This Week on SUNUP is Oklahoma State University Extension grain market economist Kim Anderson. During this week’s edition, Anderson talks about the latest in the grain markets and Oklahoma’s wheat production.
Anderson said Oklahoma’s wheat production estimates revealed that wheat production in the state in 2023 would be somewhere around 54 million bushels. That estimate, Anderson said, could be a little low.
“A couple of weeks ago, when our crop conditions were not quite as bad as they are right now, I had that production up in the 70-million-bushel range,” Anderson said. “However, our crop conditions went from about 45 percent down to 65 percent for the poor to very poor conditions.”
Comparing this year’s conditions to last year’s during harvest, Anderson said conditions last year were not near this poor.
“Last year we produced 69 million bushels,” Anderson said. “You would expect production lower than that. However, we had a ten percent increase in wheat planted acres.”
Looking at the overall crop for U.S. hard red winter wheat, Anderson said he expects production to be similar to last year.
“Russia has pretty much said they are not going to renew the export agreement with Ukraine, and that is going to stop Ukraine’s wheat production coming out,” Anderson said. “If you go back and look at the $1.40 price decrease and then today’s 40-cent price increase, I think that is a Russian deal.”
This week on SUNUP:
- Amanda Silva, OSU Extension small grains specialist, says some wheat producers are taking advantage of high hay prices and baling their crop instead of harvesting it for grain.
- State climatologist Gary McManus says the latest rainfall event had a positive impact on the drought monitor.
- Derrell Peel, OSU Extension livestock marketing specialist, explains why rising beef prices could be on the way.
- Kim Anderson, OSU Extension grain marketing specialist, discusses the latest movements in the crop markets.
- Mark Johnson, OSU Extension beef cattle breeding specialist, goes over his spring checklist for cattle producers.
- Paul Beck, OSU Extension beef cattle specialist, has advice for producers who will be feeding wheat hay during the summer.
- Finally, we learn what makes Jeff Hilst a Distinguished Alumnus of the OSU Ferguson College of Agriculture.
Join us for SUNUP:
Saturday at 7:30 a.m. & Sunday at 6 a.m. on OETA (PBS)
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