From:                              Ron Hays <ron@oklahomafarmreport.ccsend.com> on behalf of Ron Hays <ronphays@cox.net>

Sent:                               Monday, June 06, 2016 6:27 AM

To:                                   Pam Arterburn

Subject:                          Oklahoma's Farm News Update

 

 

 

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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 futuresclick 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 for Friday 6/3/16.

 

  

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.

 

 

 

 

Our Oklahoma Farm Report Team!!!!

 

Ron Hays, Senior Editor and Writer

 

Pam Arterburn, Calendar and Template Manager

 

Dave Lanning, Markets and Production

 

Macey Mueller, Web and 

E-mail Editor

Oklahoma's Latest Farm and Ranch News


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Your Update from Ron Hays of RON

   Monday, June 6, 2016

 

 

Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 

WheatHarvestFeatured Story:

Gentlemen, Start Your Combines....Sunshine and 80s and 90s Arrive  

 

The rains in the latter part of last week were substantial in many parts of the HRW southern plains wheat belt- and for many farmers, it is taking some time to get past the mud to allow combines to either resume or to start.

The weather needed for that to happen has arrived. There was abundant sunshine and temperatures were in the 80s on Sunday- Altus and Hollis both touched 90 at their respective Mesonet sites- and the nine day forecast shows the next chance for rain in central and much of western Oklahoma is next Monday- Jed Castles with News9 offers this summer like outlook:



Wheat and Canola Producers- send us your harvest updates and pictures- we will share with our email family- or if you prefer to remain "in the shadows" just give us details- and we will not mention names to honor your wishes.

Email me by clicking here with your harvest 2016 story.



 

 



Sponsor Spotlight

 

 

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CanolaCanola Price Premium Over Wheat Helps Fuel Grower Optimism at Harvest 2016

 

Ron Sholar is the executive Director of the Great Plains Canola Association and he has provided the following update on the efforts to harvest the 2016 winter canola crop in Oklahoma - supplied to the Oklahoma Farm Report on Friday evening, 

June 3rd:


"April and May rains and favorable weather for maturing the canola crop generated a good deal of optimism for growers this year. But then, much like last year, the rains continued and continued bringing stress for growers waiting to get going on a crop ripe and ready for harvest.


"A midweek excursion through Oklahoma canola country revealed little crop harvesting progress had been made in the last week. During the weekend of May 28 and 29, some canola that had been swathed for a while was finally picked up but more rain on Monday and Tuesday had once again ground things to a halt. On Wednesday, seeing canola being harvested anywhere in the state was a rare sight.


"The grain elevator at Hillsdale, OK reports that as of June 1st they have received 15 loads of canola but this is one of the few sites that has actually received any canola at all.


"On Wednesday, Jeff Scott of Pond Creek was taking advantage of a small but important window of opportunity by combining some canola that had been in the windrow for about 10 days. He and his crew were running full bore with three combines, two grain carts, and five trucks in perpetual motion...threshing, transferring, and hauling grain to the elevator. But as night fall neared, rain saturated clouds and lightning flashes to the south threatened to shut everything down. Yields were running between 45 and 50 bushels per acre and fields with even more promise were waiting their turn.


"Much of western Oklahoma received rain on Wednesday night and Thursday morning and now even more drying out will be needed to get the combines into the fields and keep them rolling. All that's needed is some favorable harvesting weather and this crop will come out of the field in a very short period of time.

 

 

OCAIn the Midst of Budget Turmoil- Oklahoma Cattlemen Find Lots to Like About 2016 Legislative Session

 

The Oklahoma Cattlemen's Association (OCA) prides itself in being the only organization that is solely focused on beef cattle production at the Oklahoma State Legislature.


"Having a voice at the capitol is a key benefit to members, like me," said Charlie Swanson, President of the OCA. "OCA members had two lobbyists working their behalf during the entire 55th Oklahoma State Legislature, so that we as cattlemen can remain focused on producing beef."


While the budget was the main topic of the second session, there were many other issues addressed.


"While this session was tough, OCA experienced many successes in the eight areas listed below," Swanson said.


- Agriculture Sales Tax Exemption-By working closely with agriculture allies, the OCA worked to preserve the Agriculture Sales Tax Exemption and defended a serious proposal to eliminate the sales tax exemption for equine sales. Also, early in the session, a list was circulated to legislators suggesting that eliminating the sales tax exemption of livestock purchased out of state could be a source of revenue. OCA worked quickly to offset these bad ideas and remained vigilant against their resurrection later in the session.


