 |
We
invite you to listen to us on great radio stations
across the region on the Radio Oklahoma Network
weekdays- if you missed this morning's Farm News - or
you are in an area where you can't hear it- click
here for this morning's Farm news
from Ron Hays on RON.
Let's Check the
Markets!
Today's
First Look:
Ron
on RON Markets as heard on K101
mornings
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
Etc.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Canola
Prices:
Current
cash price for Canola is $11.99 per bushel at the Northern
Ag elevator in Yukon-
2012
New Crop contracts for Canola are now available at
$12.77 per bushel- delivered to local
participating elevators that are working with PCOM.
Futures
Wrap:
Our
Daily Market Wrapup from the Radio
Oklahoma Network with Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
KCBT
Recap:
Previous Day's Wheat Market Recap-Two
Pager from the Kansas City Board of Trade looks at all
three U.S. Wheat Futures Exchanges with extra info on
Hard Red Winter Wheat and the why of that day's
market.
Feeder
Cattle Recap:
The
National Daily Feeder & Stocker
Cattle Summary- as prepared by USDA.
Slaughter
Cattle Recap:
The
National Daily Slaughter Cattle
Summary- as prepared by the USDA.
TCFA
Feedlot Recap:
Finally,
here is the Daily Volume and Price Summary from
the Texas Cattle Feeders Association.
| |
Oklahoma's
Latest Farm and Ranch News
Your
Update from Ron Hays of RON
Tuesday, April 24,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured
Story:
Senate
Ag Committee Ready to Mark Up Farm Bill- We
Dissect Bill With Mary Kay
Thatcher
Longtime
lobbyist for the American Farm Bureau,
Mary Kay Thatcher, applauds
Senate Ag Committee Chairlady Debbie Stabenow and
her ranking minority member, Pat Roberts of Kansas
for releasing a "chairman's mark" farm bill draft
proposal this past Friday- saying these days in
Washington, it 's the exception rather than the
rule to see Democrats and Republicans working in
the same direction. The Senate Ag Committee will
take up the measure and consider amendments to it
starting Wednesday morning, hoping to quickly pass
a comprehensive 2012 Farm Bill out of their
Committee.
Thatcher says that the
Commodity Title will be the focus of most debate
and possible changes, as she considers the rest of
the package "very well done." Thatcher especially
thinks the Conservation Title protects the working
lands programs well, consolidates regional
specialty programs into one larger pot of money
that will be more efficient and downsizes the
Conservation Reserve Program gradually over a five
year period from 32 million acres down to 25
million acres. Mandatory research dollars are
actually increased compared to the 2008 farm
law-another positive for Thatcher.
As
for Title One- the Commodity Title, Thatcher says
the leadership has approached a farm safety net as
a three legged stool- crop insurance, marketing
loans and the so called "shallow loss" program.
It's that third element that concerns many in the
farming community, and Thatcher says that her
group would still rather have a "deep loss"
program instead.
Click here for our story on our visit
on Monday afternoon with Mary Kay Thatcher-
and a chance to hear our full conversation with
her- beyond the farm bill- we talk about
challenges ahead in getting several tax issues
dealt with before the end of the calendar year-
including the so called Death Tax- and also the
ongoing concerns of regulations on farmers and
ranchers.
|
Sponsor
Spotlight
When
you come to Oklahoma City for business or
pleasure- we invite you to check out the
Hyatt Place- OKC Airport, located
at 1818 S. Meridian. It's a great location,
with spacious guestrooms, free wifi, complimentary
hot breakfast AND a special rate for Ron Hays
Email readers. Click here for the RON rate at the
Hyatt Place OKC airport. If you have
trouble with this link for any reason- click on
the graphic for the Hyatt Place
on the left hand side of this email- that takes
you to their main page- when you check rates, put
in the Corporate ID Box the number 11272- it's
nice discount off their best available rates-
whether it's the State FFA Convention or any other
event- give the Hyatt Place folks a try- you will
be happy you did.
