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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
$6.74 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
Tuesday, September 23,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Corn
Harvest Going Strong Across Southern
Plains
Corn
harvest was active across
Oklahoma. In the weekly crop
progress report from the US Department of
Agriculture this past week corn harvest made a lot
of progress gaining 27 points to reach 43 percent
complete. Sorghum coloring reached 90 percent with
63 percent of the crop mature and 17 percent of
the sorghum crop was harvested. The peanut crop
was reaching maturity in gaining 27 points last
week with 58 percent of crop reaching maturity.
Seventy-four percent of cotton bolls were opening.
The fourth cutting of alfalfa hay reached 68
percent complete. Soybeans are getting closer to
harvest with 29 percent of the crop dropping
leaves. Canola planting reached 43 percent
complete. That's up 31 points over a year ago.
Winter wheat seeded jumped 21 points to reach 35
percent complete and rye seeding reached 44
percent complete.
Click Here for the full Oklahoma
report.
Texas
began the week warm and dry, then turned cooler
with some much needed precipitation. The state
received 2 to as much as much as five inches of
rainfall. Corn harvest for silage and for grain
continued with harvest reaching 67 percent
complete, slightly ahead of last year and the
five-year average. Sorghum and cotton harvest made
very little progress this past week with both
crops only gaining one percentage point. Sorghum
harvest reached 67 percent complete and cotton
harvest reached 16 percent done. The peanut crop
progressed in areas of the Northern Low Plains and
South Texas aided by recent rainfall. Soybeans in
the Northern High Plains continued to drop leaves
and mature. Winter wheat seeding continued
throughout many areas of the state. Twenty percent
of the wheat crop has been planted with five
percent beginning to emerge. Pasture and range
conditions were in mostly good condition and
appear to have benefited greatly from the recent
rainfall.
Click Here for the full Texas
report.
Rain
showers were limited to mostly the eastern third
of Kansas. Corn harvest gained
eight points this past week to reach 26 percent
complete. Sorghum harvest was slow to progress
with harvest three percent complete. Alfalfa hay
cutting was 59 percent complete, which was ahead
of last year and near the five-year average of 55.
Soybeans dropping leaves was 38 percent. Cotton
was progressing on track with last year with 93
percent setting bolls and 31 percent opening.
Wheat planting reached 15 percent, which was near
last year and the five-year average.
Click Here for the full Kansas
Report.
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As
Harvest Progress Lags, USDA Indicates Corn
Crop Quality Still High
With
both harvest and maturity progress lagging behind
the five-year average, the condition of the U.S.
corn condition remains strong, according to
the U.S. Department of
Agriculture Report released Monday.
Seventy-four percent of the crop remains in
good-to-excellent condition as of September 21, 19
percentage points more than at this time last
year. With only 42 percent of the corn crop at
full maturity, lagging progress has not harmed
forecasts of potentially record-breaking
production.
"The
corn crop may be running behind schedule in many
areas, but it still appears to far surpass
previous years' both in terms of quality and
quantity," said NCGA President Martin
Barbre, a farmer in Illinois. "This
year's abundance has come at a price for many
farmers though. We have achieved what may be
record heights this year, but the prices offered
for the crop continue to fall. For some, current
market conditions could even result in prices
below that of production. Even as we finish our
work in the fields, it is imperative we also focus
our attention on growing markets. Farmers must
speak loudly and in great numbers to make sure our
government in Washington does not take any action
that would further jeopardize our markets or
increase our cost of production."
In
this second report offering harvest data, progress
fell further behind the five-year average. With
seven percent of corn acres harvested nationally,
a three-point gain from last week, progress lags
eight points behind the five-year average. Texas
and North Carolina again showed the highest
percentage of harvested acres, 67 and 64 percent
respectively, while harvest had not begun as of
September 21 in seven states.
Crop
quality reports held relatively stable from the
previous week with one point shifting up from the
good to the excellent category. The percentage of
corn in dent stage increased by eight points and
now trails the five-year average by only two
points. At the same time, 42 percent of the crop
has now reached full maturity, 12 points behind
the five-year average.
Click here for the whole report
on crop progress- there are now harvest reports
for corn, soybeans, grain sorghum, cotton and
peanuts.
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Peel
Excited For Winter Wheat Grazing Prospects This
Fall
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow/Calf Corner
newsletter.
Winter wheat grazing
prospects in the Southern Plains are the best in
several years; at least as indicated by winter
wheat plantings. I traveled through southeastern
Colorado and across the Oklahoma Panhandle and
northern Oklahoma last week. A significant amount
of winter wheat is planted and up in southeastern
Colorado and the Oklahoma Panhandle. There was
lots of activity as a minority of fields not yet
planted were being prepared for planting with the
majority of acres in the process of planting or
already planted.
In the last 30 days,
the Panhandle has received 2.31 inches of
moisture, 117 percent of normal for the time
period according to the Oklahoma Mesonet. Coming
across northern Oklahoma, from Woodward east
towards I-35, it is considerably drier, confirmed
by Mesonet with the north central region having
received 67 percent of normal precipitation for
the past thirty days. Planting progress is not as
advanced in this region compared to the Panhandle.
