From: Hays, Ron
Sent: Tuesday, February 12, 2013 9:32 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update


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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.



We have a new market feature on a daily basis- each afternoon we are posting a recap of that day's markets as analyzed by Justin Lewis of KIS futures- and Jim Apel reports on the next day's opening electronic futures trade- click here for the report posted yesterday afternoon around 5:30 PM.



Okla Cash Grain:  

Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture.


Canola Prices:  

Cash price for canola was $10.89 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.


Oklahoma's Latest Farm and Ranch News


Your Update from Ron Hays of RON

   Tuesday, February 12, 2013




Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 

Featured Story:

beefandporkBeef and Pork Exports Set New Records in 2012, Phil Seng of USMEF Says 


U.S. beef and pork exports set new value records in 2012, topping highs set in 2011, according to end-of-year statistics released by USDA and compiled by the U.S. Meat Export Federation (USMEF).

The achievement was more significant in light of challenging export conditions that included non-science-based trade barriers in several key markets and an anemic economy in certain regions.

"The export markets are a critical profit center for the industry at a time when the industry is challenged by high input costs and, on the beef side, a historically low herd size," said Philip Seng, USMEF president and CEO. "2012 saw record highs for per-head export values for both pork and beef at a time when those returns were sorely needed by producers."

Pork exports set both volume and value records last year, reaching 2.26 million mt - up a fraction from the record set in 2011 - valued at $6.3 billion, a 3.5 percent increase over the prior year's record.

The per-head export value of U.S. pork exports set another record in 2012, reaching $55.87, up 1 percent from 2011. For the year, exports accounted for 27 percent of total pork production and 23.4 percent of pork muscle cut production versus 27.5 percent and 23 percent, respectively, in 2011.

The value of beef exports for the year rose 2 percent to a record-high $5.51 billion on 12 percent lower volumes (1.13 million mt).

The per-head export value for beef hit $216.73, a $10.36 increase over 2011. Contributing to that was a new monthly record value of $242.65 set in December.

 You can read more of this story by clicking here.






Sponsor Spotlight


We are proud to have P & K Equipment as one of our regular sponsors of our daily email update. P & K is Oklahoma's largest John Deere Dealer, with ten locations to serve you.  P&K is also proud to announce the addition of 6 locations in Iowa, allowing access to additional resources and inventory to better serve our customers. Click here for the P&K website- to learn about the location nearest you and the many products they offer the farm and ranch community.  



We 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 clicking here.   






agsecretarytradeAg Secretary, Trade Rep Respond to Russia's Suspension of U.S. Meat Exports 


United States Agriculture Secretary Tom Vilsack and United States Trade Representative Ron Kirk issued the following statement in response to Russia's suspension of U.S. meat imports as of February 11, 2013:

"The United States is very disappointed that Russia has taken action to suspend all imports of U.S. meat, which is produced to the highest safety standards in the world. Russia has disregarded the extensive and expert scientific studies conducted by the international food safety standards body, the Codex Alimentarius Commission (Codex), which has repeatedly concluded that animal feed containing the additive ractopamine is completely safe for livestock and for humans that consume their meat. Russia's failure to adopt the Codex standard raises questions about its commitment to the global trading system. Despite repeated U.S. requests to discuss the safety of ractopamine, Russia has refused to engage in any constructive dialogue and instead has simply suspended U.S. meat imports. The United States calls on Russia to restore market access for U.S. meat and meat products immediately and to abide by its obligations as a Member of the World Trade Organization."  


We have more details on this move by Russia to shut down our meat exports as of yesterday- click here to listen to our morning farm and ranch news for comments from Phil Seng of the USMEF- as well as some of the claims being made by the Russians.  






kimandersonreceivesKim Anderson Receives Wheat Commission's 'Staff of Life' Award


Oklahoma Wheat Commission board and staff presented the Oklahoma Wheat Commission's "Staff of Life" award to Dr. Kim Anderson last Friday evening at the Oklahoma Crop Improvement Banquet. Anderson is a professor of Agricultural Extension and Economics at Oklahoma State University (OSU) and has spent numerous years working on projects to help make the Oklahoma wheat producer and elevator owner/manager more profitable when selling grain into both the domestic and export markets.

The "Staff of Life" award is the highest award honor given by the Oklahoma Wheat Commission to an individual who meets the criteria of dedicating many hours of service to our wheat industry in order to help make the Oklahoma wheat producer more profitable.

"Dr. Anderson has spent countless years of service in many different areas for Oklahoma Wheat producers. He has spent several hours helping the wheat producer or elevator owner/managers market grain while teaching grain grading schools. Each year he is responsible for the Oklahoma Junior/Wheat Show competition that 4-H and FFA students take part in from all over the state. He has also made a lasting impression on any of his students that walk through his classroom, making sure they have the skills they need--to be successful in the field of agriculture, after they graduate OSU," said Mike Schulte, Executive Director of the Oklahoma Wheat Commission. "It is clear to see why the Oklahoma Wheat Commission Board felt he was deserving of this award. One can look back on his career and certainly say he has made a difference," said Schulte.  




manmadefibersMan-Made Fibers Continue to Offer Stiff Competition for US Cotton


National Cotton Council economists say cotton's 2013 outlook will be influenced by China's policy decisions and continued competition from man-made fiber.

Dr. Gary Adams
, the NCC's vice president Economics & Policy Analysis, told delegates at the NCC's 75th Annual Meeting in Memphis today that recent data on fiber market share clearly demonstrates the many challenges in terms of competition from man-made fibers that the cotton industry faces in 2013.

