Oklahoma Farmers Might See Increased Profits From Crops This Year

Feb 02, 2021

By Seth Bodine

Oklahoma farmers might see an increased profit due to an increase in price for crops like wheat, corn, cotton, soybeans and grains.

Kim Anderson, an Oklahoma State University extension economist, says the price of crops like wheat and corn have increased by about a dollar, and soybeans have seen about a $4 increase compared to last year.

Last year, an increase in world production of wheat created a global surplus that pushed wheat prices down. That meant that U.S. farmers saw about a 20 cent decrease in price, which posed a challenge for some farmers to break even.

The COVID-19 pandemic caused an increase in demand for the crops around the world this year, driving up the price, Anderson said.

“Countries have decided that they need a higher supply our stocks, emergency supply,” Anderson said. “And as they try it as they attempted to build that, that drove up world prices, and drove up food prices in places like Russia.”

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Video: What Happens When Pigs Adapt to High Soybean Meal Diets? - Gustavo Lima

In this special rerun episode of The Swine Nutrition Blackbelt Podcast, Gustavo Lima, PhD candidate in Animal Science at Iowa State University, discusses how grow-finish pigs respond to high soybean meal diets. He explains the initial drop in feed intake, changes in backfat, later adaptation, energy efficiency, amino acid utilization, and the rise in nitrogen excretion at higher inclusion levels. Listen now on all major platforms!

Click here to read the full research article: https://academic.oup.com/jas/article/...

“Once they got adapted to the diet, they can handle higher levels of inclusion of soybean meal.”

Meet the guest: Gustavo Lima / gustavo-lima-a9867127 is a PhD candidate in Animal Science at Iowa State University whose work focuses on swine nutrition, ingredient characterization, energy metabolism, caloric efficiency, and applied data analysis. With more than 15 years of experience in swine production across Latin America, Gustavo also brings expertise in environmental control, performance evaluation, barn ventilation, and grow-finish housing. Learn more from Gustavo Lima on The Swine Nutrition Blackbelt Podcast, available on all major platforms.