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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 newsfrom
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 $11.64 per bushel-
2012
New Crop contracts for Canola are now available at
$11.79 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, December
27, 2011
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Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
US
Hogs and Pigs Report Shows Modest Expansion Into
2012- Considered Bullish by Futures
Market
Last
Friday, the USDA issued their quarterly Hog and
Pigs Inventory report, which according to Steve
Meyer with Paragon Economics, came in about as
expected. The following are some of the highlights
from the summary of the report issued on December
23, 2011.
United
States inventory of all hogs and pigs on December
1, 2011 was 65.9 million head. This was up 2
percent from December 1, 2010, but down 1 percent
from September 1, 2011.
Breeding
inventory, at 5.80 million head, was up slightly
from last year, but down slightly from the
previous quarter. Market hog inventory, at 60.1
million head, was up 2 percent from last year, but
down 1 percent from last quarter.
When you
break down the numbers on a state by state basis-
Oklahoma remains the 8th largest total hog
inventory state, with 2.29 million hogs
residing in the state. The number of animals in
the Oklahoma breeding herd- 410,000 females- is
good enough to be the fifth largest state
in the number of breeding animals. Iowa
is number one in both of these categories- while
North Carolina is number two.
After the
report- the Pork Board sponsored a teleconference
with reporters to hear several analysts dissect
the report and look into 2012 and potential pork,
poultry and beef production. We have audio from
that teleconference that you can take a listen to
by clicking here for all of the numbers
as well as that audio.
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Sponsor
Spotlight
We
are proud to have KIS
Futures as
a regular sponsor of our daily email update. KIS
Futures provides Oklahoma Farmers & Ranchers
with futures & options hedging services in the
livestock and grain markets- Click here for the free
market quote page they
provide us for our website or call them at
1-800-256-2555- and their IPHONE App, which
provides all electronic futures quotes is
available at the App Store- click here for the KIS
Futures App for your Iphone.
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. |
One
Size Fits All Farm Policy Not Workable when 2012
Farm Bill Debate
Restarts
One
ag policy analyst says American agriculture is too
diverse for a one-size-fits-all safety net to
work. Joe Outlaw of Texas A&M commends the top
four leaders of the House and Senate Ag Committees
for developing a farm bill outline that would have
given producers a choice between shallow-loss
revenue protection and higher target prices saying
he doesn't believe either of these are
wrong.
Outlaw says what he has the biggest
problem with is for certain commodities to say a
specific commodity is interested in target price
or a price protection program that they can't have
that.
While the super committee effort
imploded, Outlaw predicts the draft safety net
will ultimately be enacted into law. Outlaw adds
that the process in 2012 is going to be very ugly
because not every group is ready to have just one
program.
Click here for more from Joe Outlaw
and to listen to our conversation with him over
farm policy. |
National
Corn Growers Association says Russia Joining WTO
May Be Beneficial
The
decision to allow Russia to become a member of the
World Trade Organization can be a benefit to
American agriculture, the National Corn Growers
Association said. WTO ministers adopted Russia's
terms of entry at the Eighth Ministerial Meeting,
held recently in Geneva, and Russia has 220 days
to ratify its accession agreement.
"Russia's membership makes the WTO a more
universal trade organization," Chad Blindauer,
Chair of NCGA's Trade Policy and Biotechnology
Action team said. "It also ensures Russia plays by
the same rules as other WTO members.The deal
allows for more fair and open trade
policy."
The Working Party Chair of
Russia's accession, Ambassador Stefan Johannesson
of Iceland, said the "documents constituting
Russia's terms of entry into the WTO resulted from
a tough and successful engagement between Russia
and WTO members."
As part of the accession
deal, Russia has agreed to undertake further
commitments to open its trade regime. This
includes lowering tariffs on a wide range of
agriculture
products. |
Combat
Cold Weather Nutritional Stress in Horses this
Winter
People
combat cold weather by putting on additional
clothing; horses fight the elements by using more
energy to maintain body temperature.
But
while most people can address their own needs,
horses are dependent upon their owners to provide
proper nutrition and protection from the weather,
said Dave Freeman, Oklahoma State University
Cooperative Extension equine specialist.
