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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
unavailable yesterday for all locations. 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, October 7,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured Story:
US
Corn Harvest Continues
Slowly
The
U.S. corn harvest for 2014 gained only five
percentage points in the last week, standing now
at 17 percent, compared to a five-year average of
32 percent harvested by this date, the
U.S. Department of Agriculture
reports.
Crop
quality continues virtually unchanged, with 74
percent rated good or excellent.
"This
is a very busy season for our growers as they deal
with harvesting a record corn crop," said NCGA
President Chip Bowling. "As we
hit the combines, we know we have challenges ahead
to keep our markets strong and growing, and to
ensure we have a good infrastructure in place to
move our grain around the country and across the
globe."
Harvest
progress has now reached all 18 tracked states,
ranging from 1 percent complete in North Dakota up
to 79 percent complete in North Carolina.
Seventy-seven percent of the corn crop is rated
mature, compared to a five-year average of 81
percent.
Click here for the complete USDA
National Crop Progress Report.
On
Friday, USDA will provide its monthly
updates on crop production, supply and
demand.
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deals .
The
presenting sponsor of our daily email is the
Oklahoma Farm Bureau - a
grassroots organization that has for it's Mission
Statement- Improving the Lives of Rural
Oklahomans." Farm Bureau, as the state's largest
general farm organization, is active at the State
Capitol fighting for the best interests of its
members and working with other groups to make
certain that the interests of rural Oklahoma is
protected. Click Here for their website
to learn more about the organization and how it
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|
Harvest
Gaining Momentum Across Southern
Plains
Corn
and sorghum harvest continues across
Oklahoma. In the latest crop
progress report from the US Department of
Agriculture corn and sorghum harvest both gained
16 points this past week. Corn harvest
reached 74 percent completion. Sorghum harvest was
49 percent complete. Peanut and soybean
harvest was underway with both crop reaching nine
percent harvested. Cotton harvest is getting close
with 93 percent of the cotton bolls opening, 15
points ahead of normal. Hay harvest finished with
good yields and quality reported.
Small
grain planting was progressing and rain was still
needed for emerged stands, and to promote
germination. There were also reports of armyworms
in recently seeded wheat. Wheat planting has
reached 70 percent complete with 27 percent
emerged. Canola planting was 80 percent complete
as of Sunday and 26 percent had
emerged. Click Here for the full Oklahoma
report.
Rainfall
delayed harvest for the second straight week
across Texas. Corn harvest gained
one point to reach 69 percent complete. Sorghum
harvest continued across the state in gaining five
points to reach 73 percent done. Cotton harvest
gained two points to reach 19 percent complete.
Soybean harvest continued in gaining 12 points in
reach the halfway point. Peanut harvest was five
percent complete. Some peanut producers in
the Northern Low Plains anticipate harvest in the
upcoming week, while peanut fields in areas of
South Texas were undergoing preparation for
digging. Wheat planting reached 54 complete
with 31 percent of the crop emerged. Click Here for the full Texas
report.
Rain
showers of up to two inches fell across north
central and eastern Kansas. Corn
harvest gained 11 points to reach 46 percent
completion, well behind the five year average of
56. Sorghum harvest struggled gaining only four
points over a week ago to reach nine percent
complete. Soybean harvest was eight percent
complete. The fourth cutting of hay was 79 percent
complete. Cotton maturity was running behind with
55 percent of the cotton bolls opening. Winter
wheat planting was at 51 percent complete and 26
percent emerged. Both are slightly behind
average. Click Here for the full Kansas
report
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Peel
Answers How High is High for Cattle Prices?
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow/Calf Corner
newsletter
"Feeder and fed cattle
prices are at or near all time highs and are
poised to keep moving higher. Both Feeder and Live
cattle futures suggest that higher prices are yet
to come. In several recent meetings and
conversations with producers, I am seeing a couple
of reactions to the current situation. There seems
to be an overall feeling of disbelief or a sense
that there is another shoe to fall. The basic
question seems to be one of "Is this for real?".
Given everything we have been through in recent
years and the amount of volatility in most input
and output markets, such hesitancy is
understandable. It is easy to remember corn and
wheat markets in 2008 which soared to astronomical
heights for a brief period of time. Are cattle
markets in the same situation: set for a wild but
short-lived ride into the
stratosphere?"
The preceding paragraph
was taken from an article that I wrote in January
of 2011. I stumbled across it recently and
realized that it applies to an even greater extent
today with a market situation that is
significantly different than when the original
article was written. Feeder cattle prices today
are nearly double (up over 90 percent) the level
when the question was posed in 2011. Fed cattle
prices are up over 50 percent from early 2011. No
one knew in January, 2011 that the beef industry
would suffer tremendously with drought impacts
into 2014 that would take an already tight supply
situation to extreme levels and provoke the
current unimaginable production and market
situation.
