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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
$7.18 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 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
Thursday, September 11,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Peel
Urges Producers to Rethink Cattle Production
Decisions
If
you are a cattle producer, then you are on the
receiving end of record high cattle prices. Cash
prices are strong across all classes of cattle.
Oklahoma State University Extension Livestock
Marketing Specialist Derrell Peel
said this may mean its time for producers to
rethink their management
decisions.
"High prices doesn't
guarantee high profits, but it certainly makes it
easier, it gives you a better chance for that,"
Peel said. "What it does it really allows
producers to focus on the cost side of that
revenue equation. Markets are going to be there
for the foreseeable future, we're going to have
good prices, so what can we do to manage costs and
production decision behind those costs to take
advantage of this situation."
For the
stocker end of the business, the biggest area of
risk for producers is death loss, Peel said right
now market risk is market risk is relatively less
important, so producers need to being paying more
energy into management.
"It might
suggest some marginal changes in say your health
management protocol," Peel said. "..If you use a
temperature protocol, it might make sense to lower
that a little bit, half a degree, you pull those
animals a little sooner, you're going to spend a
little bit more money on treatment costs, but what
you are doing is changing the odds that animal
either gets sick or dies."
Peel
has other recommendations for cow-calf producers,
click here to read or to listen
to this Beef Buzz feature.
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USDA
Reports Out This Morning May Give Us More
Direction on How Big Our Spring Planted Crops
Really Are
While
attention following the release of the September
round of supply and demand numbers is expected to
focus on new-crop production estimates, global
ending stocks projections could tell the real
story- so says Darin Newsome with
DTN.
USDA will release its latest Crop Production
and World Agricultural Supply and Demand Estimates
(WASDE) reports at 11 a.m. CDT this morning. The
agency will also release its latest Crop
Production and World Agricultural Supply and
Demand Estimates (WASDE) reports at the same
time. Rich Nelson with
Allendale offers the following ideas on what the
reports may be pointing to:
"Corn
- We see old crop 10 million larger than
USDA's August report. Imports are seen 5 million
smaller which moderates a 15 million drop for
ethanol. For new crop Allendale's 25th annual
Nationwide Producer Survey implied yields of 171.9
bpa for the September report.
"Soybeans
- Old crop exports and crush are seen 20 and 10
million higher than USDA's August report
respectively. We do not expect USDA to make those
changes on this report. It is likely they hold
from adjusting the old crop balance sheet until
the Sep 30 Grain Stocks report. That report will
likely show a higher revision for the 2013
production. For new crop the 25th annual survey
suggested yields of 46.4 for the September
report.
"Wheat
- Per normal USDA practice we expect no changes
for production until the Sep 30 Small Grains
Summary. For demand we expect lower exports by 25
million and lower feed use by 15."
We
will have reaction and the numbers in several
stories later on today on our website- Oklahoma Farm Report-
and we will have an overview in tomorrow's email
as well.
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Oklahoma
State Fair Kicks Off Today - Get Your Pork Chop
Sandwich
The
Oklahoma Pork Council will begin
serving up pork dishes on opening day of the
Oklahoma State Fair today in Oklahoma
City. Oklahoma Pork Council Executive
Director Roy Lee
Lindsey said offering pork at these
events is a long standing tradition that fair
goers have come to expect.
"I can't
tell you how many people say I always come and get
a pork chop sandwich at the state fair and we're
really happy to continue to put that product out
there for them," Lindsey said.
When
looking at all the fair food options, Lindsey said
this is also one of the healthiest options
visitors will find. He said a pork chop sandwich
because it is two lean pieces of pork loin and
bun. They also offer fresh ground pork burgers and
a pulled pork sandwiches as well.
This
is a limited time offer. The Oklahoma Pork Council
cooks up pork for the public at three events
annually - the Oklahoma State Fair, Tulsa State
Fair and the Oklahoma Youth Expo in March.
You
can listen to a more extensive audio
conversation with Lindsey by clicking here. You can also
watch our 'In the Field' segment promoting the
Oklahoma Pork Council's activities at the Oklahoma
State Fair.
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Cold
Front Start of a Long Fall Harvest, Anderson
Says
A
cold front across the northern cornbelt looks to
be the start of wet trend across the midwest,
making harvest more challenging for farmers. DTN
Senior Ag Meteorologist Bryce
Anderson said this week's freezing
weather and rainfall will be a ongoing trend.
"The Pacific Ocean indictors there is
more of a trend toward at least a weak El Nino for
later this fall to develop," Anderson said. "When
that is effect it relates to a higher than average
rainfall total for much of the plains and midwest
going into the fall season."
