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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. This is the report
from last Friday- as markets were closed on Monday for
Martin Luther King Holiday.
Canola
Prices:
Current
cash price for Canola is $11.78 per bushel-
2012
New Crop contracts for Canola are now available at
$11.87 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,
January 17, 2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
November
Pork Exports Record-Large; Beef Exports Also
Strong
U.S.
pork exports set another monthly volume record in
November, according to statistics released by USDA
and compiled by the U.S. Meat Export Federation
(USMEF), which helped offset record-high
production and provide a significant boost to pork
cutout values. Exports totaled 217,080 metric tons
valued at $597.85 million - up 22.5 percent and 35
percent, respectively, over November 2010. This
boosted the January-November volume total to 2.04
million metric tons (up 18 percent year-over-year)
and the value total to $5.526 billion (up 27
percent). This puts U.S. pork export value, which
had never reached $5 billion before this year, on
pace to approach the $6 billion mark in
2011.
November beef exports also
performed well, reaching 105,268 metric tons
valued at $456.25 million. This was steady with
the October 2011 volume and up slightly in value.
On a year-over-year basis, November exports were
up 4 percent in volume and 17 percent higher in
value from the very strong totals recorded in
November 2010. This boosted the January-November
export total 22 percent higher in volume than a
year ago to 1.179 million metric tons, and up 35
percent in value to $4.944 billion. When December
results become available, beef export value will
eclipse the $5 billion mark for the first time
ever.
Click here for all of the details for
both pork and beef from the November stats as
gleaned by the US Meat Export Federation.
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Sponsor
Spotlight
It
is great to have as an annual sponsor on our daily
email Johnston Enterprises- proud to be
serving agriculture across Oklahoma and around the
world since 1893. One of the great success stories
of the Johnston brand is Wrangler Bermudagrass-
the most widely planted true cold-tolerant seeded
forage bermudagrass in the United States. For more
on Johnston Enterprises- click here for their
brand new website!
Midwest
Farm Shows is our longest running sponsor
of the daily farm and ranch email- and they are
busy getting ready for the Southern Plains
Farm Show that comes up April 19-21,
2012. For information on either an indoor
booth or an outdoor space, contact the great folks
at Midwest Farm Shows at (507)437-7969- or
you can click here for the
website
for this show coming to Oklahoma City this
spring.
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2012
WheatWatch- We Talk Current Wheat Crop Conditions
With Dr. Jeff Edwards
The
2012 Oklahoma Wheat Crop is looking better than
the crop of 2011 did at this point in January
2011- but the worry remains that there will be not
enough rainfall to produce an adequate crop.
Oklahoma State University Wheat Specialist Dr.
Jeff Edwards talked with us about several aspects
of the 2012 crop as we stopped by his office this
past Friday afternoon. This wheat crop update is a
part of our 2012 WheatWatch Series, which is a
service of the Oklahoma Wheat
Commission.
Dr.
Edwards says that the increase in the number of
acres planted into hard red winter wheat this past
fall is not surprising, as he pointed out that
many acres that were in spring planted crops this
past year failed due to the drought- and farmers
elected to put at least some of those acres back
into winter wheat. He also pointed to many acres
that had been in canola or other crops in the last
year or so that have been "cleaned up" when it
comes to weed infestations- and those fields are
viable to grow wheat once again.
Timely
rains will be needed to help this crop realize the
potential that is currently out in the wheat
fields of the state- and Dr. Edwards says that
producers will need to be proactive in applying
nitrogen in the next few weeks in order to have
adequate soil fertility.
Click here to read more- and the
opportunity to hear our conversation with Dr.
Edwards on where we stand with the 2012 wheat
crop.
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Public
Hearings Planned by USDA on FSA Office
Closings
Francie
Tolle, State Executive Director for USDA Farm
Service Agency (FSA) in Oklahoma, announced this
past Friday the schedule of public hearings
regarding consolidation of FSA county offices
proposed on January 9th by U.S. Agriculture
Secretary Thomas A. Vilsack.
"Oklahoma has
two of the 131 FSA county offices proposed for
consolidation," said Tolle. "I stress that these
consolidations are proposed, and final decisions
will not be made until after the public
hearings."
FSA
will conduct the public meetings in order to take
comments on USDA's proposed office consolidation
plan. The meeting schedules are as
follows:
Mayes County: Jan. 30 at 1:30 p.m.
at the Northeast Technology Center located at 6195
West HWY 20 in Pryor, Okla.
Pawnee County:
Jan. 31 at 1:30 p.m. at the Pawnee County
Fairgrounds located at 210 West Memorial in
Pawnee, Okla.
Click here for our full story on the
web- including details on how to send written
comments to USDA and the state FSA office on this
announcement.
