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
on RON Markets as heard on K101
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
DailyOklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
cash price for Canola is $13.23 per bushel at the Northern
Ag elevator in Yukon-
New Crop contracts for Canola are now available at
$13.23 per bushel- delivered to local
participating elevators that are working with PCOM.
Daily Market Wrapup from the Radio
Oklahoma Network with Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
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
National Daily Feeder & Stocker
Cattle Summary- as prepared by USDA.
National Daily Slaughter Cattle
Summary- as prepared by the USDA.
here is the Daily Volume and Price Summary from
the Texas Cattle Feeders Association.
Latest Farm and Ranch News
Update from Ron Hays of RON
and Leffler See Good News for Oklahoma Producers
in Crop Reports
US Department of Agriculture, as expected, is
predicting a much larger winter wheat crop than
that produced in the midst of drought conditions a
year ago. According to the USDA, "Winter wheat
production is forecast at 1.69 billion bushels, up
13 percent from 2011.
"Hard Red Winter, at
1.03 billion bushels, is up 32 percent from 2011.
Soft Red Winter, at 428 million bushels, is down 6
percent from last year. White Winter is down 9
percent from last year and now totals 233 million
bushels. Of this total, 14.1 million bushels are
Hard White and 219 million bushels are Soft
wheat prices should sell off hard in the next few
days because of weakness in corn or harvest
pressure, that sell off will not stick- at least
that's the opinion of OSU Grain Marketing
Economist Dr. Kim Anderson.
Anderson says that while the US will have a larger
winter wheat crop than in 2011, the global outlook
for wheat is not as good, as several other major
wheat producers may well end up producing a
substantially smaller crop in the months ahead. You can hear more from Dr. Anderson
by clicking here. He will also have more
on this week's SUNUP program and you will find a preview
Tom Leffler with Leffler
Commodities says the corn numbers within the
supply demand numbers released by the Economic
Research Service of the USDA for the World Ag
Outlook Board have caught his eye.
reports "U.S. feed grain supplies for
2012/13 are projected at a record 416.3 million
tons, up 16 percent from 2011/12 with higher area
and production for corn, sorghum, barley, and
oats. Corn production for 2012/13 is projected at
a record 14.8 billion bushels, up 2.4 billion from
2011/12. The 2012/13 corn yield is projected at a
record 166.0 bushels per acre, 2.0 bushels above
the 1990-2010 trend reflecting the rapid pace of
planting and emergence. Despite the lowest
expected carryin in 16 years, corn supplies for
2012/13 are projected at a record 15.7 billion
bushels, up 2.2 billion from
Leffler adds that the Supply
Demand report is very friendly to soybeans.
Leffler goes into greater detail
which you can hear by clicking
You can also find the full World
Agricultural Supply and Demand Report by clicking
It is great to have as a
regular sponsor on our daily email
Johnston Enterprises- proud to be
serving agriculture across Oklahoma and around the
world since 1893. Service was the foundation upon
which W. B. Johnston established the company. And
through five generations of the Johnston family,
that enduring service has maintained the growth
and stability of Oklahoma's largest and oldest
independent grain and seed dealer. Click here for their website,
where you can learn more about their seed and
We are pleased to have
American Farmers & Ranchers Mutual
Insurance Company as a regular sponsor of
our daily update. On both the state and national
levels, full-time staff members serve as a
"watchdog" for family agriculture producers,
mutual insurance company members and life company
members. Click here to go to their AFR
website to learn more about their efforts to
serve rural America!
See 'Perfect Storm' on the Horizon for American
Corn and Soybean Producers in USDA Crop
USDA released its first estimate of the 2012/2013
corn crop size and it is a big one. This estimate
projects record US corn production of 14.79
billion bushels - up 1.7 billion bushels from the
previous record of 13.09 billion bushels in 2009.
