~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Monday October 11, 2010
A
service of Producers Cooperative Oil Mill, Midwest Farm Shows and Big Iron
OnLine Auctions!
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-- Grand Champion Steer Commands $38,000 at the 2010 Tulsa State Fair
Premium Sale of Top Market Animals
-- Strong Move Up Friday on Grains Based on Shock of USDA Crop
Production Numbers
-- Cotton, Canola and More Details in Oklahoma Numbers Within the US
Crop Production Data
-- Agricultural pesticide disposal offered in Woods, Jackson, Kay and
Wagoner counties
-- Doud Details Beef Export Prospects in Pacific Rim
-- Store Brand Meat Products On the Rise
-- Star Lake Ranch Has Videos of Their Auction Lots Up on the
Internet
-- Let's Check the Markets!
Howdy Neighbors! Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are proud to welcome Big Iron Unreserved Online Auctions as our newest sponsor of the daily Email. Their next auction is Wednesday, October 13 - featuring Low Hour, Farmer Owned Equipment. Click here for their website to learn more about their Online Farm Equipment Auctions. We are also excited to have as one of our sponsors for the daily email
Producers Cooperative Oil Mill, with 64 years of progress through
producer ownership. Call Brandon Winters at 405-232-7555 for more
information on the oilseed crops they handle, including sunflowers and
canola- and remember they post closing market prices for canola and
sunflowers on the PCOM
website- go there by clicking here. If you have received this by someone forwarding it to you, you are welcome to subscribe and get this weekday update sent to you directly by clicking here. | |
Grand Champion Steer Commands $38,000 at the 2010 Tulsa State Fair Premium Sale of Top Market Animals ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Premium
Auction at the 2010 Tulsa State Fair saw the Grand Champion Market Steer
sell for $3000 more than a year ago, while the top barrow, market lamb and
broiler pen received slightly lower bids than in 2009. The Grand Champion
Meat Goat, like the Grand Champion Steer, also went for more money
compared to the prices paid at the 2009 Premium sale of the Tulsa State
Fair.
The Grand Champion Market Steer- shown by Logan Davis of Newscastle FFA, had the gavel banged after bidders had pushed the 2010 Champion to $38,000. Long time supporter of the Tulsa Sale, L.C. Neel, paid $38,000 for the Steer and indicated in the show ring after the auction that he believed that he had bought the Grand Champion Steer 31 different times over the years. The first Tulsa State Fair Premium Auction was conducted back in 1973. The top steer a year ago was not purchased by Mr. Neel- and it brought $35,000. The Grand Champion Market Hog did not bring as much money for his owner- as Carli Newby of Lindsay FFA, a Freshman in High School, saw a group of buyers pay $12,500 for her animal- compared to the $14,000 paid in 2009. The group buying Carli's pig included the Choctaw Nation, Oklahoma Pork Council, Oklahoma Farm Bureau, Overhead Door and the Tulsa Ringmasters. The Grand Champion Market Lamb was shown by veteran show ring winner
Cooper Newcomb of Merritt FFA- the 2010 Grand Champion was purchased by
the Bank of Western Oklahoma for a total of $12,000. The 2009 Grand
Champion barrow sold for $13,000. | |
Strong Move Up Friday on Grains Based on Shock of USDA Crop Production Numbers ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Despite a warm
growing season that featured wet and dry conditions across various parts
of the nation - USDA is sticking to its forecast of a record-high U.S.
soybean crop. But the U. S. corn crop is forecast to be down. The forecast
for the U.S. cotton crop is for higher production this year. The lower
than anticipated corn crop number caused a shock that continues to
reverberate around the world, as corn, soybeans and wheat all traded limit
higher on Friday. In the case of corn, that was thirty cents up Friday-
limits are expanded for today's trade and overnight electronic trade is 45
cents per bushel higher.
In its Crop Production Report, USDA forecast soybean production at 3.41
billion bushels, up 1 percent from the previous record, set in 2009.
Soybean yield is expected to average 44.4 bushels per acre. Soybean
growers are expected to harvest a record-high 76.8 million acres.
Meanwhile, corn production is forecast at 12.7 billion bushels, down 3.4
percent from last year's record. Based on October 1 conditions, corn yield
are expected to average 155.8 bushels per acre. Growers are expected to
harvest 81.3 million acres. The National Corn Growers Association and Growth Energy were both quick
to confirm there will be enough corn to meet all demands for food, feed,
fuel and exports during the coming year. NCGA expects the harvest of 12.7
billion bushels to provide a surplus, or ending stocks, of nearly
one-billion bushels. | |
Cotton, Canola and More Details in Oklahoma Numbers Within the US Crop Production Data ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Production
prospects increased for sorghum, cotton, and soybeans during the past
month while the production of corn is down from the September 1 forecast,
according to the Oklahoma Field Office of USDA-NASS. The state's first
pecan forecast of the year was set at 22.0 million pounds.
