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Agricultural News

OSU's Kim Anderson Reacts to the August WASDE Report

Thu, 12 Aug 2021 19:00:48 CDT

OSU's Kim Anderson Reacts to the August WASDE Report The USDA released their monthly World Agricultural Supply and Demand Estimates (WASDE) report today. Dr. Kim Anderson, Oklahoma State University Extension Grain Marketing specialist, said, “we dropped a lot of wheat.”

In the U.S., wheat production was lowered to 1.6 million bushels, down 49 million from the previous forecast, according to the report. The projected 2021/22 season-average farm price rose $0.10 per bushel, to $6.70, as stated in the report.

“I think wheat came out pretty well in this report, as far as price is concerned,” Anderson said. “While the wheat report was bullish, I think corn and soybeans was neutral.”

To hear more from Dr. Kim Anderson, click or tap the LISTEN BAR below.

This week on SUNUP, 21 Oklahoma counties were recently quarantined for fire ants. Tom Royer explains what this means for producers.

In the Mesonet weather report, Wes Lee says strong winds and blue skies are causing high heat units for summer crops. Gary McManus updates us on the latest drought monitor map.

Dave Lalman says cattle producers need to test the quality of their hay and walks us through how to use the Extension “Cowculator” tool.

In Cow-Calf Corner, Mark Johnson discusses post-breeding management of herd bulls.

Darren Scott explains the history of vinegar.

Derrell Peel says the packing industry is facing both labor shortages and packing capacity issues.



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