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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
$9.26 per bushel- based on delivery to the Northern AG
elevator in Yukon yesterday. 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
Wednesday, November 14,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Wheatwatch
2013- Oklahoma Crop Conditon Continues to
Slide Despite Rains
The
condition of the Oklahoma winter wheat crop
continues to deteriorate rapidly without
significant soaking rains. A cold front
brought moisture to much of the state excluding
the Panhandle last weekend, but it proved to be
too little, too late in many areas.
The
latest USDA Crop Progress and Condition reports
lists 49 percent of the state's crop in fair
condition, 38 percent in poor or very poor
shape (versus 30 percent a week ago),
with 12 percent listed as good and only one
percent in the excellent category. (Click here for the full
report.)
As
part of this year's Wheatwatch, Mike
Schulte of the Oklahoma Wheat Commission
has toured the state and says things are looking a
little bleak.
"In
southwest and central Oklahoma there are still
places where the moisture maybe didn't fall in
areas that specifically needed it. Going
into winter right now you can look at the crop and
see where maybe it had enough moisture to bring
the crop up in those regions where they'd received
rain, but that they didn't maybe receive up in the
northern parts of the state. Where that crop
had sprouted, it does look like it is going
backwards. And, in places, it looks like
it's curling up and dying out in the field."
He
says some areas are looking better than others,
but sub-soil moisture is a problem statewide.
You can read more of the latest
Wheatwatch or listen to my full conversation with
Mike by clicking here.
By
way of comparison, the Kansas wheat crop is faring
somewhat better than Oklahoma's, with four percent
listed as very poor, 17 percent poor, 46 percent
fair, 32 percent good and one percent
excellent. (Click here for the Kansas Crop
Progress and Condition
Report.)
In
Texas, conditions are also dry, but also better
than Oklahoma. As of this weekend five
percent of the crop was in excellent condition, 25
percent was good, 42 percent was fair, 22 percent
was poor, and six percent was in very poor shape.
(The Texas report is available 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. Winfield has
two "Answer Plots" that they have planted at
two locations in Oklahoma featuring both wheat and
canola- we have details in our latest episode of
CanolaTV with Justin Stejskal- click here to take a
look.. 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 want to thank everyone for supporting and
attending the Southern Plains Farm Show this
spring. The attention now turns to 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. We
have had a couple of responses to the call for
horses to be nominated for a training session with
Craig Cameron- if you want to
nominate your horse- call me at
405-841-3675 and leave a phone number and
details about your horse. You can also
email me by clicking here.
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Pork
Producers Feed Hurricane
Victims
The
Pork Checkoff's event trailer traveled to the East
Coast last week to assist in feeding victims of
Hurricane Sandy, the largest Atlantic hurricane on
record to hit the northeast coast.
Although
24 states have been impacted by the storm, the
hurricane hit New York and New Jersey especially
hard, flooding numerous streets, tunnels and
subway lines, as well as cutting off electricity
to parts of the city and its suburbs. In response,
pork producers from several states rolled up their
sleeves to help feed those impacted by the
storm.
"The event trailer, a mobile kitchen
equipped with grills and cooking supplies,
traveled to New Jersey to offer assistance serving
pork products to those in need," said
Conley Nelson president of the
National Pork Board. "This is just another way
pork producers demonstrate that they care for
people and their communities."
You can read more by clicking
here.
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NCBA
Urges Congress to Pass Permanent Estate Tax
Relief
The
National Cattlemen's Beef Association (NCBA) joins
more than 30 groups representing the agriculture
industry in sending letters to the United States
House of Representatives and the United States
Senate urging them to provide farmers and ranchers
with permanent and meaningful relief from the
estate tax. Current estate tax relief is set to
expire at the end of 2012 with exemption levels
dropping to $1 million per individual and the tax
rate increasing to 55 percent.
"If Congress
allows current estate tax relief to expire it will
have a devastating impact on the cattle industry.
America's farmers and ranchers are small business
owners who cannot afford to foot the bill for
government inaction," said NCBA President
J.D. Alexander. "The fate of
American agriculture and our economic recovery
rests on there being certainty in the tax code and
continued relief from the burdensome death tax."
Reducing the tax burden on cattlemen and
women has always been a top priority for NCBA and
the beef cattle community. For decades NCBA has
fought for full and permanent repeal of the estate
tax. Alexander said that at a minimum, NCBA
supports extending the exemption level to $5
million per person and retaining the top rate of
35 percent until permanent repeal is
achievable.
Click here for
more.
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Good
Management Can Help Alleviate the Effects of
Drought Stress in Cattle
With
the drought continuing to linger, the stresses
affecting cattle herds continue to multiply.
