OSU's Kim Anderson Analyzes the May WASDE ReportThu, 13 May 2021 19:06:31 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 gives us an update on the May WASDE report, "You Look at wheat, and I think it's relatively good news. It left a lot of uncertainly in the market but you look at all wheat production, the market was expecting 1.877 billion bushels it came out 1.872 So you wouldn't expect much change from that. Of course we had 1.82 billion bushels last year. Hard red winter wheat for 20, we poduced 659 million bushels, came out and 731 million for this year. The average guess prior to that was a 711, not much change there. You look at the world, 28.5 billion bushels this year, the market was projected 28.8 It came out at 29 Even so, that was slightly bearish." To hear more from Dr. Anderson, click or tap below.
This week on SUNUP, Dave Lalman has advice for ensuring cattle are receiving the nutrients they need while they graze during the summer.
- Then, in the Mesonet explains how the cooler weather has impacted soil temperatures and growing conditions. Gary McManus says that even though parts of the state have seen a lot of rain over the past month, much of it is still below average.
- Tom Royer says producers need to scout for an aphid we usually do not see this time of year.
- Justin Talley says tick populations should start to become more active in the coming weeks, and producers should start checking livestock.
- In Cow-Calf Corner, Mark Johnson talks with Dr. Rosslyn Biggs about herd health programs for cattle.
- Derrell Peel says there are more cattle than packing capacity and the industry is working through it.
- Kim Anderson says there were not many surprises in the WASDE report, which could be good for Oklahoma crops.
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