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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 $9.83 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 Leslie Smith 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, June 10,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
2014
US Corn Crop Off to a Better Start Than Last
Year
Early
reports continue to suggest the US will produce a
corn crop of superior quality comparable to the
record-production seen in 2013. The weekly
crop progress report issued by the US Department
of Agriculture reports 15 percent of the crop is
in excellent condition with 60 percent in good, 21
in fair and four in poor to very poor
condition. Emergence is also running of
normal with 92 percent of the nation's crop has
emerged, two points ahead of the five year
average.
"Now that the crop has
emerged and farmers are seeing it progress, the
picture of the overall condition is bright," said
NCGA President Martin Barbre.
"While the crop shows promise today, we are keenly
aware of the many challenges which might lie ahead
as the summer progresses. While many variables
exist, one fact is certain. America's corn farmers
are using the best and most sustainable practices
and most advanced tools to ensure a successful
crop in 2014."
To look at not just the
corn progress but a lot more- check out the
complete National Crop Progress report released on
Monday afternoon, just click here
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Sponsor
Spotlight
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
part of Farm Bureau.
A
new sponsor for 2014 for our daily email is a long
time supporter and advertiser as heard on the
Radio Oklahoma Ag Network- Stillwater
Milling. At the heart of the
Stillwater Milling business are A&M Feeds- and
for almost a century Stillwater Milling has been
providing ranchers with a high quality feed at the
lowest achievable price consistent with high
quality ingredients. A&M Feed can be found at
dealers in Oklahoma, Arkansas, Kansas and Texas.
Click here to learn more about
Stillwater
Milling!
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Latest
USDA Crop WeatherShows Improving Soil
Moisture
Measurable
rains are improving the outlook in
Oklahoma. In the weekly crop
weather report from the US Department of
Agriculture, topsoil and subsoil moisture has
greatly improved. Top soil moisture in very short
condition has improved to 17 percent, short at 28
percent, 50 percent in adequate and five percent
in surplus. Subsoil moisture has also improved
with 33 percent in very short condition, 38 in
short, 28 percent in adequate, 1 percent surplus.
The wet weather is delaying the harvest of winter
wheat and canola. Twenty six percent of the winter
wheat crop is harvested and half of the state's
canola crop has been harvested, ahead of last
year.
Click here for the full Oklahoma
report.
Many
areas of Texas also received
rainfall last week, which is improving pasture and
rangeland conditions. In many areas forage
remained in good to excellent condition. Emerging
cotton was damaged in areas of the Southern High
Plains due to a recent hail storm. Wheat harvest
continues across much of the state with harvest 30
percent complete.
For
the full Texas report click here
Soil
moisture conditions are also improving across
Kansas. Wheat harvest is waiting
to get started in Kansas. Thirteen percent of the
crop is mature and coloring is at 64 percent,
which is ahead of last year, but behind average.
For
more you can read the full Kansas report by
clicking here.
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New
Oklahoma Beef Ambassador Touts Beef's Great Story
Young
ag leaders demonstrated their skills as
outstanding representatives in the Oklahoma Beef
Ambassador Program by taking top honors in
statewide competition.
In the Senior
division, Kalyn McKibben of
Wyandotte and Shelby Downs of
Summer, TX , who is a student a Oklahoma State
University finished first and second. In the
Junior division, Paige Garza of
Yukon, Will Shelby, Madill,
Sydnee Gerken, Kingfisher, took
the top three spots. In the Novice division,
Hattie Haynes of Weatherford, Kaden
Hartin of Stuart and Victoria
Gerken, Kingfisher, bested their
competition.
In the media interview
portion of the competition, McKibben talked with
me about the great story we have to tell consumers
about beef.
Click here to listen to
McKibben's interview.
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Farm
Service Agency County Committee Nomination Period
Begins June 15th
Agriculture
Secretary Tom Vilsack announced
today that the nomination period for local Farm
Service Agency (FSA) county committees begins
Sunday, June 15, 2014.
"County committees
are a vital link between the farm community and
the U.S. Department of Agriculture," said Vilsack.
"I hope that every eligible farmer and rancher
will participate in this year's county committee
elections. Through the county committees, farmers
and ranchers have a voice; their opinions and
ideas get to be heard on federal farm
programs."
Vilsack added, "We've seen an
increase in the number of nominations of women and
minority candidates, and I hope that trend
continues."
To be eligible to serve on an
FSA county committee, a person must participate or
cooperate in a program administered by FSA, be
eligible to vote in a county committee election
and reside in the local administrative area where
the person is nominated.
