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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 $11.48 per bushel-
2012
New Crop contracts for Canola are now available at
$11.70 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
Tuesday, November
15, 2011
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Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
Oklahoma
Crop Weather Update - Fall Harvest Slowed by
Rains
In
the latest USDA Crop Weather Update, fall planted
crops benefitted from recent rainfalls, while fall
harvest slowed down a little, saying - "Limited
amounts of wheat grazing were reported as
conditions for wheat, rye, and canola continued to
be rated mostly good to fair. Wheat planting
reached 96 percent complete, and 86 percent had
emerged by Sunday. Canola emerged reached 97
percent complete, seven points ahead of the
previous year.
Harvest
was still behind normal for the remaining row
crops, though each had passed the halfway point
for the season. Sorghum mature reached 96 percent
complete and 59 percent was harvested by Sunday,
nine points behind normal. Soybeans mature reached
91 percent complete by Sunday, and 61 percent of
soybeans had been harvested, 12 points behind
normal. Peanuts dug reached 88 percent complete
and 75 percent of the peanuts had been combined by
week's end, 10 points behind the five-year
average. The cotton harvest was 51 percent
complete by week's end."
Click here for the complete Oklahoma
Crop Weather Update as of Monday, November 14,
2011
Nationally-
harvest of both corn and cotton is well ahead of
the five year average- while soybean harvest is
also ahead of normal but by a smaller percentage
versus the five year average. The US corn crop is
now 93% harvested- versus the five year average of
82%- cotton harvest now stands at 79% complete
versus the five year average of 64% by this point
in November- soybean harvest is 96% complete
versus the five year average of 94%.
Here
in the southern plains- planting of the hard red
winter wheat crop has pretty well caught up with
the five year average- and while emergence of the
Oklahoma wheat crop is right there with the five
year average- Texas wheat fields still have some
catching up to do- emergence of the Texas wheat
crop is 56% versus the five year average of 74%.
You can click here for the national
Crop Progress summary from NASS at USDA- as
issued on Monday afternoon.
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Sponsor
Spotlight
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
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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 Show
this year is set for December 8, 9 and 10.
Click here for the
Midwest Farm Show main website
to learn more about their lineup of shows around
the
country! |
U.S.
Beef Markets Continue to Grow
Globally
Expanding
global beef markets continue to add strength to
U.S. cattle and beef markets, according to
Dr. Derrell Peel, Oklahoma State
University Extension Livestock Marketing
Specialist. The latest trade data released
by USDA that monthly exports were up 27 percent in
the month of September.
This
level exactly matches the year over year increase
in cumulative exports for the year to date.
Through the first three quarters of 2011, beef
exports have represented 10.7 percent of total
U.S. beef production. This percent is likely
to grow slightly for the entire year as continued
strong exports in the fourth quarter will be
matched against declining beef production.
Perhaps
as important as the beef export total, is the
broad-based nature of the growth in those
markets. In percentage terms, the fastest
growing market in 2011 has been Russia, up 83
percent for the year to date. However, at
that level Russia still only represents 5.6
percent of total beef exports this year.
The
major Asian markets of Japan (up 36 percent for
the year) and South Korea (up 48 percent) are
currently the third and fourth largest markets and
either or both could overtake Mexico as the
largest export market by the end of the
year. Canada has already exceeded Mexico as
the number one market for the year to date.
Together Japan and South Korea represent 30.8
percent of total exports, slightly lower than the
North American share of 35.7 percent for Mexico
and Canada combined.
Click here for more from Dr. Derrell
Peel on the global beef
market. |
Terry
Swanson with National Sorghum Producers says
Demand for Sorghum is
There
The
drought across the U.S. affected a multitude of
crops and sorghum was one of those affected. Terry
Swanson, who is the Chairman of the Board for the
National Sorghum Producers, says that it damaged a
majority of the region where sorghum is grown in
the U.S. We talked with Swanson at the recent
National Association of Farm Broadcasting annual
convention in Kansas City.
Click on the
LINK below to listen to our full conversation
on the 2011 sorghum production, prospects for the
future years and the role of sorghum as a water
conserving crop.
Swanson, who farms in
southeast Colorado near Walsh, says most
importantly the 2011 crop year really underscored
the importance of crop insurance for producers.
Producers need these safety nets like crop
insurance in order to be able to sustain
themselves until the production turns around. He
adds that the need for this crop insurance is
across the board, whether it is soybeans, wheat,
corn, cotton or any other crop.
