OSU's Kim Anderson explains Why there have Been price Swings in many of the Crops Grown in Oklahoma.Thu, 07 Jan 2021 15:36:21 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 the jump in grain prices, "You go back early December to today and we've had anywhere from a 16 to 20% increase in prices. You look at wheat, early December $5.00/bushel, they are up to about $5.80 now. Forward contract in early December, $5.25, Its $5.95 cents right now. Corn went from $4.00 to $4.80, forward contract from $3.95 to $4.25. Milo went from $5.60 to $6.45 cents! What a premium for Milo! The forward contract for Milo is not as good, $4.40 in December and its up to $4.70 now. Soybeans went from $11.10 to $13.25. Forward contract was $9.70 in December, $10.85 now. Relatively good price there. Cotton prices went on the futures from 72 cents up to around 80 cents." To hear more from Dr. Anderson click or tap below.
This week on SUNUP, Brian Arnall tell us about the recent Winter Crops School , and have information about the upcoming Red River Crops Conference <
- Then, in Cow-Calf Corner, Glenn Selk explains how the amount of colostrum a calf consumes immediately following birth can impact their well-being.
- Dave Lalman tells us how heifer health can impact a newborn calf's welfare through passive immunity.
- In the Mesonet weather report, Wes Lee recaps 2020 rainfall amounts how they compared to long-term averages. Gary McManus looks at precipitation amounts over the past 30 days.
- We learn how Oklahoma 4-Hers are learning about ATV safety
- Finally, Kim Anderson < explains why there have been price swings in many of the crops grown in Oklahoma.
Sunday at 6 a.m. on OETA-TV
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