Other regions of the state have generally adequate
moisture, though the south central region has only
received 69 percent of normal moisture in the past
30 days. Overall, wheat planting seems to be
progressing faster than any time in the past five
years.
A
relative abundance of wheat pasture this fall may
be in contrast to extremely tight supplies of
available stocker cattle. Wheat
pasture grazing values may be pressured as more
wheat acres chase a limited number of stockers. At
the same time, stocker demand is likely to add
additional support to calf prices this fall. This
fall may bring together the best opportunity for
winter wheat grazing in several years with both
forage availability and favorable economics. This
assumes, of course, that moisture conditions do
not turn dry this fall, which remains a distinct
risk. The Drought Monitor is a reminder that
marginal drought conditions remain across the
Southern Plains and, while timely rains this
summer have improved conditions considerably, any
interruption of timely moisture would permit
drought conditions to rebuild quickly. Click Here to read more about the
economics for stockers.
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On-Going
Drought Conditions to Persist Until
2020
Oklahoma
is in the midst of two long term weather cycles in
the Atlantic and Pacific Oceans that cause drier
than normal conditions. Attendees at the Western
Governor's Association Drought Forum held Thursday
at the National Weather Service Center in Norman
heard about the outlook for drought continuing for
the south central United States. In a interview
with the Radio Oklahoma Network, Mark
Shafer, Deputy Director of the Oklahoma
Climatological Study and Director of the Southern
Climate Impacts Planning Program for the
Association said these large scale ocean
circulations in the Pacific and Atlantic Oceans
change very slow and he doesn't expect the
situation to change until after 2020.
"That kind of favors a dry pattern,"
Shafer said. "Doesn't mean that we are going to
stay in drought or that we are not going to get
relief from it, but tends to kind of shape things
that way for the south central US."
The impact of this drier than normal
pattern will vary throughout the country. Texas,
Oklahoma, New Mexico and southeastern Colorado may
not see the exceptional or extreme drought, but
drought-like conditions will continue for at least
another five more years.
While you can't stop the drought,
Shafer said we can prepare for it with a drought
early warning system. Click Here to read how Oklahoma
has been preparing for ongoing drought.
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With
Limited Irrigation Water- How Many Acres Do You
Crop?
Getting
the most value out of irrigation water is likely
on the minds of many farmers across the southern
Great Plains. As groundwater supplies diminish,
pumping rates decline and talk of local water
conservation policies surface in the region, these
farmers face even more difficulty in determining
how to best manage limited
water.
Nathan
Hendricks, assistant professor of
agricultural economics at Kansas State University,
recently examined how the value of agricultural
production declines as water availability
decreases. He specifically looked at two general
management methods to determine which is more
effective: deficit irrigation on a larger number
of acres versus more intense irrigation on a
smaller number of acres.
Intensive
focus on fewer acres seems to have the upper
hand
To answer the question of which is
better, pumping more intensively on fewer acres
versus less intensively on more acres, Hendricks
said he first looked at the basic economics. The
question only relates to those facing limited
irrigation, not those farmers who currently have
limited authorized irrigated acreage and can fully
irrigate that acreage.
Click here to read more on
balancing reducing irrigation intensity and
acres.
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General
Mills Shareholders Urged to Reject GMO Food
Proposal
The National
Center for Public Policy Research is
urging General Mills investors to
vote down a shareholder proposal that would direct
the company to remove completely safe and
nutritious genetically modified organisms (GMOs)
from its products. The proposal will be
voted on at Tuesday's annual meeting of General
Mills shareholders in Minneapolis,
Minnesota.
"General Mills' shareholders
can send a strong message to self-appointed food
police by rejecting this junk-science proposal.
The scientific debate regarding GMOs is over and
the radical activists have lost," said National
Center Free Enterprise Project Director Justin
Danhof, Esq. "The science is settled - GMOs are
safe."
If approved, the proposal would
require the company to remove GM ingredients from
all the products it manufactures or sells. The
proponent deceivingly claims this removal is
necessary because they "believe genetic
engineering involves risk to the environment, food
security, and public
health."
Numerous
independent and well-regarded scientific
organizations and studies have categorically
proven that GMOs are safe. Click here to read more about the
proposal being reviewed by the General Mills'
shareholders.
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Excel
Based Farm Program Decision Aid Released by
Oklahoma State and Kansas
State
Oklahoma
State University and Kansas State University have
released a computer decision aid to help farmers
decide on the best option for participation in the
2014 Farm Bill commodity program. The Farm Service
Agency (FSA) has not announced when they will
start to take enrollment, but this computer aid
will allow farmers to evaluate the program and to
start thinking about the option that best fits
their farm.
Dr.
Jody Campiche and Dr. Eric
DeVuyst of Oklahoma State led the
development of the program from the OSU side, as
they worked with Dr. Art Barnaby
and Dr. Mykel Taylor of Kansas
State University.
Dr. Barnaby
indicates that K-State has plans to offer a
webinar that will update the information on the
Farm Bill and a discussion on how to use the
decision aid. Details on the webinar will be
available in the near future.
Head over here to our Top Ag Story
of the morning to learn more
about
this decision aid and for the links to the
download from either the OSU or the K-State
websites.
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God Bless!
You can reach us at the following:
phone: 405-841-3675
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Farm and Ranch News Email.
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