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
on RON Markets as heard on K101
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
cash price for Canola is $11.85 per bushel-
New Crop contracts for Canola are now available at
$12.08 per bushel- delivered to local
participating elevators that are working with PCOM.
Daily Market Wrapup from the Radio
Oklahoma Network with Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
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
National Daily Feeder & Stocker
Cattle Summary- as prepared by USDA.
National Daily Slaughter Cattle
Summary- as prepared by the USDA.
here is the Daily Volume and Price Summary from
the Texas Cattle Feeders Association.
Latest Farm and Ranch News
Update from Ron Hays of RON
February 14, 2012
Lines Up With HSUS- Tells Pork Suppliers to Show
Plans to End Use of Gestation Crates
Corporation announced on Monday that it will
require its U.S. pork suppliers to outline their
plans to phase out the use of sow gestation
stalls, a move supported by The Humane Society of
the United States (HSUS).
believes gestation stalls are not a sustainable
production system for the future. There are
alternatives that we think are better for the
welfare of sows,"said Dan Gorsky, senior vice
president of McDonald's North America Supply Chain
Management. "McDonald's wants to see the end of
sow confinement in gestation stalls in our supply
chain. We are beginning an assessment with our
U.S. suppliers to determine how to build on the
work already underway to reach that goal. In May,
after receiving our suppliers' plans, we'll share
results from the assessment and our next
President Wayne Pacelle calls the word from
McDonalds "important and promising." HSUS
has waged a tough and at times, rather shady,
campaign against gestation crates.
the National Pork Board and the National Pork
Producers Council quickly responded with
statements- with the NPPC offering to help the
fast food giant in sorting through the options of
properly caring for sows. NPPC, in their
statement said "Farmers and animal care experts
know that various types of housing systems can
provide for the well-being of pigs. After an
extensive review of scientific literature, the
American Veterinary Medical Association determined
that both individual sow housing and group housing
can provide for the well-being of sows."
Pork Board indicated that the NPC "recognizes that
food companies, including McDonald's, make
decisions in the best interests of their
can read all of the statement released earlier
today from McDonalds, as well as the full
statements from the pork industry- click here to jump to our webpage to
review the latest in this continuing push by
HSUS to get their way in this animal husbandry
are proud to have KIS
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.
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
2012- North Central Oklahoma Wheat Pictures
Showing Good Crop Conditions
has new pictures for you to see of the developing
2012 Hard Red Winter Wheat Crop in Oklahoma. We
stopped on Thursday, February 9, 2012 and took
several pictures in three different fields in
south Kay and northern Noble Counties- just west
of I-35 in each case.
featured at the top of our story online comes from
a field near Billings on February ninth- and you
can see the indentation of tire tracks where
apparently a fertilizer top dressing application
happened. We saw many fields that looked very
similar to this field in these two north central
counties. This field appeared to be in good to
have two more fields that we also got several
shots of- click here to jump over and take a
look at them- and we also have a link to to
the FLICKR set of pictures that make up WHEATWATCH
2012- a service of the Oklahoma Wheat Commission,
working hard for Oklahoma's wheat producers.
Ag Secretary Tom Vilsack Brags on Obama FY 2013
Budget- While House Ag Committee Chair Lucas
Secretary of Agriculture had lots of good things
to say about the Budget proposal put forward by
his boss- President Barack Obama. Among his
comments on the plan for FY2012- "USDA has
supported farmers, ranchers and growers so that
last year they enjoyed record farm income. We have
focused on creating jobs and building a foundation
for future economic growth, especially in rural
America, where unemployment is falling than in
other parts of the country.
President's 2013 USDA budget helps us to continue
this progress, supporting robust farm income and
good jobs in rural communities.
sustain record farm income, we will invest in
research and development to improve agricultural
productivity. The budget makes a 23% increase in
funding for our premier competitive grants program
to support the most worthy projects and continues
support for in-house research and the land grant
universities. We'll continue our efforts to combat
destructive pests and disease that threaten crops
Click here for Vilsack's full
the Obama budget proposal.
Click here to see the USDA
summary that fleshes out their portion of the
Vilsack praised every aspect of the plan, House Ag
Committee Chairman and Oklahoma Republican Frank
Lucas was a much tougher sell. In fact, in his
more to the point statement, the Congressman had
little positive to say. "The President's budget
demonstrates that neither rural America nor fiscal
discipline is a priority for this administration.
