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:
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 or tap here for the report posted yesterday afternoon around 3:30 PM.
Okla Cash Grain:
Futures Wrap:
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
Our Oklahoma Farm Report Team!!!!
Ron Hays, Senior Farm Director and Editor
Carson Horn, Associate Farm Director and Editor Pam Arterburn, Calendar and Template Manager Dave Lanning, Markets and Production Macey Mueller, E-mail and Web Writer
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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Wednesday, December 7, 2016
We remember 75 Years Ago Today- Japanese Attack Pearl Harbor and it Becomes a Day That Lives in Infamy!
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update.
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 Featured Story:Oklahoma Senate Pro Tem-Designate Mike Schulz Announces Committee Chair, Vice Chair Appointments
Senate President Pro Tempore-Designate Mike Schulz on Tuesday announced his appointments of chairs and vice-chairs of Senate standing committees and appropriations subcommittees for the 56th Legislature."The men and women who will serve as chair and vice chair for Senate committees and appropriations subcommittees have extraordinary talent, and a deep commitment to serving Oklahoma and its people. Like all Senate Republicans, the committee chairs and vice chairs will work on policies that will help foster economic growth and job creation long-term, helping the great state of Oklahoma right now and years down the road," said Schulz, R-Altus.
Two assignments that are of importance for agriculture- Larry Boggs of Wilburton has been named as the Chairman of the Agriculture and Wildlife Committee- and Josh Brecheen is the Vice Chair- both coming out of Little Dixie.
Former Senate Ag Committee Chair Eddie Fields has been named the Vice Chair of the Appropriations Committee and the Chair of the Appropriations Subcommittee for Natural Resources and Regulatory Services- Senator Fields has also been named the Chair of the Rules Committee.
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Sponsor Spotlight
P&K Equipment is Oklahoma's premier John Deere dealership. Whether it's residential, commercial, construction, or agricultural equipment, they've got it all- the inventory AND the resources to keep it running strong. Alongside the long-lasting John Deere brand, P&K shares a commitment to providing cutting edge solutions. P&K has ten locations in Oklahoma and nine in eastern Iowa; their mission is to create business relationships through honesty, courtesy, and a sense of urgency. They'll put their network, resources, and solutions to work for YOU. Visit P&K Equipment online... meet the experts and find out just why in Oklahoma John Deere starts with P&K.
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Crop Futures Rally Significantly Raises Producer Sentiment in Latest Ag Economy Barometer Reading
Agricultural producer sentiment about the industry's economy improved substantially in November, in part because of soybean and corn futures price rallies, according to the December 6 report of the Purdue/CME Group Ag Economy Barometer.The barometer, which is based on a monthly survey of 400 U.S. agricultural producers, jumped to 116-the highest reading since October 2015, and up 24 points from the October 2016 reading of 92.The shift was largely driven by the Index of Future Expectations, one of the barometer's components, which climbed to 130 in November, up from 95 in October. The Index of Current conditions increased only slightly, from 85 in October to 87 in November."Producer sentiment about the future climbed partly because of a significant rally in futures prices for corn and especially soybeans this fall," said Jim Mintert, barometer principal investigator and director of Purdue's Center for Commercial Agriculture. "The rally included not just nearby futures contracts, but extended to prices for both the 2017 and, to a lesser extent, 2018 harvests."
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Bad Year for Cattle Prices Ending on a High Note as Markets Begin to Rebound, But for How Long?
Cattle markets have had a rough time over the past several months throughout the summer into the fall. However, it looks as though they are starting to bounce back some in recent weeks, which Extension Livestock Market Economist Dr. Derrell Peel says is refreshing to see finally.Once we finally broke that bearish, fear-based market," Peel said, "we've had a very impressive run across the board."Almost surprised to hear himself say it, Peel happily reports that so far, the markets have been able to sustain this positive momentum. Given the unpredictable nature of the futures market though, he says looking into the long-term, we'll just have to wait and see how things play out. For now, though, Peel is content with where the market seems to be going as the years rounds out."I don't know that I expect to see the rally push a lot further. I think we've probably done about what we're going to do," Peel speculates, but adds, "I think we're very comfortable with the rebound we've got."Listen to Dr. Peel explain more of his thoughts on the rebounding cattle markets during the latest Beef Buzz.
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National Pork Board Reacts to Recent Isolated Discovery of Antibiotic-Resistant Gene Found in Hog
The National Pork Board reacted Tuesday to the recent research paper from the Ohio State University research study detailing the researchers' discovery of an antibiotic-resistant gene in one farrowing barn.