Click here for more from Terry
Swanson and to listen to our
discussion. |
CEO
of National Sorghum Producers says Agriculture
Still Warrants Public Support
Tim
Lust, the CEO of the National Sorghum Producers
out of Lubbock, Texas, provided this opinion
editiorial article (originally published in the
Wichita, Ks paper this past weekend) on the need
for public and government support in the
agricultural industry.
"There's no doubt
about it: Agriculture is a bright spot in an
otherwise dreary economy. While the rest of the
nation struggles to stay in the black,
agriculture's net income grew by more than 17
percent last year.
Because agriculture is
doing well right now, critics of farm policy argue
that it no longer deserves government support. But
one must really understand the risks inherent to
the very necessary business of growing food, fiber
and fuel before tossing agriculture policy to the
wolves. As with everything, there are two sides to
the story."
Click here for the rest of Tim Lust's
opinion editorial
article. |
Senator
Tom Coburn Releases Report on Billions in
Giveaways for Millionaires
U.S.
Senator Tom Coburn, M.D. (R-OK) released a new
report "Subsidies of the Rich and Famous"
illustrating how, under the current tax code, the
federal government is giving billions of dollars
to individuals with an Annual Gross Income (AGI)
of at least $1 million, subsidizing their lavish
lifestyles with the taxes of the less fortunate.
"All Americans are facing tough times,
with many working two jobs just to make ends meet
and more families turning to the government for
financial assistance. From tax write-offs for
gambling losses, vacation homes, and luxury yachts
to subsidies for their ranches and estates, the
government is subsidizing the lifestyles of the
rich and famous. Multi-millionaires are even
receiving government checks for not
working.
"This welfare
for the well-off - costing billions of dollars a
year - is being paid for with the taxes of the
less fortunate, many who are working two jobs just
to make ends meet, and IOUs to be paid off by
future generations. We should never demonize those
who are successful. Nor should we pamper them with
unnecessary welfare to create an appearance
everyone is benefiting from federal programs," Dr.
Coburn said.
Click here for more from Senator
Coburn and this latest report.
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Don't
Graze Pastures Too Early
The
recent rainfall that has occurred across much of
Oklahoma and the southern Great Plains, will
dramatically improve our winter pastures and early
spring forage production. However, the recovery of
many summer pastures is still unknown. Many
forage-livestock producers are hopeful that the
coming year will be significantly better than the
last.
The obvious question is "how long
will it take these drought-damaged pastures to
recover"? Unfortunately there is not an easy
answer. The reason is that there are lingering
drought effects that will not disappear
immediately once normal precipitation returns.
Since long-term drought recovery is not common,
there is no good rule-of-thumb to follow. It could
take anywhere from a few years to several years
for many pastures to fully recover due to the
severity of the drought. This is especially true
if drought conditions continue.
Past
grazing and management practices will determine
the extent of damage that has occurred from the
drought. The dry period that began during the
summer of 2010 extended into the fall months and
continued through winter, spring, and the summer
of 2011. Most pastures have been used heavily for
two consecutive summers.
Click here for more from OSU's Daren
Redfearn on pasture
grazing. |
Miss
Oklahoma to Tell Students to Eat Healthy and Be
Active at Fuel Up to Play 60
Assemblies
Many
Oklahoma Schools are taking the lead for student
health by participating in a nationwide wellness
initiative. Community-focused and fun, Fuel Up to
Play 60 is activating schools and communities to
support school wellness initiatives, good
nutrition and physical activity, which help
educate students and curb obesity.
In
partnership with the National Dairy Council, Dairy
MAX, and the National Football League (NFL), these
schools are recruiting friends, parents, teachers
and business and community leaders to join them in
pledging to adopt healthier behaviors, such as
choosing foods encouraged by the United States
Department of Agriculture, which has also joined
the initiative, and committing to 60 minutes of
physical activity every day.
Three schools
are hosting a Fuel Up to Play 60 kick-off assembly
featuring Miss Oklahoma Betty Thompson on Friday,
November 18.
8:25 a.m. - Cashion
Elementary, Cashion (101 N. Euclid)
10:00
a.m. - Cotteral Elementary, Guthrie (2001 W. Noble
Avenue)
2:10 p.m. - Truman Primary, Norman
(601 Meadow Ridge Road)
Click here for more on these
assemblies and more from Miss
Oklahoma. |
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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