From: Ron Hays [] on behalf of Ron Hays []
Sent: Tuesday, December 29, 2015 5:29 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update

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Big Iron   
Let's Check the Markets!  
Today's First Look:
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 for Monday, Dec 28th- as reported by the Oklahoma Dept. of Agriculture. 
Futures Wrap:  
Our Daily Market Wrapup from the Radio Oklahoma Network with Ron Hays and Tom Leffler- analyzing the Futures Markets from the previous Day.
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.

Our Oklahoma Farm Report Team!!!!
Ron Hays, Senior Editor and Writer
Pam Arterburn, Calendar and Template Manager
Dave Lanning, Markets and Production
Leslie Smith, Editor and Contributor

Oklahoma's Latest Farm and Ranch News

Presented by

Okla Farm Bureau  
Your Update from Ron Hays of RON
   Tuesday, December 29, 2015
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
PeelAnalysisFeatured Story:
Goliath Blows Across Southern Plains Cattle Country- Likely Impacting Markets in the New Year- Dr. Derrell Peel Explains

In his regular Monday market analysis, Dr. Derrell Peel of OSU says that the huge storm that some are calling Goliath has impacted cattle in our region and will likely impact cattle prices in the new year.

According to Dr. Peel- "2015 is showing her teeth one last time with a storm that is affecting people and animals across a majority of the country. The massive storm includes a severe side with rain, flooding and tornados and a winter weather side with snow and blizzard conditions, all separated by a band of freezing rain and sleet. The dividing line between these storm components runs across the middle of Oklahoma resulting in a wide variety of conditions and challenges for Oklahoma cattle producers. The one consistent component across both sides of the storm has been lots of wind."

Dr. Peel says that the effects of the storm will linger and be seen in the markets of 2016- "While the storm is mostly a cattle management issue for cows, it will impact animal productivity for stocker cattle and feedlots. The widespread feedlot impacts will likely affect cattle and beef markets in the coming weeks. Feedlots in the Southern Plains are being hit with adverse weather for the first time this winter; having enjoyed very mild conditions so far this fall. In contrast, feedlots in the Midwest and Corn Belt have already been dealing with muddy conditions and the current weather will aggravate those poor conditions, resulting in additional productivity losses.

"The poor animal performance and additional death loss are a direct economic loss for feedlots; while the broader beef market may reflect the impact of additional loss of beef tonnage as a result of lower carcass weights."

Click here to read the final analysis of the year from Dr. Peel by clicking here.

Sponsor Spotlight 
It's great to have one of the premiere businesses in the cattle business partner with us in helping bring you our daily Farm and Ranch News Email- National Livestock Credit Corporation.  National Livestock has been around since 1932- and they have worked with livestock producers to help them secure credit and to buy or sell cattle through the National Livestock Commission Company. 

They also own and operate the Southern Oklahoma Livestock Market in Ada, Superior Livestock, which continues to operate independently and have a major stake in OKC West in El Reno. To learn more about how these folks can help you succeed in the cattle business, click here
 for their website or call the Oklahoma City office at 1-800-310-0220.
IllinoisRiverA Flood of Historic Levels on the Illinois River in Eastern Oklahoma  

According to the Oklahoma Scenic River Commission- all gages on the Illinois River show the water has crested at historically high levels.

Ed Fite with the OSRC says water levels at Watts, Chewey and Tahlequah gage sites reached "flood of record levels" and crested on Monday.

Fite has told News on 6 in Tulsa that the conditions on the river remain extremely dangerous with widespread catastrophic damage that has occurred to property and roads in the area.

According to News on 6 reports- As of Monday afternoon- Highway 10 north from Tahlequah to Little Kansas was closed by flood waters covering the roadway in vary locations.

US 62/SH 51 bridge located just east of Tahlequah is open.

Here are the three key measurements for the Illinois River in Oklahoma and the high water marks of Monday:

Watts (US 59 bridge) gage site crested midnight on Monday at 28.52 feet with water levels falling.

Chewey (Hampton Bridge) gage site crested 6:00am on Monday at 31.78 feet with water levels falling.

Tahlequah (US 62 bridge) gage site crested at 30.69 feet Monday afternoon around 3 PM- as of early Tuesday morning (4 AM)- it stands at 24.8 feet- flood stage is 11 feet.  The high water mark on Monday was fully three feet above the all time record set in the 1950s.

The flooding has been a direct result of record rainfall since Saturday- with totals of eight to twelve inches common in northeast Oklahoma- click here for the current four day rainfall map from the Oklahoma Mesonet to see location by location totals.

Seng2016After a Tough 2015, Phil Seng Sees a Stronger 2016 for US Beef and Pork Exports 

From earlier this fall, this Beef Buzz is a "Best of" edition featuring the comments of USMEF President Phil Seng. According to Seng, US Beef exports have taken a hit in 2015- in both volume sold and the value of those pounds that have been purchased by overseas buyers. Despite the downturn, Phil Seng says there are some bright spots to point to.

"I think one of our exciting success stories has been in the Korean market," Seng said. "We worked very hard in Korea. Our numbers are up in Korea for beef and pork. I think the Korean market has been very, very positive for us."

While U.S. beef and exports have had a tough year in 2015, USMEF is optimistic beef and pork exports will increase in 2016. Seng said USMEF is forecasting U.S. beef exports will increase by eight percent and U.S. pork exports look to increase by six percent. In marketing to customers, USMEF touts U.S. red meat products as a U.S. product that is safe and wholesome. Seng often talks about the diverse government agencies that regulate the safety of all U.S. food products.

Click here to read more and to listen to Phil Seng's comments about what he sees ahead for US meat exports in the new year.

