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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 $8.55 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, July 29,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Anti-GMO
Proposal Rejected at Safeway Shareholder
Meeting
At
the annual meeting of Safeway
shareholders this past Friday in Pleasanton,
California, the overwhelming majority of
shareholders followed the advice of the
National Center for Public Policy
Research and rejected an anti-scientific
shareholder proposal that would have forced the
grocery store chain to brand products containing
genetically-modified organisms (GMOs) with labels.
The purpose of the mandatory-labeling
campaign is to deter the sale of products
containing GMOs by frightening consumers
unnecessarily.
"Safeway's shareholders
sent a loud message to the GMO activists and
lobbyists that represent them - science trumps
baseless fear-mongering campaigns," said National
Center Free Enterprise Project Director
Justin Danhof,
Esq.
Danhof spoke out against a
proposal submitted by the Green Century Equity
Fund that sought to require the company to
identify and label all of its products that "may
contain genetically engineered
ingredients."
"In the face of all of
the uncontroverted scientific evidence that GMOs
are safe, the proponent of the GMO-labeling
proposal had the temerity to tell Safeway's
shareholders that no long-term scientific evidence
exists to show that GMO foods are safe," noted
Danhof. "This is beyond willful ignorance. Some
anti-GMO activists are shameless in their attempt
to advance their agenda."
Danhof
countered the proposal by noting, in
part: This proposal is unscientific,
unnecessary for Safeway's business purposes and
would increase food prices, disproportionately
harming lower-income customers.
Click Here to read the rest of
the article, including Danhof's full statement
against the proposal.
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Spotlight
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Midwest
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you who participated in this spring's 2014
Oklahoma City Farm Show. Previously known
as the Southern Plains Farm Show, the name change
now more clearly communicates the show's location,
and also signifies the plans for a long term
partnership with the community and State Fair
Park, a world-class event site.
Up
next will be the Tulsa Farm
Show December 11-13,
2014. Click here for the Tulsa Farm
Show website for more details about this
tremendous show at the River Spirit Expo Square in
Tulsa. Now is the ideal time to contact
Ron Bormaster at 507-437-7969 and
book space at the premier farm show in Green
Country-the Tulsa Farm
Show.
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Hot,
Dry Conditions Stressing Crops in Oklahoma, Texas
and Kansas
Summer
heat returned to Oklahoma last
week, with heat indices of 100 degrees or
more. Late planted sorghum and soybeans in
the Southwest were showing signs of stress due to
the drought. Overall, row crops continued to
be rated mostly good to fair and were progressing
nicely. Corn silking reached 82 percent
complete by Sunday, 37 percent of the corn has
reached the dough stage. Corn development is
ahead of last year, but remain behind the
five-year average. Sorghum headed has reached 40
percent complete and soybean blooming has reached
13 percent complete, which is behind last year and
34 percent behind normal. Peanut pegging
reached 77 percent complete. Cotton squaring
reached 79 percent complete, while 56 percent of
the crop was setting bolls. Second cutting
of alfalfa hay was 91 percent complete and third
cutting was 33 percent complete. Pasture and
range conditions are rated in mostly good to fair
condition with 27 percent rated in fair
condition. Click here for the full Oklahoma
report.
Much
of Texas remained hot and dry
this past week. Winter wheat harvest
for this season reached completion statewide. Corn
continued to mature ahead of normal with 97
percent of the crop silking, 80 percent in dough
stage, 72 percent dented and 38 percent
mature. Sorghum has 89 percent headed and 33
percent of the crop has been harvested.
Soybeans remain behind last year and the five year
average with 66 percent blooming. Cotton
fields were blooming and setting bolls in the
Trans-Pecos, Edwards Plateau, and the Upper
Coast. Peanuts are behind with pegging at 51
percent. Pasture and range land continued to
green across the state, though a few producers in
South Central Texas and the Trans-Pecos reported
deteriorating conditions due to a lack of
rainfall. Producers in the Edwards Plateau
and Lower Valley continued to provide supplemental
feed. Click here for the full Texas
report.
Triple
digit temperatures returned to
Kansas this past week. Corn
silking advanced to 86 percent, which is equal to
the five year average. Corn in the dough
stage is at 36 percent. Sorghum headed was
14 percent. Soybeans setting pods was 24
percent, ahead of 10 last year and 15
average. Cotton squaring was at 54 percent,
behind 69 last year and 82 average. Cotton setting
bolls was at eight percent, near last year but
well behind the average of 22. Alfalfa hay
second cutting was 94 percent complete, equal to
last year and alfalfa hay third cutting was 29
percent complete, ahead of 15 last year, but
behind 39 average. Pasture and range conditions
are mostly rated in good to fair condition.
