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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- click
here for the report posted yesterday afternoon
around 3:30 PM.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Canola
Prices:
Cash price for canola was
$8.16 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 Jim Apel and Tom Leffler-
analyzing the Futures Markets from the previous Day.
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
Presented
by
Your
Update from Ron Hays of RON
Tuesday, March 11,
2014 |
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
USDA
Announces Efforts to Expand Support for Small and
Mid-Sized Farmers and
Ranchers
In
remarks at the National Farmers Union National
Convention yesterday, Agriculture Secretary
Tom Vilsack announced new and
expanded efforts to connect small- and mid-sized
farmers and ranchers with USDA resources that can
help them build stronger businesses, expand to
reach new and larger markets, and grow their
operations.
"The recent
Census of Agriculture shows that there is
tremendous growth potential for small and
mid-sized producers in the American agricultural
landscape," said Vilsack. "USDA is taking a hard
look at our existing resources to ensure that they
work for producers of all sizes. We've adjusted
policies, strengthened programs and intensified
outreach to meet the needs of small and mid-sized
producers. These producers are critical to our
country's agricultural and economic
future."
Efforts include improved access to
USDA resources, revised risk management tools that
better fit the needs of smaller producers,
additional support for hoop houses, and expanded
collection of valuable market news information.
USDA is also introducing a series of education
tools focusing on opportunities for farmers
engaged in local and regional food systems. In
addition, USDA field staff will be boosting their
outreach efforts to small and mid-sized farmers
and ranchers.
More information about tools
and resources available to small and mid-sized
farmers will be rolled out in the coming months,
including information about access to capital,
risk management, food safety, and locating market
opportunities.
Among
the initiatives announced yesterday:
--Funding
for producers under the popular microloan program.
USDA launched the microloan program to allow
beginning, small and mid-sized farmers to access
up to $35,000 in loans using a simplified
application process.
--Developing
tools to help small and midsized farmers and
ranchers make sound financial decisions as they
plan for their future.
Click here to read the rest of
this story and to listen to Tom Vilsack's remarks
to the NFU.
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The
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
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|
Latest
WASDE Report: U.S. Corn Exports Higher on Stronger
World Demand
The
USDA released its latest World Agricultural Supply
and Demand report Monday, with corn exports
projected 25 million bushels higher on stronger
world imports and the rising pace of shipments in
recent weeks. Continued strong export sales also
support the higher
figure. Projected corn ending
stocks were lowered 25 million
bushels.
U.S. soybean supply and use
projections for 2013/14 include higher imports and
exports, reduced crush, and reduced ending stocks
compared with last month's report. Soybean exports
are raised 20 million bushels to a record 1.53
billion reflecting continued strong sales and
shipments through February.
U.S. wheat
2013/14 ending stocks were unchanged in Monday's
report at 558 million bushels compared with USDA's
previous estimate of 558 million bushels. Analysts
had a expected a figure of 568 million
bushels.
Click here for a link to the full
report and for a video analysis from Allendale's
Rich Nelson.
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Winter Wheat and Winter
Canola Ratings a MAJOR Worry as the Crop Struggles
to Come Out of Dormancy
Another
winter storm brought snow, sleet and freezing rain
to Oklahoma last week. North Central Oklahoma
received the most snow, with localized reports as
high as 5-7 inches in parts of Grant and Alfalfa
Counties. According to the most recent Drought
Monitor, Oklahoma drought conditions are holding
steady compared to the previous week because of
the small amounts of moisture received. However-
of convern- we are substantially drier in our top
soil ratings this week compared to one year ago.
All
small grains were rated mostly fair to poor.
Seventy percent of the winter wheat crop was in
fair to poor condition. Jointing reached
five percent by Sunday, 12 points behind the five
year average. There's also a lot to
worry about with the 2014 winter Canola crop- with
86% of the crop in Fair to Very Poor
Condition.
(Click here for the full Oklahoma
Crop Weather report.)
In
Texas, wheat suffered from the effects of
cold temperatures in the Northern Low Plains and
in the Cross Timbers area. Sixty-five
percent of the crop was listed in fair to good
shape. (The Texas report is available by clicking here.)
Eighty
percent of the winter wheat crop in Kansas was
listed in fair to good shape after a week of
below-normal temperatures and snow and ice in
wheat-producing areas. (Click here for the full Kansas
Crop Progress report.)
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Derrell
Peel Says Slaughter Cow Market Following
Seasonal Pattern...Only More
So
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist writes in
the latest Cow-Calf Newsletter:
Boning
cow prices in Oklahoma City were reported at just
over $102/cwt. in the first week of March. This
level suggests that March slaughter cow prices
will exhibit a more than seasonal price increase.
Cull cow prices typically advance from November
lows to a May peak that averages nearly 19 percent
higher than November price levels. Slaughter cow
prices in January averaged $89.06/cwt. (OKC),
close to the average seasonal increase of nearly 6
percent over November prices. February cull cow
prices averaged $97.19, a slightly more than
seasonal increase of nearly 15 percent over the
November price. March appears to be continuing the
uptrend with current prices already well above
seasonally projected price levels for March
compared to November.
