OSU's Kim Anderson Gives an update on Forward Contract prices in the Grain Markets.Thu, 15 Apr 2021 16:39:10 CDT
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 said the prices are pretty volatile this week for harvest delivered commodities, "I had these numbers down there this morning and then I checked the market a little bit later and wheat was up 21 cents so its volatile. You look at wheat now you can forward contract for harvest delivery at about $6. That's a minus 15 underneath that July contract. Corn is at $4.95 and That's also minus 15 under the corn December contract. Sorghum is $5.75, thats 65 cents over that corn December contract. Soybeans at $11.90 Sometimes it hits $12.00, but somewhere in that vicinity of minus 70 under the November soybean contract. And canola is posted at $10.70." To hear more from Dr. Anderson, click or tap below.
This week on SUNUP, David Lalman explains the relationship between cattle and methane and breaks down the misconception of how cows emit the gas.
-Then, Hailin Zhang provides a peek behind the curtain of Oklahoma State Universityís Soil Lab. Brian Arnall helps us learn about the labís overall impact on the state.
-Kim Anderson gives an update on forward contract prices in the grain markets.
-In Cow-Calf Corner, Mark Johnson talks with a special guest, OSU Extension beef cattle specialist Parker Henley about breeding soundness exams.
-Derrell Peel says the fed cattle market has been on a flat trend, but that line has increased in the past few weeks.
-In the Mesonet weather report, Wes Lee says the recent cooler weather could continue. Gary McManus analyzes the latest drought monitor outlook.
-Finally, a SUNUP tribute to President and Mrs. Hargis.
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