This Week on SUNUP is Oklahoma State University Extension grain market economist Kim Anderson. During this week’s edition, Anderson talks about the latest news in the crop markets.
Starting with China, Anderson said the U.S. and China signed a trade agreement, and time will tell how the markets will react. In Ukraine, Anderson said grain and other products are being shipped out of the export corridor without Russian interference.
Argentina has had some wheat production issues, Anderson said, and the production is slightly below average.
“For the full month of October and back to September, we have been trading (wheat) at $6.00 to $6.30,” Anderson said. “This week, we did see some weakness in wheat prices and got below six dollars…”
Looking at corn, Anderson said the ending stocks for the world are projected well above average. World soybean stocks are also above average, Anderson said, and the price is good.
This week on SUNUP:
- Amanda de Oliveira Silva, OSU Extension small grains specialist, discusses the recent rainfall and how that will impact both grain-only and dual-purpose wheat planting and emergence.
- Wes Lee, OSU Extension Mesonet agricultural coordinator, says if you’re tired of the warm weather, you’re in luck because frigid temperatures are just a few days away. State climatologist Gary McManus updates the drought monitor.
- Derrell Peel, OSU Extension livestock marketing specialist, explains why feedlot inventories are higher than last year.
- Rosslyn Biggs, OSU Extension beef cattle specialist, has advice on which pregnancy test options work best for cattle operations.
- Kim Anderson, OSU Extension grain marketing specialist, discusses the trade agreement between the U.S. and China.
- Finally, SUNUP heads to the National Cowboy & Western Heritage Museum to learn about the new exhibition, King Ranch: A Legacy in Art. Sam Fuhlendorf, OSU Regents Professor and Rangeland Ecology & Management Researcher, discusses land stewardship and the importance of water in supporting ecosystems.
Watch SUNUP:
Saturday at 7:30 a.m. & Sunday at 6 a.m. on OETA (PBS)
YouTube.com/SUNUPtv