USDA is also projecting corn for ethanol use
to be 5 billion bushels for the marketing year
running from September 1, 2012 to August 31, 2013.
bumper crop of soybeans is also expected, with the
USDA projecting a domestic harvest of 3.205
billion bushels, an increase of 149 million
bushels from 2011. That boost, however, is not
projected to keep up with strong demand from
exports, which are expected to increase by 190
million bushels and the crush use of soybeans,
which will increase by 10 million bushels. This
scenario will mean U.S. soybean supplies will fall
to a mere 16 days of inventory, according to
American Farm Bureau Federation
Cooper, vice president of research and
analysis for the Renewable Fuels Association says
if the corn harvest comes in as predicted it will:
be a record, beating the 2009 crop by 11% and be
65% bigger than the crop 10 years ago. You can read more of Geoff's
assessment by clicking here.
Todd Davis with the American Farm
Bureau Federation is predicting a
"perfect storm" for American producers on the
world soybean markets with ending stocks the
tightest they have been since the 2007-2008
marketing year. Todd Davis's analysis also includes
the interplay between corn and soybeans and can be
found by clicking here.
of Beef Advocacy Program Holds Great Promise for
Users of Social Media
Beef Checkoff Masters of Beef Advocacy program has
gotten a big boost with its inclusion at the
Oklahoma FFA State Convention and in FFA chapters
across the state. Daren
Williams, dean of the program, says
employing the educational program at this level is
showing great results.
He recently spoke
with us about the program's growth and success. As
has been seen in the controversy surrounding Lean
Finely Textured Beef, social media is where the
public relations battle is increasingly being
"You have a battle, but also an
opportunity," he says. "This is our opportunity to
take our story directly to the consumer. It's a
very, very powerful tool to be able to start your
own blog which is essentially like your own
newspaper or web page. Now, it takes a lot of
work, it takes some savvy as to how to really get
beyond preaching to the choir and get our message
out to consumers but we've got some MBA graduates
who are doing a wonderful job at it and really are
connecting with consumers."
You can hear the latest Beef
Buzz with Daren Williams as well as find a link to
Part I of our interview by clicking here.
and Canola Harvest Rolls Nicely for a Couple of
Days- but Likely Halted Today into the Weekend
With Arriving Rains
was gathering speed on Thursday- but the rains
predicted have materialized and will likely shut
down harvest until the end of the weekend at the
earliest across the southwestern counties that
border the Red River and Texas. A large area of
southwest Oklahoma has wheat ready or very close
to being ready for harvest- and it's not even mid
May as of yet.
Our own Jim Apel caught up
with a couple of grain elevator operators on
Thursday afternoon- at Cassidy
Grain in Frederick and at
Gavilon in Altus. Both
reported pretty good traffic the last couple of
days- although Chase Cassidy said
around Frederick, the wheat was just barely ripe
enough to harvest. He reported really good
yields- nothing less than 39 bushels per acre were
the reports he was getting from his farmers- and
test weights 60 pounds and above as well.
report from Gavilon was good movement- over a
hundred trucks on Thursday had unloaded- but
yields were not as strong south and west of Altus-
based on feedback from their customers.
also picked up a little bit on canola harvest-
Josh Bushong with OSU extension
told us that southwest yields on canola that has
been combined has been mostly in the mid 20 bushel
range, with some reports as high as the upper
Click here for more details from both
the wheat and canola harvest front- as of
early this morning.
also were able to snap some photos down around
Apache on Thursday- saw some wheat that still had
a tinge of green you could see across the field-
and then a lot of fields that looked dead
ripe. We also saw a lot of wheat that has
been lodged because of winds. Click here for a fresh new Flickr set
of photos that we took yesterday in and around
Apache- some nice looking wheat virtually ready to
State Tabs Dr. Clint Rusk of South Dakota State to
be New Head of Animal
Dean and Vice President of the Division of
Agriculture for Oklahoma State University,
Dr. Bob Whitson, has announced
that a new Department Head for the crucial Animal
Science Department at OSU has been selected.
