OSU's Kim Anderson Says Wheat Harvest is Behind about 15% but That shouldn't Affect PricesThu, 10 Jun 2021 11:36:49 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 says even though we are seeing a few combines rolling, Harvest in Oklahoma is behind, "We are probably running about 15% below average, and it started late. You'vr got some fields where its rained and its too muddy to get the combines in, but then you get cloudy, high humid days like today and most wheat kernels just won't dry out so that you can get that wheat in the bin. The Wheat Elevators will have a discount for wheat weight above 12.5%, and they really want it below 11.5%." Anderson says even though Harvest is behind, that doesn't make much difference in the prices, "Maybe a minor impact where some local flour mills are dependent upon that wheat coming in. I think, what's driving prices right now is the supply and demand conditions both current and on expectations."
To hear more from Dr. Kim Anderson, click or tap below.
This week on SUNUP, Josh Lofton gives a summer crop update and discusses research on the potential benefits of double cropping wheat and soybeans.
In the Mesonet weather report, Wes Lee says summer weather has finally arrived, and the warmer temperatures should get our crop production back on track. Gary McManus provides an update on the latest drought monitor map.
Ravi Jadeja explains the recent cyberattack directed at JBS and tells us what implications this could have for food safety.
Then, Derrell Peel says he expects slightly lower beef production for the rest of the year, which could cause per capita consumption to decrease as well.
Dwayne Elmore shows us how to get the most out of a prescribed burn.
Kris Hiney talks about the impact of West Nile virus on horses.
In Cow-Calf Corner, Rosslyn Biggs explains how to manage foot rot in cattle herds.
Finally, Kim Anderson says though wheat harvest is behind schedule for many producers, it shouldn’t affect prices.
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Sunday at 6 a.m. on OETA-TV
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