In fact, that pecan number is one of three numbers that were especially
impressive. two years ago, our pecan trees produced just 5 million pounds-
in 2009- that leapfrogged to 13.5 million pounds and now USDA is thinking
another big jump to 22 pounds. Also impressive was the continued rise of the Oklahoma Cotton Industry. Cotton production is forecast at 455,000 480-pound bales, up 1 percent from last month and 43 percent above 2009. An average yield of 824 pounds is expected from 265,000 harvested acres. That total production figure means Oklahoma is raising more cotton this year than Louisiana. | |
Agricultural pesticide disposal offered in Woods, Jackson, Kay and Wagoner counties ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Oklahoma
homeowners, agricultural producers, greenhouse and nursery operators,
certified applicators and pesticide dealers can get rid of unwanted
pesticides at three locations in November. Collection times are 8 a.m. to 1 p.m. at all locations: Nov. 9 at Alva Farmers COOP in Alva, Nov. 11 at Farmers Union COOP in Altus, Nov. 16 at Kay County Fairgrounds in Blackwell and Nov. 18 at Helena Chemical South of Coweta The collections will take only pesticides; no other types of hazardous
waste such as oil, paint or antifreeze will be accepted. All pesticides
will be taken, no matter the size. "No questions will be asked of
participants," said Charles Luper, Oklahoma Cooperative Extension Service
associate with the Oklahoma State University Pesticide Safety Education
Program. The program is funded by the Oklahoma Department of Agriculture, Food and Forestry, with additional support from the Oklahoma Agribusiness Retailers Association and the OSU Division of Agricultural Sciences and Natural Resources. | |
Doud Details Beef Export Prospects in Pacific Rim ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Whenever we
spend a few minutes in a conversation with Gregg Doud, Chief Economist of
the National Cattlemen's Beef Association, it seems like the conversation
will always wind its way around to Japan and our inability to get any
additional opening of that market to US Beef coming from animals older
than 21 months of age.
The interesting thing about this time around- Doud says that the groundwork has finally been laid in place in Japan to get some stability at the Ag Ministry in that country, which will help the ability of the US Government to have someone to actually dialogue with. Every time we have had discussions with an official with the Japanese government on this subject- and some promises are made to begin a process to get this looked at- another head rolls and another Ag Minister is gone- and with it, the promises that were made to US negotiators. Click on the LINK below to hear our recent conversation with Gregg about staying tuned in to the beef export market opportunities found in Asia here in the last quarter of 2010 and beyond. Click here for the latest Beef Buzz with Gregg Doud of NCBA- talking Pacific Rim Prospects. | |
Store Brand Meat Products On the Rise ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The 2010
National Meat Case Study (NMCS) Shows A Dramatic Increase In Store Brand
Meat Products and continued growth in the use of nutrition
labeling.The percentage of packages in the fresh meat case carrying a store brand has tripled since 2004 (the first year this data was collected). Store brands increased from 12% in 2004 to 23% in 2007 to 36% in 2010. Store-branded beef products increased from 31% to 51%. Store branding of ground beef increased from 21% to 37%. This year's audit also showed the number of packages in the fresh meat case with on-pack nutrition labeling is maintaining a gradual expansion. From 2007 to 2010, the number of packages with on-pack nutrition labeling increased four percentage points from 57% to 61%. When looking specifically at beef, the number of packages with on-pack nutrition labels in place increased five percentage points from 24% in 2007 to 29% in 2010. Ground beef also increased four percentage points from 77% in 2007 to 81% in 2010. NMCS is an extensive audit of the nation's retail meat cases. For the 2010 research, surveyors audited 124 retail supermarkets and nine club stores in 51 metro markets across 31 states at various times of the day and days of the week. The survey was conducted in the first quarter of this year as a joint project of the Beef Checkoff Program, the National Pork Board and Sealed Air's Cryovac Food Packaging. Texas Tech University was a key contributor to the research effort. | |
Star Lake Ranch Has Videos of Their Auction Lots Up on the Internet ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ This coming
Sunday, it's two sales in one day planned by the great folks at Star Lake
Ranch in Skiatook. The Fall Sale is where they feature the best of their
calf crop. The Heifer calves are those that can hit the show ring and then
come home and deliver the goods with their performance pedigree. The bull
calves will be the basis of their Denver carload entry. The Ranch Ready
bulls are 18 to 20 months and ready to go to work. They have been tested,
scanned and measured to provide the next level of Star Lake 21st Century
Hereford Genetics.
Videos of the cattle to be sold this weekend are now up on the internet. You can use the link right here to get tot eh listing of the videos or use the link at the bottom of the story to select either a catalog or the videos. The quality of the videos are great. For example, click here for Lot 20- one of the great buys they are selling a partial interest in. From the sale catalog- Montie Soules and the Star Lake team speak of the kind of cattle they are committed to producing- "This year's sale evolves from the 30 plus years of selecting, mating and breeding Herefords. The cow families are intermingled with power cows throughout. We have used more pictures of family members, letting them illustrate the depth and quality of their genetic heritage. The strength of these families comes from years of discipline - selecting critically and culling hard - to achieve superior proven Hereford genetics. This sale is stacked with those results." | |
Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, American Farmers & Ranchers, KIS Futures and Big Iron Online Auctions 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- FREE! We also invite you to check out our website at the link below to check out an archive of these daily emails, audio reports and top farm news story links from around the globe. | |
Let's Check the Markets! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ We've had
requests to include Canola prices for your convenience here- and we will
be doing so on a regular basis. Current cash price for Canola is $8.80 per
bushel- as of the close of trade on Thursday, while the 2011 New Crop
contracts for Canola are now available are $9.50 per bushel- delivered to
local participating elevators that are working with PCOM.
Here are some links we will leave in place on an ongoing basis- Click
on the name of the report to go to that link: | |
God Bless! You can reach us at the following: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
email: ron@oklahomafarmreport.com
phone: 405-473-6144
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