This week on SUNUP is Oklahoma State University Extension grain market economist Kim Anderson. During this week’s edition, Anderson talks about the latest WASDE report , USDA Crop Production, and an update on crop prices.
“U.S. wheat production was projected to be 1.88 million bushels compared to 1.81 last year an average of 1.89,” Anderson said. “World wheat production was projected to be 29.1 billion bushels, which is a near record. It was 28.9 last year and your average is 28 million.”
Winter wheat production for the U.S. is forecast at 1.29 billion bushels, up 1 percent from the May 1 forecast and up 4 percent from 2023. As of June 1, the United States yield is forecast at 51.4 bushels per acre, up 0.7 bushels from last month and up 0.8 bushels from last year’s average yield of 50.6 bushels per acre.
“You have really got average U.S. wheat, above average world wheat production and below average or right at average hard red winter wheat,” Anderson said. “The important numbers for wheat are the stocks to use ratios. If you look at U.S. wheat for ’24 and ’25, it is projected to be 39.4 percent. It was 37.5 last year and the average is 40.8.”
This week on SUNUP:
- We talk with Joe Caughlin in Kay County to see how harvest is going on his family farm and for the Oklahoma Foundation Seed Stocks producers he works with.
- Wes Lee, OSU Extension Mesonet agricultural coordinator, explains various Mesonet agricultural tools available to producers.
- Mark Johnson, OSU Extension beef cattle breeding specialist, discusses management strategies cattle producers can take to limit carbon emissions.
- Kim Anderson, OSU Extension grain marketing specialist, looks at the latest WASDE report.
- Kris Hiney, OSU Extension equine specialist, has information on how to limit heat stress in horses.
- SUNUP travels to Kingfisher County to meet a farming family using all their resources to beat the rain and get their wheat in the bin. We also hear from Bryan Kennedy, OSU Extension county ag educator, about how harvest is going in the area.
- We wrap up the show with highlights from OSU President Kayse Shrum and OSU Agriculture Vice President Jayson Lusk’s visit this week for wheat harvest with the Kisling Family in Alfalfa County.
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