- Cattle Theft Penalty-This bill (HB 2540) codifies that each animal stolen may be a separate felony offense, thus giving the courts more latitude to charge cattle rustlers. It also established the fine portion of the penalty to be three times the value of the cattle stolen. We appreciate Representative John Pfeiffer and Senator Ron Justice for carrying this priority legislation for the OCA.


- Water is Compelling State Interest-Working closely with the American Farmers and Ranchers, the Oklahoma Pork Council, Oklahoma Co-op Association and the Oklahoma Grain and Feed Association, HB 2446 was passed and places in state law that water is a compelling state interest. OCA has long agreed that water quality is a compelling state interest and that the Legislature has the authority to govern in this issue. Oklahoma's Right to Farm - SQ 777 - opponents have used water quality to deceive voters by stating that if Right to Farm is passed, Oklahoma's waters would suffer at the hands of agriculture. Opponents will now have to come up with another talking point to manipulate voters. We appreciate Representative Terry O'Donnell and Senator Dan Newberry for their work on this bill.


- Prescribed Fire Burning-OCA championed HB 2646 as an important piece of legislation because it allows landowners to use prescribed fire during a County Commissioner issued burn ban provided they communicate their prescribed fire plan to firefighters. The bill also lowers the County Commissioner issued burn ban from 30 days to 14 days. The bill is currently in the Governor's office waiting her signature. We appreciate Representative Kevin Wallace and Senator Don Barrington for carrying this priority legislation for the OCA.

 

 

 

USMEFUSMEF Says Red Meat Exports Deliver Excellent Returns for U.S. Corn Producers

 

The U.S. Meat Export Federation (USMEF) commissioned a study aimed at quantifying the value delivered to U.S. corn producers through exports of beef, pork and lamb. The independent study was conducted by World Perspectives, a leading agricultural consulting firm. Key findings were unveiled at the USMEF Board of Directors Meeting and Product Showcase, held May 25-27 in St. Louis.

"USMEF receives outstanding support from the feedgrain and oilseed industries, because producers from these sectors understand the importance of a healthy U.S. livestock industry to their bottom line," said Philip Seng, USMEF President and CEO. "But it is important that we provide specific data on the return these producers receive from their investment in red meat exports, and this study includes exactly that type of information."

Findings from the study include:

* On a per-head basis, 800-pound calves fed to 1,360 pounds each consume 35 bushels of corn and 806 pounds of distiller's dried grains with solubles (DDGS).

* Each 12-pound pig finished to 284 pounds consumes 11 bushels of corn, 37 pounds of DDGS and 136 pounds of soybean meal.

* World Perspectives analyzed feed rations and U.S. livestock production practices to establish feed use and then used beef and pork export data to determine the amount of consumption attributable to red meat exports, finding that 2015 exports accounted for:

- 355 million bushels (or 2.1 million acres) of corn

- $1.3 billion in value to corn

- 1.48 million tons of DDGS (169 million bushel equivalent)

- $205.4 million in value to DDGS

- 11.7 million tons (or 3.1 million acres) of combined corn and DDGS fed

"When you look at 2015, it was not a great year for U.S. meat exports, and yet beef and pork exports from the U.S. still brought $1.3 billion to the corn sector," explained Dave Juday, World Perspectives senior analyst. "Looking back at last year, if there were no red meat exports at all and that corn was added to carryover stocks, instead of a season average annual price of $3.60 per bushel, the price would have been about $3.15 per bushel without the contribution from meat exports. That's a loss of 45 cents per bushel, which would have amounted to about $6 billion to the corn industry last year."

 

 

Click here to read more about red meat exports' positive impact on the corn sector and find a link to a video 

explaining the study.

 

 

Sponsor Spotlight

 

Midwest Farm Shows is our longest running sponsor of the daily email- and they say thanks to all of you who participated in their 2016 Oklahoma City Farm Show.  


 

Up next will be the Tulsa Farm Show in December 2016- the dates are December 8th, 9th and 10th.  Now is the ideal time to contact Ron Bormaster at 507-437-7969 and book space at the 2016 Tulsa Farm Show.  To learn more about the Tulsa Farm Show, click here.  

 

 

USDAUSDA Expands Access to Capital for Rural Businesses

 

USDA Rural Business-Cooperative Service Administrator Sam Rikkers unveiled new rules Friday to expand access to capital for rural businesses.


"Access to capital is one of the most important needs for businesses," Rikkers said. "USDA is partnering with the Treasury Department and other agencies to ensure that rural businesses have the resources they need to prosper and grow. The regulatory changes I am announcing today will help businesses expand their operations and create jobs."



