OSU Crop Marketing Specialist, Dr. Kim Anderson says he is Growing Nervous about the Price of Wheat.Thu, 11 Mar 2021 14:38:23 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 wasn't any big Changes in this months WASDE report, and for prices to change in the market, we may have to see a few surprises, "When wheat comes out of dormancy we're wanting to know how much winterkill there was on the wheat. I talked to producers it's growing rampid right now. However, we could have some surprises there, we could have surprises in the weather and precipitation. Availability of fertilizer and other inputs, I've talked to producers and there's a shortage of fertilizer now for top dressing and that can cause an unexpected event to wheat in lower yields. You've got exports, I think that's the big key to our prices. Is China going to come back in the market? Are exports going to remain strong? We've got the dollar, the value of the US dollar, it went down for several months it's been coming back recently and that that damages and hurts our exports. And then you've got the march 1 planting intentions report, we could also have some surprises in it."
To hear more from Dr. Anderson, click or tap below.
This week on SUNUP, Alex Rocateli has advice for alfalfa growers as the crop comes out of dormancy.
- Then, in the Mesonet weather report, Wes Lee shows us how the Drift Risk Advisor can help producers as they plan crop applications. Gary McManus says cooler temperatures may be here in the coming weeks.
- Brett Carver shows us how the recent freeze has impacted research wheat in the nursery.
- Kim Anderson says the WASDE report was on-target, but he is growing nervous about the price of wheat.
- In Cow-Calf Corner, Mark Johnson explains how to read an Expected Progeny Difference (EPD) report and how it can be used to select a bull.
- Derrell Peel says the feeder cattle markets are struggling, and they may be late to rally.
- Dr. Barry Whitworth says producers should make sure the animal is actually suffering from foot rot before treating.
Finally, in Extension Explains, Kris Hiney tells us how artificial light can help horses start cycling.
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Sunday at 6 a.m. on OETA-TV
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