This Week on SUNUP is Oklahoma State University Extension grain market economist Kim Anderson. During this week’s edition, Anderson talks about the world crop market and changes in those markets over the years.
“One factor that we cannot ignore is El Nino and La Nina,” Anderson said. “That is weather patterns that go around the world and determine where crop conditions are good and where crop conditions are bad.”
Anderson talked in depth about how the crop markets have changed over the years, and the involvement of countries such as Russia and China in those world markets. Today, Anderson said, Russia has a large influence on wheat prices.
“Brazil is the number one exporter of corn this year, and they have been the number one exporter and the most important exporter of soybeans,” Anderson said. “Brazil effectively controls the price of beans.”
On the manufacturing side, Anderson said China and India control the markets.
“How have Oklahoma farmers adapted to these changes,” Anderson said. “What we have seen over the last 25 to 30 years is wheat acres and production declining in Oklahoma, corn acres and bean acres and production of these two crops increasing, and we have seen Oklahoma cropland be converted to pasture for beef production.”
This week on SUNUP:
- Dave Lalman, OSU Extension beef cattle specialist, gives advice on how to prevent hardware disease in cattle herds.
- Wes Lee, OSU Extension Mesonet agricultural coordinator, says this heat wave may stick around for a little while. State climatologist Gary McManus updates the drought monitor map.
- SUNUP’s sister show, Oklahoma Gardening, demonstrates how to safely clean up damaged trees and how to tell whether its salvageable.
- Kim Anderson, OSU Extension grain marketing specialists, discusses the impacts countries like Brazil have on crop markets.
- Derrell Peel, OSU Extension livestock marketing specialist, joins SUNUP all the way from Scotland where he is currently on an agricultural tour of the country with OSU students.
- Mark Johnson, OSU Extension beef cattle breeding specialist,
- Finally, SUNUP welcomes Jayson Lusk as the new vice president and dean of the Division of Agricultural Sciences and Natural Resources.
Watch SUNUP:
Saturday at 7:30 a.m. & Sunday at 6 a.m. on OETA (PBS)
YouTube.com/SUNUPtv