We
are also excited to have as one of our sponsors
for the daily email Producers Cooperative Oil
Mill, with 64 years of progress through
producer ownership. Call Brandon Winters at
405-232-7555 for more information on the oilseed
crops they handle, including sunflowers and
canola- and remember they post closing market
prices for canola and sunflowers on the PCOM website- go there by
clicking here.
|
Crop
Weather Conditions Continue to Favor Small
Grains
Most
of the week was clear with average highs in the
low 70s. Small grains and canola continued to
thrive amid spring temperatures and replenished
soil moisture from the previous week's rain.
Conditions continued to be rated mostly good for
all small grains and canola; three-quarters or
more of each crop was rated good to excellent.
Progress continued to outpace the five-year
average.
Wheat
conditions across Oklahoma show 53 percent in good
condition, 24 percent in excellent shape, 19
percent in fair condition and four percent rated
as poor or very poor.
Canola
in Oklahoma posted similar numbers with 52 percent
in good shape, 23 percent in excellent condition,
20 percent in fair condition, and five percent
doing poorly or very poorly.
The
Kansas wheat crop is continues three weeks ahead
of average with 51 percent in good condition, 25
percent fair, 17 percent is listed as excellent,
and 7 percent is poor or very poor.
Thirty-two
percent of the wheat crop in Texas is in fair
condition, 28 percent is listed as good, 32
percent is in poor or very poor shape, and only
eight percent is excellent.
You can read the full Oklahoma Crop
Progress Report by clicking here.
|
Favorable
Weather Could Mean Early Cotton Planting
Cotton
planting for the 2012 season will begin soon.
Thankfully, it has been raining this year as
opposed to the severe drought in 2011. A lot of
factors need to be considered this year as cotton
producers get ready to plant. Dr. Randy
Boman, Oklahoma State University Research
Director and Extension Program Leader, has this
advice to share with producers this
year:
The 2012 cotton planting season is
just around the corner. We have been very
fortunate to receive badly needed rainfall in any
areas of southwestern Oklahoma. The Altus Mesonet
has recorded about 12 inches of rainfall since
October 1. This rainfall has provided considerable
relief for a lot of producers and we do have some
good wheat in the area. March and early April
rainfall has been highly beneficial in this
situation. Weed pressure has steadily built over
the last several months and producers have been
busy trying to rein in this growth with herbicide
applications. With all of this said, in the cotton
patch we are still a long way from being healed up
from the Great Drought of 2011 and we are
certainly in much better shape than one year ago.
We have aquifers which need recharging and we also
badly need runoff in the North Fork of the Red
River watershed which feeds Lake Lugert.
Currently, the reservoir is about 22 percent of
capacity. We need substantial runoff in the
watershed soon. March, 2012 ended as the warmest
on record across Oklahoma, going back to 1985.
This indicates things are moving along at an
accelerated pace. If this warming trend continues,
I wouldn't be surprised to see producers watching
the soil thermometers and soil moisture conditions
and getting anxious to plant by the end of
April.
You can read more of Dr. Boman's
extensive advice for this year's spring cotton
crop by clicking here.
|
Regional
Differences in Cattle Markets Continue to Grow,
Peel Says
OSU
Extension Livestock Marketing Specialist
Derrell Peel dug into the meat of
the recent Cattle on Feed Report and came up with
a few surprises. Here is his latest contribution
to the Cow/Calf Corner Newsletter:
The
latest USDA Cattle on Feed report contained few
surprises in the overall numbers for placements
and marketings. However, a closer look at the
report reveals a continuation of recent trends
that reflect more regional differences in cattle
markets. No doubt the lingering effects of the
drought, which continues in parts of the
southwest, contribute to some of the observed
differences but the changes may also reflect more
long term shifts in market structure.
