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.
Our Market Links are
Presented by Oklahoma Farm Bureau
on RON Markets as heard on K101
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
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
here for the report posted yesterday afternoon
around 3:30 PM.
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
price for canola was $9.04 per bushel- based on
delivery to the Northern AG elevator in Yukon Dec. 19.
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.
Daily Market Wrapup from the Radio
Oklahoma Network with Jim Apel and Tom Leffler-
analyzing the Futures Markets from the previous Day.
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
Monday, December 30,
Governors Urge Administration to Reconsider
Proposed Reductions to
group of Midwestern governors, all members of the
Governors' Biofuels Coalition, have sent letters
to President Barack Obama expressing their support
for the Renewable Fuel Standard. These letters
come in response to the Environmental Protection
Agency's proposal which would scale back the
volume of renewable fuels required under the
Renewable Fuel Standard in 2014.
joint letter to the president, Environmental
Protection Agency Administrator Gina McCarthy and
Agriculture Secretary Tom Vilsack, Iowa Gov.
Terry Branstad, Kansas Gov.
Sam Brownback, Minnesota Gov.
Mark Dayton, Nebraska Gov.
Dave Heineman, North Dakota Gov.
Jack Dalrymple and South Dakota
Gov. Dennis Daugaard argue in
defense of the ethanol standard. The letter
stresses the importance of ethanol as it
diversifies America's energy portfolio, gives
consumers choices at the pump, supports economic
development in rural communities and reduces
harmful emissions across the
Providing evidence of their claims,
the governors point to an Iowa State University
estimate that says "corn prices alone could drop
19 cents per bushel based on the proposed rule,
which could bring corn prices below the cost of
production for many farmers. The proposed EPA rule
could also cause a ripple effect on agri-business,
our communities, and the entire
"Specifically, we hope that you
will encourage the EPA to increase the biodiesel
volume to reflect current production levels,
modify the cellulosic target to match production
expectations, and reinstate the statutory
conventional renewable fuel target since there is
clearly no domestic supply shortage."
separate letter to the president, Illinois Gov.
Pat Quinn directly requested that
the EPA reconsider the proposed rule. Quinn
stresses the economic and environmental importance
of ethanol while pointing to the role the
domestically-produced biofuel plays in providing
jobs in rural America.
Click here to read
presenting sponsor of our daily email is
the Oklahoma Farm
Bureau- a grassroots organization
that has for it's Mission Statement- Improving the
Lives of Rural Oklahomans." Farm Bureau, as
the state's largest general farm organization, is
active at the State Capitol fighting for the best
interests of its members and working with other
groups to make certain that the interests of rural
Oklahoma is protected. Click here for their
website to learn more about the
organization and how it can benefit you to be a
part of Farm Bureau.
is great to have as a regular sponsor on our daily
Enterprises- proud to be serving
agriculture across Oklahoma and around the world
since 1893. Service was the foundation upon which
W. B. Johnston established the company. And
through five generations of the Johnston family,
that enduring service has maintained the growth
and stability of Oklahoma's largest and oldest
independent grain and seed dealer. Click here for their
website, where you can learn more about
their seed and grain
Woodall- NCBA Members to Set Policy for the
Organization This February in
the latest Beef Buzz, NCBA Vice President of
Government Affairs, Colin Woodall
talks about the upcoming Cattle Industry
Convention and the grassroots policy making
process. The policy that is discussed and voted
upon by members at the February 2014 meeting in
Nashville will provide Woodall and his Washington,
DC based lobbying staff their marching orders for
the coming year as they represent cattle producers
in the halls of Congress and in dealings with the
Click here to listen in and to
find a link for more details about the upcoming
Cattle Industry Convention planned for the first
week of February in Nashville.
Economist Projects 2014 Grain Prices will be
Significantly Below Record
USDA released its monthly Crop Production and
WASDE reports earlier this month and Kansas State
University Extension Agricultural Economist
Dan O'Brien has been crunching
the numbers to see what they portend for grain
prices in 2014.
The reports made no major
changes in projected U.S. wheat market
supply-and-demand balances for the wheat crop in
the 2013/14 marketing year which ends May 31,
2014. O'Brien said competition from world wheat
export competitors, however, will impact U.S.
wheat exports, total use and ending stocks. These
impacts will, in turn, influence prices. He said
the countries which will are likely to have the
most impact on wheat prices will be Canada, the
Black Sea region countries, Australia, the
European Union and Agrentina.
In the latest reports, the
USDA figure for projected U.S. wheat ending stocks
stood at 575 million bushels for marketing year
2013/14. That was up 10 million bushels from the
previous report, but it was down 29.7 percent from
the MY 2012/13 average. The resultant prices for
the 2013/14 crop are expected to be in the $6.65
to $7.15 range. That's down from the record high
of $7.77 per bushel.
can read more of this story and find a link to Dan
O'Brien's full analysis by clicking here.