According to the National Pork Board, an important takeaway from the study is that the U.S. pork supply is safe. The resistant gene identified in the study was not found in a market hog, and there was no threat to food safety.
As experts in swine production, the Pork Checkoff is eager to analyze the initial findings, alongside its authors, and better understand results of this report from this farm. Specifically, resistant gene samples were found in one barn, on one site without any confirmed indication of how the resistant gene got there.
Ohio State University researchers acknowledge that it is unknown how the Carbapenem-Resistant Enterobacteriaceae (CRE) bacteria was introduced to the facility and that it could have been introduced by an outside source. The conclusions drawn without further validation, replication and research demonstrate this issue requires additional study.
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Sponsor Spotlight
Midwest Farm Shows invites you to join them Thursday, Friday and Saturday for the 2016 edition of the Tulsa Farm Show.
The doors will open all three mornings at 9:00 AM and admission and parking are free.
Click here for the Tulsa Farm Show website to search the interactive map of exhibitors to help plan your day.
While there, be sure and stop by and say Howdy to Yours Truly and Carson at this year's show- the Radio Oklahoma Ag Network Booth is once again just inside the south doors where the Big Tulsa Driller greets one and all.
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How Many Heifers Should You Be Holding Back This Year? Start Here When Making That Decision
Dr. Glenn Selk, Oklahoma State University Emeritus Extension Animal Scientist, offers herd health advice as part of the weekly series known as the "Cow Calf Corner" published electronically by Dr. Derrell Peel and Dr. Selk. This week, Dr. Selk prompts producers with some useful information as a starting place for determining the number of heifers needed for replacements this year.
"Each year commercial cow/calf operations must decide how many replacement heifers are grown out to be put in the breeding pasture. Individual ranches must make the decisions about heifer retention based upon factors that directly affect their bottom-line. Stocking rates may have changed over time due to increases in cow size. Droughts have reduced pasture condition in many areas of the Southwest.
"Matching the number of cattle to the grass and feed resources on the ranch is a constant challenge for any cow-calf producer. Also producers strive to maintain cow numbers to match their marketing plans for the long term changes in the cattle cycle. Therefore it is a constant struggle to evaluate the number of replacement heifers that must be developed or purchased to bring into the herd each year. As a starting place in the effort to answer this question, it is important to look at the "average" cow herd to understand how many cows are in each age category. Dr. Kris Ringwall, director of the Dickinson, North Dakota Research and Extension Center reported on the average number of cows in their research herd by age group for a period of over 20 years. The following graph depicts the "average" percent of cows in this herd by age group.
Click here to continue reading Dr. Selk's advice on planning for replacement heifers.
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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.
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Commodity Classic Registration and Housing Opens This Morning at 10 AM!!!
Registration and housing for the 2017 Commodity Classic, March 2-4 in San Antonio, Tex., will officially open at 10 a.m. Central Time this morning, Wednesday, December 7.
The 2017 Commodity Classic will be held at the Henry B. Gonzalez Convention Center. The convention center will house all Commodity Classic events, including the Welcome Reception, General Session, Evening of Entertainment, Trade Show, Learning Center Sessions and What's New Sessions.
Established in 1996, Commodity Classic is America's largest farmer-led, farmer-focused convention and trade show, produced by the National Corn Growers Association, American Soybean Association, National Association of Wheat Growers, National Sorghum Producers and Association of Equipment Manufacturers.
Experient is the official registration and housing provider for Commodity Classic. In order to stay at an official Commodity Classic hotel, reservations must be made only through Experient to ensure favorable rates, reasonable terms and confirmed hotel rooms. Click here for a link to the registration website.
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Oklahoma Cattlemen's Foundation Invests in Ranching Youth Through Educational Scholarship Offer
The Oklahoma Cattlemen's Foundation (OCF) is offering a $500 educational scholarship. The deadline to apply is Jan. 16, 2017.
"The Oklahoma Cattlemen's Foundation is dedicated to preserving the heritage of the West and the viability of Oklahoma's beef cattle industry through research and education," said Jeff Jaronek, OCF Coordinator. "What better way to preserve our industry than to invest in young people that display a sincere interest in cattle and Oklahoma ranching."
Applicants must have family that is involved in the Oklahoma beef cattle industry and be pursuing a degree related to the beef industry. The scholarship is offered to those who are enrolled in any Oklahoma college or university. All applicants must be a current student at an Oklahoma college or university with definite plans to continue in the fall.
All applications must be postmarked by January 16, 2016. The scholarship will be presented during lunch at the Oklahoma Cattlemen's Foundation Educational Seminar on Thursday, February 9, 2017.
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God Bless! You can reach us at the following:
phone: 405-473-6144
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