The changes, published in today's Federal Register, make it easier for rural businesses to qualify for loans in USDA's Business & Industry (B&I) Guaranteed Loan Program.



They allow businesses to use the New Markets Tax Credit as a form of equity, and allow, for the first time, employees of a business to qualify for loan guarantees to purchase stock in a business by forming an Employee Stock Ownership Plan or worker cooperative.



Other improvements include:

* New, loan application scoring criteria, including priority for loans to businesses that will create quality jobs, such as those with health care benefits; 

* Reduced paperwork requirements to refinance loans; 

* Strengthened eligibility criteria for non-regulated lenders (such as privately owned finance companies) to participate in the B&I program; 

* Expanded loan eligibility, including in urban areas, for projects that process, distribute, aggregate, store and/or market locally or regionally produced foods. 

 

 

Click here to read more about the capital expansion and to find helpful links to the B&I Guaranteed Loan Program.

 

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.

 

BeefBuzzPart Three on Antibiotics of Tomorrow - Dr. Margaret Riley of UMASS-Amherst Explains Her Passion 

 

In part three of a three part Beef Buzz series with Dr. Margaret Riley of the University of Massachusetts-Amherst, we continue to look at antibiotic resistance and what is needed to get companies to invest in narrow spectrum antibiotics, which she believes is the future in dealing with antibiotic resistance.


Dr. Riley says in the latest Beef Buzz that it is important we pursue narrow spectrum solutions for the specific pathogens that are causing us problems in both animal ag and in human health.

 

 

"That's my passion- that's why I spend time away from the lab is to make sure that people understand not just that there is a problem, which there is and it's serious, but that there are potential solutions on the horizon if we're smart enough to recognize them." 

 

 

She adds that will take money as this research is costly and the resulting products may not be as big a money earner as the next drug to fight diabetes or something similar.

 

 

Our three part series with Dr. Riley is a "best of" repeat from earlier this spring as we help you re-examine the work being done by this cutting edge scientist in antibiotic resistance. 

 

 

Click here

to listen to Dr. Margaret Riley talk more about narrow spectrum antibiotics.  We also have links back to part one and part two in today's Beef Buzz that we are featuring.  

 

CorporateFarmsToday's Boogeyman- Corporate Farms 

 

Since I began talking about farming and ranching on the radio in the 1970s- the landscape has changed- farms and ranches have changed hands and in a lot of cases- farm operations have gotten larger- economics have dictated that for those that have wanted to be full time farmers or ranchers.  

 

I have lived thru the bean suppers of the Farm Strike Movement and the AAM and the Farm Tractors being driven to Washington- and the years that followed a lot of that that saw a real farm credit crisis with too many suicides and lots of farm auctions.    

 

Many of those who I know today that survived or have come on the scene since that time are family farmers- in other words- they work the farm or ranch as a family- it may be father and sons or daughters or son-in-laws or brothers or even cousins- but they remain as a family enterprise.   

 

Many of those who are a family enterprise have been advised to become a LLC or other legal unit to protect their families and their individual finances- I guess that makes them a corporation.  

 

But there are those outside looking in at today's modern production agriculture who are saying that corporate farming is bad.  Many of them are actively opposing State Question 777.   

 

Now- there are large enterprises who are good at what they do in producing food or fiber and they may span several townships or counties or in some rare cases states. One that comes to mind are the Maschoffs, who are based in Illinois and have sow farm operations in multiple states- including Oklahoma- they are a corporation- but remain a family operation.  They were in the news last week over a video that surfaced that showed inhumane practices in one of their Nebraska operations.  The family response was fast and it was tough.  They fired the manager of the sow farm in question- are reviewing other operations in their business and reiterated their intention of no tolerance for bad treatment of their animals.  

 

This family has gotten bigger in the pork side of things which has been a national trend- but in crop production and in the ranching side of the beef industry- family enterprises are more of a localized entity.

 

One of our family farm friends shared a video that I wanted to end with today that looks at Corporate Farms thru the windshield of a pickup truck.  It's a bit tongue in check but it gets across the point about corporate farms and the reality of family farms still being dominant.

 

Corporate Farms

Corporate Farms

Enjoy!

 

 

 

Our thanks to Midwest Farms Shows, P & K Equipment,  American Farmers & Ranchers, Stillwater Milling Company, Oklahoma AgCreditthe Oklahoma Cattlemens Association, Pioneer Cellular, 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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