From: Ron Hays [] on behalf of Ron Hays []
Sent: Wednesday, July 30, 2014 6:13 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update

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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 futuresclick 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 $8.09 per bushel- based on delivery to the elevator in Dacoma 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.


Oklahoma's Latest Farm and Ranch News

Presented by

Okla Farm Bureau  


Your Update from Ron Hays of RON
   Wednesday, July 30, 2014
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
KimAndersonFeatured Story:
Kim Anderson Tells State Canola Conference Attendees- Canola Rotated with Wheat Makes Cents (and Dollars)  



Long time Extension Grain Market Economist Dr. Kim Anderson has crunched the numbers- and told the 2014 State Canola Conference this week that establishing a wheat- canola rotation is one production strategy that can help a wheat farmer stay economically viable in today's farm environment.



Anderson says that if you look at a historical comparison of hard red winter wheat prices and canola prices adjusted to the southern great plains, data from the last 20 years suggests that wheat prices are sixty four percent of the value of canola prices.   



When you run a farm budget based on that premium and take into account higher costs of production for canola (about twenty percent more than wheat), potential net revenue can increase from 45 to 65 percent annually.   



Anderson acknowledges that canola will mean adding some equipment to plant and harvest the crop- and that there is more management involved- and a significant learning curve to be able to produce the crop- but that canola added to your farm can be worth the time, trouble, risk and effort.  



You can hear our conversation with Dr. Anderson on this subject by jumping over to our website here.




Sponsor Spotlight


P&K 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.  




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.


SoybeanROISoybean Checkoff Produces Big Return On Investment 


Under the soy checkoff program, all U.S. soybean farmers contribute a small percentage of their gross soybean sales for research and marketing projects that maximize their profit potential. According to the results of a new, independent study, the checkoff continues to grow those small investments into big results for U.S. soybean farmers.

The results of the checkoff's most recent regular, independent return-on-investment (ROI) analysis found that all U.S. soybean farmers receive $5.20 in profits for every dollar they invest in the checkoff.

"Farmers are always looking for ways to improve profitability and become more efficient, so ROI is very important to them," says United Soybean Board (USB) Chairman Jim Call, a soybean farmer from Madison, Minnesota. "This study shows that U.S. soybean farmers are better off because of the checkoff."

Gary Williams, Ph.D., an agricultural economics professor from Texas A&M University who conducted the study, says 5 percent of all U.S. soybean farmers' revenues are due to the checkoff's research and marketing efforts.


Williams also pointed out other conclusions.  For the complete story Click Here.

USDACropInsuranceUSDA Implements Farm Bill Crop Insurance Provisions


The U.S. Department of Agriculture (USDA) today announced continued progress in implementing provisions of the 2014 Farm Bill that will strengthen and expand insurance coverage options for farmers and ranchers. The new Supplemental Coverage Option (SCO), available through the federal crop insurance program and set to begin with the 2015 crop year, is designed to help protect producers from yield and market volatility.

"America's agricultural producers work hard to produce a sufficient amount of safe and nutritious food for the country," said Secretary Tom Vilsack. "It's critical that they have crop insurance options to effectively manage risks and ensure that they do not lose everything due to events beyond their control. Following the 2014 Farm Bill signing, USDA has made it a priority to ensure the Supplemental Coverage Option was available to help farmers in this upcoming crop year."

The 2014 Farm Bill strengthens and expands crop insurance by providing more risk management options for farmers and ranchers and by making crop insurance more affordable for beginning farmers. SCO, which is administered by the Risk Management Agency (RMA), further strengthens the farm safety net.

SCO will be available for corn, cotton, grain sorghum, rice, soybeans, spring barley, spring wheat, and winter wheat in selected counties for the 2015 crop year.  



Click here for more information in signing up for crop insurance for the 2015 crop year.


AphidsDamaging Aphids Found in Oklahoma Sorghum Fields


Sorghum growers in Oklahoma should be on the lookout for two types of sugarcane aphids in their fields.

Both the sugarcane aphid and yellow sugarcane aphid are pests of sorghum, and have been viewed in samples taken by the Oklahoma Cooperative Extension Service. Both types of aphids colonize the surfaces of the lower leaves of sorghum, and then move up to newer leaves. Their feeding causes red or brown leaf discoloration on both sides of the leaf.

"Despite their names and common plant hosts, they are different in appearance and differ in how they cause damage to sorghum," said Tom Royer, Oklahoma State University Cooperative Extension entomologist.

I interviewed Royer about these aphids that have come into Oklahoma. Click here for rest of the article or to listen to Royer's comments.



The National FFA Organization has selected two Oklahomans and 14 other students from throughout the United States as finalists for its 2014 top achievement awards: American Star Farmer, American Star in Agribusiness, American Star in Agricultural Placement and American Star in Agriscience.



