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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 $6.94 per bushel- based on
delivery to Oklahoma City Friday. 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
Monday,
October 6,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Edwards
Provides Cautious Outlook for Wheat
Lucas
Oklahoma
farmers are moving forward with wheat planting
despite on-going drought concerns. The US Drought
Monitor reports 91 percent of the state has been
given a drought designation. That is a increase of
almost 10 points in the last week. Oklahoma State
University Wheat Extension Specialist Dr.
Jeff Edwards is surprised wheat planting
is running ahead of normal with about 60 percent
of the crop planted.
"It's still
fairly dry out there and to see that much planted
does surprise me a little bit," Edwards said. "I
think its all driven by the cattle market. We're
short on pasture and we're going need some place
for those stocker cattle to move and wheat pasture
is the obvious place to get them there."
Some of the wheat that was planted in
early September is starting to come up and its
looking decent as there was still some moisture in
the soil profile. Edwards said he is hopeful that
the state can continue to receive some moisture to
keep the crop going for wheat pasture as well as
for the grain-only crop that is just starting to
be planted.
In recent years
Oklahoma has been averaging about 5.2 million
acres. If the state receives some timely rains in
October, Edwards said he thinks wheat acres could
increase to five and a half million acres to as
high as 5.6 million acres.
After
a dismal wheat crop in 2014, farmers are cautious
in putting that kind of investment into a crop
with the unpredictable weather. You can hear
our conversation with Dr. Edwards by clicking here and you can also
read to his recommendations as
well. |
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Secretary
Vilsack is Shooting for a New, Separate and
Supplemental Beef Checkoff by
2016
Agriculture
Secretary Tom Vilsack called some of the
groups involved with the Beef Checkoff Enhancement
Working Group into his office in Washington this
past week and told them he was so frustrated with
the current working group's failure to reach an
agreement that he has plans to start a second
checkoff under the 1996 generic checkoff act.
According to Forest Roberts, CEO
of the National Cattlemen's Beef Association, the
Secretary announced his intentions to move forward
in the near future with a "new, separate and
supplemental beef checkoff." Roberts was in the
meeting with the Secretary.
Also in the
Secretary's office for that meeting was Immediate
Past President of the NCBA, Wyoming Dairy farmer
Scott George. George told the
trade media in a teleconference on Friday
afternoon that he was surprised at the
announcement by the Secretary and that he was not
supportive of a new separate checkoff that would
be controlled more extensively by the Federal
Goverment and would likely not be coordinated with
the existing checkoff in building demand for the
beef cattle producers of this country.
Roberts,
George and Bob McCan, current
President of the NCBA, all went on the record on
Friday about the cattle group's concerns about
adding a second federally mandated Beef Checkoff
that would be more controlled by the Federal
Government than the current program that has been
in place since the late 1980s. McCan told
reporters that he fears this effort could prove to
be detrimental to the current Checkoff Program
that collects a dollar each time an animal changes
hands.
I
have produced a special extended Beef Buzz
featuring some of the key highlights from this
past Friday afternoon's media briefing by the
NCBA, offering their take on the ideas that have
been run up the flagpole by USDA Secretary Tom
Vilsack. You can click or tap here to hear
that report- as well as to read more from the
Friday news conference.
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TSCRA
Survey Shows Ranchers Plan Major Herd
Rebuilding
The
Texas and Southwestern Cattle Raisers
Association (TSCRA) Marketing Committee
recently conducted a survey where TSCRA members
provided information on herd reductions,
rebuilding intentions and primary rebuilding
challenges.
Most survey participants
indicated their herds are at 71% of their 10-year
average herd size. This is in-line with previous
drought surveys in 2011.
When asked
about plans for herd rebuilding, responses
indicated that members are positioning their
operations for growth. If grazing and
profitability conditions remain the same, 49% of
ranchers expect to increase their herd size by an
average of 34%.
If grazing and
profitability conditions were to improve, 65% of
responding ranchers expect to increase their herd
size by an average of 35%. If grazing
profitability conditions were to decline, 65% of
respondents indicated they would either make no
changes to or increase their herd size.
Click here to read the TSCRA
Marketing Committee Survey Executive
Summary. |
Survey
Finds Consumers Paying More For Bacon
Cheeseburgers
Shoppers
are paying slightly more for food at the grocery
store compared to the first half of 2014. Higher
retail prices for beef and pork products such as
ground chuck and bacon, among other foods,
resulted in a slight increase in the American Farm
Bureau Federation's latest Semi-Annual Market
Basket Survey.