Click for more details.
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Peel
Advises Producers on 2014 Calf Marketing Decisions
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow/Calf Corner
newsletter
Calf prices are at
record levels and will remain very strong the
remainder of 2014 and beyond. Cow-calf producers
will enjoy record revenues and, for many, record
net returns for the cow-calf enterprise. In
drought areas, many producers continue to incur
additional feed costs that will reduce net
returns, even at record calf prices, and, more
importantly, many producers have reduced herd size
resulting in fewer calves to sell and leading to
reduced ranch returns, even with record per head
profitability. With calves bringing record prices,
it may be tempting for cow-calf producers to
become a bit complacent about calf marketing.
Producers may see unprecedented calf revenues with
little effort but it is important to take
advantage of the opportunities in the current
market to maximize net returns.
One
consideration is whether to sell calves at weaning
or consider retaining stockers for additional
weight gain. Selling calves at weaning may be the
best option but other opportunities should be
evaluated. Remember that cow-calf and stocker
producers are not so much in the cattle business
as in the forage business and the relevant
question is how to market forage to its best
value. At current prices, the value of added
weight gain for lightweight feeder cattle is well
over $1.00/pound. At any point in time, the value
of added weight gain will depend on the weight of
calves at weaning, corn prices and other market
factors. Against this, producers should consider
the quantity and quality of feed resources
available, other potential uses of those feed
resources, and labor and management considerations
which will influence the cost of gain for retained
stockers. Retaining stockers is not an all or
nothing consideration and producers should
evaluate the opportunities relative to size and
gender. For example, it make sense to sell the
heavy end of the calf crop at weaning and retain
the lighter calves for additional weight gain or
sell the steers and keep the heifers (see below).
In 2014, producers may sell weaned calves for more
money than ever before but there may be even
better returns by retaining some calves for added
weight gain.
Click to read the full article.
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Pork
Production Needs to Double by 2050
With
meat, milk, and egg prices reaching record levels,
we're already experiencing the effects of growing
population and increasing affluence at the
checkout counter. And a new report from
Elanco indicates we'll need 50
percent more pork by 2050!
In the next
few decades, the global population will reach 9
billion people, and more than 3 billion will enter
the middle class. In fact, the fastest period of
growth will occur in just the next 6 years. Elanco
assembled a team of experts to study this
situation, creating the Global Food Forward
Analysis, a model which has been validated by
Informa Economics and Global AgriTrends. The
latest report evaluates future demand for pork,
which is the most widely consumed meat in the
world.
Unlike milk and eggs,
availability of pork per person has doubled since
1961 from 5.4 oz to 10.7 oz per week. By 2050, the
analysis shows we will need about 1 more ounce per
person per week to meet global demand. While it
sounds simple, that means the industry will need
to increase production by 61 million tons to total
179 million tons!
To
read the rest of the article click here.
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A
Tip of the Hat to One of the Really Good Ones- Dr.
Tot
The
state of Oklahoma- the world of Agriculture and
especially animal agriculture has lost a good one
as word has come that Dr. Robert
Totusek passed away on Friday at the age
of 87.
For
the first thirteen years of my time here in
Oklahoma- Dr. Tot was the face of the Animal
Science Department at Oklahoma State University as
the Department Head. I arrived in 1977 to
help establish the Oklahoma Agrinet- Dr. Tot had
just become the head of the Animal Science
Department at OSU the year before that- he
remained in that role until retirement in 1990.
Dr.
Tot was a legend at OSU before stepping into the
Department Head position- having started at
Oklahoma A&M in 1952. He was one of the giants
in the Land Grant arena when it came to Animal
Science- and he had a major hand in making OSU an
elite institution in the world of animal science-
his work was so foundational- OSU remains one of
the best in the country in large measure because
of the underpinnings he helped put in place.
Since
1990, we have seen Bob Totusek at many different
venues- but especially each spring at the Oklahoma
Youth Expo- he loved that show- and he loved the
fresh crop of kids that came through the barns at
the state fair grounds.
A
lot of us will really miss seeing his smile and
exchanging greetings with this gentle
man.
Several
folks are working with the family and are planning
a Celebration of his life on June 23rd at the
National Cowboy and Western Heritage Museum in
Oklahoma City- at 2:30 PM.
Click here for the Obituary-
thanks to Dennis White for
getting that to us yesterday.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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Oklahoma
Farm Bureau is Proud to be the Presenting Sponsor
of the Ron Hays Daily Farm and Ranch News
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