The
contrasts between Texas and Nebraska in this
Cattle on Feed report are striking. On April 1,
on-feed inventory in Texas was equal to last year,
but below the national total of 102 percent of
last year, while Nebraska was 106 percent of last
year. March Placements in Texas were down 12
percent from last year but Nebraska placements
were up 13 percent from a year ago. Nebraska
placements included more feeders over 800 pounds
while Texas placed more under 600 pound feeders as
part of smaller total placements in the
state.
Click here for more from Derrell Peel
on regional differences in the cattle
markets.
|
Farm
Groups Praise Senate Action On Farm Bill Mark
Up
A
pair of top agricultural organizations sent
letters to the Senate Agriculture Committee urging
the committee to move forward with the proposed
2012 farm bill legislation. Both the National Corn
Growers Association and the American Farm Bureau
Federation commended the committee for its work so
far and pledged to support the general framework
that his in place while pursuing refinements in
certain areas.
National
Corn Growers Association President Garry
Niemeyer praised the committees work thus
far.
"The
National Corn Growers Association is pleased to
see the Committee listened to the concerns of our
nation's corn growers and have done a great job
keeping our priorities under consideration while
drafting the legislation. NCGA believes the
Committee print is consistent with what our
members have been advocating.
"While
we understand this is the first step in a very
long process, we applaud the Senate Ag Committee
for holding a markup and hope the House
Agriculture Committee will swiftly follow
suit."
AFBF
President Bob Stallman echoed
Niemeyer's praise, saying "Numerous
provisions of the Senate Agriculture Committee's
draft farm bill follow the American Farm Bureau
Federation's core principles for "rational,
acceptable farm policy," but there is room for
adjustments to improve the
legislation."
You
can read more from the National Corn Growers by clicking
here. You can also find more from the American Farm Bureau by clicking
here.
|
A
Nice Increase in Choice Boxed Beef Prices and
Finished Cattle Prices - Audio with Ed Czerwien
In
this week's beef report, according to Ed
Czerwien, USDA Market News Office in
Amarillo, Texas, said we saw the choice cut market
end the week April 20, 2012 at $188.01 cwt, a ten
dollar increase from the previous Friday. That
price was supported by a fifty percent increase in
the trimmings. However, the spot volume was down.
As far as the finished cattle trade last week,
the trend was generally steady with the previous
week. Business in the Southern Plains was mostly
$121 to $122 cwt mark.
The average live
weight of the cattle harvest from the Texas
Panhandle was 1,227 pounds, up 3 pounds from the
previous week.
Please click here for Ed Czerwien's
full report on last week's cattle
markets.
|
This
N That- Express Ranches, Wheat Tours and
Washington Notes
The
Grass Time Sale of Express
Ranches is upon us- set for 1:00 pm this
Friday, April 27. They will be offering 600 head -
including 130 Angus bulls. They will also be
selling spring calving registered Angus pairs,
Show Heifers and Commercial Bred Heifers. Click here to jump straight to their
website where you can go and view the catalog-
see an Excel sheet of bull data and now check out
a video of the bulls being offered this
Friday.
Wheat
Field Tours are now underway across the wheat belt
in Oklahoma- and we encourage you to go to our
calendar pages- click here to do so- and find a
field tour stop near you- you will see side by
side comparisons of the latest wheat varieties and
get updates from the OSU Wheat Improvement
Team. Tour dates stretch all the way to the
end of May out in the Panhandle.
A
quick word on where we are this week- we are in
Washington through Wednesday for the annual
National Association of Farm Broadcasters
Washington Watch- where we are able to catch up
and meet face to face with Administration
officials, Congressional leadership and
representatives of farm groups here "inside" the
Washington beltway. Today- we will spend time at
the Eisenhower Executive Office Building adjacent
to the White House, visit the First Lady's Garden
and then head out to the Chesapeake Bay to hear
first hand from farmers there who operate under
the shadow of governmental regulations. As we have
the opportunity to do so- we will be tweeting
today- click hereto watch for those
tweets.
|
|
God Bless!
You can reach us at the following:
phone: 405-473-6144
| | |