Dr. Clint Rusk of South Dakota
State University will be heading south this summer
to take over the reins from Ron Kensinger, who
headed east in the latter days of 2011 to a post
at the Ohio State University.
Whitson's email was short and to the point- "I am
pleased to announce that Dr. Clint Rusk has
accepted the position of Department Head for
Animal Science pending Board of Regents
approval. Dr. Rusk will be joining us this
summer by August 1st. We had the opportunity
to meet four excellent finalists for the position
and I appreciate the tremendous work of of the
search and screening committee chaired by Dr. Mike
Woods. I also want to thank Dr. Gerald Horn
who has served in the important Interim
Dr. Rusk currently serves as
the Dean of the Animal Science Department at South
Dakota State University. A glimpse into his
vision for an Animal Science program can be seen
in his greetings for that department found on
their website- "we strive to be a student centered
research department. Graduates of our department
move on to successful careers in the animal
industry, meat industry, academia, veterinary
medicine and other agriculture related businesses.
We have successfully trained outstanding students
in the animal and meat sciences."
Click here for our full story and
a link to his full "pedigree" from the South
Dakota State University website.
Hearing Learns Access to Credit Critical for
Jeff Fortenberry (R-NE), Chairman of the House
Agriculture Committee's Subcommittee on Department
Operations, Oversight, and Credit held a public
hearing to learn more about how credit programs
are working for farmers and how they should
continue in the 2012 Farm Bill.
Two of the
witnesses, a beginning farmer from Nebraska and an
urban farmer from Ohio, explained how important it
is for agricultural producers to have access to
credit to both start and support their operations
because of the risks inherently involved with
farming. While other witnesses representing the
Farm Credit System and commercial lenders
described the important role they play for
economic growth in rural communities.
we heard that ensuring a stable food supply is
directly connected to farmers and ranchers having
access to steady sources of credit. It is
especially important for our nation's beginning
farmers and ranchers, who are just starting their
operations. As we prepare to write the next Farm
Bill, it is critical that we continue to provide a
credit system that meets the needs of our
agricultural producers and rural communities,"
said Chairman Jeff Fortenberry (R-NE).
You can read more about the hearings
as well as find links to the witnesses' testimony
by clicking here.
Lost a Friend on Thursday
was on the road in southwestern Oklahoma yesterday
afternoon when I got a phone call that changed my
day in a very sad way. Sara Wyant of
Agri-Pulse was on my cell phone- and said she had
some tough news to share- colleague and dear
friend Stewart Doan had passed
away just a few minutes earlier.
of you know Stewart- many of you do not.
But, you know of his work- as we shared
stories in the area of farm policy and the
controversy of the Beef Checkoff of 2010 and
2011. But Stewart was more than a colleague-
he was my friend.
are both from Kentucky. He's a few years my
junior, but our passions were very similar.
We both grew up listening to and idolizing a farm
broadcaster legend who was originally from
Oklahoma- Barney Arnold. Stewart, after
graduating from the University of Kentucky, ended
up in Little Rock at the Arkansas Radio
Network. I later hired him during my Clear
Channel days as the Farm Director of the Yancey
Network which was broadcast service to farmers up
and down the Mississippi.
those days- I left Clear Channel to work for RON
and Griffin and he left and went to work for
primarily Agri-Pulse, doing the part of the job he
loved the best- covering farm policy. He was
really, really good at it.
talked at least a couple of times a week- and I am
grateful for a recent road trip where he came over
from Little Rock and road up to the House Ag
Committee Field Hearing in Dodge City last
month. We two days of great conversation and
fellowship which I will treasure.
also had a common bond with the University of
Kentucky Wildcats- football and basketball- we
spent a lot of hours dissecting the good and bad
of UK sports.
I mentioned- it's a personal loss- but also a
professional one- Stewart was invaluable to me as
we worked together so many issues and
stories. Reporting farm news won't be the
same- but I will carry the memories and lessons
learned from this special man.
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