Kim Anderson

Kim
Anderson
Oklahoma State University
Articles
Four words explain $1 wheat price increase
Wheat stocks are relatively tight, and a tremendous amount of price variability is present in the market.
USDA wheat price outlook projections: fact or fiction
Weather will be the major determinate of production and price. And we know how accurate meteorologists are. Still, we listen to them every day. Weather information is essential in the planning process.
2014/15 wheat marketing-year stocks remain tight
From a management planning view, realize that USDA’s price projection could be correct. If this is the case, a prudent marketing plan may be to sell more wheat than normal at harvest.
Why wheat prices increase?
Unless wheat crop conditions improve, wheat prices are projected to be steady to higher. Below average 2014 HRW wheat production could result in wheat price near $7.
Corn and drought not supporting wheat prices
Unless corn prices dramatically increase and/or there is a severe drought, wheat prices could drop to $5 during the 2014/15 marketing year.
Good news for wheat prices
If you cannot afford to sell wheat for 50 cents below current prices, consider selling all of the wheat now.
The cure for high wheat prices
The expected 2014 June Oklahoma/Texas wheat price is projected to be $6. With good weather and above average production, low $5 wheat is possible.
Wheat, 2012 better than 2013--2014?
Efficient use of fertilizer and chemical to produce relatively high wheat yields are the keys to profit in 2014.
Wheat price hunkered down for the winter
About the only cash wheat being sold during December is by producers who want money for Christmas or producers who are cleaning-up year-end sales.
Wheat prices: 72 up and 72 down
Seventy-two cents up in five weeks was a golden opportunity for wheat producers. Seventy-two cents down in 19 days took it away.
Prices: wheat down, corn up, soybeans really up.
The Kansas City December wheat futures contract price fell another 3 cents (a total of 7 cents). The CBT December corn futures price gained another eight cents. The corn price change did break the price downtrend, at least for the time being.
Price impacts of promising wheat crop
Higher expected wheat production and a lot more corn are expected to result in a $2 decline in harvest prices.
wheat harvest
$17 per bushel wheat?
Unless Argentina’s and/or Australia’s wheat productions are significantly less than expected and/or U.S. 2014 winter wheat production expectations are well below average, wheat prices are not expected to increase more than another 50 to 60 cents per bushel.
Government shutdown expected to have small price impact
Some commercial sources may provide (replace) much of USDA’s reported data. However, the general consensus is that commercial sources may not be as accurate, consistent, and unbiased as what USDA provides.
Sell wheat as prices increase
After the Kansas City (KC) December wheat contract price went above the $7.07 price resistance level, the contract price broke the $7.28 resistance in three days and challenged the $7.60 resistance in six days. KC December wheat prices increased from $7.05 to $7.57.
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