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.
Check the Markets!
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.
Cash price for canola was
$9.90 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
Daily Market Wrapup from the Radio
Oklahoma Network with Leslie Smith 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
Friday, June 27,
Community College is putting hands-on
learning back into the college classroom. The
Radio Oklahoma Network's Leslie Smith traveled on
Tuesday with participants on the Oklahoma
Cattlemen's Association Summer Ranch Tour to see
first-hand the unique educational experience in El
The two year
school has gained attention for the college's goat
breeding program lead by Sam
Nusz, who does close to 800 embryo
transfers a year for outside producers as well as
embryo transfer work for the college. The former
agricultural education teacher offers students a
chance to learn with their minds and their hands.
"What makes it so unique is the hands
on approach, everything is hands-on," Nusz said.
"The student gets to do basically everything from
packaging, to the processing, they get to see the
embryo transfer and its the biggest key deal that
we can bring the kids in."
attracts students from Oklahoma as well as about
15 to 20 states annually who come from across the
country to learn about meat goat reproduction.
Redlands isn't the only college in the nation with
this kind of breeding program, but with a
state-of-the art laboratory and the learning
opportunities students get, he believes its one of
the best programs around.
Click Here to read more about
this unique learning environment or to listen to
the interview with Sam Nusz.
Equipment has ten locations in Oklahoma
and as the state's largest John Deere dealer, has
been bringing you the best in John Deere
equipment, parts, service, and solutions for
nearly 30 years. The P&K team operates with
honesty and a sense of urgency... getting you what
you need, when you need it. With an additional
nine stores in Iowa, P&K has the extra
inventory and resources, to provide you, the
customer, with a better experience all
around. Click here to visit P&K on
the web... where you can locate the store nearest
you, view their new and used inventory, and check
out the latest deals.
presenting sponsor of our daily email is the
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
US Beef Prices, Attractive to Mexican Beef
in the United States knows more about the Mexican
beef and cattle marketplace than Oklahoma State
University Extension Livestock Market Economist
Dr. Derrell Peel. For many years
he has done work in Mexico and he recently
returned from Mexico. He continues to see the US -
Mexico trade relationship in beef and cattle
market continuing to evolve with a more integrated
the last 20 plus years Mexico has been a major
export destination for US beef. After declining
for the past five years since 2008, Peel says last
year we have saw the first annual increase in beef
exports and that is continuing this year.
"The latest development in the last
three or four years is that Mexico has
dramatically increased their infrastructure for
feedlot and for box beef production in particular
and that gives them more value opportunities not
only in their domestic market but also in the
export market," Peel said. "So the US and other
countries have started receiving significant
quantities of Mexican beef."
an a similar situation as the US with declining
cowherd numbers. Mexico is extremely tight on
cattle numbers as they have culled down their
numbers and he thinks that is why they are
importing more US beef.
listen to today's Beef Buzz with
Dr. Peel or to read more on the outlook of Mexican
beef exports Click Here.
Anderson Analyzes Grain Stocks on SUNUP this
head of the quarterly grain stocks report from the
US Department of Agriculture, Oklahoma State
University Grain Marketing Specialist Kim
Anderson makes his forecasts on this
week's preview of Saturday's SUNUP
Overall US corn and wheat
stocks are relatively tight. Anderson says you can
go back to 2012-2013 marketing year corn ended
with 718 million bushels, the 2013-2014 year ended
with 583 million bushels and next year it
projected to be 574 million bushels.
With hard red winter wheat 2012-2013
marketing year ended with 343 million, down 200
million bushels this year and Anderson says next
year its forecasted the US will end with 175-180
million bushels in ending stocks.
explains why tight stocks likely won't translate
to higher prices in 2014 by Clicking Here.
Grains Calls Oklahoma Wheat Harvest 85% Complete
has reached the final stages of the 2014 Hard Red
Winter Wheat Harvest- according to Mark
Hodges with Plains Grains. In the weekly
Hard Red Winter Wheat Harvest Report, Hodges
estimates that 85% of the Oklahoma wheat crop has
now been harvested. The Texas wheat harvest is now
66% complete- but Kansas is struggling to get
combines into the fields in many locations and is
just 30% complete as of the middle of this
The report says "The HRW wheat
harvest has moved into southeastern Colorado on a
limited scale with test cutting in southeastern
Nebraska expected within the next couple of days.
