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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.
Canola
Prices:
Current
cash price for canola is $12.35 per bushel at the Northern
Ag elevator in Yukon, as of the close of business
yesterday.
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
Friday, August 24,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
No
Surprises on Day Four of the Pro Farmer Midwest
Crop Tour
The
Pro Farmer Midwest Crop Tour is
done- and the scouts spent their final day in Iowa
and Minnesota. The corn crop in those two
states is smaller than a year ago because of the
drought- but the drop off is not as severe as was
seen in Ohio, Indiana and Nebraska earlier in the
tour. The Iowa corn crop is pegged at just
over 137 bushels per acre- off 20% from the three
year Pro Farmer Tour Average- while Minnesota
checks in at 156 bushels per acre- off 14% from
that three year average. As we monitored the tour
via twitter yesterday afternoon- one of the scouts
offered this comment after several stops in
southern Minnesota- "What drought? After 7
stops, my car's corn average is 167.3 bpa versus
last years 168.8 and the 3 year avg of
174."
The
tour did not attempt to estimate yields on
soybeans- but both of these states saw fewer pods
counted in three foot by three foot sections
compared to previous years- Iowa off 20% on their
pod count and Minnesota off 16%- this suggests
lower yield potential compared to average as well.
Pro
Farmer will release their best guess as to the
overall size of the corn and soybean crops later
today- using data from the Tour as well as other
factors they will add in- it will be interesting
to see how much smaller their yield estimates are
compared to USDA's August numbers- if any when
they offer their best guess.
I
still like what Chip Flory of Pro
Farmer offered earlier in the week- USDA already
has told us that we have a smaller crop- this tour
is simply confirming that- "Honestly, this is all
we really need to know about the 2012 crops:
They're too small. We're not going to produce
enough corn or soybeans to meet all the potential
demand."
Click here for the final Iowa
numbers from this week's crop tour- and click here for the Minnesota
estimates as developed by the crop scouts.
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Sponsor
Spotlight
We are pleased to
have American Farmers & Ranchers
Mutual Insurance Company as a
regular sponsor of our daily update. On both
the state and national levels, full-time staff
members serve as a "watchdog" for family
agriculture producers, mutual insurance company
members and life company members. Click here to go to their AFR
website to learn more about
their efforts to serve rural
America!
We
welcome 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 more information about
the rapidly expanding winter canola
production opportunities in Oklahoma.
CROPLAN has had three varieties in the winter
canola trials this year- all three Glyphosate
resistant- HYC115W, HYC125W and HYC154W. Click here for more information on
the CROPLAN Genetics lineup for winter
canola.
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Canola
TV-Canola Crop Insurance Deadline
Looming
Bambi
Sidwell of Sidwell Insurance says
the deadline is fast approaching for producers to
insure their 2012-2013 canola crop. The deadline
is August 31 and Sidwell says the price is now
set.
"The price is .272 cents per pound
which equates to about $13.60 a bushel so now we
can run firm quotes if producers are wanting to
know what the cost is per acre for the different
plan designs."
She said producers thinking
about planting canola need to check with their
crop insurance agents now to determine proper
coverage before the planting window opens. She
said producers must commit to a plan before August
31st. If, for some reason, the producer does not
plant canola after all, there is no obligation to
pay for the insurance.
It is also important
to keep in mind that the crop must be planted
between September 10th and October 10th, but there
is a five-day late planting window that extends
the deadline to October 15th.
Click here to watch the latest
edition of Canola TV. You can also watch
previous programs by clicking here.
CanolaTV
is a service of PCOM- Producers Cooperative Oil
Mill.
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Ethanol
Groups Praise Romney/Ryan Energy Plan
Two
organizations representing the ethanol industry
applauded the comprehensive approach of the
Romney/Ryan energy plan.
Bob
Dinneen, president and CEO of the
Renewable Fuels Association said, "We applaud
Governor Romney's commitment to domestic renewable
fuels and his recognition of the importance of the
RFS. The RFS is helping to reduce America's
reliance on imported oil and create hundreds of
thousands of jobs all across rural America. By
working to remove barriers to market access for
renewable fuels, as Governor Romney suggests,
America can help spur an economic recovery while
securing our energy future. We look forward to
hearing more details of Governor Romney's energy
ideas as the campaign continues." (Click here for more from the
RFA.)
Brooke
Coleman, executive director of the
Advanced Ethanol Council, echoed Dinneen's support
and said, "First generation biofuels are already
competitive with petroleum-based fuels, and next
generation biofuels are coming online as we speak.
