OSU's Kim Anderson says Wheat Prices may have Peaked, and Producers should start Staggering the Sale of their Crop.Tue, 24 Nov 2020 18:54:45 CST
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 whether producers should price wheat for 2021 delivery. Anderson says the market is off to a pretty good start for harvest delivery, "If you go back over the last five years, its a really good price. Northern Oklahoma, Its $5.50, You go to Texas Panhandle, Oklahoma Panhandle or Southern Oklahoma its $5.35 cents. That's a relatively good price. I wouldn't get crazy on how much I forward contracted but I would forward contract some so I could sleep at night."
To hear more from Dr. Anderson on Sunup, click or tap below
This week on SUNUP, we learn how guard dogs protect herds of small animals.
- Then, in Cow-Calf Corner, Glenn Selk explains how body condition scores impact reproduction effectiveness in cattle.
- Josh Lofton tells us why building a system will benefit long-term crops.
- In the Mesonet weather report, Wes Lee shows us how moisture is measured at different soil depths. Then, Gary McManus says long-term outlooks show a warm and dry winter ahead.
- Dr. Barry Whitworth has information for helping orphaned lambs.
- Kim Anderson says wheat prices may have peaked, and producers should start staggering the sale of their crop.
- Finally, Amy Hagerman reminds us of the PLC and ARC enrollment deadlines.
From the SUNUP team: Have a great Thanksgiving!
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