Agricultural News
OSU's Kim Anderson Discusses Three Significant Reports Released by the USDA This Week
Thu, 13 Jan 2022 15:07:46 CST
This week on SUNUP, Oklahoma State University Grain Marketing Specialist Kim Anderson talks about the three big reports that came out of the U.S. Department of Agriculture this week. He said of those three reports, the WASDE report has the largest impact on the grain markets.
"The WASDE report contains all the information and summarizes it down to an average annual price," Anderson said.
He said there were not any surprises in the report. Looking at wheat, he said ending stocks for wheat and corn were slightly bearish, while soybeans were right on target.
"If you look at the world's ending stocks, every one of them was exactly where (experts) expected them to be," Anderson said.
Hit the LISTEN BAR below to hear more from Dr. Anderson this week on SUNUP as he talks about the impact of the WASDE report, the Winter Wheat and Canola Seedings report and the quarterly Grain Stocks report.
Join SUNUP at 7:30 a.m. on Saturdays and 6 a.m. on Sundays on OETA-TV, or by visiting SUNUP.okstate.edu.
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