Dr. Harold Newcomb, technical
services manager for Merck Animal Health, says the
impacts are readily apparent in the feed available
to the animals.
"We've seen a lot of dry
conditions and that has caused a decrease in the
quality and amount of forage that these animals
are being exposed to. We've seen a decrease in the
quality of grain. So, all of this translates into
an animal that has, probably, a weakened immune
system. It's not able to operate for optimum
production."
Obtaining and feeding
high-quality forage and feed is the obvious
solution, Newcomb said, but that is not always
easy to do given the length and breadth of the
drought. When that is the case, he said, solid
management decisions can lessen the
impact.
"Efficient management is
going to pay for some of it. When you look at
that, you've got to look at ways to optimize your
animal health program."
Click here for the latest Beef Buzz
with Dr. Newcomb and his suggestions for
alleviating drought stress in
cattle.
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'Extreme
Beans' App Gives Farmers Easy Input Cost
Evaluation Tool
Ever
wonder whether it's worth it to apply a fungicide?
How about the most cost-effective seeding rate?
The national Soy Checkoff has put that information
in the palm of your hand.
A new app
developed by the United Soybean Board (USB)
includes two calculators that help farmers plan
for their next crop. One helps users determine
whether the yield benefits of various input
combinations justify the costs. The other uses the
main maturity rates for a farmer's region, the
cost of soybean seed and an estimated price of the
soybeans at the time of sale to determine an
optimal seeding rate based on a percentage of
return.
The app also includes documents and
videos that describe the research behind each
tool.
"This is a really easy way for
farmers to get an idea about seeding rates for
soybeans based on both the cost of the seed and
the price of the harvested grain," says
Seth Naeve, lead investigator and
associate professor of agronomy and plant
genetics, University of Minnesota. "It's a way for
them to utilize that information together to
provide them with a numerical suggestion for
seeding rates."
You can read more about the "Extreme
Beans" app by clicking
here.
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For
the Second Time in Three Years- OSU Claims
National Livestock Judging
Championship
For
the second time in three years- the
Oklahoma State University Livestock
Judging Team has won what is considered
the National Championship of Collegiate Livestock
Judging that is held at the North American
International Livestock Exposition each November
in Louisville, Kentucky. Steeped in history, the
first National Collegiate Judging Contest was held
in 1900, the inaugural year of Chicago's
International Live Stock Exposition. The winning
team came from the University of Illinois, and the
high individual was from the University of
Wisconsin. Since 1900, the contest has taken place
annually except for 6 years when the International
was canceled (1914-15, 1942-45). The contest
remained in Chicago until 1975, the last year of
the historic International Live Stock Exposition.
Since 1976, it has been held in Louisville,
Kentucky, in conjunction with the North American
International Livestock Exposition.
The winningest team over the lifetime
of the competition is Iowa State University with
20 titles- many of those in the early years of the
contest. Oklahoma State University is one of the
perennial powers in the contest in recent years
and has now won 17 national titles with the 2012
Championship. In fact, OSU, along with Texas Tech
and Texas A&M, have dominated the Contest
since 2001, with each of these school winning four
times each over the last 12 years.
The
OSU squad won by 9 points over second place
Colorado State University. Click here for details about how
the individual Cowboys performed as they won the
2012 Championship.
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Cattle
on Feed Preview As Seen by Allendale
The
monthly Cattle on Feed numbers will be released
this coming Friday afternoon by the USDA- at 2 PM
central time. Rich Nelson of
Allendale offers these thoughts ahead of the
cattle feedlot count-
"October
Placements are expected to be 8.9% lower than last
year. At this time of year, sale barns are full of
freshly weaned calves that go either to the
feedlot or to winter wheat pastures and
overwintering programs. Neither of those options
look good right now. Even with a $4 rise in cash
cattle prices in October, back month futures were
still implying a loss for these new calves.
Feedlots would rather hold on to market ready
numbers than pick up new calves and feeders. On
the other hand, quality wheat pasture and cheap
forage materials are still hard to find. Cattle
placed in October will be marketed from March
through August.
"Allendale
anticipates a Marketing total 3.1% higher than
October of 2011. This was due to a calendar
adjustment higher for this month as there were 22
weekdays and 4 Saturdays. 2011 September saw 20
weekdays and 5 Saturday's. The unadjusted number
would imply marketing fell short of available
cattle numbers.
"Total
Cattle on Feed as of November 1 will be 4.9% lower
than last year. This is down from the October 1
survey which found 2.6% fewer cattle. Feedlot
supplies are tightening due to low placements, not
from active marketings."
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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