All
of this follows unusually strong cull cow prices
in the second half of 2013. Relative to the 2013
annual average price of $84.38/cwt. for boning
cows in OKC, prices from August through the end of
the year were all above seasonal levels. The
November price of $84.63/cwt. was not the seasonal
low for the year (January was the low at
$80.63/cwt.) and was some $8/cwt. above typical
seasonal November lows compared to the annual
average price. There have been times in the past
when a stronger than expected fall cow price is
offset by a weaker than expected seasonal price
increase into the following spring. Such is not
the case this year with cull cow prices increasing
at or above seasonal levels so far in
2014.
You'll
find the rest of Derrell's analysis by clicking here.
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OSU
Cooperative Extension Celebrates 100 Years with
Historic Whistle Stop
Reenactment
Oklahoma
will experience a blast from the past with a
modern twist April 12 with the Oklahoma
Cooperative Extension Service's Centennial Whistle
Stop and Festival in Wellston.
"In the
early 1900s, trains were the modern way to travel
and early Extension agents were allowed to 'ride
the rails,' going from town to town presenting
demonstrations and showing people how they might
improve the quality of their lives by making use
of the latest science-proven advances, practices
and products," said James Trapp,
OCES associate director.
A train coming
into town was sometimes referred to as a "county
fair on wheels." As part of its centennial
celebration, Extension is conducting an historic
reenactment of the type of whistle stop tours that
took place in 1914.
The 10:30 a.m. to 4
p.m. outdoor event is open to the public and free
of charge. It will take place at the Rock N Rail
yard, located off Highway 66 east of Wellston.
Lunch will be provided to the first 500 guests.
Click here for more
information.
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Diamond
Hats Have Big Plans for 2014
OYE
Beth
Norvell is the current President of the
Diamond Hats- a ladies support group for the young
people who show livestock at the Oklahoma Youth
Expo. Beth and the ladies of the Diamond Hats have
multiple irons in the fire at this year's OYE- and
she dropped us an email the other day which
offered me a reminder about how busy these ladies
are- and I wanted to share it with you.
First off- Beth tells us
about the seventh annual "This One's For
the Girls." She says "our focus this year is to
"Give Bullying the Boot". We will have Miss
Oklahoma 2011 and Miss America 1st Runner Up,
Betty Thompson Richey join us as
well as State Representative Lee
Denney. Miss Richey will speak to
the girls as well as do an interactive portion of
the program entitled "Stomp Out Bullying" in which
she teaches the audience members a portion of her
Irish Dance. Representative Denney has a
particular interest in our theme as she has
authored and supports anti-bullying legislation in
the Oklahoma Legislature.
"This One's for the Girls takes place on
Tuesday, March 18th from 3:00 to 5:00 p.m. in the
Barn 3 Sales Pavilion. We welcome you to
join us.
"Also, once again this year, we are
challenging 4-H Clubs and FFA Chapters to donate
their animals to support "Beef for Backpacks" and
"Pork for Packs" through the Regional Food Bank.
In order to encourage exhibitors to donate
their animals, we are offering a few awards to the
club or chapter that accumulates the most points
(we have a point system in place) for donating
their animals.
"The winning club or chapter will be
announced at the beginning of the Sale of
Champions (approximately 4:00 p.m.) on Friday,
March 21st.
"Finally, we are once again hosting our
silent auction during the Sale of Champions.
All of the proceeds from the auction go
directly to supporting young people in the sale.
We are currently gathering auction items.
Anyone who wishes to donate an item bring it to
the fairgrounds during OYE and leave it at the
main show office in the Super Barn."
We have more on our website- click here for the story.
Our multi-platform coverage of the
2014 OYE is powered by Devon, where Commitment
Runs Deep- and by OYE Title Sponsor
McDonalds.
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NFU
President Roger Johnson Reelected- Kansas Farmers
Union President Picked as National
Veep
Delegates
at the National Farmers Union
(NFU) 112th Anniversary Convention re-elected
Roger Johnson president of the
organization and Donn Teske,
Kansas Farmers Union president, NFU vice
president.
Johnson
is NFU's 14th president, a position he has held
since 2009. Johnson hails from a family farm near
Turtle Lake, N.D., and grew up as an active member
of Farmers Union. Prior to his post at Farmers
Union, he was the North Dakota Commissioner of
Agriculture.
"I
am so humbled by the faith and trust the delegates
have shown by electing me vice president," said
Teske. " I'll do my best to help President Johnson
move the organization forward under the direction
of the grassroots policy formed here today.
Teske
was elected from a field of three candidates, and
replaces former NFU Vice President Claudia
Svarstad, who did not seek re-election.
Teske
has served as Kansas Farmers Union president since
2000 and is a fifth generation farmer in northeast
Kansas.
Policy
debate is underway at the meeting in Santa Fe- and
will conclude later today at their 112th annual
convention. |
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God Bless!
You can reach us at the following:
phone: 405-841-3675
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Oklahoma Farm Bureau is Proud
to be the Presenting Sponsor of the Ron Hays Daily
Farm and Ranch News Email.
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