Kim Anderson Says Bad Weather, Poor Crop Conditions Have Driven Wheat Prices Up Over $5.20

May 25, 2018

This week on SUNUP - Oklahoma State University Extension Grain Market Economist Dr. Kim Anderson joins host Dave Deeken again talking about some good news this week in the wheat markets ahead of harvest.

Anderson reports about a 50-cent increase in the Kansas City July contract this week, thanks to some improvement in the basis. Cash prices across Oklahoma range currently between $5.20 to $5.50.

Anderson says this is good news in the market is being driven by all the bad news in the field, citing inclement weather and expectations of low yield production and grain quality for this harvest.

Apparently, this situation is not only limited to Oklahoma and the Southern Plains. Rather, these dry and poor growing conditions have affected crops worldwide. Anderson explains that this is having a positive price impact here at home.

He believes farmers that actually will be harvesting their crops this year, will enjoy premiums well over the $5.30 range if they deliver high-quality grain to the elevator with 59lb.+ test weight and a minimum of 12 percent protein. On the other hand, he says discounts and dockage will cut deeply this year for subpar grain.

You can watch their visit tomorrow or Sunday on SUNUP- but you can hear Kim's comments right now by clicking on the LISTEN BAR below.

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Video: Winter Service Inspections for John Deere Equipment - The FarmCast Ep64

The FarmCast, host Troy Randall speaks with Doug Luedke, Vice President of Service, and Davin Peterson, Executive Vice President of Aftermarket at 21st Century Equipment, to discuss the importance of proactive service and how it helps farmers reduce downtime during their busiest seasons. The conversation focuses on the Winter Service Inspection Program, a comprehensive approach designed to keep equipment running at peak performance and limit costly in-season breakdowns through preventative maintenance and expert technician support.

Doug and Devin explain how 21st Century Equipment’s service teams have evolved to meet the needs of today’s connected machines. With more technology and data integrated into modern equipment, technicians now play a vital role in both mechanical repairs and precision ag support. Through advanced diagnostics, machine monitoring, and John Deere’s Expert Alerts, they can identify and address potential issues before they become major problems—saving customers valuable time, money, and frustration.

Throughout the discussion, the team shares real-world success stories demonstrating how proactive inspections and customer-focused service help maximize uptime and efficiency for every operation. Whether it’s a large tractor, combine, or small mower, the goal remains the same: to provide trusted, reliable support that helps farmers and landowners stay productive and confident in their equipment year-round.