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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 $7.62 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 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
Wednesday, August 20,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
From
the Pro Farmer Crop Tour- Nebraska Corn Fields on
Track for the Best.Yield.
Ever.
Scouts
on the eastern leg of the Pro Farmer Midwest Crop
Tour saw a crop that grew larger as they moved
west from Indiana into Illinois on Tuesday.
Indiana's
corn yields, while variable, averaged 185 bushels
per acre, compared to 167.4 last year and the
141.2 bpa three-year average. Indiana soybeans
averaged 1220.8 pods in a 3-foot-by-3-foot square,
higher than last year's 1185 and the three-year
average of 1118.7. The corn number was met with
some skepticism by those tweeting from the
Bloomington, Illinois report session last night as
one observer said he would believe the 185 number
when he saw the actual harvest results.
Scouts
on the western tour,including Radio Oklahoma Ag
Network's Leslie Smith, saw a
Nebraska corn yield that was great in some places
and average in others. The state's average yield,
including irrigated and non-irrigated land, was
163.7 bpa, a Nebraska record. Last year, the
average was 154.9 bpa. The three-year average was
146.8 bpa, so the 2014 tour has looked at a crop
over eleven percent bigger than the three year
average.
The
record corn yield for Nebraska did surprise Smith,
who tells us "For me it was a surprise,
because the fields I have been in looked about
average at best. Again this proves one
picture, tweet or route does not give you a good
indication of the crop out there. It is
often said the Pro Farmer Tour is simply pulling a
lot of samples out of one big field, so the yield
estimate is so much bigger than one field, county
or region." She adds that she detected some
surprise in her conversation with Chip
Flory on Tuesday evening as they recaped
the Nebraska survey of the 2014 tour. Flory
calls it "pretty remarkable considering the
growing season."
You
can hear Leslie talking at length with
Chip Flory about the Nebraska results here-
and our webstory also includes an
excellent comparison of 2014 versus 2013 by
Leslie and a link over to DTN for a good
overview of both the east and west legs of the
tour.
You
can continue to follow the blow by blow (or field
by field) view of the 2014 Tour on Twitter-
hashtag to follow is #pftour14. And to keep
up with Leslie Smith- her handle is @ruralleslie.
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Sponsor
Spotlight
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newest sponsor for the daily email is
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locations located in Oklahoma and Kansas. Pioneer
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Midwest
Farm Shows is our longest running sponsor
of the daily email- and they say thanks to all of
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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USDA
Seeks Input on Revisions to Beef Grading
Standards
The
U.S. Department of Agriculture's (USDA)
Agricultural Marketing Service (AMS) is seeking
public input on possible revisions to the U.S.
Standards for Grades of Carcass Beef to adjust for
recent improvements and trends in animal raising
and feeding. AMS is also seeking input on a review
of beef instrument
grading.
When beef is
voluntarily graded, the official grade may consist
of a quality grade, a yield grade, or both. The
quality grades principally refer to the
characteristics of marbling and maturity and are
intended to identify differences in the flavor and
satisfaction of eating cooked beef. The principal
official USDA quality grades for young cattle and
carcasses are Prime, Choice, Select, and Standard.
Significant changes (such as grass fed versus
grain fed feeding regimens, instrument grading,
management, and export requirements) have taken
place in the beef industry since the current grade
standards were adopted in 1997.
AMS
is seeking input from cattle producers, food
processors, the public and other sources before
revising the grades to better reflect the
characteristics of meat that is available for
Americans to purchase. The bottom
line- is the beef grading system still providing
information most important to end users?
Read more by going to our website
here- the comment period continues through
November 13, 2014.
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Expecting
Fewest July Cattle Placements Ever in This
Friday's Report- Rich Nelson with
Allendale
This
coming Friday is our regular monthly USDA Cattle
on Feed Report. According to Rich
Nelson with Allendale, "July Placements
are expected to be 6.4% lower than last year. This
would be the lowest July placement since the
history of the current data series (1996). USDA's
cattle feeding margin ended the month with a
strong $170 per head profit on outgoing cattle (10
months in a row). Corn averaged $4.16 in Western
Kansas in July ($4.68 in June, $3.73 in July
2013). July placements help supply the December
through March slaughter period.
"Allendale
anticipates a Marketing total 6.4% lower than July
2013. There was no calendar day adjustment for
this particular month.
"Total
Cattle on Feed as of August 1 now totals 2.2%
under last year. That is a slight increase over
the July 1 total of 2.4% under last year."
