OSU's Kim Anderson Talks about the Prices of Hard Red Winter Wheat as Harvest Wraps Up Across The CountryThu, 20 Aug 2020 17:33:39 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 is talking about the wrap of the Hard Red Winter Wheat Harvest. Anderson said the prices are not very good, "You look at the USDA, they're predicting an average annual price of $4.50 cents a bushel, the last five years Oklahoma prices have averaged 32 cents a bushel below the USDA price, that puts our projected average annual price at $4.18 cents. The average price in June was $4.26 July was $4.12, August is around $3.90. So, the outlook is for I think slightly higher prices as we go out into the fall, but not very much movement in it." To hear more analysis from Dr. Anderson, click or tap below.
This week on SUNUP, Alex Rocateli tells us about research his team is conducting into a new potential cover crop and forage for Oklahoma.
- Then, in the Mesonet weather report, Wes Lee shows us how soil moisture is faring across the state. Gary McManus says drought is intensifying in southwest Oklahoma and forecasts show little relief ahead.
- Dove season is approaching and Brian Arnall and Dwayne Elmore show us the benefits of preparing a food plot.
- Kim Anderson says if producers don’t think they can get five dollars per bushel for their wheat at harvest, they should think about planting a different crop.
- In Cow-Calf Corner, Glenn Selk explains the benefits of weaning calves for 45 days ahead of sales, including value-added sales like OQBN.
- Derrell Peel looks ahead to fall beef projections.
- Finally, in Food Whys, Darren Scott has a history of breakfast cereals.
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Sunday at 6 a.m. on OETA-TV
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