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November
Ethanol Exports Set Record
U.S.
exports of denatured and undenatured
(non-beverage) ethanol set a new monthly record of
152.5 million gallons (mg) in November, according
to government data released this morning. Brazil
was the leading destination for U.S. product and
accounted for nearly half of total shipments for
the month. Canada, Mexico, and
the Netherlands were among other top destinations.
"Exports
have become an important part of the business
model for American ethanol producers," said Geoff
Cooper, Vice President of Research and Analysis at
the Renewable Fuels Association. "American ethanol
producers are the lowest cost provider of motor
fuel today and have ample supplies available to
help meet ethanol demand around the globe. While
the preference for American producers would be to
use more ethanol domestically through use of
higher ethanol blends like E15, E30 and E85,
overseas markets will remain a viable and
important part of America's ethanol industry."
Read
more about the strong performance of ethanol as a
product going into the international marketplace-
click here to do
so.
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Higher
Cash Cattle Trade This Past Week- Even as
Wholesale Beef Slipped Lower
This
past week, we saw higher cash cattle prices even
as the spot trade in beef was falling some $6 per
hundredweight- basis the choice cutout value.
According to Ed Czerwin with the USDA's Market
News office in Amarillo, the spot wholesale boxed
beef trade saw big offerings and moderate demand.
The choice-select spread has narrowed
substantially over the last month, going from $18
at the beginning of December to $8.50 by the end
of this last week.
On the cash cattle
trade- finished cattle were $2 to $3 higher than a
week ago, with prices in the southern plains at
$123, while Nebraska ended up ranging from $124.
to $124.50. Czerwin points out that the narrowing
choice-select spread benefits Nebraska cattle
price premiums, as they have a higher percentage
of choice cattle coming out of their
lots.
Average carcass weights came in
at 1255 in the Texas and Oklahoma Panhandle
feedlot region this past week, down from 1266
pounds per carcass a year ago- suggesting we
remain current in cattle marketings as we begin
2012.
Click here for a chance to jump over
to our webstory- where you can hear Ed's
complete rundown of the beef and cattle markets
from this past week. He does a tremendous
job- really understands all of the numbers he sees
and boils them down very well. Take four
minutes and listen's to Ed's description of the
markets- and you will understand them better.
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Monsanto
Fund Offers Grants for Math and Science Programs
in Rural Schools
Statistics
show that the United States ranks only 25th in
math scores and 21st in science compared to 30
industrialized nations. These facts show that
education is strongly in need of support. To help,
Monsanto Fund, the philanthropic arm of Monsanto
Company, is launching America's Farmers Grow Rural
Education to aid rural school districts by
providing $10,000 and $25,000 grants in 1,245
counties across 39 states. A total of 10
counties in Oklahoma are eligible to compete in
2012.
"We
believe our rural communities are the heart of
America," said Deborah Patterson, Monsanto Fund
president. "We want to help strengthen local
communities and education systems, especially in
the areas of science and/or math. A strong science
and math education helps build a foundation for
many careers in agriculture, but also will help
our students to be more competitive with those in
larger cities and other
nations."
America's Farmers Grow Rural
Education gives farmers the opportunity to
nominate a public school district in their rural
community to compete for a grant. Nominated school
district administrators can then submit an
application for either a $10,000 or $25,000 grant
to support a science and/or math educational
program by April 30, 2012. School districts that
apply for a $10,000 grant will compete against
other school districts that are located in the
USDA-appointed Crop Reporting District (CRD);
except that CRDs with fewer than five eligible
school districts will compete against each other
for a single grant. A school district that applies
for a $25,000 grant will compete against schools
that are located in its state or designated
region.
Read more by clicking here about the
Monsanto plan to inject money into rural
school districts to benefit science and math
development.
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Claud
Evans Named National Chair of CARET
Okemah
veterinarian and former Oklahoma State University
Regent Dr. Claud D. Evans has been elected as the
2012-2013 national chair of the Council for
Agricultural Research, Education and
Teaching.
CARET works to promote
support for and understanding of the land-grant
university system's food and agricultural
research, Extension and teaching programs that are
mandated by state and federal law to actively
engage in enhancing peoples' quality of life. It
is comprised of representatives from all 50
states, U.S. territories and the District of
Columbia.
"The land-grant
university system, which was established in 1862
by legislative action and expanded and improved in
both 1890 and 1994, is the premier tool by which
the masses of the United States have been, and
will be, educated," Evans said. "I look forward to
advocating for its continued expansion, especially
internationally, for the freedom and well-being of
all mankind."
Read
more about this new role that Dr. Evans is taking
on- and about CARET itself- click here for our full webstory
up on our website.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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