OSU's Kim Anderson Says we May Be Reaching the Peak of some of the Commodity Prices in OklahomaFri, 22 Jan 2021 08:33:01 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 is pleased with the grain prices moves we have been seeing, "The WASDE report came out last week that drove grain prices higher. You had wheat prices there up around $6.00, these are general prices, Corn around $5.00, you got beans around $13 bucks and Sorghum around $6.60. You look at forward contracting for harvest delivery. Wheat, $6.20, Corn $4.35, Soybeans at $11 and grain sorghym at $5.00. Relatively good prices. We've had good price moves over the last couple of months."
To hear more from Dr. Anderson, click or tap below.
This week on SUNUP, Amanda Silva has an update on the wheat crop, including advice for producers about scouting for leaf rusts.
- Then, Brian Arnall explains different approaches to topdress applications in conventional till and no-till wheat.
- In Cow-Calf Corner, Glenn Selk walks us through the three stages of calving.
- We travel to Pontotoc County to see how OSU Extension is helping with the distribution of the COVID-19 vaccine.
- In the Mesonet weather report, Wes Lee shows us how wheat degree growing dates compare to past years. Gary McManus says things are dry in Oklahoma, but things are really dry to the west of Oklahoma.
- In Food Whys, Darren Scott tells us how Omega-3 Fatty Acids work in our bodies and what foods they are found in.
- Kim Anderson says we may be reaching the peak of some of the commodity prices in Oklahoma. He also answers the question about forward contracting.
- Finally, in Vet Scripts, Dr. Barry Whitworth has information for backyard poultry growers.
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Sunday at 6 a.m. on OETA-TV
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