From: Ron Hays [ron@oklahomafarmreport.ccsend.com] on behalf of Ron Hays [ronphays@cox.net]
Sent: Tuesday, November 01, 2011 6:37 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update


 
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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.

 

 

Let's Check the Markets! 

 

 

Today's First Look:  

Ron on RON Markets as heard on K101  

mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.

 

Okla Cash Grain:  

Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture.

 

Canola Prices:  

Current cash price for Canola is $11.60 per bushel-

2012 New Crop contracts for Canola are now available at $11.76 per bushel- delivered to local participating elevators that are working with PCOM.

 

Futures Wrap:  

Our Daily Market Wrapup from the Radio Oklahoma Network with Ed Richards and Tom Leffler- analyzing the Futures Markets from the previous Day.

 

KCBT Recap: 

Previous Day's Wheat Market Recap- Two Pager from the Kansas City Board of Trade looks at all three U.S. Wheat Futures Exchanges with extra info on Hard Red Winter Wheat and the why of that day's market. 

 

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.

 

Oklahoma's Latest Farm and Ranch News
 
Your Update from Ron Hays of RON
   Tuesday, November 1, 2011
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
-- Agreement on Commodity Title Remains Key Sticking Point in Hurry Up Farm Bill Negotiations

 

-- GOP Rural Lawmakers Talking Fugitive Dust and Other Harmful Regs

-- Oklahoma Crop Weather Update - Wheat and Canola in Fair Condition

-- Oklahoma Cattle Producers Prepare for Another Dry Winter

-- Beef Industry in 2012 Holds Both Opportunities and Challenges

-- Beef Buzzing this Week- talking Drought and GIPSA   

-- We Got Pictures of Wheat and Cotton! AND No-Till Seminar Deadline Today
Featured Story:
Agreement on Commodity Title Remains Key Sticking Point in Hurry Up Farm Bill Negotiations 

 

The clock continues to tick on the 2012 Farm Bill Process as four key Ag Committee leaders and their staffs are trying to pull together a Commodity Title to liking of all four lawmakers. House Ag Committee Chairman Frank Lucas and Ranking Minority Member Pat Roberts of the Senate Ag Committee were both in Amarillo, Texas Monday morning, speaking to the 2011 Convention of the Texas Cattle Feeders Association. After they spoke at the opening general session- they bolted for the airport and a flight back to Washington. Lucas and Roberts are two of the four key lawmakers who are trying to assemble a complete Farm Bill proposal to offer up to the so called Super Committee- the body that is trying to develop a $1.2 trillion plan to attack the current Federal Government deficit.

 
We talked with Congressman Lucas just before the start of the morning session- he tells us that while time is short- one of the Super Committee members have told him that they have not yet gotten to agriculture in their deficit reduction efforts.

He adds that the sticking point is the Commodity Title- and that the challenge he sees is to develop a safety net- minus the Direct Payment- that will be fair and equitable to all commodities and all regions of the country.
 

Sponsor Spotlight

 

We are 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. 

 

And we salute our longest running email sponsor- Midwest Farm Shows, producer of the springtime Southern Plains Farm Show as well as the Tulsa Farm Show held each December- the dates here in 2011 are December 8th through the 10th. Click here for the Midwest Farm Show main website to learn more about their lineup of shows around the country! 

Lucas and Senator Roberts Also Talk Fugitive Dust and Other Harmful Regs

 

After the presentation by first Senator Pat Roberts and then Congressman Lucas at the TCFA meeting on Monday morning in Amarillo- the cattle feeder audience was invited to serve up some questions for the lawmakers. 

 

While they both spent some time addressing the development of the 2012 Farm Bill in an effort to attach it to the Select Committee on Deficit Reducation's body of work that will face an up or down vote in Congress later this year with no debate- the audience of cattle feeders were clearly more interested in regulations that impact farmers and ranchers. Among the regulations that both lawmakers addressed was the GIPSA rule on marketing of livestock, Rural Dust, the definition of Navigable waters, COOL, Animal ID and more.

 

Click here for our story that has the explanation by Senator Roberts about Fugitive Dust- truly vintage Pat Roberts. 

Oklahoma Crop Weather Update -
Wheat and Canola in Fair Condition

 

In the latest Crop Weather Update, the focus was on our fall seeded crops- "Several rains during the past month have benefited the wheat, rye and canola planted, although emergence has been behind normal due to the late planting. The condition of wheat and rye was rated mostly good to fair and canola was rated mostly fair. Additional rainfall is needed to replenish the huge deficit of subsoil moisture, as the state was still in a severe to exceptional drought as of the October 25th Drought Monitor.  

   

For our fall-planted crops- "Planting of most small grains and canola were winding down this past week. The condition of wheat, rye and canola already emerged was rated mostly good to fair. Wheat planting reached 90 percent complete, up 8 points from the previous week and 68 percent was emerged. Canola planting was virtually complete by Sunday and 87 percent of canola had emerged.  