In a
interview with Leslie Smith of the Radio Oklahoma
Ag Network, Anderson said this is another
indication much of the US is getting set for fall
that is normal to above normal precipitation and
temperatures running normal to below normal
levels. This combination looks to bringing a
challenge to harvest while impacting crop
quality.
"The way things are shaping up
this looks to be a fall comparable to the 2009
harvest," Anderson said. "During that fall,
harvest really dragged out and there were numerous
issues with crop quality, with very light grain. I
don't think we're going to have quite that extreme
of a scenario for this fall, but it is going be
one where we will see some issues with grain
weight not being quite the weight we would like to
see there's going to be some moisture issues as
well."
Anderson
said this weather pattern will have some news good
news for the southern plains. Click here to read more about the
fall weather outlook.
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Farm
Bureau Urges Congress to Bring Common Sense to
Endangered Species Act
The
Arkansas Farm Bureau and the American Farm Bureau
Federation called for clear, cost-benefit analyses
from regulatory agencies that enforce the
Endangered Species Act. Since current rules
account only for government expenditures, Arkansas
Farm Bureau President Randy Veach
said the often oppressive cost of ESA enforcement
on the private sector gets ignored.
"If
over-zealous enforcement of federal laws, such as
the ESA, were to hinder, disrupt or further burden
our farmers and ranchers, we will not be able to
sustainably raise the crops and livestock
necessary to feed the 7 billion people currently
on our planet, much less the 9 billion projected
by 2050," Veach said.
Veach spoke
before the House Committee on Natural Resources in
support of H.R. 4319, the Common Sense in Species
Protection Act of 2014. The bill would require
federal agencies to show full economic
justification before placing any land under the
protection of a critical habitat designation,
which often severely restricts farming and
ranching in the affected area. Click here to read more about the
concerns Arkansas Farm Bureau and University of
Arkansas have with the Endangered Species
Act.
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Heart
of America Farm Show Focused on
Family
Coming up next week is the
Heart of America Farm Show. The
second annual event will be held September 18,19,
and 20th at the Tulsa RV Ranch. Show Director
Kevin Kite said this is much more
than your typical farm show in offering a fun,
family oriented event with a wide variety of
activities.
Each day the Heart of
America Farm Show is open 9 am - 5 pm with over
100 exhibitors representing anything ag-related
from farm equipment to household items. The event
will feature antique tractors from the Oklahoma
Antique Tractor Association and Standing Tall
Tractor Club. Kite said they will also have the
northeast Oklahoma Gun Fighters and Re-Enactors
walking around the grounds having shootouts.
During the three-day event there will
be educational opportunities. Cattle dog
demonstrations and seminars on farm and ranch
security on how to protect your cattle and
machinery from theft will held twice a day.
Saturday features a Consignment
Auction for farm and industrial equipment starting
at 9:30 am. The Oklahoma Farm Bureau will sponsor
a Kid's Farm Safety Day Camp from 10:30 am to noon
to teach youth ages 10 - 13 how to prevent
accidents on the farm. A Professional Rodeo
Cowboys Association (PRCA) Rodeo will be held
Saturday night with a preshow featuring Native
American Fancy Dancers and Li'l Rough Riders
Mutton Bustin. The PRCA Rodeo starts at
7pm.
Click here to learn more about
the upcoming Heart of America Farm Show.
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Cotton
Confab, Canola Calibration and Cattle's Labor Day
XXXV- ALL Things to Check Out Today
Some
quick hits for you to check out on our calendar at the
Oklahoma Farm Report website:
There
has been an exceptional amount of pesticide drift
damage to crops this year in Southwest Oklahoma.
Caddo County is seeing more damage this year than
in past years. Therefore, the program for the
Fall Cotton Tour will focus on drift minimization
when applying pesticides. The Carnegie Farmers
COOP and Gin is sponsoring the event again this
year and it will be held on the Merlin Schantz
Farm- starting with registration at 8:00 AM this
morning-
Click or tap here for more
details.
*********
The
second of four Canola Calibration Clinics are
being held today- this one in Kingfisher County at
the Fairgrounds starting at 9:00 AM.
Josh Bushong with OSU Extension
and Heath Sanders with the Great
Plains Canola Association are teaming up to offer
producers some hands on training to make sure the
drills you are using for canola this year
are calibrated correctly- very important when you
are putting a tiny seed like canola in the
ground.
Click or tap here to learn more-
there will also be a similar clinic tomorrow in
Lahoma.
***********
Finally,
we remind you of the Superior Livestock Labor Day
XXXV sale- starting this morning at 9:00 AM
Central Time.
There
will be over 65,000 head of cattle selling at the
sale today and tomorrow- with a good set of
females that can come back to your ranch that will
be selling tomorrow.
Click here for details about
Labor Day XXXV- and head on over to Superior Click to Bid and check
out the action.
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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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