Beef Quarterly Q4: High Global Prices to Continue
as Supply Remains Tight
Rabobank Global Cattle Price Index has risen by 6
percent since June, driven by lower-than-expected
beef supply in the main exporting countries and
strong Asian demand, according to a new report
from the Rabobank Food & Agribusiness (FAR)
Research and Advisory group.
the report, supply will remain tight, especially
in 1H 2014, driven by lower feed costs, induced
herd rebuilding in the U.S. and the strong export
demand from Brazil and Argentina, which will
continue to support strong prices. In 2014,
Rabobank forecasts continued high prices while
global beef supply is expected to rise only
slightly, meanwhile China's demand for imports are
expected to increase. The recent announcements to
(re-)open import markets will benefit beef trade
Albert Vernooij says, "the
Rabobank Global Cattle Price Index improved
further in H2 2013, supported by both continuing
strong Chinese import growth and
lower-than-expected supply in the main export
markets making cattle prices mainly
Click here to read more of this
of the Minimum' Prioritizes Management
Locke, soils and crops consultant with
the Samuel Roberts Noble Foundation, writes in
their latest Ag News and Views
Justus von Liebig's Law of
the Minimum is an agronomic theory that states
yield is proportional to the amount of the most
limiting nutrient - whichever nutrient it may be.
As a soils and crops consultant, it means I am
going to tell you to collect and analyze soil
samples so we can identify the limiting nutrients
and recommend the appropriate fertilizers to
correct those limitations. As Noble Foundation
agricultural consultants have said many times,
"unless you test, it's just a guess." But I want
to encourage you to expand the Law of the Minimum
to more than just soil fertility and include all
facets of your operation.
identifying the factors that have prevented you
from fully reaching your goals. Once you list
these limiting factors, rank them according to
significance. Next, separate the items by those
that you can control and those you cannot. Make
plans to correct the most limiting factor that you
can control first, then continue through the list
of items you can reasonably accomplish. The list
may be long, so concentrate on those you can
expect to complete in one year.
Click here to read more from
U.S. Pork Promotion Makes Waves in
people of Taiwan love home-grown pork, but
high-quality American pork is becoming the media
darling in this meat-loving island nation of 23
U.S. pork typically goes into
processing in Taiwan, but a crowd of gourmet
bloggers and reporters from newspapers, television
and magazines showed that Taiwanese are hungry for
news about premium consumer-ready U.S. pork by
covering a U.S. Meat Export Federation (USMEF)
event produced with support from the Pork
Celebrity chef Chen of ShenYen
Teppenyaki entertained the assembled reporters
while serving samples of French-cut bone-in loin,
Boston butt and spareribs combined with local
ingredients in six delicious dishes. Interviews
with the chef discussing the attributes of U.S.
pork and his distinctive recipes were carried in
the many media outlets attending including the
China Post, Taiwan News, China Times, Commercial
Times and SET-TV.
ingredients is a delightful experience," said Chef
Chen. "You know that they are special and
different from other ingredients."
can read more of this article on our website by clicking here.
and Pig Numbers Slide One Percent Nationally-
Oklahoma Market Hog Numbers Slip by 17%
final big livestock report of 2013 showed all hogs
and pigs on December 1, 2013 totalling 65.9
million head. This was down 1 percent from
December 1, 2012, and down 2 percent from
September 1, 2013.
inventory, at 5.76 million head, was down 1
percent from last year, and down 1 percent from
the previous quarter. Market hog inventory, at
60.2 million head, was down 1 percent from last
year, and down 2 percent from last quarter.
sow herd remained stable in the latest report- at
420,000 sows residing in the state- but market hog
numbers dropped 17% from December first,
2012. The overall hog count in the state
dropped below two million head at 1.99 million
head- which dropped the state by one notch in the
states with the most hogs- in recent years- it has
always been eighth- in this report, Ohio slipped
ahead of Oklahoma on hog numbers- Ohio is now
eighth and Oklahoma stands in ninth place by US
states on hog population.
continue to debate how much impact the outbreak of
Porcine Epidemic Diarrhea Virus (PEDV) has had on
number of market hogs in the US- but in the case
of Oklahoma- that apparently is a significant
factor. By a couple of mesurements- Oklahoma
is the number three state in the testing positive
for the Virus- behind the two largest US hog
producing states of Iowa and North
Hog Industry Consultant Bob Brown
who is from Edmond, Oklahoma tells us that for
now-- while hog numbers are down- the industry is
making up for some of the pork loss by adding
pounds to hog carcasses- however, that solution
will only go so far before tighter supplies will
impact the market.
Click here to take a look at the
full USDA Hog and Pigs Report as released last
Friday afternoon- and Click here for the latest PEDV
infection numbers on a state by state and
weight group basis.
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