Kim Anderson Says Non-Extension of Ukraine Exports is Impacting Markets Significantly

Listen to Kim Anderson talk about the latest in the grain markets.

This Week on SUNUP is Oklahoma State University Extension grain market economist Kim Anderson. During this week’s edition, Anderson talks about what factors are impacting the market the most at the moment.

“What the market has been talking about all week is the non-extension of the exports out of Ukraine,” Anderson said. “I think that is an important story, and I think the market has already got that factored in there.”

Anderson said he believes Russia is determined to stop wheat exports and other exports out of Ukraine for a while.

“Another factor out of there is Russia has got a tremendous amount of wheat it needs to sell in exports,” Anderson said. “They are looking at a 3.1-to-3.2-billion-bushel crop. Their average is around 2.9.”

Slowly, Anderson said, Ukraine is gaining territory that they have lost.

“They are being slow and deliberate, and it is going to last a while,” Anderson said.

This week on SUNUP:

  • Barry Whitworth, OSU Extension southeast area food and animal health quality specialist, says cattle producers should be on the lookout for pink eye in their herds.
  • Wes Lee, OSU Extension Mesonet agricultural coordinator, explains how hot it truly got the past week. State climatologist Gary McManus updates the latest drought monitor map, and things are looking great in the panhandle.
  • Mark Johnson, OSU Extension beef cattle breeding specialist, discusses the recent Cattleman’s Congress event.
  • SUNUP Host Lyndall Stout sits down with Tom Coon to reflect on his years of service as vice president and dean of OSU Agriculture.
  • Finally, an OSU College of Veterinary Medicine event that aims to address the shortage of DVMs by giving Oklahoma 4-H members hands-on experience on what it takes to be a veterinarian.

Watch SUNUP:

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