 

The harvest of row crops continued, with most crops behind the five-year average. Corn harvest was virtually complete by Sunday. Sorghum coloring was 93 percent complete by the end of the week. Seventy-seven percent of sorghum had matured, and 37 percent was harvested by Sunday, 11 points behind normal. Soybeans mature reached 70 percent complete by week's end, and 37 percent of soybeans had been harvested, 10 points behind normal. Eighty-nine percent of peanuts had matured by Sunday and 68 percent were dug. Almost half of the peanuts had been combined by week's end, nine points behind the five-year average. Cotton plants opening bolls reached 92 percent complete and 27 percent of cotton had been harvested by week's end."

 

Short hay supplies continued to be a major concern for producers while little hay was cut this past week. Third cuttings of alfalfa were 71 percent complete, and 17 percent of the state had completed a fourth cutting, compared to a five-year average of 100 percent. A second cutting of other hay was 57 percent complete by Sunday, 29 points behind normal.

Click here for the complete Crop Weather Update as of Monday, October 31, 2011.

Oklahoma Cattle Producers Prepare for Another Dry Winter 

 

The last 30 days has brought significant rainfall to parts of Oklahoma. Much of the central and south central parts of the state have received very timely rains with respect to wheat production. Winter wheat planting is about on track compared to normal at this time of the year. Some was dry planted earlier and some is just now being planted.

 

However, wheat emergence is below normal for this date and last week, 42 percent of the Oklahoma wheat crop was rated fair with 32 percent good and 4 percent excellent. According to Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, this confirms that the wheat crop is late and will result in little grazing potential for the remainder of 2011.

 

Depending on winter weather and additional moisture, there may be limited grazing potential after January 1. All of this is to say that winter wheat will provide little fall forage. To the extent that any wheat grazing potential develops through the winter, the wheat is likely to be used mostly for cows rather than for stockers.  

 

Beef Industry in 2012 Holds Both Opportunities and Challenges

 

The future of the beef industry is filled with both opportunities and challenges due to the 2011 drought in the Southern Plains, high price of grains, volatility in the commodity markets and fewer dollars available for research and education. According to Steve Swigert, Ag Consultant at the Noble Foundation, the consolidation of the industry will continue with more beef produced by fewer producers and with fewer cows.

 

Supply chains will continue to be more and more prevalent and, in general, the beef industry will have fewer participants. We are already seeing this trend as the largest 10 percent of the cow-calf producers raise 54 percent of the cows, the largest 2 percent of the feedyard ownership groups feed 86 percent of the fed cattle and the three largest packers harvest 82 percent of the fed cattle.

 

In the second half of 2011, drought conditions have caused historic reductions in cow numbers across Oklahoma and Texas, and there is practically zero stocker grazing expected due to the lack of wheat. Even though relocation to northern grass has kept some cows in production, many went to slaughter.

 

Click here for more from Steve Swigert on the 2012 beef industry.

Beef Buzzing this Week- talking Drought and GIPSA 

 

Our first two Beef Buzz shows of the week hit a couple of familiar topics- and we wanted to link you to both of them so you could hear these updates.

 

First- our Monday Beef Buzz featured Scott Dewald of the Oklahoma Cattlemen's Association- and we talked the impact of drought on Scott's members at the OCA- both short term but very importantly as well- long term. Click here for that Monday Beef Buzz with Scott Dewald. 

 

Our Tuesday Beef Buzz spins out of the Q&A session from the opening general session of the Texas Cattle Feeders Association in Amarillo on Monday. One of the questions raised to Senator Pat Roberts of Kansas and Oklahoma Congressman Frank Lucas at that meeting had to do with the marketing rule changes proposed by USDA last June known as GIPSA.  Senator Roberts had little nice to say- and you can hear his comments as well as the thoughts of Frank Lucas on our Tueday Beef Buzz. Click here for that show.

 

The Beef Buzz is a regular feature heard on many of our great radio stations that are a part of the Radio Oklahoma Network- and we archive previous Beef Buzz reports on our website as well.  

 

We Got Pictures- Cotton and Wheat- AND No-Till Seminar Deadline Today

 

 

While on the road back from the TCFA on Monday afternoon- grabbed several pictures that you may want to check out- first we saw multiple irrigated cotton fields ready for harvest and looking really pretty good. Click here to see one such cotton field off of Hext Road which is west of Sayre.  

 

We also updated our wheat picture set with two stops- one just barely emerging wheat field at the edge of Canute- as well as a field that was a little more developed into a mostly green carpet look.  Click here for those wheat pictures- and we have a link on both stories that takes you to our Flickr account and more pictures up yonder in cyberspace.  Our 2012 WheatWatch is sponsored in part by the Oklahoma Wheat Commission. 

 

No-till on the Plains will be hosting an Agriculture's Innovative Minds Symposium on November 15 - 17, 2011 in Nebraska City, Neb. The three day symposium will be focusing on holistic management and helping producers that have been questioning their decision-making skills in 2011.  The deadline to register for the symposium is today- Tuesday, November 1. This workshop will enable producers to better arrive at those important day-to-day decisions and ensure that their operation is on the right path. Click here for more information on this symposium.   

 

 

Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, American Farmers & Ranchers, One Resource Environmental- operators of FarmSPCC.com, 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- 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.

Click here to check out WWW.OklahomaFarmReport.Com

 

 

God Bless! You can reach us at the following:

phone: 405-473-6144

 


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