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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 $11.41 per bushel-
2012
New Crop contracts for Canola are now available at
$11.63 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.
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Oklahoma's
Latest Farm and Ranch News
Your
Update from Ron Hays of RON
Thursday, November
10, 2011
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Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
U.S.
Farmers and Ranchers Alliance Celebrates
Development Over One Year and Plans
More
The
U.S. Farmers and Ranchers Alliance is celebrating
just how far it has come over the past year.
Holding their first annual meeting in Kansas City
this week, the USFRA discussed their main goal, to
give farmers and ranchers a voice, as well as
discussing their future plans for 2012.
We
talked with Hugh Whaley, General Manager for
USFRA, about the growth of the organization
saying that it has done exceptionally well at an
organizational level. Starting with only 22
affiliates, USFRA now has 59 farmer and rancher
led organization affiliates and has grown from no
industry partners at all to 10 industry partners
and 5 supporting partners.
The USFRA has
also gained when it comes to their own board with
now 19 board members when USFRA started with only
nine. When it comes to the main mission of
building consumer trust in today's agriculture,
Whaley says they are really just getting the
opportunity to get started. With their first
public event, the Food Dialogues, held this past
September, Whaley says they are going to use the
momentum from that event as they move into 2012.
During the annual meeting, the Alliance
board discussed budget issues for the coming year,
heard from a public relations firm about plans for
2012, and held several breakout sessions in
committees and task force meetings. Whaley says
that one of the goals and plans for 2012 is they
are hoping to get 250,000 farmers and ranchers
trained to tell their agricultural
story.
Click here to listen to our
conversation with Hugh Whaley of
USFRA. |
Sponsor
Spotlight
We
are pleased to have American Farmers &
Ranchers Mutual Insurance Company as a regular
sponsor of our daily update- click here to go to
their AFR web site to learn more about their
efforts to serve rural America!
And
we are proud to have P & K Equipment/ P
& K Wind Energy as one of our regular
sponsors of our daily email update. P & K is
the premiere John Deere dealer in Oklahoma, with
ten locations to serve you, and the P & K team
are excited about their new Wind Power program, as
they offer Endurance Wind Power wind turbines. Click here for more from
the P&K
website. |
Wal-Mart's
Decision for Choice Grade Beef Brings Changes to
Beef Industry
The
following is an analysis on the Wal-Mart
announcement to carry Choice grade beef by Steve
Meyer with the Daily Livestock Report. Also, click
on the LINK below to hear from Erica Rosa-Sanko
with the Livestock Market Information Center with
her thoughts on the announcement by Wal-Mart and
what it means to the cattle
marketplace.
"Wal-Mart's recent
announcement that it will begin carrying Choice
grade beef in all of its 3800 U.S. stores will yet
again change some key dynamics in the beef sector
- from feeding practices all the way back through
the seedstock sector.
When the number one
food retailer in the country essentially changes
the favored "brand" of a major product line, it
matters - to both the newly adopted brand and the
one that is removed from store shelves. We believe
there are two primary reasons, in a broad sense,
for Wal-Mart's change."
Click here for more from Steve Meyer
and Erica Rosa-Sanko on this decision by Wal-Mart.
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Tight
Stocks and Strong Demand Continue for Corn
Market
The
U.S. corn market continues to be characterized by
tight stocks and strong demand as farmers wrap up
this year's harvest and look to next year's crop,
according to economists with the American Farm
Bureau Federation.
The Agriculture
Department released its November crop report,
showing a U.S. corn crop of 12.3 billion bushels,
a 1 percent drop from the October estimate. USDA
also forecasts a further tightening of corn
supplies at 843 million bushels in its November
report, compared to 866 million bushels in its
October estimate.
Click here for more on the corn
market from AFBF.
After
some requests not to release the latest crop
numbers this morning from USDA, it was indeed
released on time. The Supply & Demand,
Production and Ending Stock numbers are looked on
as friendly overall. The corn and soybean
production and yields came in lower than the month
of October and lower than pre-report estimates.
