Subject: Oklahoma's Farm News Update
From: Ron Hays <ronphays@cox.net>
Date: 6/12/2020, 5:29 AM
To: ron@ronhays.com



 
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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.
 

 
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Today's First Look:
mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
 
 
Each afternoon we are posting a recap of that day's markets as analyzed by Justin Lewis of KIS futures- click here for the report posted yesterday afternoon around 3:30 PM.
 
 
Okla Cash Grain:  
Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture.


Woodward Livestock had just over 5,000 head yesterday(Thursday) with yearlings called $2 to $3 lower- click here for the complete report.  
  

Futures Wrap:  
Our Daily Market Wrapup from the Radio Oklahoma Network - 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.
 


 
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Ron Hays, Senior Farm Director and Editor

KC Sheperd, Associate Farm Director and Editor

Sam Knipp, Farm Editor
 
Pam Arterburn, Calendar and Template Manager
 
Dave Lanning, Markets and Production

Oklahoma's Latest Farm and Ranch News
 
Your Update from Ron Hays of RON
   Friday, June 12, 2020

Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 


Extreme drought (D3) has become a part of the 2020 reality this week for folks in west central Oklahoma. All year we have been talking about D3 in the Oklahoma Panhandle, specifically Cimarron County. A lack of precipitation has now created a serious situation for thousands of more Oklahomans as the latest U.S. Drought Monitor map shows extreme drought conditions now cover almost 4 percent of the state, more than twice the area covered last week.

Almost half of Oklahoma, 43.8 percent, is considered abnormally dry or worse. This is now the longest stretch of dry conditions for this much of Oklahoma in more than a year.

According to the Oklahoma Mesonet, nearly all the northwestern quarter of Oklahoma has seen a top-10 driest the last 60 days, dating back to at least 1921. For the Panhandle climate division, it's the 3rd driest.


Sponsor Spotlight
 

The Oklahoma Farm Bureau - a grassroots organization that has for its Mission Statement- "Improving the Lives of Rural Oklahomans."  Farm Bureau, as the state's largest general farm organization, is active at the State Capitol fighting for the best interests of its members and working with other groups to make certain that the interests of rural Oklahoma are protected.  Click here for their website to learn more about the organization and how it can benefit you to be a part of Farm Bureau.


 USDA USDA Leaves Oklahoma Wheat Crop Estimate at 102.6 Million Bu While Bumping Kansas to 318 Million Bu

The June 2020 USDA Crop Production Report leaves the Oklahoma wheat crop unchanged from May, Kansas up 13 million bushels and Texas five million bushels smaller- Overall, a one percent larger overall Hard Red Winter Wheat Estimate than May- Up one percent to 743 million bushels.


The Oklahoma Wheat Crop remains as of June first at 102.6 million bushels- based on 2.7 million acres while leaving the average yield at 38 bushels per acre. That is slightly aboved the historic ten year average Oklahoma wheat crop of 101 million bushels.The 2020 crop is less than the 110 million bushels produced in 2019.


In Kansas, the June crop forecast is thirteen million bushels larger than May- now at 318.5 million bushels- the Kansas yield jumping from 47 bushels per acre in May to 49 bpa. Meanwhile the Texas yield dropped five bushel bpa from May to June, making the Texas estimate now at 79.2 million bushels for 2020.


 PGI Plains Grains Believes Texas at Midway Point in the 2020 Wheat Harvest- Oklahoma at 36 Percent

The latest report from Plains Grains on the 2020 Hard Red Winter Wheat Harvest is out- and shows significant progress since last Thursday. Here is a portion of the report released Thursday evening, June 11, 2020:


"Harvesting of the 2020 HRW wheat crop is now in full swing from central Texas, throughout all of Oklahoma and now crossing into southern Kansas. Cutting was only slowed this week by extremely high winds (40 - 50 mph (64 km/h - 80 km/h) sustained with gust to over 80 mph (129 km/h) on Tuesday when the most powerful jet stream of the season and an accompanying low move south across the central US while a tropical storm moved north out of the central Gulf. Wheat receiving points in some locations were closed because of fears of fires being started in wheat fields by equipment.


"Progression of harvest took another jump this week as Texas is now projected to be almost half done at 49%, while Oklahoma is projected to be just over a third completed at 36%. Field reports in both states continue to be highly variable in all measured values to this point. 

Mark Hodges with Plains Grains also points us to the Day One Kansas Wheat Harvest Report that was released yesterday- click here for that.

AND- to read more from the latest Plains Grains Report- Click or tap here. 





The COVID-19 pandemic has not kept combines out of wheat fields for Oklahoma's annual harvest.

"With all the pandemic-related challenges going on this year, implementing safeguards through harvest season has been relatively straightforward and doable," said Gary Strickland, Oklahoma State University Extension agricultural educator for Jackson and Greer counties and dryland cropping systems specialist with the university's Southwest Research and Extension Center.

Addressing health risks has not been as difficult as some might think. For example, custom harvesters are already used to cleaning combines to reduce cross-contamination of seed as they move from field to field. They also are on perpetually tight schedules that lead many to:

· Send a single person into town to pick up meals and bring them back to others in their combine crews to reduce downtime.
· Stay in travel trailers as they make their annual pilgrimage northward from one state to the next.
Work as many hours as possible during daylight, which cuts down on interaction with individuals and agribusiness enterprises outside contract operations.


