OSU's Kim Anderson Says Rising Corn Prices have Impacted Wheat PricesThu, 20 May 2021 12:34:15 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 gives us an update on the latest prices, "Well let's look at corn and wheat, corn prices and wheat prices have both been off about 80 cents over the last week or so. You look at Parrington Texas corn prices are $7.45 a bushel, wheat is $6.60. In Medford corn is $6.70, and wheat is $6.40." Anderson said Corn prices are significantly higher than Wheat, " Wheat is being priced as a feed-grain rather than a food grain. Now soybean prices were down about 60 cents or so in the last week and a half, and Cotton prices are down around four or five cents." To hear more from Dr. Kim Anderson click or tap below.
This week on SUNUP, we join you from the annual field day at the North Central Research Station at Lahoma. Amanda de Oliveira Silva starts off the tour with an update on how the late April freeze impacted the wheat crop.
In the Mesonet weather report, Wes Lee says the recent rains have helped drought stricken areas in the state. Gary McManus gives an update on how the drought monitor is shaping up.
Misha Manuchehri tells us now is a good time to get out in the wheat fields and asses the weed situation to plan for next year’s crop.
Then, Bob Hunger says the cool, wet weather has led to an increase in wheat disease.
In Cow-Calf Corner, Dan Stein explains the benefits of estrus synchronization.
Brett Carver gives us an update on how the recent wheat variety releases have been performing this season.
Next up, Brian Whitacre has information on the Emergency Broadband Benefit Program.
Finally, Kim Anderson says rising corn prices have impacted wheat prices.
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Sunday at 6 a.m. on OETA-TV
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