Wheat Market Watching Drought in Southern US and Floods in Northern US and CanadaFri, 08 Apr 2011 5:29:55 CDT
Oklahoma State University Extension Grain Marketing Economist Dr. Kim Anderson says that current strength in the US wheat futures market dates back to last summer and the troubles seen in several European Union wheat producing countries- including Germany. Right now, the market is weighing the impact of dry weather here in the southern Hard Red Winter Wheat region. The market is also concerned about the wet conditions in the northern US plains which could hinder farmers from planting the 2011 spring wheat crop.
Dr. Anderson indicates that in travels this week to the Wichita, Kansas area- wheat fields look to be in better shape, but they could use rain as well.
You can see Kim's conversation with Lyndall Stout of SUNUP this Saturday morning on OETA stations statewide- or you can can listen to that conversation now by clicking on the LISTEN BAR below.
In addition to the Kim Anderson analysis on SUNUP- they have several segments planned this week that considers drought impact on farms and ranches across the state. Here's a rundown of this week's program with hostess Lyndall Stout and her SUNUP team:
Daren Redfearn joins us to discuss how the drought is impacting livestock feeding capabilities and ways to manage your herd when there's very little new pasture growth.
In Cow-Calf Corner, Glenn Selk explains how producers can test hay quality.
Then, Dave Lalman provides the results of a unique OSU research project on hay feeder efficiency and waste.
Derrell Peel looks at how the drought is impacting cattle operations and the livestock market.
In the Mesonet report, Al Sutherland updates the drought situation, looks at county burn bans and explains the 30-day moisture outlook.
We meet with Jeri Fleming, who encourages input from Oklahoma's agriculture community on the draft of the state's comprehensive water plan.
Randy and Wayne explain cable clamp procedures and safety in Shop Stop.
Finally, Janelle Malone invites producers to the upcoming Sustainable Livestock Summit.
SUNUP airs Saturdays at 7:30 a.m. on your local OETA channel.
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