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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:
Monday's Oklahoma Cash Grain
Prices- as reported by the Oklahoma Dept. of
Agriculture.
Canola
Prices:
Cash price for canola was
$7.57 per bushel- based on delivery to the Northern AG
elevator in El Reno 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, August 19,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Pro
Farmer Crop Tour Suggests Smaller South Dakota
Corn Crop Versus Year Ago and USDA Guess- and a
Bigger Ohio Corn Crop
Scouts
on the Pro Farmer Midwest Crop Tour headed to the
fields Monday fueled by rumors of a big crop.
Although big numbers were recorded, scouts found a
lot of variability and evidence that hail and
winds had severely impacted some areas.
Scouts
in Ohio estimated an average corn yield of 182.1
bushels per acre. Yields ranged from the 120s to
well above 200 bpa. Concerns about the maturity of
the Ohio crop were noted. That Ohio tour estimate
is above the latest USDA estimate of 177 bushels
per acre.
Scouts
on the western leg of the tour also found a
variable crop, reporting an average South Dakota
corn yield of 152.71 bpa, compared to 161.75 bpa
in 2013 and a 125.70 bpa average over the past
three years. The South Dakota estimate from the
tour is also under the 2014 USDA estimate from
last week.
Although
most of the western crop looked healthy and lush,
scouts reported erratic emergence. Freezing
temperatures in May were blamed for some of the
uneven stands. Wet, cold planting, freezes, hail,
tornadoes, and more hail are making for a tough
growing season in the west. Some parts of Nebraska
suffered hail again Sunday night.
Radio
Oklahoma Ag Network's Leslie
Smith tracked through South Dakota on one
of the scout routes on Monday- and says that the
South Dakota Corn and Soybean Crops are in decent
shape, but no better than a year ago. She
talked with Chip Flory at the
report session last night in Grand Island,
Nebraska and you can hear her full conversation with Flory
about the day on the western leg here- along
with other comments about day one of the week long
tour.
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Sponsor
Spotlight
We
are delighted to have the Oklahoma
Cattlemen's Association as a part of our
great lineup of email sponsors. The
30th Annual Oklahoma Cattlemen's Association (OCA)
Range Round-Up is coming up this Friday and
Saturday, August 22 and 23. This year's event is
being partnered with Oklahoma Ford Dealers at the
State Fairgrounds Jim Norick Arena in Oklahoma
City. Performances will begin at 7:30 p.m each
night. The annual event raises funds for charity.
This marks the 18th year the selected charity has
been the Children's Miracle Network. To learn more
about this and other activities of the OCA, click or tap here.
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.
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Forrest
Roberts on Increasing Beef Checkoff- We Need More
Checkoff Dollars- State or Federal- Not
Less
Efforts
to possibly double the current federally
authorized dollar per head checkoff continues- and
Forrest Roberts, Chief Executive
Officer of the National Cattlemen's Beef
Association, believes that progress has been made
in moving closer to that second dollar to spend on
promotion, research and education on behalf of
cattle producers. The NCBA is one of nine
organizations that have ties to the cattle
industry that have been meeting for three years in
an effort to find a way for all of these groups to
endorse the legislation and then hold a referendum
for cattle producers to vote their minds on that
additional dollar.
Roberts
talked with me at the recent Summer Cattle
Industry Conference where it was decided by the
NCBA Board of DIrectors- both the Policy side and
the Federation side- to continue to allow the Beef
Checkoff Task Force Reps from the group to
continue to work with other organizations as a
MOU- Memorandum of Understanding is finalized
which will flesh out the details of a tenative
agreement that came together earlier in the
summer. The Board instructed the producers and
staff working on this proposal to bring the MOU,
once complete, back to the full Board for
consideration.
Click or tap here to read more or to
listen to the comments offered to me by
Roberts about the process and how he believes that
even with states starting to move toward a second
dollar at the state level- a second federal dollar
makes sense.
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Stocker
Calf Values Versus Feeder Cattle Prices-
Derrell Peel Sees Lots of Variables in Current
Market
In
his latest article for the Cow Calf Corner series,
Dr. Derrell Peel of OSU says
"The rollback in price between stocker
purchase price and feeder sales price, along with
overall price level, is the principal determinant
of the gross margin, i.e. value of gain, for
stocker production. For example, Oklahoma
feeder prices last week indicate that the value of
250 pounds of gain for a 450 pound steer was
$1.24/lb. for a steer sold at 700 pounds. An
additional 200 pounds to a 900 pound ending weight
has an average value of gain of $1.28/lb. for the
entire 450 pounds of gain.
"The
value of gain is actually a bit stronger for gains
towards the heavy end of feeder weights. A
600 pound beginning weight has a value of gain of
$1.37/lb. for 300 pounds of gain up to 900
pounds. These values suggest that stocker
producers have considerable flexibility about what
weight to buy and how much weight to put on
stocker cattle at this time."
You can read Dr. Peel's full analysis
of the feeder and stocker market
here.
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The Environmental
Protection Agency's public release of farmers' and
ranchers' personal information violates basic
tenets of federal law, the American Farm Bureau
Federation told a Minnesota federal court late
this past Friday.