Corn production is at 12.31 billion bushels with a
yied of 146.7 bpa, both those numbers below
October and trade estimates. Soybeans were pegged
at 3.046 billion with a yield of 41.3 bpa, both
those numbers also lower than October and the
trade estimates. We also saw a lowering of the
wheat production by a total of 9 million from the
last report.
Click here to listen to
our conversation with Tom Leffler of Leffler
Commodities on these
numbers. |
Hay
Shortage May Lead to More Foreign Materials in
Hay
An
extremely hot and dry summer has left cattle
producers searching for hay to feed through the
winter.
Truck after truck can be spotted
on highways throughout the state bringing in hay
from other areas. Daren Redfearn, Oklahoma State
University Cooperative Extension forage
specialist, has some tips for producers to
consider when purchasing hay from regions outside
the southern Great Plains.
"The current
hay shortage has resulted in hay being harvested
from some nontraditional areas, such as highway
right-of-ways and old go-back fields," Redfearn
said. "It is important for hay buyers to be aware
of a couple of potential issues regarding foreign
matter in this type of hay and hay from other
sources, as well."
Click here for more on this hay
shortage from OSU Cooperative
Extension. |
Atrazine
Benefits U.S. Consumers by up to $4.8 Billion
Annually
U.S.
consumers and society benefit from atrazine and
other triazine herbicides by up to $4.8 billion
per year, due to increased yield as well as
decreased producer costs and reduced soil erosion,
according to new studies released in Kansas City.
In addition, the U.S. economy benefits
from atrazine and other triazine herbicides by as
much as $22 billion over a five-year period.
Benefits to farmers and consumers from the
triazine herbicides include increased corn,
sorghum and sugar cane crop yields, lower
weed-control costs, significantly reduced soil
erosion and less carbon released into the
atmosphere. Atrazine and the triazine herbicides
account for as many as 48,000 American jobs in
corn production alone.
Click here for more information on
atrazine and the benefits of
it. |
Monsanto
Spotlights America's Farmers This Thanksgiving
America's
farm families have an amazing story to tell - and
Monsanto is continuing its "America's Farmers"
campaign to help them tell it. On Thanksgiving
Day, Monsanto will launch the next wave of
television commercials aimed at illustrating the
important role of America's farm families and
modern agriculture in meeting the needs of our
growing world.
"This Thanksgiving, as
people sit down to enjoy dinner with their family
and friends, we hope to encourage them to take a
moment and thank those who make it all possible -
America's farm families," says spokesperson
Jessica Simmons.
"As
an agriculture company, Monsanto is proud to
advocate on behalf of America's farmers as they
work tirelessly to provide plentiful food,
clothing and energy for our country and the
world."
Click here for more from Monsanto on
this Thanksgiving
campaign. |
OALP
Alums Invited
to Friday Night Reception During
Oklahoma Farm Bureau
Convention
This
Friday evening- alums of the Oklahoma Ag
Leadership Program are invited to a reception at
the 2011 Oklahoma Farm Bureau convention in
downtown Oklahoma City. The reception is being
planned by the ALO- Agriculture Leadership
Oklahoma- the organization of OALP graduates from
Class One forward. The reception will be
held in Room 1-2 on First Floor of Cox Convention
center in downtown OKC. To learn more about the
OALP class- and what the current class
is up to this fall- click here for the OALP
website. |
Gary
McManus with a little corn and a lot of
Weather
Gary
McManus with the Oklahoma Climatological Survey
regularly writes an electronic column called the
Mesonet Ticker. His latest effort from yesterday
is much longer than usual- and we have
decided to simply link to their site instead of
recreating it on our website.
This
latest literary masterpiece is a really excellent
review of the incredible range of weather we have
experienced from January until
now- record cold, heat, drought, tornadoes,
hail and flooding. To check out Gary's
play by play of weather across the state- complete
with several pictures and charts- click
here. | |
God Bless!
You can reach us at the following:
phone: 405-473-6144
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