The RFS and market access are two critical pieces
of the puzzle when it comes to the ongoing
development of the domestic biofuels industry."
(Read more from the AEC by clicking here.)
Click here to read Governor
Romney's energy plan.
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Pfizer
Animal Health Support Advances U.S. Farmers &
Ranchers Alliance
U.S.
Farmers & Ranchers Alliance (USFRA) announced
that Pfizer Animal Health has joined USFRA,
becoming the first animal health company member of
USFRA's Premier Partner Advisory Group.
"It is important that the agriculture
industry joins together for the common goal of
building public trust in the U.S. food system,"
said Bob Stallman, president of
the American Farm Bureau and chairman of USFRA.
"USFRA is proud to have partners like Pfizer
Animal Health supporting our mission of enhancing
consumer trust, maintaining and enhancing the
freedom of U.S. farmers and ranchers to operate in
a responsible manner, and strengthening
collaboration within the food production,
processing and distribution
systems."
As
a member of the Premier Partner Advisory Group,
Pfizer Animal Health has a seat on the USFRA
board, the Chief Executive Officer Advisory
Council and an opportunity to participate in USFRA
committees/task forces, annual meeting and
educational activities.
You
can read more of this story on our website by clicking here.
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Edwards
Discusses Wheat Variety Selection in New Video
With
wheat planting just days to weeks away in some
parts of Oklahoma, Oklahoma State University Small
Grains Extension Specialist Dr. Jeff
Edwards has posted a video discussing
variety selection. You can watch the video by clicking here.
Edward
says selecting the right variety is important
because it sets the yield potential for the crop
and then determines the management practices
necessary for maximum yields.
"If you don't
start with a good variety, it kind of minimalizes
or marginalizes many of the other management
actions you'll take throughout the season."
Edwards
says variety selection should be made on a farm by
farm and field by field basis. He recommends two
Extension publications to help producers compare
varieties which may be suitable for their needs,
CR 2143 Small Grains Variety Performance Tests and
PSS-2142 Wheat Variety Comparison Chart. A link to
both is available on our website; go there by clicking here.
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How
Cool is This? John Deere Imagines a Typical
Morning Down on the Farm
How
will farming change in the future? Only one thing
is certain: technology will continue to change how
we farm.
John Deere has produced a video
predicting what tomorrow's farm will look like.
It's a really cool peek into what the farmer of
not too many years down the road may be doing to
manage his resources, people, time and
interactions with suppliers.
Of
course, one thing where the future has already
arrived is the ability of folks like yourself to
check out our daily email of the
latest agricultural news- which arrives on your
computer, Ipad, Iphone, Android or
Blackberry. For example- this
morning- from this email- you can click
and get video updates on Crop Insurance for
Canola- Ideas on Wheat Variety selection for 2012
as well as a chance to listen to our morning farm
news report that has aired on great radio stations
across the state on the Radio Oklahoma
Network. And- we have details on markets and
even a link to track rainfall as it arrives today
through the weekend.
It's
an exciting time to be in agriculture- and John
Deere reminds us that the future looks pretty
incredible as well!!!
Click here to see the
video.
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This
N That- New AgriTourism Resource, Rain Arrives and
Express- Pollard Reminder
The
Oklahoma Department of Food and Forestry has
launched a new monthly e-newsletter highlighting
agritourism destinations. It's called the
Agritourist- and you can sign up
for it by jumping over to the Oklahoma Tourism website's
Agritourism page and clicking on the "Sign Up
for Our E-Newsletter" graphic.
Of
course- there's a lot of great stuff on the
Agritourism website maintained by the ODAFF as
well- click here for that.
***********
As
we finish up the daily email this morning-
we have rain in western Oklahoma-
and pretty good chances for a good bit of rain
across a lot of Oklahoma before the weekend is
done. To help you keep track- here's a link for the Mesonet
Rainfall totals over the last twenty four
hours- this is realtime so it will roll over
as the weekend progresses- click here for a three day
version of that rainfall map which will help
you keep tabs on how rainfall piles up as the
weekend progresses.
***********
Express
Ranch has the Big Event getting underway
today and continuing on Saturday- Click here for our calendar
listing which gives you info on both the
Friday and Saturday sales.
Then
on Sunday- you can up Highway 81 for the Fifteenth
Production Sale of Pollard Farms-
offering a great set of Angus females- click here for the details of
this sale that starts at high noon on Sunday.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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