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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 $7.08 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 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,
September 9,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
National Farmers Union
Quits Beef Checkoff Talks- Oklahoma Votes No to
Pullout
The
National Farmers Union withdrew from three years
of discussions for reform of the beef checkoff as
the general farm group called the exercise "a
waste of time and resources." Over the weekend,
the NFU board said it was up to the Agriculture
Department to respond to beef producer demands for
reform. "It is our recommendation that USDA
consider rewriting the beef checkoff program under
the 1996 generic research and promotion act," said
a resolution adopted by the board.
The
board action was not unanimous as the largest
Farmers Union state (by membership), Oklahoma,
voted not to pull out of the talks. The President
of the American Farmers and Ranchers,
Terry Detrick, says it makes no
sense to get mad and take your toys and go home,
losing your chance to influence any plan developed
by the industry in the days ahead.
AFR, the
Farmers Union affiliate in Oklahoma, represents
about forty percent of the NFU membership
nationally. We talked with Detrick on Monday
evening from Washington- and he offered his
reasons why Oklahoma voted no and also talked
about the possibility that USDA and Ag Secretary
Tom Vilsack might jump into the
arguments over the operation of the Beef Checkoff
and make changes without the direction of
Congress.
Click or tap here to read more- and
to listen to our overview of Comments offered
to us by Detrick as we talked with him on Monday
evening. |
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|
Rains
Slow Harvest and Fall Wheat Seeding Across
Southern Plains
The
cool front brought nice precipitation totals to
parts of Oklahoma including the
panhandle, central and western regions. In
the weekly crop progress report from the US
Department of Agriculture the state's corn crop
rated in 75 percent good to fair condition with 88
percent of the crop dented and 39 percent mature.
Sorghum rated 78 percent good to fair.
Seventy percent of the crop was coloring and 33
percent mature. The soybean crop rated 86
percent good to fair with 87 percent setting pods
and seven percent dropping leaves. Peanuts
rated 93 percent good to fair with 24 percent
mature. Cotton crops in the far Southwest
District were showing signs of stress with 40
percent rated good compared to 54 percent rate
good one week ago. Thirty percent of cotton
bolls were opening.
Seedbed
preparation continued for all small grains.
Fifty-two percent of wheat seedbed preparation was
complete as of Sunday, while canola seedbed
preparation was 70 percent complete by week's end,
well ahead of normal.
Conditions
of pasture and range continued to be rated mostly
good to fair. Livestock were rated 60
percent in good condition with 27 percent rated as
fair. Click Here for the full Oklahoma
report.
Texas
also received heavy rainfall this past week.
Corn harvest reached 57 percent complete.
Sorghum harvested across the state reached 65
percent complete and 30 percent of the
state's soybeans have been harvested.
Click here for the full report.
Thunderstorms
also brought rain to much of
Kansas, which delayed corn
harvest. As of
Sunday harvest 12 percent complete.
Crop conditions continue to look favorable with
corn rated 70 percent good to fair, sorghum at 77
percent, soybeans at 79 percent and cotton
receiving a 87 percent good to fair
rating.
Click here for the full Kansas
report.
Click here for the National Crop
Progress report. |
USDA
Provides $328 Million to Conserve Wetlands and
Farmland
Agriculture
Secretary Tom Vilsack announced
today that $328 million in conservation funding is
being invested to help landowners protect and
restore key farmlands, grasslands and wetlands
across the nation. The USDA initiative will
benefit wildlife and promote outdoor recreation
and related sectors of the
economy.
"Conservation easements help
farmers and ranchers protect valuable agricultural
lands from development, restore lands that are
best suited for grazing, and return wetlands to
their natural conditions," Vilsack said. "These
easements are making a dramatic and positive
impact for our food supply, rural communities and
species habitat."
The funding is
provided through the Agricultural Conservation
Easement Program (ACEP), which was created in the
2014 Farm Bill to protect critical wetlands and
encourage producers to keep lands in farming and
ranching. Approximately 380 projects nationwide
were selected to protect and restore 32,000 acres
of prime farmland, 45,000 acres of grasslands and
52,000 acres of wetlands. Click
here for a summary of ACEP funding provided to
each state. Oklahoma will receive
$1.3 million dollars in funding. Click here to read more about
ACEP funding.
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Opponents
Unfairly Target Gluten, Carver
Says
The
gluten free craze continues to be a major concern
for the US wheat industry. One of the key
spokesman that has been utilized on a national
level by wheat organizations is Oklahoma State
University Wheat Breeder Dr. Brett
Carver. Recently I visited with Dr.
