OSU's Kim Anderson Talks about Why Crop Prices have Taken a Beating LatelyThu, 06 Aug 2020 15:32:13 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 is talking about crop prices and how they have taken beating lately. Anderson said the issue is massive world stocks, "You look at world wheat production 28.3 billion bushels it's probably gonna be a little higher than that, you look at a world ending stocks, 11.6 billion bushels. 10.9 billion bushel record last year, the five year average is 10 billion. That's 1.6 billion bushels above the five year average." To hear more of Dr. Anderson's comments, click or tap below.
This week on SUNUP, Bob Hunger has advice for wheat producers that had issues with smut and bunt following last year's crop.
- Then, Brian Arnall has information about his study into soil pH and cotton.
- In the Mesonet weather report, Wes Lee shows us how the recent cooler temperatures compare to average. Gary McManus says the drought has improved across the majority of the state.
- Kim Anderson has an update on crop progress around the world.
- In Cow-Calf Corner, Glenn Selk tells us why body condition is essential for cattle health ahead of the calving season.
- Derrell Peel has an outlook for cattle markets as we move into the fall.
- Finally, Dwayne Elmore explains the benefits of an open canopy in forested areas.
Saturday at 7:30 a.m.
Sunday at 6 a.m. on OETA-TV
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