Top soil and sub soil readings showed a drastic
deterioration of moisture available. Topsoil
moisture rated 12 percent very short, 32 percent
short, 53 percent adequate, and 3 percent surplus.
Subsoil moisture rated 16 percent very short, 32
percent short, 51 percent adequate, and 1 percent
surplus. Click Here for the full
Kansas report.
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Nation's
Corn and Soybean Crop Looking Superior to
2013
The
nation's corn crop continues to remain in great
shape. In the latest crop progress report released
Monday by the US Department of
Agriculture, 78 percent of the crop
was silking, 17 percent in the dough stage
and overall condition is showing little
deterioration.
The
report indicates the overall condition of the US
corn crop remained strong with 75 percent in good
or excellent condition.
The
2014 corn crop condition estimate showed a one
point drop in good condition and a one point
increase in poor condition. At this point in 2013,
only 63 percent of the total crop was rated in
good or excellent condition. Currently the
nation's overall crop condition remains to be 12
points a head of last year's crop in the good to
excellent category.
The
nation's soybean crop is maturing ahead of normal.
This week USDA reports 76 percent of the crop is
blooming, ahead of the five year average of 72 and
38 percent of the nation's crop is setting pods.
That's seven points ahead of the average of 31.
The overall condition of the crop is showing
little change with 71 percent of the crop in good
to excellent condition. That's eight points ahead
of last year's crop at this time.
Click Here for State-By-State
Details.
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Peel
Says Herd Rebuilding Will Be a Slow
Process
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow/Calf Corner
newsletter
The latest USDA data
provides some indication that herd expansion may
be beginning but more clearly shows that herd
rebuilding will be a long process and a slow one,
at least initially. Not surprisingly, the July
Cattle report shows estimates of herd inventories
that are down in most all categories compared to
the last report in 2012. Since no 2013 report is
available for comparison, it is not clear whether
inventories are higher or lower than last year for
the various categories but it is likely that most
are lower. However, it does seem that the beef cow
herd is stabilizing and is likely only slightly
lower than last year.
The July 1
estimate of beef replacement heifers was down from
July 2012 despite the fact that January 1
estimates of beef replacement heifers increased
each of the past three years. The ratio of the
July 1 beef replacement heifers to the January
inventory of replacement heifers is the lowest
since the July estimates began in 1973. This ratio
typically rises during herd expansion and
decreases during liquidations. This indication of
additional herd liquidation is somewhat in
contrast to the heifers on feed in the July Cattle
on Feed report which is down 4.6 percent from year
earlier levels. The year over year decrease in
July 1 heifers on feed is consistent with modest
levels of initial herd expansion. Quarterly
estimates of heifers on feed have posted year over
year decreases for the past 8 quarters with an
average decrease of 6.8 percent.
So
far this year, heifer slaughter is down 7.9
percent; a significantly larger decrease than
steer slaughter, which is down 2.9 percent for the
year to date. Beef cow slaughter is down 16.4
percent so far this year compared to the same
period last year. These decreases in female
slaughter strongly suggest that herd expansion is
beginning. Aggregate herd balance numbers suggest
that the capacity for herd expansion is greater
than what is observed thus far.
Click Here to read Peel's view of
the factors that may be limiting herd
expansion.
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'Duster'
Worthy of Consideration After Solid 2014
Performance
As wheat planting plans
come into focus, the Radio Oklahoma Ag Network and
Oklahoma Farm Report.com want to help you consider
how the genetics developed by Dr. Brett
Carver and his Wheat Improvement Team may
fit into your wheat production system. A profile
of several of the major wheat varieties that have
come from the Oklahoma State University program
will be offered for the next few weeks. Today, our
initial installment considers
Duster.
The 'Duster'
germplasm forms a lot of the base of the OSU
breeding program. Carver this variety took the
longest to get right. This line originally came
from Pioneer and testing at OSU began in 1993. The
experimental line went through three
reconstruction phases from 1993 until the line was
released in 2006. Carver says the experimental
line had some good yield potential, but it had
some flaws.
"The earliest flaws were
trying to purify some of the disease reactions of
Duster for soil borne mosaic, for leaf rust, those
were the primary flaws," Carver said. "There was
not a homogenous or more uniform type of reaction
in that variety."
In 1995 Dr. Bob
Hunger identified single plants that display leaf
rust and soilborne mosaic virus resistance.