USDA has released the World Agricultureal Supply and Demand Estimates (WASDE) for June 11th.

WHEAT: U.S. 2020/21 wheat supplies are up on a larger crop and a slight increase in beginning stocks. The change in beginning stocks reflects a 5-million-bushel reduction in
2019/20 exports. Winter wheat production is forecast up 11 million bushels to 1,266 million with increases in Hard Red Winter and White Winter more than offsetting small decrease for Soft Red Winter. Total 2020/21 wheat production is now forecast at 1,877 million bushels,
and total supplies are raised 16 million to 3,000 million. Domestic use and exports for the new marketing year are unchanged this month, and ending stocks are raised 16 million bushels to 925 million, which is a 6-year low.

LIVESTOCK, POULTRY, AND DAIRY: The forecast for 2020 red meat and poultry production is raised from last month as higher forecast beef, pork, and broiler production
more than offsets lower turkey production. The increase in beef and pork production largely reflects a faster-than-anticipated recovery in the pace of slaughter. The broiler production forecast is raised as broiler hatchery data points towards higher expected production in the second half of the year. Turkey production is lowered slightly on recent production data and a slower expected growth in expansion. Egg production is lowered from the previous month. The 2021 red meat and poultry production forecast is raised from the previous month. The beef production forecast is raised on higher expected cattle placements in the second half of 2020 which will be marketed in 2021. Pork production is unchanged from last month. The
Quarterly Hogs and Pigs report will be released on June 25 and provide an indication of producers' farrowing intentions for the second half of 2020; these are hogs which will likely
be marketed in first-half 2021.


Sponsor Spotlight

 
Dating back to 1891, Stillwater Milling Company has been supplying ranchers with the highest quality feeds made from the highest quality ingredients. Their full line of A & M Feeds can be delivered direct to your farm, found at their Agri-Center stores in Stillwater, Davis, Claremore and Perry or at more than 125 dealers in Oklahoma, Arkansas, Kansas and Texas. We appreciate Stillwater Milling Company'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.



Oklahoma State University Extension Grains Market Analyst Dr. Kim Anderson talks about what is going on in the Wheat Markets weekly on SUNUP.

Combines are rolling across the state and the grain is coming into the bins. Dr. Anderson says he is hearing that the test weights are really good. He says they are talking about an average test weight of 61 pounds and maybe a little bit higher, but protein has been lacking in some areas. The reports that are coming in show 8% protein to 15% protein.

Dr. Anderson said if you get to below 11% protein, you see an 18 cent discount, and anything above a 13% is a 45 cent premium, "So there's some good premiums out there for that good protein wheat." Click or tap below to hear more Comments on the wheat harvest from Dr. Anderson.



The second half of 2020 holds good prospects for continued growth in U.S. meat exports as the world continues to recover from the pandemic, said Dan Halstrom, president and CEO of the U.S. Meat Export Federation. He recently spoke via Zoom with Radio Oklahoma Agriculture Network Associate Farm Director and Editor KC Sheperd.

"I think we're well positioned for growth," Halstrom said. "As the world begins to wake up from the covid slumber, it will come back with some vigor."

Halstrom said we're already seeing it in many of our markets.

In the case of Hong Kong, Halstrom said we're almost back to normal according to a report from the team there.

The USMEF official said demand for U.S. meat remains strong.


The American Farm Bureau Federation is calling on lawmakers to provide critical resources to farmers impacted by the COVID-19 shockwave to the food system and to rural communities grappling with the pandemic's impacts. Many struggling farmers were left out of initial federal aid, and some who received assistance are still being hurt with COVID-19 losses. As additional coronavirus relief is considered, Farm Bureau President Zippy Duvall sent a letter to congressional leaders outlining the need.

The USDA's most recent World Agricultural Supply and Demand Estimates suggest the decline in commodity value for 2019, 2020 and 2021 production adds up to almost $60 billion. This does not include all of agriculture's losses, which would be billions more.

"The economic losses across the U.S. agriculture sector are broad?based, directly impacting farmers and ranchers and their supply chain partners - from input providers to end users," Duvall wrote. "Producers have witnessed their markets shrink overnight or even disappear, while supply chains have been stretched to the limit in response to the pandemic. The widespread closures at the retail level are impacting consumer demand and purchasing patterns in ways that the industry has never experienced."

Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance, Oklahoma Farm Bureau, Oklahoma Ag Mediation Program, Great Plains Kubota, Stillwater Milling Company, Oklahoma Cotton CouncilNational Livestock Credit CorporationOklahoma Beef Council, Oklahoma AgCredit, the Oklahoma Cattlemens Association 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!


We also appreciate our Market Links Sponsor - OKC West Livestock! 
 
 
We invite you to check out our website at the link below too that includes an archive of these daily emails, audio reports and top farm news story links from around the globe.   
 

 
God Bless! You can reach us at the following:  
 
phone: 405-473-6144
 

 



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