ChinaSurplusSurplus Stocks in China May Put a Dent in US Farm Prices in 2016- CoBank Report

Large stockpiles of commodities could challenge agriculture imports for China in 2016. A new report by CoBank's Knowledge Exchange Division says China has multiyear high supplies of commodities such as corn, wheat, cotton, milk powder and soybeans. The report finds that despite slowing economic growth, China's urban disposable incomes - which drive the country's food and agricultural consumption - are increasing 10 percent year-over-year.

The report blames China's subsidization of its agricultural sector, which has yielded mounting stockpiles of commodities and strained storage capacity, as the real culprit leading to decreased imports in most categories.

CoBank's Dan Kowaklsi said "this issue has been brewing for years and is a result of China's drive to achieve food self-sufficiency." That's because China has subsidized its agricultural sector to the extent that supplies have considerably outpaced increasing consumer spending and consumption.

The report cites USDA figures, which anticipate that China will import 46 percent less corn, 34 percent less cotton and 35 percent less milk powder during the current marketing year. Wheat, soybeans and other food grains are expected to rise, but by smaller margins than in prior years.

Sponsor Spotlight 
For nearly a century, Stillwater Milling has been providing ranchers with the highest quality feeds made from the highest quality ingredients.  Their full line of A&M Feeds can be delivered to your farm, found at their agri-center stores in Stillwater, Davis, Claremore and Perry or at more than 100 dealers in Oklahoma, Arkansas, Kansas and Texas. 

We appreciate Stillwater Milling's long time support of the Radio Oklahoma Ag Network and we encourage you to click here to learn more
 about their products and services.

AFRWomenRural Oklahoma Women Leaders Donate More Than 140,000 Meals in 2015

The 2015 American Farmers & Ranchers Women's Cooperative food drive totaled 140,303 meals for hungry Oklahomans.

"We are extremely pleased to provide food for those in need," Suzanne Gilbert, AFR Women's Cooperative Council chairperson, said. "It only makes sense that those who produce food provide for those who need it the most."

The rural women conducted a year-long "Drive Away Hunger with AFR" campaign that ended in late December. The women partnered with the Regional Food Bank of Oklahoma, Community Food Bank of Eastern Oklahoma, Invest An Acre, Plant A Row Campagn, DairyMax and local food banks across the state.

Read more about this successful effort to feed hungry Oklahoma families by clicking here.

Want to Have the Latest Energy News Delivered to Your Inbox Daily?

Award winning broadcast journalist Jerry Bohnen has spent years learning and understanding how to cover the energy business here in the southern plains- Click here to subscribe to his daily update of top Energy News.

RFAWho's In and Who's Out When It Comes to E15 Use in 2016 Autos

An analysis of 2016 model year (MY) warranty statements and owner's manuals conducted by the Renewable Fuels Association (RFA) shows that auto manufacturers explicitly approve E15 (15 percent ethanol 85 percent gasoline) use in more than 70 percent of new vehicles. This is up from 2015, when just over 60 percent of MY 2015 automobiles were clearly approved for E15.

RFA's analysis shows that, for the first time, Fiat Chrysler Automobiles (FCA Group) has approved the use of E15 in its MY 2016 Chrysler/Fiat, Jeep, Dodge, and Ram vehicles. FCA's decision means it joins the other members of the "Detroit Three" (General Motors and Ford) in unequivocally allowing E15.

Other automakers offering explicit approval of E15 in MY 2016 vehicles include Toyota/Lexus, Audi/Porsche/Volkswagen, Honda/Acura, Jaguar, and Land Rover. Together with the Detroit Three, these manufactures have produced approximately 72 percent of the vehicles sold in 2015.

With a U.S. market share of 8.5 percent, Nissan Motor Company is the largest "hold-out" when it comes to approving the use of E15 in its vehicles. Nissan even goes as far as suggesting that "E-15 fuel will adversely affect the emission control devices and systems of the vehicle," which raises questions about why Nissan is not able to provide the same quality of technology as automakers approving the use of E15. Curiously, Nissan also warns drivers that oxygenates like ethanol "can cause paint damage."

Read more about which makes of autos allow E15 in their new model year and which do not by clicking here.

ICYMIIn Case You Missed It- In the Field- Jeff Edwards Sees a World of Potential in the 2016 HRW Oklahoma Wheat Crop

In case you missed it- Dr. Jeff Edwards talked about the status of the 2016 hard red winter wheat crop in Oklahoma with yours truly this past Saturday morning on KWTV News9 during their regular morning news block. Edwards says that the wheat crop has entered the winter season in the best shape it has been in the last several years- with no drought hurting the potential of the crop that will be harvested in the June time frame in 2016.

We have the video of our weekend Q&A with Dr. Edwards that you can see by clicking here.

At that link- we also have the earlier off camera in depth conversation that we had with Dr. Edwards about the status of the 2016 HRW crop in the state. 

While the floods of eastern Oklahoma may have damaged crop land in that part of the state- the sleet and snow in central and western Oklahoma likely was a further positive for both the winter wheat and winter canola. 

Our thanks to Midwest Farms Shows, P & K EquipmentAmerican Farmers & Ranchers, CROPLAN by WinfieldKIS Futures, Farm Assure, Stillwater Milling Company, Pioneer Cellular, National Livestock Credit Corporation and Oklahoma Cattlemen's Association for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked here- just click on their name to jump to their website- check their sites out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis- at NO Charge!



We also invite you to check out our website at the link below to check out an archive of these daily emails, audio reports and top farm news story links from around the globe.

Click here to check out WWW.OklahomaFarmReport.Com 



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