"The temperature below which a particular
horse starts to expend additional energy for
maintaining body warmth (critical temperature)
will vary because of fat cover, hair thickness,
acclimatization of the horse to cold, hair-coat
wetness and wind chill," he said.
For
example, a horse with short hair, exposed to wet,
cold weather, may need significantly more energy
when the temperature gets below 50 degrees
Fahrenheit. A horse acclimatized to cold weather,
with a thick hair coat and fat cover, may not
expend appreciably more energy until the
temperature drops below 30 degrees
Fahrenheit.
Click here for more tips on
helping horses fight cold this
winter. |
The
"Week Between" Schedule
Ag
futures resume trade for the final days of 2011
this morning- open outcry on livestock trade
starts just after 9 AM while the grain, oilseed
and cotton futures begin trading at 9:30 AM
central. Once trade resumes this morning, it's a
normal schedule for the balance of the week-
through Friday. There will be no overnight
trade next Sunday night and no open outcry trade
on Monday, January 2, 2012.
Auction
markets are all closed this week between Christmas
and New Year's- at least we have yet to have found
any market that is operating this week- and the
first sales of the new year will come as early as
Monday, January 2nd- as the Joplin Regional
Stockyards up in southwest Missouri is planning a
regular Monday sale that day. The two
largest Monday auctions in Oklahoma- the Oklahoma
National Stockyards in Oklahoma City and the Tulsa
Stockyards- will not start regular weekly auctions
until Monday, January 9, 2012.
We
have several items listed in our calendar for the
new year already- click here and take a look- and
we invite you to email me with other
meetings that you know about that need to be
listed. We appreciate your help in keeping this
one of the best online calendar listings of events
important to Oklahoma farmers and ranchers.
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Beef
Checkoff Publishes White Paper on Beef Tenderness
The
beef checkoff recently published a white paper
titled, "Animal Age, Physiological Maturity, and
Associated Effects on Beef Tenderness", by J.
Daryl Tatum, Ph.D., Colorado State
University.
Conventional U.S.
cattle-production systems are designed to provide
consumers with a consistent supply of
high-quality, grain-fed beef, which is preferred
in current mainstream U.S. beef markets (both
domestic and export). In grain-fed beef production
systems, beef calves (steers and heifers)
typically are reared on pastures with their dams
until they are five- to eight-months old. After
weaning, calves either are placed in feedlots
immediately for grain finishing (as "calf-feds")
or grown for a period of time on forage-based
diets, until they are 12 to 18 months old, before
placement in feedlots for finishing (as
"yearlings" or "long-yearlings"). Grain-finished
cattle produced in the United States normally are
harvested between 12 and 24 months of age.
When beef carcasses are presented for
quality grading, USDA graders examine visible
indicators of physiological maturity, which are
used to classify carcasses into maturity groups.
At these young ages, steers and heifers are
expected to produce A-maturity carcasses when they
are graded by USDA. However, some of these cattle
exhibit sufficient degrees of skeletal
ossification to cause their carcasses to be
classified as B-maturity or older, which
significantly reduces carcass value and
marketability.
Click here for a link to read a full
copy of the beef tenderness white
paper. |
Cattle
Trails Cow-Calf Conference Set for Jan. 6
Cattle
producers looking to pick up the latest
science-based updates on cow-calf management
practices should register now to attend the Jan. 6
Cattle Trails Cow-Calf Conference in Wichita
Falls, Texas.
The conference is a
collaborative effort between the Oklahoma
Cooperative Extension Service and Texas AgriLife
Extension Service. Its purpose is to help cattle
owners and operators drive their animals to
profit.
"The historic drought of 2011 has
placed an even greater emphasis than normal on the
ability of cattle producers to make the best
production and economic decisions possible for
their specific operations, and that will be a
particular focus of the conference," said Bob
LeValley, Oklahoma State University Cooperative
Extension area livestock specialist.
The
2012 conference will take place at the
Multi-Purpose Events Center, located at 1000 5th
St. in Wichita Falls. The conference will begin at
8:15 a.m. and finish at approximately 2 p.m. Cost
is $25 per participant, which will include a
luncheon meal, refreshment breaks and proceedings
of the topics discussed at the
conference.
Click here for more on this
conference including registration
information. |
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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