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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!
Our
Market Links are a service of Oklahoma Farm Bureau
Insurance
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:
Cash price for canola was
$11.04 per bushel- based on delivery to the Northern AG
elevator in Yukon Tuesday. The full listing of cash
canola bids at country points in Oklahoma can now be
found in the daily Oklahoma Cash Grain report- linked
above.
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,
October 25,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Mark
Hodges Takes a Final Look at 2012 Wheat Crop
Quality and Prospects for
2013
The
2012 wheat crop is now in the bin and is being
utilized by end users. Mark
Hodges of Plains Grains spoke with me
about the final numbers on the crop's quality
nationwide and what can be expected in
2013.
"We are now approaching 27,000
different data points on this hard red winter
wheat crop from Texas to North Dakota and across
to Washington, Oregon, and Idaho. Really, this
year, more than any other, has been as variable as
any I have ever seen in my career."
He said
that the crop in Oklahoma and Texas got off to a
late start, but a good start, last year. Mild
winter temperatures never really put the plants
into dormancy and heavy early spring rains
encouraged tremendous tillering. Hodges said
several cattle producers had an overabundance of
forage and had to pull cattle off wheat pasture
early because they were gaining too much weight.
Abnormally hot and windy conditions in May were
hard on the crop especially since it was two weeks
ahead of schedule by that time. He said the crop
became moisture stressed right when it was most
vulnerable during kernel development.
"And
so we ended up, in a lot of locations where the
wheat being delivered was anywhere from nine to
sub-nine percent protein all the way up to 15
percent protein. It was on a fairly wide basis and
it wasn't associated with management. It wasn't
associated with the amount of nitrogen that was
available to the plant. It was the growing
conditions under which that crop developed."
You can read more from Mark or listen
to our conversation by clicking
here.
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Sponsor
Spotlight
We
are proud to have Winfield
Solutions and CROPLAN by
Winfield as a sponsor of the daily email-
and we are very excited to have them join us in
getting information out to wheat producers and
other key players in the southern plains wheat
belt about the rapidly expanding winter canola
production opportunities in
Oklahoma. We'll be telling you about their
"Answer Plots" in the days to come that they
have planted at two locations in Oklahoma
featuring both wheat and
canola. Click here for more information on
the CROPLAN lineup for winter
canola.
Midwest
Farm Shows is our longest
running sponsor of the daily farm and ranch email-
and they are busy gearing up for this coming
December's Tulsa Farm Show- the
dates for 2012 are December 6 through the
8th. Click here for the Tulsa Farm Show
website for more details about this
tremendous all indoor farm show at Expo Square in
Tulsa. AND- we are now accepting your nominations
for horses that can be trained by Craig Cameron
FREE of charge during the Tulsa Farm Show.
Give me a call at 405-841-3675 and leave a name,
number, location and a short description of your
horse that you would like to
nominate!
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Oklahoma
FFA Aims for Fourpeat in Public Speaking- Our
Thursday Morning Convention
Update
The
competition at the national level really got
underway yesterday here in Indianapolis, and
Oklahoma FFA members seem ready to grab their
share of national honors once again.
At
the top of the storyboard- Tanner
Allread of Union City won his two
preliminary rounds- and is now in the National
Finals of the Prepared Public Speaking Contest-
that will begin at 9 AM eastern time today
(Thursday). This is the fourth year in a row that
an Oklahoma FFA member will be in the finals. In
fact, the last three years- Oklahoma has WON the
National Prepared Public Speaking Contest.
After
his first round victory on Wednesday- we talked
with Tanner about his topic- the 2012 Farm Bill-
and I found myself talking to someone who could
step in and serve right now alongside the staffers
who work for House Ag Committee Chairman Frank
Lucas in DC- he knows his stuff- click here for that story and a
chance to hear our conversation.
Click here for our overview for this
Thursday morning from here in Indy- we have
summarized everything that has happened to this
point- and have links back in time to the previous
three Public Speech winners from the last three
years.
Other
contests that have Oklahomans still alive and
pushing forward include the Ag Issues Contest-
with the Kingfisher Team winning in their first
round- they compete again today. And, today
is the start of the FFA Creed Contest, with
Cheredan Vap of Burlington representing the
state.
Our
coverage of the 2012 National FFA Convention is
made possible by the support of the Oklahoma FFA
Association and the Oklahoma FFA Alumni
Association- click here for the Oklahoma FFA
website to learn more about the Blue and Gold.
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Much
of Oklahoma's Water Infrastructure Nearing End of
its Lifespan
Tick-tock,
tick-tock potentially could become more synonymous
with Oklahoma water than the drip-drip-drip of
well-managed, high-tech garden irrigation or the
DRIP-DRIP-DRIP of some homeowner's frustratingly
leaky faucet.
Mike
Langston, assistant director of the
Oklahoma Water Resources Research Institute at
Oklahoma State University, cautions that time is
not on the side of the state's water
infrastructure, much of it built not long after
World War II and given a life expectancy of 50 to
60 years.
