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Agricultural News

OSU's Kim Anderson Talks About the High Value of the US Dollar

Thu, 20 Jan 2022 18:28:13 CST

This week on SUNUP, Oklahoma State University Grain Marketing Specialist Kim Anderson talks about the latest in the grain markets. Right now, wheat exports have been down which is driving prices down. At the same time, corn and soybean prices are affected by what is going on in South America.

"The markets have been talking about the high value of the U.S. dollar," Anderson said. "Since June, the value of the dollar was around 92 points, peaked at 96 in December and since has dropped off."

Anderson said it is ironic that wheat prices peaked at $8.50 the day before Thanksgiving and again on Christmas.

"Wheat prices went from $5.50, up into the $7.50 range," Anderson said. "We have a downtrend going on right now."

Hit the LISTEN BAR below to hear more from Dr. Anderson this week on SUNUP as he talks about the high value of the U.S. dollar and more.

Join SUNUP at 7:30 a.m. on Saturdays and 6 a.m. on Sundays on OETA-TV, or by visiting SUNUP.okstate.edu.

This week on SUNUP:

Amy Hagerman, OSU Extension ag policy specialist, offers guidance on deciding between the ARC and PLC programs.

In Naturally Speaking, Marley Beem, OSU Extension aquaculture specialist, explains how to improve fishing in your pond.

Wes Lee, OSU Extension Mesonet agricultural data specialist, says the rapid and drastic temperature changes can be tough on cattle. Then, Gary McManus, state climatologist, illustrates how the drought continues to worsen.

Mark Johnson, OSU Extension beef cattle breeding specialist, tells us when to feed late in the day or early evening to help ensure calving occurs during the daylight hours.

Kim Anderson, OSU Extension crop marketing specialist, analyzes the latest market news and talks about dollar values and crop price movements.

Finally, we continue our collaborative series with the Oklahoma Beef Quality Assurance program. Rosslyn Biggs, DVM, OSU Extension beef cattle specialist, takes an in-depth look at handling and administering vaccines.

   
   

Listen to Dr. Anderson on SUNUP here. right-click to download mp3

 

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