This week on SUNUP is Oklahoma State University Extension grain market economist Kim Anderson. During this week’s edition, Anderson talks about the latest crop prices and more.
“There hasn’t been much movement at all in crop prices over the last couple of weeks, or maybe even over the last month,” Anderson said.
Anderson said the reason for this lack of movement has a simple answer: There is just not much going on.
“We have got the winter wheat crop, it is all planted and in relatively good condition both in the United States and around the world,” Anderson said. “We have got the corn and soybean summer crop plantings coming up, but again, moisture is relatively good around. I think the market feels like they have got a good handle on things in the U.S. and the world, and there is just not much happening.”
The Perspective Plantings report will be released from the USDA next Thursday, Anderson said, and it will contain the estimates for all summer crops, including spring wheat. It will also contain the final planting estimates for hard red winter wheat and soft red winter wheat, Anderson added.
That same day, Anderson said the USDA’s Quarterly Grain Stocks report will also be released. This report provides information on how much product is in the bin or in storage.
This week on SUNUP:
- SUNUP meets up with OSU Agriculture Vice President and Dean Jayson Lusk shortly after he lands at the small airport at Gage in western Oklahoma. Lusk talks with OSU Extension County Educators Dana Bay and Loren Sizelove, as well as Ellis County Emergency Management Director Riley Latta, about the recent wildfires that devastated more than one million acres in Oklahoma and Texas. Special thanks to the OSU Aviation program for making the trip possible on short notice.
- Mark Johnson, OSU Extension beef cattle breeding specialist, discusses production efficiency for cattle.
- Derrell Peel, OSU Extension livestock marketing, looks at the inventory numbers in the 2022 Ag Census.
- Kima Anderson, OSU Extension grain marketing specialist, says the forward contract price for wheat, corn, soybean and cotton is the best predictor for what harvest prices will be.
- Ryan DeSantis, OSU Extension forestry specialist, explains why the Bradford pear tree is such a nuisance.
- Finally, SUNUP heads to the Oklahoma Youth Expo to meet with some participants and Jim Rhodes, OSU Extension west district 4-H program specialist, to see what makes this event so special!
Watch SUNUP:
Saturday at 7:30 a.m. & Sunday at 6 a.m. on OETA (PBS)
YouTube.com/SUNUPtv