Several other reselections during the next ten
years lead to the advanced line. Carver says there
was a lot of crossing with the experimental line
long before variety was released and today Duster
is a pillar in the OSU breeding program. Duster is
able to perform well in a wide range of conditions
across the entire state of Oklahoma as well as
Kansas and Texas.
Click Here to read more about how
Duster performed in the 2014 OSU Wheat Variety
Trial. You can also hear an audio
version of this story.
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2014
Tipping Point for Cattle Markets and Herd
Rebuilding
Record
cattle and beef prices can be attributed to the
nation's shrinking cattle herd, but beef demand is
also key factor influencing prices. Speaking at
the recent Oklahoma Cattlemen's Association Annual
Convention in Midwest City, Okla., Livestock
Marketing Information Center Director Jim
Robb says international beef demand for
US beef is growing.
"We look at these
consumers overseas and depends on the world
economy, but some of our strongest markets
recently have been somewhat Japan, Mexico,
Canada," Robb said. "These are pretty favorable
markets at this point and time, so as the world
economy is really driving that and beef is still a
rather preferred item around the world, but those
international consumers many of them are more
price sensitive than US consumers are, so there is
a little more risk in that market
place."
Currently the US is also seeing
a growing amount of international beef imports.
Robb says that can be attributed to the strong US
beef prices. Additionally the drought in
Australia, he says that is allowing some of the
imports to be at these levels.
"Some of
it is drought related, but with our cow kill
pulling back as dramatically it had recently, we
need that lean product to come into our
manufactured beef markets and our hamburger
markets," Robb said. "We're really pulling that
product in and we're see cutter cow values record
high, so I think this whole puzzle really does fit
together and it really is being driven by this
demand profile."
Click Here to read or to listen
to today's Beef Buzz on why Robb feels the nation
is really at a transition point this summer
where, producers are starting to hold back
heifers.
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This
N That- Last Call for Wheat Show Entries, Last
Call for No Till Bus Tour and Bountiful Rains
Forecast by End of the Week
The
2014 Oklahoma Wheat Show judging will be taking
place at the Payne County Fairgrounds in
Stillwater on Wednesday, July 30th. While
many of you have mailed your wheat samples in to
be judged- you do have a final opportunity to hand
deliver a sample of wheat and enter the 2014
contest.
Mike
Schulte, Executive Director of the
Oklahoma Wheat Commission, tells us that
registration at the Fairgrounds will be open at
8:00 AM tomorrow morning (Wednesday, July 30th)
with the actual judging to begin at 8:30 AM.
NO ENTRIES will be accepted after judging begins
at 8:30 in the morning.
The
complete rules of the contest can be
seen here- and the scholarships available are
significant, as the Oklahoma Wheat Commission has
placed a priority on helping young 4-H and FFA
members to learn about wheat production and wheat
quality by rewarding those involved in the
competition.
**********
Final
deadline for getting a seat on the No Till
on the Plains Bus Tour that they are
calling their "Points South" tour is Thursday,
July 31st.
The
tour will be happening August 5th through the
8th. If you are serious about learning more
about No Till for your operation- this is an
investment in your education that will be worth
every penny.
Farm
stops in Oklahoma include Randy
Lanie farms near Manchester,
Marty Williams farms near Red
Rock, Matt Alig's farms near
Kingfisher, Jimmy Kinder's farm
near Walters, and Alan
Mindemann's farm near Apache. Stops are
also planned at Oklahoma State University's cover
crop plots near Stillwater and the Noble
Foundation in Ardmore.
Get details here or call No Till
on the Plains at 888-330-5142.
**********
The
rain is coming- and it appears for many locations-
a lot of it(two to four inches fairly quickly in
many locations seems to be possible). A
northwest flow aloft along with a moist upslope
easterly surface flow will prevail for much of
this week. Showers and thunderstorms are expected
to develop and move east and southeast off the
higher terrain of southern Colorado and northern
New Mexico. These showers and thunderstorms will
move across the Texas and Oklahoma panhandles- and
then down into the body of the state of
Oklahoma.
Flash
flood watches are in place for the Oklahoma
Panhandle and 22 counties in northwest, north
central, west central and central parts of the
state of Oklahoma. Get the latest Flood Watch for
the Oklahoma City NWS office
here.
The
Tulsa National Weather Service office is talking
about some areas getting heavy rainfall- but no
flash flood watches are in place for eastern
counties covered by that office at this time.
For
the complete Tulsa area forecast, get the News on 6 forecast here-
and for central and western Oklahoma- get the News9 forecast here.
You
can also get Alan Crone's take on
the weather for the balance of the week by tapping here.
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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!
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phone: 405-473-6144
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