Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211


Agricultural News

Decreased World Wheat Estimates Could Mean Good News for Farmers

Thu, 21 Apr 2016 21:59:25 CDT

Decreased World Wheat Estimates Could Mean Good News for Farmers A $.50 increase in the July Kansas City contract combined with a steady basis has OSU Grain Marketing Economist Dr. Kim Anderson excited. Although the potential $4.30 to $4.40 harvest price is still relatively low, he says it's all relative.

"When you've been looking at $4 or less, $4.30 or $4.40 looks better," Anderson says.

There are several theories responsible for the price bump, including potential freeze damage to Oklahoma and Kansas wheat crops and reduced global wheat production.

"The world may be realizing that Ukraine had 20 percent less planted acres and Russia production may be down 9 percent," Anderson says. "You've got these little pieces of news that are negative supply wise and haven't come to fruition yet that maybe changing the odds of 2016-17 world wheat production."

Anderson told SUNUP host Dave Deken that while the current situation can usually provide a good foundation for what is going to happen in the future, it can also make it difficult to think in different terms.

"When you've had five or six record wheat crops every year and still a large one projected this year, it's hard to change that psychology that low production is a possibility," he says.

You can watch Kim and Dave this weekend on SUNUP, or you can get an early listen to his comments by clicking on the LISTEN BAR below.

In addition to Kim's wheat market update on SUNUP, here's the rundown on the OSU Ag Communications production that returns to OETA this weekend:

This week on SUNUP, we travel to Cotton County for an update on the canola crop from Josh Lofton, cropping systems specialist.

- In the Mesonet report, Al Sutherland shows us which area received the most moisture following the recent rain, and how it is replenishing the soil profile.

- Next, in Naturally Speaking, Marley Beem explains why it is important to inspect pond dams this time of year.

- Then, Southwest Area Agronomist Heath Sanders looks at why canola tours are a great opportunity for producers to learn about the crop.

- In Cow-Calf Corner, Glenn Selk covers research relating to bovine body temperature and successful artificial insemination.

- Derrell Peel analyzes where the U.S. ranks in livestock exports.

- Finally, SUNUP travels to Tulsa County, where OkState Extension fire ecologists help introduce prescribed burning to a Jenks Public School outdoor classroom.

Join Lyndall Stout and Dave Deken for SUNUP:
Saturdays at 7:30 a.m. & Sundays at 6 a.m. on OETA-TV



right-click to download mp3


WebReadyTM Powered by WireReady® NSI


Top Agricultural News

  • Southern Plains Winter Wheat Plantings Below Last Year and Pasture and Range Ratings Fall in this Week's Crop Progress Report   Mon, 26 Sep 2022 16:11:00 CDT
  • September 26, 2022, Market Wrap-Up with Justin Lewis  Mon, 26 Sep 2022 15:29:39 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2 p.m. September 26, 2022  Mon, 26 Sep 2022 15:29:10 CDT
  • Clay Burtrum Talks Drought Needs for Cattle Producers   Mon, 26 Sep 2022 14:57:14 CDT
  • As Drought Persists, Forecast continues to show Low Chances of Rain Throughout the Next Few Weeks  Mon, 26 Sep 2022 11:59:42 CDT
  • UPL Joins NSP Industry Partner Program   Mon, 26 Sep 2022 11:30:11 CDT
  • Rural Renewal Symposium Planned for Oct. 5  Mon, 26 Sep 2022 11:25:14 CDT
  • Feedlot Production and Cattle Slaughter Analysis from Dr. Peel  Mon, 26 Sep 2022 10:20:05 CDT

  • More Headlines...


    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.


    Search OklahomaFarmReport.com

    © 2008-2022 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.