Cutting progress in Kansas continues to be
significantly slowed because of continued rain
showers. Some wheat in extreme northwest Kansas
and northeastern Colorado is still not completely
ripe and is about a week behind in development.
Harvest continues in northwest Texas (Panhandle),
in far northwestern Oklahoma (Panhandle) and in
the eastern areas of north central Oklahoma as
weather has permitted.
Click here for more from the
Thursday night release of the Plains Grains
Testifies on Importance of Biotech Trade Policy
for Soybean Farmers
Del., farmer and American Soybean Association
(ASA) Treasurer Richard Wilkins
appeared on Capitol Hill today before the Senate
Committee on Finance to testify about the
importance of biotechnology to soybean farmers as
the U.S. pursues trade agreements
The hearing, "Trade
Enforcement: Using Trade Rules to Level the
Playing Field for U.S. Companies and Workers,"
addresses the impact and implications of the
Trans-Pacific Partnership (TPP) and Transatlantic
Trade and Investment Partnership (TTIP) trade
agreements, U.S. trade with China, and other
aspects of America's trade relationships abroad.
Soybeans are the nation's leading agricultural
export, and ASA has long taken a leading role in
representing the needs of farmers in discussions
of international trade.
testimony, Wilkins addressed the need for a more
consistent regulatory framework in our various
partner nations, citing specifically the
inconsistent and unreliable frameworks in China
and the European Union.
countries have adopted systems for approving
biotech traits, but these decisions are subject to
differing regulations or are overtly political,
which can result in lengthy delays between
approvals in importing and exporting countries,"
he testified. "This is a concern because, until an
importer approves a new trait, even a trace amount
of that trait detected in a cargo can result in
its rejection and major losses for the
Click Here to read more of
Market is Telling Farmers to See Just Harvested
Wheat Now- Kim Anderson Explains All
to OSU Grain Marketing Economist Dr. Kim
Anderson, the current market seems to be
telling wheat producers to sell their physical
wheat and consider buying an option to participate
in a rally that might be ahead. The following
market analyst was written by Dr. Anderson and is
being released on his website on this Friday
morning, June 27, 2014:
last 8 trading days, the KC September wheat
contract price has traded in a 40 cent range
($7.41 to $7.01). Within this range, the high Sept
contract close was $7.27 and the lowest close was
$7.04 for a 23 cent range for the closes. The KC
Sept wheat contract price is in a sideways pattern
between about $7.41 and $7. Closes above $7.41
would indicate a price target of $7.86 with weak
resistance at about $7.62. The $7.41 price range
has relatively strong resistance.
this writing, the KC July wheat contract is
trading near the same price as the KC Dec wheat
contract. The Dec contract price is 4 cents higher
than the Sept contract price. The market is not
willing to pay for storage and interest. This is a
signal to sell what now. With a zero basis spread
between July and Dec, selling wheat and buying
"near-the-money" Dec Call options should be
considered as compared to storing wheat for
Oct/Nov sales. "
Click here to jump to the full
analysis offered by Dr. Anderson and how he
would complete this strategy.
Sells Today- and Gets Ready for Their Week in the
Rockies Sale Coming July 7th
fairly light on line video auction planned for
today at Superior Video Livestock Market, with
15,500 to be offered by the online market starting
at 8:00 AM central time today.
Click here for details of today's
auction, with a link there on to the Click to Bid
webpage for today's auction.
it will be a huge sale coming up the week of July
7th for Superior, as their Week in the Rockies
XXVI kicks off that Monday morning with a total of
over 200,000 head of cattle to be offered over the
course of the week.
sale will originate at Steamboat Springs,
Colorado- and there should be details of the full
offering coming on line at the Superior Website
later today or over the weekend. Click here for the page that has been
set aside for the Week in the Rockies event-
there is still time to make plans to drive to the
sale- or you can watch from home or from where
ever you are on DISH Network Channel 242- the
RURAL TV Network or online at Superior Click to Bid.Com.
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