Carver about the battle over gluten food products
in the US. He said the hysteria over gluten
free is based on myths. Carver said the primary
myth being the gluten or protein that we eat that
comes from wheat is not healthy or has been
changed. Another myth is that wheat varieties
today are gluten rich and that our diet's
are overwhelmed with gluten.
"Nothing
can be further from the truth," Carver said. "It's
really a difficult proposition for us to improve
yield and increase protein at the same time."
Carver said the gluten or protein
content in wheat has not changed because they are
trying to keep it at a certain level, but that has
been one myth that has been difficult to dispel.
Another myth is that the kind of gluten or protein
present in wheat has changed. Click here to listen to my
interview with Dr. Carver as he dives into the
facts about gluten in today's wheat being produced
here in the US.
|
Top
Pork Countries Want Tariffs Eliminated In TPP
In
an open letter to negotiators on the Trans-Pacific
Partnership (TPP) talks, organizations
representing hog farmers in Australia, Chile,
Mexico and the United States called for a
"comprehensive, high-quality" agreement that
eliminates tariffs on nearly all products,
including pork.
The TPP is a regional
negotiation that includes the United States,
Australia, Brunei Darussalam, Canada, Chile,
Japan, Malaysia, Mexico, New Zealand, Peru,
Singapore and Vietnam, which account for nearly 40
percent of global GDP.
Australian Pork
Limited, the Canadian Pork Council, the Asociación
Gremial de Productores de Cerdos de Chile, the
Confederacion de Porcicultores Mexicanos and the
National Pork Producers Council
pointed out that the agreed-upon objectives of the
TPP are: that it include trade in goods -
including agricultural ones - services,
investment, e-commerce, competition policy and
intellectual property; that there be no product or
sector exclusions, especially in agriculture; that
all tariffs and other market access barriers such
as Japan's Gate Price be eliminated by the end of
the negotiated transition period; and that all
transition periods have "commercially meaningful"
timeframes, which should be short and not
back-loaded. Click here to read more about TPP
negotiations. |
Peel
Says Global Customers Reacting to US Beef and
Cattle Prices
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow/Calf Corner
newsletter.
International cattle
and beef markets are reacting as expected to
record U.S. market prices. The latest monthly
trade data for July confirms that beef exports are
declining; and beef and cattle imports are
increasing as markets adjust to shrinking U.S.
beef and cattle supplies. While
U.S. cattle and beef prices are not the only
factors that affect international trade but the
price influence is strong and likely to be a major
determinant of trade flows in coming months. The
discussion below focuses on quantity adjustments
in trade flows. Trade values, of course, reflect
the high prices that are resulting in trade flow
adjustments.
After increasing the first
half of the year, beef exports are decreasing year
over year to most major U.S. beef destinations
with July total exports down 13.5 percent leading
to a slim 1.4 percent year to date beef export
increase compared to the first 7 months one year
ago. Beef exports to Japan were down 9.5 percent
in July and are down 7.8 percent for the year date
compared to last year. Beef exports to Hong Kong
are still up 36.2 percent for the year to date but
were down 32 percent in July compared to last
year. Hong Kong, which emerged as the fourth
largest beef export destination in 2013, had sharp
year over year increases through June before
dropping dramatically in July. Mexico, likewise,
changed from year over year increases each month
the first half of the year to an 11.2 percent
decrease in July compared to last year. Beef
exports to Canada have been down each month this
year with July down 25.9 percent and a year to
date total down 21.8 percent compared to one year
ago. Among major U.S. beef export destinations,
only South Korea is still increasing, with the
July 22.2 percent year over year increase, the
fifth consecutive monthly increase, leading to a
year to date 21.6 percent increase compared to
2013.
Click or tap here for more from
Dr. Peel as he explains about levels of US beef
and live cattle imports.
|
Retailers
Restocking Meat Shelves After Labor
Day
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 September 6th. The daily spot
choice box beef cutout ended the week last Friday
at $248.67 which was $2.37 higher than the
previous week. There were 925 loads sold for the
week in the daily box beef cutout, which was
another big week as retailers bought product to
restock shelves after Labor day and was about 13
percent of the total volume.
The
comprehensive or weekly average choice cutout
which includes all types of sales was $247.74
which was 48 cents higher with good
volume
The total reported box beef
volume of 7,165 loads was 587 loads less than the
previous week. That makes three
weeks in a row of large load counts which really
points to good movement for the Labor day grilling
weekend. Click here for the rest of
the report or to listen to Ed Czerwein's report.
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God Bless!
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phone: 405-473-6144
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