"One of the most important
taken-for-granted issues in water management is
the pipes, dams, treatment plants and pumps that
bring us clean drinking water and treat our
sewage," he said. "Many of our communities are at
or near the end of much of their water
infrastructure's projected lifespan and officials
must consider how to replace it."
Click here for more on this story and
information about the upcoming Oklahoma Governor's
Water Conference.
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Tight
Beef Supplies Fuel Higher Prices, Export
Concerns
Tighter
and tighter beef supplies seem to be on the way.
Three to four percent fewer pounds of beef will be
available in 2013 according to livestock marketing
specialist Dr. Derrell Peel of
Oklahoma State University. He
says higher prices are likely to result.
"I think we're already seeing those in
some sense. As we go forward it gets to be a
bigger issue because the supply pressure will be
even greater. This year, repeatedly, we're now for
the third time this year bumping up into $1.95 to
$2 range for choice boxed beef and that $2 ceiling
seems to be a very, very strong barrier to us
right now. I think it's a very strong
psychological barrier at the wholesale and retail
level. I do think we'll go through it. We may go
through it before the end of this year. If not, I
think there's a greater chance we'll go through it
in the first quarter of next year."
Even
with the rising prices, Peel says, consumer demand
is there and, possibly, may increase.
You can listen to my interview with
Derrel Peel in the latest Beef Buzz by clicking
here.
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U.S-Panama
Free Trade Agreement To Take
Effect
The
U.S.-Panama Trade Promotion Agreement will take
effect Oct. 31, signifying an end to a five-year
push to solidify three free trade agreements (FTA)
that are expected to boost beef exports by $3
billion. The U.S.-Korea FTA took effect March 15,
2012, followed by the Colombia FTA on May 15,
2012.
"Texas ranchers have worked for
nearly five years to see these agreements become
reality," said Joe Parker Jr.,
rancher and TSCRA president. "Families, both at
home and abroad, want Texas beef on their tables,
and now we will be able to help meet that demand.
This is a win for consumers overseas and producers
here in the U.S."
Among other things,
implementation of the Panama FTA results in the
immediate repeal of the 30 percent tariff on prime
and choice cuts of U.S. beef and begins to phase
out all remaining tariffs.
Read more by clicking here.
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RFA
Says Distillers Grains a Critical Component of
Global Feed Market
Speaking
to a crowd of more than 500 feed producers,
marketers and buyers from around the world at the
Export Exchange in Minneapolis, Renewable Fuels
Association (RFA) Vice President Geoff
Cooper explained that distillers grains
and other ethanol co-products have become a
tremendously important component of the global
animal feed market. The Export Exchange, which is
a joint conference between the RFA and the U.S.
Grains Council, began Monday and ends Oct.
24.
"The American ethanol industry produced
nearly 39 million tons of nutrient-dense animal
feed in the 2011/12 marketing year, meaning the
ethanol industry has surpassed the U.S. soybean
crushing industry in terms of feed production,"
Cooper said. "The feed produced by the ethanol
industry is nourishing beef, dairy, swine,
poultry, and fish around the world. About
one-quarter of the feed co-products generated last
year were exported to more than 50
countries."
Cooper also explained that the
U.S. ethanol industry has responded to the
historic drought of 2012 by curtailing its
consumption of corn. "There is a false notion out
there that the ethanol industry is somehow
insulated from the effects of the drought and high
corn prices because of the Renewable Fuel Standard
(RFS)," Cooper said. "That simply isn't true. As
crop conditions deteriorated in July and August
and corn prices increased, corn use for ethanol
dropped by almost 15 percent. That means the
ethanol industry reduced its corn consumption by
about 600-700 million bushels on an annualized
basis in less than two months' time. Without a
doubt, the ethanol industry has not been spared
from the effects of the drought."
You can read more by clicking
here.
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A
Picture is Worth a Thousand Words- and We Have
Lots of Pictures to Share- Corn Harvest,
WheatWatch, Sholar Reception and
FFA
We
have several new sets of photos on FLICKR
that you may want to check out- here's a quick
thumbnail sketch of each and a link to take a
look:
As
we traveled into Indianapolis earlier this week-
we saw some combines rolling and pulled off I-65
near Columbus, Indiana and got some great shots of
the 2012 corn harvest here in the
Hoosier state. It was a decent field of
corn- but clearly below what midest farmers have
come to expect as normal- click here to take a look at the
combine in action as well as a full close up of
good and bad ears of corn.
We
mentioned it earlier in the week- but you may want
to go and look at our new WheatWatch
2013 set that we have just begun- early
pictures of a couple of Canadian County wheat
fields that we will be following all season as
they develop- and a video with the audio of our
current Oklahoma Wheat Commission production tip
featuring comments from OSU's Dr. Jeff
Edwards. Click here and check out
WheatWatch 2013.
This
past Friday- we were in Stillwater and were
excited to be a part of the Ron
Sholar reception as he was honored by
CASNR as a Distinguished Alum. Click here to see our pictures of
that day- including some of the walkaround fun on
campus that evening.
Finally-
as we have been reminding you all this week- we
are in the process of building a set of photos
from the 2012 National FFA
Convention- we have added a few more from
Wednesday- so go check out our FLICKR set from
Indy- click here to take a
look.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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