The informal survey
shows the total cost of 16 food items that can be
used to prepare one or more meals was $54.26, up
$1.06 or about 2 percent compared to a survey
conducted about a year ago. Of the 16 items
surveyed, seven increased and nine decreased in
average price.
"Several beef, pork and
dairy products rose in price during the second
half of the year, accounting for much of the
increase in the marketbasket," said John
Anderson, AFBF's deputy chief economist.
"As anticipated, food prices have increased
moderately - by about 2 percent - during 2014,
which is essentially in line with the average rate
of inflation over the past 10 years."
Click here for the results
of the latest market basket survey.
|
Soy
Buyers Prefer Predictability of U.S.
Shipments
Some international buyers
prefer U.S. soy to that from top competitors
Brazil and Argentina because they can count on it
reaching them in a timely manner, according to a
new soy-checkoff-funded study.
In fact,
foreign soy buyers often pay as much attention to
the timeliness of a shipment delivery as they do
to the price. That's because late shipments can be
expensive for buyers, as they incur costs in
trying to find replacement crop, slowing down
crush facilities and other problems that arise
when shipments don't arrive in the time frame that
was promised.
"Our industry depends on
the reliability of our transportation system to
keep us competitive in the global market," says
Dwain Ford, soybean farmer from
Kinmundy, Illinois, and United Soybean Board (USB)
International Opportunities Target Area
coordinator. "This study really shows the
advantage the roads, rails and rivers give us and
how important it is to maintain and improve our
infrastructure."
Click here to read more on how
the US has an advantage over Brazil and Argentina
in meeting the demands of international
customers.
|
Baughman
Says Weed Control Requires Season-Long
Approach
Oklahoma
State University encourages farmers to take a
broad based approach to controlling weeds. Across
the nation a increasing number of weeds have been
resistant to weed control products like
glyphosate. Speaking at the recent OSU Caddo
Research Station Tour at Fort Cobb, OSU Weed
Specialist Todd Baughman said
farmers need to look at a total program approach
in controlling weeds in peanuts.
"We've got to start it from the front
end with some type of pre-emergence or pre-plant
incorporated program," Baughman said. "We have to
be strong up front to set our general foundation."
While there are some post - emergence
products, Baughman recommends using a residual
product because peanuts are a slow growing crop,
so weed control is important throughout the
growing season. With the digging process at
harvest late emerging weeds can also be
problematic.
I
interviewed Baughman on the issues of
herbicide resistant weeds. Click here to learn more on
treatment options in cotton, peanuts and
soybeans.
|
This
N That - TSCRA Fall Gatherings in Elk
City, Wagoner & Stillwater; Express Bull
Sale and OCA Makes a Mean Ribeye Sandwich
The
Texas and Southwestern Cattle Raisers
Association (TSCRA) will host a ranch
gathering on Tuesday, October 7 at Elk City
Convention Center in Elk City, on Wednesday,
October 15th at the Wagoner Civic Center, and
on Thursday, October 16 at the Payne Co. Expo
Center - Heritage Hall in Stillwater, Okla. All
three events begin with registration at 6:00
p.m. followed by a complimentary beef
dinner.
The event is free and open to
the public.
The
Elk City event will feature a
legislative update and law enforcement
news. The Wagoner event will focus on
issues facing ranchers and the Stillwater event will
feature TSCRA Special Ranger Bart
Perrier who will provide a law enforcement update
and offer ranchers information on how they can
keep their livestock and equipment safe and
secure.
Please RSVP to 800-242-7820,
ext. 192, or email to this address- rsvp@tscra.org. You can
also Click here for
directions.
**********
A
final reminder about the great folks at
Express Ranches getting ready for
their fall Bull Sale. It starts at 12 Noon
today- Click or tap here for details
from their website.
They
have videos of the Bulls being offered as well as
a catalog of all of the offerings, Bulls and
Females.
**********
A
post on Facebook alerted us to the word that has
come over the weekend that the Oklahoma Cattlemen
continue to fix a great sandwich at a real value-
having been named the Best Food Item at the 2014
Tulsa State Fair!
Congrats
to OCA!
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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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