Kim Anderson

Oklahoma State University
How to sell the 2015 wheat crop
Of the 29 years, selling wheat at harvest (Sell 6/20) was the “best” strategy 12 times
Higher production and higher prices
Oklahoma, Kansas, and Texas are not the only wheat production areas that have experienced higher production expectations due to timely rains
How to sell wheat in 596 words
There is no perfect way to sell wheat.
Rain makes grain and damages prices
Reports are surfacing that recent rains have saved a dying wheat crop. Some producers in Garfield County, Okla., report the rain improved their wheat yield potential from 15 bushels per acre to 24 bushels. The normal yield is 40 bushels per acre.
Wheat prices predicted to double but weather will be determining factor
Wheat prices may be (and probably will be) higher than current prices. But $10-plus wheat is just not in the cards.
Wheat’s spring price rally
The dollar index is not the reason for the wheat price rally.
Wheat and grain prices established in bottom tier
Oklahoma and Texas wheat prices may stay in the $4.25 to $5.75 price range, which is in the bottom tier of prices.
PLC versus ARC may depend on the dollar index
The most important and uncertain market factor may be the value of the U.S. dollar relative to other currencies, which will likely influence whether PLC or ARC will be the most profitable decision.
$5.10 wheat marketing year average price
A major difference between 2010/11 and 2015/16 is the value of the dollar compared to other major currencies
Market funds messing with wheat prices
Market factors (such as the value of the U.S. dollar relative to other major currencies) impact wheat prices more than market fund trading.
Higher U.S dollar index, lower wheat prices
Since late June, the price of wheat in Oklahoma and Texas has declined about $1.90 or 27 percent. About 70 percent ($1.33) of the $1.90 price decline may be attributed to the lower dollar value.
Wheat prices indicate zero profit per acre.
Wheat may be forward contracted for harvest delivery for about 30 cents less than the KC July wheat contract price. The basis range is from a minus 50 cents (southern Oklahoma and Texas Panhandle) to a minus 15 cents (north central Oklahoma). Using a KC July wheat contract price of $5.65, the harvest forward contract price would be $5.35 ($5.65 - $0.30).
Oil and corn prices a lesson to wheat producers
By the end of September 2014, wheat prices had fallen to $5.30, which is not nearly as low as wheat prices could go.
Harvest is best time to sell wheat
Research indicates that for Oklahoma, Texas, and Southwestern Kansas, the single best time to sell wheat year-end and year-out is at harvest
Wheat price trend tilting to the upside
Since the October’s KC March contract low price of $5.54, each price peak has been higher than the last peak, and each price low has been higher than the last low price.
Connect With Us
Commodity Prices


Copyright © 2016. All market data is provided by Barchart Market Data Solutions.

Futures: at least 10 minute delayed. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

Continuing Education Courses
This CE course is accredited for hours in Texas, Oklahoma and New Mexico. The content focuses...
New Course
The 2,000 member Weed Science Society of America’s (WSSA) Herbicide Resistance Action...
New Course
The course details six of the primary diseases affecting citrus: Huanglongbing (Citrus...

Sponsored Introduction Continue on to (or wait seconds) ×