OSU's Kim Anderson Says To Keep an Eye on World Wheat ProductionThu, 22 Jul 2021 14:07:28 CDT
Oklahoma State University Extension Grains Market Analyst Dr. Kim Anderson talks about what is going on in the Wheat Markets. This week Dr. Anderson said its important to look at the world Production, "Production is increasing around the world." Anderson said you also have to consider the value of the US Dollar, "Its up in the 90's, but over the long term that dollar value is really its around 80-82. When its up in the 90's that makes our exports more costly."
He also said to keep our eyes on China, "China is like the big gray box, you don't know whats coming out of there. You've got the Ukraine, they are implementing some land reform that is going to impact production on down the road. You've got Brazil, they continue to bring acres into production. You've got Romania and Pakistan exporting more wheat, and of course India is changing their wheat marketing system that should improve the quality." To hear more from Dr. Anderson, click or tap below..
This week on SUNUP, there have been reported cases of Venezuelan equine encephalitis in Mexico recently. Kris Hineysays though this virus could make its way to Oklahoma, there is a vaccine available to keep your horses safe.
In the Mesonet weather report, Wes Lee says hotter summer temperatures are on the horizon for the state.
Josh Lofton updates us on summer crops.
Then, Tom Royer says armyworms are on the move, particularly in sorghum fields.
Laura Goodman has information on how to manage the curly dock plant.
Courtney Bir says there are new Extension efforts underway to assist bee producers.
Then, Kim Anderson explains how grain production around the world will impact markets in the future.
In Cow-Calf Corner, Paul Beck talks about the role mineral nutrition plays in cattle herds.
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