Kim Anderson Says High Protein Wheat will Market First but Lower Quality Wheat Eventually will Too

May 18, 2018

This week on SUNUP - Oklahoma State University Grain Market Economist Dr. Kim Anderson joins host Dave Deeken again with his weekly analysis of the wheat market. This time Anderson reports from Enid where this week he met with grain graders and elevator managers. In talking to them, Anderson says Oklahoma’s wheat seems to be spotty.

“Some areas have really good wheat. The expectation for protein and test weight are relatively good,” he said. “Other areas are dry with short crops. They’re expecting test weights to come in at 54 to 55 bushels with maybe 14 to 14 percent protein. But without the test weight then they’ve got problems - but there are some areas in Oklahoma where expectations are high.”

Anderson says elevators will be combing the countryside seeking out those good crops and will want to buy them up early and willing to pay a premium for them.

As far as old stocks go, Anderson says elevators are likely to hold on to them to blend with better quality wheat when it comes in. He says it will either be worked into the system slowly or be moved to feedlots.

While there is still plenty of wheat on the global market, Anderson says farmers that deliver a quality product with good test weight and good protein will still be able to command as much as $5.00 to $5.25.

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Video: Evolution of Beef Cattle Farming

The Clear Conversations podcast took to the road for a special episode recorded in Nashville during CattleCon, bringing listeners straight into the heart of the cattle industry. Host Tracy Sellers welcomed rancher Steve Wooten of Beatty Canyon Ranch in Colorado for a wide-ranging discussion that blended family history and sustainability, particularly as it relates to the future of beef production.

Sustainability emerged as a central theme of the conversation, a word that Wooten acknowledges can mean very different things depending on who you ask. For him, sustainability starts with the soil. Healthy soil produces healthy grass, which supports efficient cattle capable of producing year after year with minimal external inputs. It’s an approach that equally considers vegetation, animal efficiency, and long-term profitability.

That philosophy aligned naturally with Wooten’s involvement in the U.S. Roundtable for Sustainable Beef, where he served as a representative for the Colorado Cattlemen’s Association. The roundtable brings together the entire beef supply chain—from producers to retailers—along with universities, NGOs, and allied industries. Its goal is not regulation, Wooten emphasized, but collaboration, shared learning, and continuous improvement.