It
appeared in early 2011 that the beef cattle
industry was poised for herd expansion with cattle
inventories already lower than intended by the
industry. Instead, we find ourselves in 2014 with
the beef cow herd down another 6 percent from the
2011 level. Click here to read Peel's outlook
on when herd expansion will begin and how long it
will take to expand the cowherd.
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A
group that has been highly critical of farming
practices for years in northeast Oklahoma
has come out strongly in favor of the Waters of
the US proposed rule from the EPA and the Army
Corps of Engineers. In a statement issued this
week, STIR(Save the Illinois
River) gives the federal agencies a pass
and accept at face value what they have been
saying about the proposed rule
"EPA and
the Army Corps proposed the changes after court
rulings on the confusing issue of navigable
waters. EPA apparently didn't do a real good job
communicating the changes, arousing unnecessary
concerns from folks already nervous at the
service.
"According to EPA, the changes
will not hurt farming and ranching practices that
are exempt from the rules. But some want to scare
us into believing the EPA's motive is to have more
power over our lives. These folks don't grasp the
impact that wetlands, marshes and normally dry
ditches can have on streams, lakes and ground
water. To these people dirty water is alright
because there's an endless supply of bottled
water."
There's
more from STIR- which you can read here.
On
the flip side of WOTUS, there is an analysis that
has been published by Dr. Bonner
Cohen of the National Center for Public
Policy Research. In the analysis,
"WOTUS: The Facts About EPA's Wet Fiction," Dr.
Cohen points out that the EPA contends that its
regulatory onslaught is necessary to clear up
"uncertainties" arising from U.S. Supreme Court
decisions from 2001 and 2006. Those rulings
restricted the EPA's authority and cast doubt over
the legitimacy of its schemes to regulate wetlands
and intermittent bodies of
water.
"Despite losing
both cases," Dr. Cohen says, "EPA now claims that
ambiguities in the rulings give it greater
authority than ever before to regulate isolated
and intermittent bodies of water on private
land."
In
his report- Cohen cites a half dozen statements
that have been made about WOTUS by the EPA that
staffers of the Senate Environmental and Public
Works Committee have labeled as "not
true."
Those
statements include:
--
The EPA says WOTUS does not apply to ditches. (Not
true.)
--
The EPA says WOTUS does not require permits for
normal farming activities, like moving cattle.
(Not true.)
--
The EPA says WOTUS will not apply to groundwater.
(Not true.)
You
can jump over to our webstory here on
this analysis and read the other "not true"
statements according to staffers on the
EPW.
|
Rabobank
Says Russian Bans Won't Slow Runaway Beef
Markets
The
Rabobank Q3 Beef Quarterly
reports that global beef supply is in a tightening
phase, with most key producing and export regions
already experiencing record tight supplies.
Further tightening is expected throughout the
remainder of 2014 and into 2015. Russian import
bans are unlikely to have a large impact on world
beef markets with Brazil's industry likely to be
the ban's largest beneficiary. The impact on major
exporters, such as Australia and the US, will be
minimal given increased impediments to trade with
Russia prior to the current ban.
"There
is largely positive news for the global beef
industry as strong demand and tight supply are
showing no signs of slowing, pushing prices, in
some cases record prices, even higher", explains
Rabobank analyst Angus Gidley-Baird.
Regional Outlook -- US: Volatility
continues to characterize the U.S. market as
cattle prices continue to trade at record levels,
and consumer appetite remains firm
Click Here to read the outlook
for Brazil, Australia, China, New Zealand,
Canada, Argentina, Mexico, Indonesia and the
EU. |
OSU
Dean Coon Loving Oklahoma
Dr.
Tom Coon, the newly appointed vice
president, dean and director of the Division of
Agricultural Sciences and Natural Resources
(DASNR) at Oklahoma State University is getting
used to Oklahoma. Coon officially
assumed his new role July 1 directing DASNR's
academic programs, research and Extension
activities. Since joining the OSU faculty he has
spent a lot of time traveling the state.
"It's a beautiful land," he said.
"It's also a land of beautiful people. My heart
has really been touched by a lot of people I have
encountered and grown to
know. It's hard to imagine how
many people I have met in three months and how
deeply they have affected me, but this is a
wonderful place, wonderful people."
Last week he spent some time at the
Tulsa State Fair to see the youth participate in
livestock shows. I caught with Dean Coon at the
McDonalds Night of Champions at the Fair and we
talked about seeing youth actively engaged in
agriculture. You can read or listen to the full
interview by clicking here.
|
Armyworms
Invading Oklahoma Wheat Fields- Tom Royer Says
Time to Scout and Attack is
Now
Tis
the season for Fall Armyworms in newly planted
winter wheat. OSU's Dr. Tom Royer
says that you need to be checking your fields early
in the morning and late evening for worms and
window panes in leaves. Threshold for control is 2
to 3 larvae per linear foot of row of wheat.
Activity will continue until we get a killing
frost.
Dr. Royer has issued the
alert- and we have more on it here-
including links to some excellent pictures of what
you are looking for- and the detailed OSU brochure
on control options for Armyworms and other fall
pests of small grains in our state.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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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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