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Wheat Supply/Demand a nd Price

Wheat Supply/Demand a nd Price. Kim Anderson Agricultural Economics www.agecon.okstate.edu/anderson. Talking Points. Weather and corn dominate price factor. Adequate supplies of wheat. Remaining wheat to be harvested. Drought and winter wheat crop Wheat price potential.

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Wheat Supply/Demand a nd Price

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  1. Wheat Supply/Demand and Price • Kim Anderson • Agricultural Economics • www.agecon.okstate.edu/anderson

  2. Talking Points • Weather and corn dominate price factor. • Adequate supplies of wheat. • Remaining wheat to be harvested. • Drought and winter wheat crop • Wheat price potential. • June 2013 KCBT and CBT wheat prices.

  3. Top of the News Texas feedlots buy HRW wheat from Canada Aug 3 (Reuters) - Texas cattle feedlots purchased 45,000 tonnes of hard red winter wheat from Canada in recent days due to tight supplies of feed corn and its record-high prices, United States and Canadian trade sources said on Friday. In the past two weeks, Canadian exporters sold as many as 500 rail cars of wheat for shipment into the No. 1 U.S. cattle state of Texas, the sources said. "Right now, there's a real supply crunch and they're running out of old-crop corn," a Canadian source said. "(Canadian wheat) is available." Canadian exporters and farmers now have more freedom to market their grain after the Canadian Wheat Board's marketing monopoly expired on Wednesday, the first day of Canada's 2012/13 marketing year.

  4. Oklahoma daily cash wheat price and CBT nearby corn contract price

  5. http://www.gramene.org/species/triticum/wheat_maps_and_stats.htmlhttp://www.gramene.org/species/triticum/wheat_maps_and_stats.html

  6. http://wbc.agr.mt.gov/Buyers_Processors/World_maps/auswht.gifhttp://wbc.agr.mt.gov/Buyers_Processors/World_maps/auswht.gif

  7. http://wbc.agr.mt.gov/Buyers_Processors/World_maps/argwht.gifhttp://wbc.agr.mt.gov/Buyers_Processors/World_maps/argwht.gif

  8. Wheat and Corn S & D Numbers

  9. http://wbc.agr.mt.gov/Buyers_Processors/World_maps/usahrw.gifhttp://wbc.agr.mt.gov/Buyers_Processors/World_maps/usahrw.gif

  10. August, September, OctoberTemperature

  11. November, December, JanuaryTemperature

  12. August, September, OctoberPrecipitation

  13. November, December, JanuaryPrecipitation

  14. KCBT Dec ’12: Daily

  15. KCBT Weekly Nearest

  16. CBT Weekly Nearest

  17. December 1 and June 20 prices • December 1: $8.00 to $10.00 • June 20, 2013: $7.50

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