This Week on SUNUP is Oklahoma State University Extension grain market economist Kim Anderson. During this week’s edition, Anderson talks about planted acreage estimates and the grain markets.
The big talk in the markets this week, Anderson said, is the war in Russia and Ukraine.
There are export agreements coming up in March, Anderson said, and Ukraine is asking for a one-year extension.
“There has been quite a bit in the market about China assisting Russia in the war,” Anderson said. “It is unknown what they are going to do and the talk is they are toying with giving Russia additional support for the war.”
Regarding the pre-release numbers for the USDA Agricultural Outlook Forum from market analysts, Anderson said the analysts estimated the total wheat planted acreage at 48.5 million acres, which is up 2.8 million acres from last year.
Corn and soybean acreage is also estimated to be up from last year, Anderson said, and cotton acreage is lower.
“Wheat ending stocks is expected to increase at 650 million bushels compared to 568 this year, up 82 million,” Anderson said.
This week on SUNUP:
- John Weir, OSU Extension fire ecologist, says wildfire potential is still very much present as spring approaches.
- Wes Lee, OSU Extension Mesonet agricultural coordinator, gives a look at the percent plant available water maps. State climatologist Gary McManus predicts warmer weather for the spring.
- We take a look back at a SUNUP favorite where military members attended an OSU Extension training session on how to handle livestock in disaster situations.
- Mark Johnson, OSU Extension beef cattle breeding specialist, talks with Grant Hubbard, OSU Purebred Beef Cattle Center herd manager, about freeze branding.
- Kim Anderson, OSU Extension grain marketing specialist, discusses the USDA’s latest crop report numbers.
- Finally, SUNUP learns what makes Karen Eifert Jones a 2022 OSU Distinguished Alumna.
Join us for SUNUP:
Saturday at 7:30 a.m. & Sunday at 6 a.m. on OETA (PBS)
YouTube.com/SUNUPtv
