Kim Anderson

Oklahoma State University
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.
wheat harvest
You don’t short a sleeping market
Wheat export demand has remained relatively strong. At this writing, the bushels of all classes of wheat sold for export is 38 percent greater than at this time last year. The amount of hard red winter wheat sold for export is 32 percent greater than last year, and for soft red winter wheat sold for export, the amount is 210 percent higher than last year.
wheat harvest
Wheat prices on a slippery slope
Larger wheat and corn crops are pressuring wheat prices and could push KC December wheat possibly down to contract $6.30 per bushel. The price risk is that the seasonal price trend is normally set in late-August and early-September.
Connect With Us
Commodity Prices

Market Data provided by

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) ×