DJ MARKET TALK: Early Oklahoma Wheat Harvest Looks Poor – Co-op
11:04 AM, May 27, 2009

1204 EDT [Dow Jones] – Early wheat harvest results from one Oklahoma co-op
meet expectations for a poor crop, an employee says. Tillman Producers Co-op in
Frederick, Okla., took in its first load of wheat from this year’s harvest
Tuesday night. Yields are “really low,” office manager Lori Varner says. “It’s
looking pretty bad,” she says. “There’s not going to be much cut.” The test
weight on the load of roughly 300 bushels was 59 pounds per bushel, and
moisture was 12%, she says. Oklahoma wheat was hurt by dryness and a freeze.
The state grows hard red winter wheat, used to make bread. (TGP)