUP episode next weekend.

You can see previous episodes of Sunup by visiting the websites below.

Saturday at 7:30 a.m.
Sunday at 6 a.m. on OETA-TV
YouTube.com/SUNUPtv
SUNUP.okstate.edu


   

   

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