Dr. Kim Anderson Explains how Food Security is Impacting the Prices of CommoditiesThu, 25 Feb 2021 20:04:41 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 says there's a new buzzword, and that word is food security, "Do you ever wonder how the world could have record production, have record ending stocks? That means a supply increase, and prices increase about $2 per bushel. And what you see is food security. Countries have recently decided they need more food in storage or wheat in this case. So we've seen the importers buy more wheat and seen demand increase dramatically. And it has reduced the suppliers supply and therefore prices have gone up, and that's called food security."
This week on SUNUP, Amy Hagerman has information for producers across Oklahoma who may have experienced production losses in the recent winter storms.
- Kim Anderson explains how food security is impacting the prices of commodities.
- Then, in the mesonet weather report, Wes Lee shows us how the Oklahoma Mesonet can help producers predict when first hollow stem is appearing in the wheat crop. Gary McManus says the recent snow was not much help for the drought picture across Oklahoma.
- Derrell Peel breaks down how the cattle markets were impacted by the cold weather across the Southern Great Plains.
- We learn how to pull a calf with Dr. Barry Whitworth and OSU Extension's calving simulator.
- In Cow-Calf Corner, Glenn Selk tells us why now is the time for producers to think about estrous synchronization for upcoming artificial insemination in the spring. He also introduces us to Mark Johnson who will be taking over the Cow-Calf Corner on SUNUP starting in March.
- Kris Hiney 1> has information about the upcoming horse owner workshops as well as seminars for equestrians with disabilities.
Finally, in Food Whys, Darren Scott tells us about the history of peanut butter.
Saturday at 7:30 a.m.
Sunday at 6 a.m. on OETA-TV
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