Raising taxes on small businesses and ignoring the
real drivers of trillion dollar deficits is a
failure of leadership."
rest of the comments from House Ag Committee
Chairman Lucas can be had by clicking here.
Numbers for 2011 Confirm Record Smashing Year for
US Beef and Pork Exports
to year-end statistics released by USDA and
compiled by the U.S. Meat Export Federation
(USMEF), exports of U.S. pork, beef and lamb set
new records across the board in 2011, reaching
all-time highs in both volume and value and
exceeding $11.5 billion in total value.
Pork exports totaled 2.255 million
metric tons valued at $6.11 billion, breaking the
previous volume record of 2.052 million metric
tons and shattering the value record of $4.88
billion, which were both established in 2008.
Year-over-year, pork exports were up 18 percent in
volume and 28 percent in value.
exports finished the year at 1.287 million metric
tons valued at $5.42 billion. This broke the 2003
volume record of 1.274 million metric tons and
easily surpassed the 2010 value record of $4.08
billion. Export volume was 21 percent larger than
in 2010, with value up 33 percent.
Click here for the complete rundown
of both pork and beef, as well as the lamb
export numbers as well.
Key in 2012- China
Cotton Council economists say cotton's 2012
outlook will be influenced primarily by China's
national reserves stocks, uncertainty over the
general economy and weather developments in the
southwestern United States.
Adams, the NCC's vice president Economics &
Policy Analysis, told delegates at the NCC's 74th
Annual Meeting in Fort Worth today that 2012 is
not starting out as a normal year for the U.S.
Cotton Belt's southwest region, particularly Texas
and Oklahoma. He said drought conditions persist,
and as a result, for those two states, the outlook
assumes above normal abandonment and yields below
trend. Adams said the NCC sees a 2012 U.S. cotton
crop of 18.30 million bales, with 17.51 million
upland bales and 783,000 extra-long staple (ELS)
bales. When combined with international 2012
production of 101.1 million bales, the world crop
for 2012 is estimated at 119.4 million
China- Adams says "it is important to remember
that as much as 30 percent of the global ending
stocks could be held in China's government
reserves. By late January, more than 11 million
bales have been purchased into the China reserve,
with some speculating that total purchases could
exceed 15 million bales."
Adams noted that
while China's reserves policy is providing
short-term support to the cotton market, China's
implementation of this policy "is the single
largest wildcard in the cotton market." Regarding
prices, he also noted that though the forecasted
stocks/use relationship is likely to dampen upside
price potential, current polyester prices and
cotton's need to remain competitive with grains
are supportive of prices on the downside.
Click here for more of Gary Adams'
analysis as released over this past weekend at
the National Cotton Council's annual meeting.
Beef Trade Moves Higher Again But Auction Receipts
Begin to Dwindle - Audio Comments with Ed Czerwin
to Ed Czerwin of the USDA Market News Office in
Amarillo, Texas, choice boxed beef ended the week
higher again last Friday, over $3.00 from the
previous week, at $186.65 cwt. As far as the
finished cattle last week, Czerwin says the Texas
Panhandle showed a dollar higher trade last week
but the rest of the Southern Plains trade was
about steady with the previous week.
average weight in the Texas Panhandle jumped about
seven pounds to 1,243 pounds which draws us a
little closer to last year's weight at this time.
The cow harvest numbers continue as usual but
auction numbers continue to dwindle. Czerwin says
area auction receipts have slowed down
Click here to be able to hear Ed's
full audio analysisof this past week's cattle
and beef markets, with an emphasis on what is
going on here in the southern plains.
Beef Herd Replacement Dilemna- as Explained by
the third week in a row, OSU extension livestock
market economist Dr. Derrell Peel has offered a
multi part look at the shrinking cattle industry-
and in this week's look at the business- a look at
how finally turn around the cull cow numbers and
start saving more females in the US cattle herd
than we are liquidating.
Peel says of the balancing act of cow slaughter
versus rebuilding the US cattle herd "The
replacement heifer patterns suggest that the
industry is clearly attempting herd expansion and
has been for the last three years. However, it is
cow slaughter that holds the key to stopping
liquidation of the herd. Beef cow slaughter needs
to decrease at least 20 percent from last year's
levels to stop herd liquidation."
the rest of this current take on this aspect of
the US Beef Cattle business- and we have links to
the previous articles as well- just click here to jump to Part Three
of this look at the state of the industry in
our southern plains beef cattle business.
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