Nelson
also offers us the Allendale view on the companion
Cold Storage Report- also out on Friday afternoon:
Allendale "projects a 513 million lb. total pork
stock level for the end of July. The five year
average is 496 million lbs. for the end of July.
Our estimate represents a decrease of 25 million
lb. from the previous month. The five year average
month to month change for July is a 33 million lb.
decrease. Beef stocks, at 342 million lbs., are
below the five year average of 434. This month's
number represents a 16 million lb. drawdown from
the previous month. The five year average change
is a 4 million lb. decrease."
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USDA
Announces $25 Million for Agri Entrepreneurs for
Value-Added Efforts- Five Grants Come to
Oklahoma
Agriculture
Secretary Tom Vilsack highlighted
on Tuesday the importance of rural entrepreneurs
to the U.S. economy and announced investments to
help rural businesses grow, diversify and create
jobs. Secretary Vilsack says that USDA is
investing $25 million to help 247 businesses
nationwide expand their operations and create new
products to market.
Five
of those grants have been awarded to entities in
Oklahoma- about $600,000 will be funneled to those
projects.
For
example, Red Rock Premium Beef
LLC will be receiving $48,415 to aid in
their development of their natural beef processing
business. Rural Development funds will be used as
working capital to produce natural beef cuts and
ground beef from natural beef cattle, process,
deliver and market said
beef.
Another of the
Oklahoma based grants will be going to Six
Mile Lane Winery, Inc. They will be
receiving $133,365 under this grant program. Rural
Development funds will be used to provide working
capital for Coal Creek Vineyard and Winery in
Tuttle, Grady County, Oklahoma.
To learn more about this program-
click or tap here- that includes a link to the
USDA website and state by state listing of all of
the projects- including the other three Oklahoma
grants.
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Angus
Genetics Names Dan Moser as New
President
The
American Angus Association has announced that
Dr. Dan Moser will become the new
president of Angus Genetics Inc. (AGI) and
Association director of performance programs,
effective September first.
A
unanimous selection of the AGI board of directors,
Moser brings more than 15 years experience in
genetic research and education to the
Association's 25,000-plus members and their
commercial partners.
As
AGI president and Association director of
performance programs, Dr. Moser will oversee the
organization's genetic research and development
efforts, as well as further the advancement of
genomic-enhanced selection tools and the weekly
National Cattle Evaluation.
To
learn more about Dr. Moser and this position that
he will be undertaking on behalf of Angus breeders
and those that use Angus bloodlines, click or tap here to read
more.
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FTA
with Colombia Helps Recapture Corn Market in This
South American Country
The
United States is on track to capture more than 95
percent of Colombia's 141 million bushel corn
market this marketing year, which ends Aug. 31.
This is a dramatic turn-around from 2013 exports
of just 25 million bushels to that country. "The
trend that we are seeing clearly illustrates both
why the National Corn Growers Association's work
in promoting trade agreements benefits U.S. corn
farmers and the effectiveness of its work in
collaboration with the U.S. Grains Council," said
NCGA Trade Policy and Biotechnology Action Team
Chair Jim Zimmerman, a farmer
from Wisconsin.
Colombia
has traditionally been the biggest importer of
U.S. corn in South America. In 2008, U.S. corn
imports accounted for 80 percent of the Colombian
corn market. However, due to tariff advantages,
Colombian importers began switching to Argentina
and Brazil to source their corn needs around 2009.
By 2011, U.S. corn accounted for only 21 percent
of that market. American exporters did not become
competitive once again in this vital corn market
until the U.S. - Colombia free trade agreement was
implemented in 2012.
Read more about this FTA success
story here.
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This
N That- Big Iron Auction Closes Begin at 10 and
Monthly Oklahoma Wheat Commission Meeting Happens
After Lunch
It's
Wednesday- and that means the Big
Iron folks will be busy closing out
this week's auction items- all 256 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.
**********
The
regular monthly board meeting of the
Oklahoma Wheat Commission is set for this
afternoon- starting at 1:30 PM in the second floor
conference room in the Oklahoma Water Resources
Board building on Classen- 3800 Classen to be
exact in Oklahoma City.
We
have the agenda for their meeting on our website-
take a look at it here.
The
Wheat Commission is helping host a special
educational seminar on Thursday at the National
Weather Service in Norman- besides several
perspectives that will be offered on drought and
Oklahoma agriculture- the annual Oklahoma Wheat
Review of the drought damaged Oklahoma Wheat Crop
will be a part of that all day meeting.
Details are also on our website- click or tap here to take a
look.
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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
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