Multiple Countries Struggle With 2018 Wheat Crop- Kim Anderson Says Those Woes Helping US Wheat PricesFri, 10 Aug 2018 06:02:00 CDT
There is a significant list of countries that have problems with their current wheat crop- Russia, Ukraine, Germany and even Australia. Those supply problems have helped wheat prices in recent days move higher. Oklahoma State University Extension Grain Market Economist Dr. Kim Anderson says it's not just wheat for flour and noodles that seems to be in short supply- it's also feed wheat.
"Feed wheat- Korea bought feed wheat for around $5.70 with cost and freight- in other words, delivered. Within a week, that price had jumped up a dollar- so there may be a shortage of feed wheat."
Dr. Anderson is talking about the grain markets- wheat as well as canola- with Dave Deken from the OSU Ag Communications Division- their Conversation to be be featured in this week's SUNUP- you can hear their visit right now by clicking on the LISTEN BAR below.
As for this week's SUNUP-
They start the show with a demonstration by John Weir of a growing season prescribed burn.
In the Mesonet weather report, Wes Lee shows us the parts of the state that saw some rain and looks at how much cooler we have been than normal. Gary McManus says exceptional drought has moved back into the state, but he is hopeful it won’t last long.
We learn about benefits of both pivot and sub surface drip irrigation from Saleh Taghvaeian.
Derrell Peel says beef has been relatively sheltered from trade disruptions, but pork may not have the same luck.
In Cow-Calf Corner, Glenn Selk has tips for creating a calving kit.
Kim Anderson says the Australian wheat crop could control the future of the price in Oklahoma.
Brian Arnall has a few new apps that producers could find useful ahead of summer crop harvest.
Finally, we head to Comanche County to see how service providers are learning about the impact of poverty in their communities.
Join us for SUNUP:
Saturday at 7:30 a.m.
Sunday at 6 a.m. on OETA-TV
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