The
EPA surprised the farming and ranching community
in early 2013 when it publicly released a massive
database of personal information about tens of
thousands of livestock and poultry farmers,
ranchers and their families in 29 states. The
information was distributed to three environmental
groups that had filed requests under the Freedom
of Information Act. The database included the
names of farmers, ranchers and sometimes other
family members, home addresses, GPS coordinates,
telephone numbers and emails.
"The
EPA is displaying a callous disregard for basic
privacy rights," AFBF President Bob
Stallman said. "EPA believes that if
information about you can be found somewhere on
the Internet, or if you own a closely held family
corporation, you have no interest in protecting
your personal information. All citizens should be
worried about that, not just farmers and
ranchers."
Read more here- and in this story
on our website, there is a link to the full filing
by the farm organization.
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Spring
Planted Crops in Oklahoma Remain Solidly in Good
to Excellent Condition
The
latest crop weather summary for Oklahoma shows the
spring planted crops in generally good to
excellent condition, even as hot and dry has
grabbed ahold a good bit of the state.
Corn
condition was rated 74 percent good
to fair. Corn silking reached 97 percent complete
by Sunday, just 1 points behind last year and 3
points behind the five-year average. Seventy-eight
percent of corn had reached the dough stage, also
1 point behind the previous year and 13 points
behind the five-year average. Corn dented reached
40 percent complete compared to 46 percent the
previous year.
Sorghum
condition was rated 78 percent good
to fair. Sorghum headed reached 65 percent
complete and 41 percent was coloring by the end of
the week. Soybean
condition was rated 85 percent
excellent to
good. Cotton
condition was rated 91 percent good
to fair. Eighty-eight percent of cotton was
setting bolls, 20 points ahead of last year and 22
points ahead of the five-year
average.
Pasture
conditions across Oklahoma are also in generally
pretty good shape- standing now at fifty two
percent good to excellent- a remarkable
improvement from the 24 percent good to excellent
ratings back on the first of June.
Get the full Oklahoma Crop Weather
update here- as released on Monday
afternoon.
As
far as our neighboring states are concerned- click
or tap on the state's name for their weekly crop
weather summary.
Kansas
Texas
Missouri
Arkansas
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Volume
Rises as Cutout Value Falls in Weekly Boxed Beef
Trade Summary
On
a regular basis, Ed Czerwein of
the USDA Market News Office in Amarillo, Texas
offers a review of the previous week's boxed beef
trade. Here is the weekly boxed beef trade for
week ending Aug 16:
The
daily spot Choice box beef cutout ended the week
last Fri at 255.54 which was 4.91 lower than the
previous week. There were 841 loads sold for
the week in the daily box beef cutout, one of the
biggest weeks in some time, and was about 12
percent of the total
volume.
The
Comprehensive or weekly avg Choice cutout which
includes all types of sales was 254.75 which was
3.94 lower, and followed the daily cutout
downward. However the big news for the week
was that the total volume jumped almost 1000
loads.
Go here to read the rest of Ed's
report and to listen to his analysis for this
past week's boxed beef trade.
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More
than 130 American Farmers & Ranchers/Oklahoma
Farmers Union (AFR/OFU) 2014 Leadership Summit
attendees teamed up with Kids Against Hunger
recently to help fight hunger in the United States
and abroad. Kids Against Hunger is a humanitarian
food-aid organization with a mission to
significantly reduce the number of hungry children
in the U.S. and to feed starving children
throughout the
world.
This
year's Summit project was to prepare and package
"fortified rice-soy protein meal packages" for
hungry children. Teen Session attendees packaged
23,112 meals during their service project and
Senior Session packaged more than 51,000 meals in
under two hours. Between the two sessions, Summit
attendees packaged more than 75,000 meals for
children in Oklahoma, the United States and the
world.
Learn
more about the efforts of these young people by
clicking or tapping here.
**********
Last
call for the Oklahoma Irrigation
Conference that gets underway this
morning at the Caddo-Kiowa Technology
Center in Fort Cobb on Tuesday, August 19th,
registration begins at 9:00 am and the conference
begins at 9:30 am. While they were asking for
folks to register by a couple of days ago- the
organizers have said if you can make it today-
come on down!
We
have more on the speakers and topics for this
event- get that information by clicking or
tapping here.
**********
The
great folks at Express Ranches
have some of the finest Angus females ready for
their 2014 edition of The Big Event- coming this
Friday and Saturday at the ranch in Yukon,
Oklahoma.
Bob
Funk and Jarold Callahan
tell us in sale catalog that "We will be
selling approximately 190 fall-calving females on
Friday of which several have been donors at
Express. The females are lotted 501 through 691
and will sell in sale book order. On Saturday, we
will have the traditional Big Event offering
comprised of over 300 head. This offering will
also sell in sale book order and will include
donor cows, fall-calving 2-year-olds, bred
heifers, fall opens, heifer calf splits with
spring-calving cows, and as always, show-heifer
prospects that are eligible for the Express
Scholarship program which has paid out over $3.5
million in scholarships to youth across the United
States and Canada."
Click or tap here for more details
and links to the catalog and the video of many
of the bovine ladies that will make up the sale
offering.
And-
you can always call Express Ranches for last
minute information at 405-350-0044 in central
Oklahoma- or toll free, the number is
1-800-664-3977.
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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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