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Here is your daily Oklahoma farm and ranch news update. 
 

 

 

 

 

 

 

Featured Story:

Higher Wheat Prices Seen This Week, But Kim Anderson Expects Wheat Below Cost of Production for Awhile  

 

Wheat prices have risen in the last few trading sessions, but Oklahoma State University Extension Grain Marketing Economist Dr. Kim Anderson says we remain below the cost of production. With July 2016 Kansas Wheat July wheat around $4.90, the delivered to a local elevator price in central Oklahoma is around $4.25 per bushel.


Dr. Anderson says that several wheat market watchers see a real possibility of below the cost of production wheat prices for a couple of years- and he says that eventually weather somewhere in wheat producing areas of the world will turn, provide the global market with a short crop and that's where wheat prices will rise. He says that our most recent rally off a low under cost of production level was back in 2009-2010. Wheat prices started rallying the last day of July in 2010, and within three and a half months- wheat prices had moved three dollars bushel higher. "Then we lost the southern hemisphere crop and prices jumped another three dollars a bushel."

Kim has more- and you can listen to our report with him by clicking here.

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.
 

National Farmers Union Delegates Set Policy- AFR Influences Several Key Issues Important to Oklahoma  

 

The 2016 National Farmers Union Convention held in Minneapolis has come to a close. Delegates to the National Farmers Union 114th Annual Meeting adopted a wide variety of policy positions- including ten special orders of business which NFU has utilzied down through the years to emphasize what they consider to be key issues.

One such Special Order of Business had to do with Cottonseed being designated as an "other oilseed" for purposes of the federal farm safety net. The NFU delegates approved the special order supporting that view, and Oklahoma delegate Harvey Schroeder of Frederick was pleased that NFU delegates were supportive. Schroeder says while USDA Secretary Tom Vilsack has refused to make the declaration about cottonseed, he believes it is important to keep some pressure on the Secretary and he believes this special order accomplishes that.

Steve Thompson of AFR also weighs in on two other issues that Oklahoma decided to use its clout on- you can read more and also listen to a special audio overview we have prepared about the delegate session in Minneapolis by clicking here.

By the way- our story also has links to ALL of the Special Orders that the NFU delegates whipped up this year- available here.

Cattle Theft, Red Cedars and the Compelling State Interest of Water Bills Pass Oklahoma House  

 
March 10th was an important day at the Oklahoma State Capitol. For a bill to stay alive for the reminder of the legislative session, it had to be passed out of its respective body. In other words, a House measure had to be voted on and approved by the full House and a Senate bill had to have had a yes vote by close of business today in the Oklahoma Senate.

Three bills that were approved by the State Legislature caught our eye on Thursday- and we have written about them in a story that you can read by clicking here.

A thumbnail on each of them-

Cattle Rustling becomes a felony if this becomes law- and its one count of felony for each critter you steal.  HB 2504 passed the House 71-21 and was heavily supported by OCA. Lead author in the House on this proposal is John Pfeiffer.

Red Cedar Eradication gets a boost in HB 2748 and the House author, Richard Morrissette, says this bill will help battle this invasive species of tree- setting up a structure for grants to be received and combined with funding from the Eastern Red Cedar Revolving Fund, enabling the Oklahoma Conservation Commission to eventually employ a state coordinator.

House Bill 2446 seems to be a bill that offers a solution to the fears of eastern Oklahoma groups who have been criticizing State Question 777, the Right to Farm Amendment.  The bill declares in advance of possible passage of SQ 777 that water issues will be always considered a compelling state interest in Oklahoma. Most of the Ag Groups were okay with this proposal that passed the House by a 59 to 36 vote.

Not every bill that was being promoted at the State Capitol was able to survive Thursday.  One that a friend of ours, State Representative Jason Nelson was very passionate about, did not.  His proposal would have established Education Savings Accounts- but without a vote by yesterday afternoon, this issue is dead for this session.

Drought Returns to Oklahoma- Three Percent of State in Moderate Drought

 
A small part of western Oklahoma- basically a slice of Roger Mills County into Ellis County and Woodward County adds up to three percent of the state in the lowest Drought Index designation of Moderate Drought.   Gary McManus says we could be adding more drought to the state totals over the next couple of weeks as another thirty percent of Oklahoma has been tabbed as Abnormally Dry- here's the picture:



Now, there is rain in the forecast- today- but  where it is yellow or brown is exactly where it won't be raining- so says Jed Castles of News9-




A picture says a thousand words- so there are your two thousand words worth of Oklahoma weather as we head to the weekend.

 

CSP Final Rule Issued by the Natural Resource and Conservation Service of USDA

 
The United States Department of Agriculture Natural Resources Conservation Service (NRCS) published its final rule on the Conservation Stewardship Program (CSP) Thursday in the Federal Register.

The National Association of Conservation Districts sees a lot of good in the final rule, but continues to worry about some aspects of the Rule that will govern one of the most popular Conservation programs that currently in place across the US.

In a news release on the final rule, the NACD says "NACD is pleased with the progress toward making the rule more adaptable to the needs of producers and landowners on many diverse landscapes across the nation, but we remain concerned that landowners will not be granted equal payment for existing and new conservation activities and to equally rank existing and new conservation activities."

More about their pros and cons can be seen by clicking or tapping here.

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FAPRI Baseline Report for 2016 Contends Current Low Commodity Prices May Be in Place Several Years

 

If you take what we reported in our top story this morning with OSU Grain Marketing Economist Kim Anderson about wheat price outlook- and you spread that across most ag commodities, the result would look a great deal like the FAPRI Baseline Report for 2016 for agriculture.


FAPRI stands for the Food and Ag Policy Research Institute. It is based in Missouri- but works closely and a lot with Texas A&M- and then it has agreements with several other Universities for specialty things like cotton and dairy.

The Baseline report for 2016 states "Lower agricultural commodity prices have contributed to a sharp reduction in net farm income. The outlook for the next several years suggests continued pressure on farm finances is likely."

You can review the summary of the Baseline report by clicking here.  In our webstory, we also have the link over to the page where you can find the complete report and reports from some of the folks that FAPRI is working with.

This N That- OYE, 74-51, Superior, Apache and Hall-Coyote Hills

 
We have some quick links to point you to regarding stuff happening now through the weekend- starting with the Oklahoma Youth Expo.

Today, OYE kicks off the show schedule that continues into most of next week- at 8 AM, Purebred Gilts will start to show and then at 2 PM, Does follow suit.

Saturday- the Commercial Gilts take over first thing and the Doe show continues.

Sunday- the afternoon will see the start of the Beef Heifer Show.

Our coverage of the OYE is powered by ITC, Your Energy Superhighway.

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The Red Dirt Bull Sale starts at noon today The sale is happening at the 74-51 Cattle Company near Marshall- 127 bulls will be offered.

Details can be seen here.

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Superior Livestock starts their regular every other week sale at 8:00 AM central this morning.

32,000 head to be sold.

Details can be seen here on the Superior website.

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Two sales happen on Saturday that we wanted to remind you about- first there is the Apache Stock Cow sale happening at 12 noon- about 800 cows to be sold.

Click or tap here to learn more.


FINALLY- we remind you of the Hall Cattle- Coyote Hills Ranch Bull Sale that starts at 1:00 PM

They have got 100 LIMOUSIN & LIM-FLEX BULLS to offer- details can be checked by clicking here.

Our thanks to Midwest Farms Shows, P & K Equipment,  American Farmers & Ranchers, Stillwater Milling Company, Oklahoma AgCredit,  the Oklahoma Cattlemens Association, Pioneer Cellular, Farm Assure and  KIS Futures 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!

 

 

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