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 crop markets.
Anderson said there is good news in the crop markets this week, especially with wheat prices, which broke $5.50 this week and are now up around $5.60. The average is about $5.80, Anderson added.
When it comes to selling wheat, Anderson said there is a lot of variability in price during the summer months, and he talked about lows and highs in prices from the past few years.
There was a bit of a rally on corn prices, but Anderson said they are still moving slightly sideways.
“For harvest prices, they (corn) are knocking on that upper level and will maybe break through that,” Anderson said.
As for soybeans, Anderson said he sees them starting a sideways pattern.
“This is a relatively good week for prices,” Anderson said. “Cotton prices are still going down a little bit.”
This week on SUNUP:
- Josh Bushong, OSU Extension west district area agronomist, discusses how the wheat is progressing throughout the state and explains what producers can expect at the upcoming 2024 OSU Agriculture Field Days and Plot Tours.
- Derrell Peel, OSU Extension livestock marketing specialist, says the March cattle on feed report shows a slight decrease in placements from last year.
- Josh Lofton, OSU Extension cropping systems specialist, explains why the summer crop planting situation differs greatly from previous growing seasons.
- Kim Anderson, OSU Extension grain marketing specialist, continues discussing the best times to sell wheat.
- Mark Johnson, OSU Extension beef cattle breeding specialist, explains how to maximize profit potential in your cattle herds.
- Finally, SUNUP meets a Blaine County ranching family incorporating their values into their new business.
Watch SUNUP:
Saturday at 7:30 a.m. & Sunday at 6 a.m. on OETA (PBS)
YouTube.com/SUNUPtv