According to Adams, "Measured on the basis of pounds of cotton fiber, the 2012 U.S. retail cotton market fell to the lowest level since 1996, amid a 4th consecutive year of declining market share." Calendar 2012 retail cotton consumption is estimated to be the equivalent of 17.0 million bales of fiber.

In part, the loss in market share is the result of cotton prices that have been noncompetitive with polyester. As raw fiber prices have moderated in recent months, cotton textile products also have become more competitive with man-made fiber products. Assuming these relative prices continue at levels comparable to current values, market share is projected to stabilize, leading to a modest growth in cotton net domestic consumption for 2013. 


Click here to read more.   




usdareleasesUSDA Releases Latest Baseline Assumptions- See Falling Feed Grain Prices and Rebuilding Beef Cow Numbers


USDA Agricultural Projections to the year 2022 were released on February 11. These assumptions provide long-run projections for the farm sector for the next 10 years. These annual projections cover agricultural commodities, agricultural trade, and aggregate indicators of the sector, such as farm income and food prices.

Among the important assumptions for the projections were: 

  • Global economic growth reflects steady gains.
  • Increases in world population continue to slow. 
  • Population gains in developing countries--along with higher incomes, increased urbanization, and expansion of the middle class--are particularly important for growth in global food demand.
  • Continued global expansion of biofuels further adds to world demand for agricultural products.

Key results in the projections include the following:


  • Prices for major crops decrease in the early years of the projections as global production responds to recent high prices. In the case of corn, the farm price of corn drops below five dollars a bushel in a couple of years to an average of $4.10 for the 2014/15 crop year- and it never gets back above the five dollar mark again for the next seven years that follow.
  • Total U.S. red meat and poultry production is projected to fall in 2013 in response to lower producer returns and drought in the Southern Plains of the United States over the past two years. Meat production then increases in response to improved returns and improved forage supplies.

There's more to this story on our webpage.  Click here to go there.



oklahomabeefcattleOklahoma Beef Cattle Producers Face Critical Decisions


Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist writes in the latest Cow-Calf Newsletter:

Oklahoma beef cow numbers fell a modest 1.3 percent in 2012 to 1.754 million head. The latest inventory of beef replacement heifers was down sharply at 12.5 percent below the revised 2012 figure. The inventory of beef replacement heifers was 280,000 head, which represents just under 16 percent of the beef cow herd. This is the lowest replacement heifer percentage in Oklahoma in more than 20 years. Relative to the national numbers, it appears that Oklahoma managed to hold onto more beef cows in 2012 but kept fewer potential replacement heifers. This will affect how Oklahoma is poised for developments in 2013.

Critical drought conditions continue, with the entire state in D2-D4 categories (Severe to Exceptional) on the Drought Monitor. 90 percent of the state is rated D3 or D4, Extreme or Exceptional drought. Soil moisture is severely depleted across much of Oklahoma. Oklahoma entered this winter with 69 percent of pastures and ranges in poor or very poor condition. Total hay production in Oklahoma the last two years has been 63 percent of average leading to December, 2012 hay stocks estimates that are also 63 percent of average, the lowest state level since 1984. 

For many cattle producers, lack of water is a more critical factor than feed and forage availability.   Dry ponds and cattle stuck in the mud trying to reach low water are two common problems reported across Oklahoma. Some producers that have been relying on rural water districts to water livestock are being restricted to household use only because of low water supplies in those systems. The stock water situation means that it is not merely a question of receiving rain soon but receiving the right kinds of rain to replenish water supplies. It will likely require 2-4 heavy rains in a relatively short time period to produce runoff to recharge ponds.

You can read more by clicking here.




NamesNames of Note- Richard Gebhart, Brett Morris and Dana Peterson 



In Tampa this past week- Oklahoma achieved something that has not been accomplished for a long time- if ever.  Over the next year, Oklahoma cattle producers will have not one but two of their own sitting on the Operating Committee for the dollar a head Beef Checkoff. From the Federation side- the side that represents certified state beef councils- Richard Gebhart will set as a co chair of the Operating Committee as the Chairman of the Federation Division of the National Cattlemen's Beef Association. Gebhart is a Rogers County Hereford rancher and operates the Langley-area Beacon Hill Ranch, which has been a family owned Hereford ranch since 1909. 


From the checkoff side- Brett Morris of Ninnekah, Ok will be one of ten CBB members sitting on the Beef Promotion Operating Committee in 2013. Brett is a third-generation dairy farmer and runs a dairy, cow/calf and stocker operation, as well as the Washita Fertilizer Company, in partnership with his father.


The Beef Promotion Operating Committee was created by the Beef Promotion Research Act to help coordinate state and national Beef Checkoff Programs. The 20-person committee includes 10 members of the Cattlemen's Beef Board, with the  other 10 members appointed from the Federation of State Beef Councils.  




Word came from the National Association of Wheat Growers President Erik Younggren that NAWG Executive Director Dana Peterson is resigning from her position with the Wheat Growers. Younggren issued a statement that said in part "National Association of Wheat Growers Chief Executive Officer Dana Peterson has voluntarily resigned due to personal circumstances, effective Friday, Feb. 8, 2013.

"I have formed a search committee to find a new CEO. In the interim, NAWG policy calls for the president of the Association to serve as CEO, and I am fulfilling that role."


Click here to read more of the statement from the NAWG office on this decision by Dana Peterson.  





Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, American Farmers & Ranchers CROPLAN by Winfield,  the Oklahoma Cattlemens Association and
KIS Futures for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked here- just click on their name to jump to their website- check their sites out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis- FREE!


We also invite you to check out our website at the link below to check out an archive of these daily emails, audio reports and top farm news story links from around the globe.

Click here to check out WWW.OklahomaFarmReport.Com 



God Bless! You can reach us at the following:

phone: 405-473-6144



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