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.
“We got a good rally in wheat prices,” Anderson said. “They got up to around $6.10 up in northern Oklahoma for harvest-delivered wheat. You take 30 or 40 (cents) off it in southern Oklahoma and maybe 10 (cents) off it in the panhandle.”
Corn had a small rally this week, Anderson said, as it is staying around $4.35 to $4.60 for harvest delivery. Soybeans had a rally as well, Anderson said, as they are now around $11.50.
Regarding when farmers should sell their wheat, Anderson said he recommends farmers sell during the June through August period. Anderson recommends staggering wheat into the market over time to average the price out.
“Overtime, it is going to average out,” Anderson said. “Don’t second guess your strategy.”
This week on SUNUP:
- Dr. Christi Evans, OSU Extension food safety specialist, has guidance for food and water safety after the recent devastating tornados.
- Wes Lee, OSU Extension Mesonet agricultural coordinator, says the recent rains helped much of the state, but the Panhandle is still struggling from the lack of moisture. State climatologist Gary McManus predicts warmer temperatures and says more rain is likely on the way.
- SUNUP travels to Grady County to catch up with an old friend at the recent Chickasha Wheat and Forage Field Day.
- Mark Johnson, OSU Extension beef cattle breeding specialist, discusses the recent success producers have had in improving beef marbling, which plays into overall quality.
- Kim Anderson, OSU Extension grain marketing specialist, continues his discussion on the best months to sell wheat.
- Liberty Galvin, OSU Extension weed management specialist, has an overview of her presentation at the 2024 Chickasha Wheat and Forage Field Day.
- Finally, SUNUP previews the upcoming 2024 Lahoma Wheat Field Day.
Oklahoma Agriculture Starts at SUNUP!
Weekly Statewide Broadcast: Saturday at 7:30 a.m. & Sunday at 6 a.m. on OETA (PBS)
Anytime: YouTube.com/SUNUPtv