Finalist for the American Star Farmer award includes Zach Weichel of the Cordell FFA Chapter.  He  operates his beef and grain production, where he markets and sells his feeder cattle and wheat crop. Weichel was the the 2011 Oklahoma Star Farmer- you can see and hear our conversation with Zach from 2011 by tapping here.  


Oklahoma's Finalist for the American Star in Agricultural Placement is Garrett Sharp of the Waukomis FFA Chapter. He operates and services equipment, moving and preparing land and implements conservation practices while being employed at his uncle's farm. Garrett is also a past Oklahoma Star- as he was named the 2012 Star in Ag Placement here in Oklahoma- and here's the link to our coverage of Sharp's achievements to that point in this FFA career.

The American Star Awards represent the best of the best among thousands of American FFA Degree recipients. Recognized are FFA members who have developed outstanding agricultural skills and competencies through supervised agricultural experience (SAE) programs; earned an American FFA Degree, the highest level of achievement the organization bestows upon a member; and met agricultural education, leadership and scholarship requirements.

We will be returning to Louisville in October to provide you complete coverage of our Oklahoma FFA students as they complete for national honors and take part with 60,000 other members and supporters of the FFA. 

And by the way- back to the Stars Announcement of this week- get the complete list of national finalists here.




There are several structural issues that the cattle industry is trying to deal with right now. One of those issues is price discovery. It seems we're seeing fewer and fewer cattle sold on the cash market at the feedlot level. At one time in the southern plains for the Texas Cattle Feeders Association their weekly cash totals were 15 - thousand upwards to 22 - thousand head. Now its more like one thousand, two thousand or maybe three thousand head. Those cash prices are important to help figure formula prices in the feedlot as well.  Livestock Marketing Information Center Director Jim Robb says the industry is in one of those transitions right now.

"Much like when we made the transition from selling in terminal markets to out in the country," Robb said. "We're really at one of those transition points and how it unfolds its really difficult to tell."

"When we push the feed cattle market up to $160, there's not a lot of concern about thin markets and how we are going to set the base price for formula markets," Robb said.   


Click here to read Robb's reasoning for the lack of price discovery in the market and what will have to change to improve it or listen to the audio version of this story.


COOLCOOL Proponents Rejoice Over DC Court Decision Denying Injunction

National Farmers Union President Roger Johnson issued the following statement after receiving news of the District Court of Appeals' en banc decision on a challenge to enforcement of Country-of-Origin Labeling (COOL) by the multinational meatpackers and our foreign competitors.  By a 9-2 majority, the panel upheld an earlier 3-judge panel decision to deny an appeal to halt the enforcement of the popular labeling law, passed in 2008.

 "NFU, and our broad coalition of consumer and producer organizations, have achieved yet another victory in our long battle to uphold the enforcement of the COOL regulation as modified by the U.S. Department of Agriculture's (USDA).   This marks the third time that COOL has won in court. There is no need for this case to proceed.


"The Court ruled that the government may require factual, uncontroversial information to be included on a label. American consumers want to know basic information about where their meat comes from, and livestock producers across this great nation are very proud of what they produce and happy to let consumers know where their meat comes from.  USDA's new COOL rules will significantly improve the information available to consumers by reducing confusion about the origins of meat products.  It will also provide U.S. livestock producers the opportunity to differentiate their products, which they are proud to claim as theirs."


Opponents of COOL had told us earlier this year that while they were hopeful for an injunction- they understood it was a long shot to expect that the judges inside the Washington Beltway would go against the Obama Administration on this matter.  They do expect the WTO will side with Mexico and Canada and declare this latest COOL Rule to be illegal under international trade rules, opening up sanctions to be imposed by those two countries against the US.





BigIronHere's Your Big Iron Wednesday Reminder 



It's Wednesday- and that means the Big Iron folks will be busy closing out this week's auction items- all 446 of them- starting at 10 AM central time.     


Click Here for the complete rundown of what is being sold on this no reserve online sale this week.


If you'd like more information on buying and selling with Big Iron, call District Manager Mike Wolfe at 580-320-2718 and he can give you the full scoop.  You can also reach Mike via email by
clicking here.  



Our thanks to Midwest Farms Shows , P & K EquipmentAmerican Farmers & Ranchers, KIS Futures, CROPLAN by WinfieldStillwater Milling Company, Pioneer Cellular and the Oklahoma Cattlemen's Association for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked here- just click on their name to jump to their website- check their sites out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis- FREE!


We 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! You can reach us at the following:  


phone: 405-473-6144


Oklahoma Farm Bureau is Proud to be the Presenting Sponsor of the Ron Hays Daily Farm and Ranch News Email  



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