This week on SUNUP, OSU Agriculture Economist Dr. John Michael Riley discusses the highs and lows of current grain and cotton markets.
According to Riley, most crop markets have been down this week. Wheat prices for the futures markets are down about $0.20 per bushel. Corn and Soybean futures are each down about $0.10 per bushel.
“That can be attributed to a number of different things,” Riley explained. “We’ve gotten some rain across most of the growing region, so whether we are speaking toward wheat, which is in development stage to nearing harvest or the crops that we are currently planting, its good news for soil moisture, and potential for the overall yield per acre, but that tends to be a negative in the marketplace given that it could add some bushels to the overall supplies.”
The U.S. dollar’s continued downward trend in value when compared to foreign currencies over the past few weeks could be contributing to the poor futures markets, but Dr. Riley said that it has strengthened some in the past twenty-four hours. The strengthening could make U.S. commodities more expensive to potential export purchasers and affect trade overall.
“Right now, the market is just trying to make heads and tails of what the trade picture is going to look like for the remainder of 2025,” Riley pointed out.
Click the listen bar at the top of the page to hear Dr. Riley’s complete crop market commentary, including crop basis conditions and the effect overall broad economy.
This week on SUNUP:
- Liberty Galvin, OSU Extension weeds specialist, discusses her findings from a recent demonstration to determine whether drones designed for herbicide and pesticide applications are doing the job they’re supposed to do.
- Amanda De Oliveira Silva, OSU Extension small grains specialist, has information regarding the OSU Wheat Improvement Team’s newest release, Orange Blossom CL+. Dr. Silva also discusses the unique characteristics of this variety, like stripe rust resistance.
- In the Mesonet weather report, state climatologist Gary McManus looks at how impactful the recent storms were in terms of drought relief.
- John Michael Riley, OSU agricultural economist, explains why most grain commodities are in a downturn.
- Mark Johnson, OSU Extension beef cattle breeding specialist, discusses achieving calving ease without risking performance.
- SUNUP attends the 2025 Oklahoma Agriculture Day at the Capitol.
- Finally, SUNUP recognizes John Pfeiffer, an OSU alumnus and fourth-generation farmer and rancher, for his induction into the Oklahoma Agriculture Hall of Fame.
