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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
$6.99 per bushel- based on delivery to the elevator
in Oklahoma City 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,
October 14,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured Story:
Trey
Lam, Garvin Conservation District board
member and former President of the Oklahoma
Association of Conservation Districts, has been
named executive director of the Oklahoma
Conservation Commission by the five Commissioners
following a special meeting today. He will
officially enter service on November 17,
2014.
"Mr. Lam's extensive professional
and personal experience in conservation along with
30 years' experience in operating his own farm
make him the clear choice for this position," said
Karl Jett, Commission
Chairman.
Following in the footsteps of
his father, who served on the Garvin District
board for over 20 years, Lam is a lifelong
conservationist who has taken his knowledge of
Oklahoma's land and agriculture to the national
stage as Oklahoma's representative on the National
Association of Conservation Districts'
board.
"Trey Lam is an outstanding
choice to lead the Oklahoma Conservation
Commission," said Jim Reese,
Oklahoma Secretary of Agriculture. "His leadership
in conservation, the conservation districts and
conservation programs will be a great asset for
the Commission."
Lam succeeds
Mike Thralls, who retired last
month after 17 years of service. Click here to learn more about
Lam and his leadership
experience. |
Sponsor
Spotlight
Midwest
Farm Shows is our longest
running sponsor of the daily email- and they say
thanks to all of you who participated in this
spring's 2014 Oklahoma City Farm
Show.
Up next will be the
Tulsa Farm Show December 11-13,
2014. Click here for the Tulsa Farm Show
website for more details about this tremendous
show at the River Spirit Expo Square in Tulsa. Now
is the ideal time to contact Ron
Bormaster at 507-437-7969 and book space
at the premier farm show in Green Country-the
Tulsa Farm Show.
Oklahoma
Farm Report is happy to have
CROPLAN® as a sponsor of the
daily email. CROPLAN® by WinField combines the
most advanced genetics on the market with
field-tested Answer Plot® results to provide
farmers with a localized seed recommendation based
on solid data. Four WinField Answer Plot®
locations are in the works for Oklahoma featuring
wheat and canola. Talk to one of our
regional agronomists to learn more about canola
genetics from CROPLAN®, or visit our website for more
information about CROPLAN®
seed.
|
Oklahoma
October Rain Brings Wheat Pasture and Stocker
Demand
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow/Calf Corner
newsletter.
The formula is pretty
simple. Winter wheat planting in Oklahoma this
fall is ahead of normal pace and the best in
several years. All that is lacking in many cases
is a rain to get the wheat up or connect surface
moisture with subsoil moisture and keep the wheat
growing. Much of Oklahoma received rain the past
few days, ranging from less than half an inch to
more than 4 inches. Generally, the rain was just
what was needed. In a few instances, the rain came
very fast and hard and may result in a need to
replant; but with moisture available that can be
accomplished quickly. In any event, significant
wheat pasture seems assured as a result. That, in
turn, means that demand for a limited supply of
stocker cattle will support calf prices at current
levels or perhaps even higher.
The
price for 450 pound, Medium and Large, number 1
steers last week in Oklahoma was $301.73/cwt. or
$1358/head. For steers that are one hundred pounds
heavier (550 pounds), the price was $273.60/cwt.
or $1505/head. These purchase prices are sobering
for many producers and lenders. However, current
price levels for feeder cattle suggest that an
attractive gross margin or value of gain is
offered in the current market. Using the current
price of $253.24/cwt. ($1773/head) for 700 pounds
steers, results in a gross margin of $415/head or
$1.66/pound of gain on 250 pounds of gain
beginning with the 450 pound steer. Against the
550 pound beginning weight, an 800 pound steer is
currently priced at $240.66/cwt. ($1925/head) with
a gross margin of $420/head or a value of gain on
250 pounds of gain of $1.68/pound of gain.
Starting
with the 550 pound steer and using typical costs
of production including death loss; feed cost of
gain; labor; vet and medicine; interest; marketing
and other expenses results in a breakeven in the
range of $229-234/cwt for an 800 pound steer on
March1, 2015. An even wider breakeven range is
possible depending on the production and cost
assumptions. Of course, producers should do
personalized budgets using individual values and
assumptions. A spreadsheet tool to aid producers
with wheat stocker budgets can be downloaded by clicking here.
Click here to read more on Peel's
outlook for feeder
calves. |
World
Food Prize Events Underway This Week in
Iowa
Many
of the world's top scientists, agricultural
researchers, and government leaders are in
America's Heartland this week for the annual World
Food Prize events. Kenneth Quinn,
president of the World Food Prize
Foundation, says much of the discussion
will center around the effort to produce enough
nutritional food to feed the world's anticipated
population of 9 billion by 2050.
The
events, planned for Des Moines, Iowa, will start
with a presentation about the current trend lines
of feeding the population of the world in the
years ahead. "Lots of people talk about the
challenge of doing it, but very few - almost no
one talks about how are we doing? What's our
trajectory? Are we going to get there? We have one
of the really brilliant analytical agricultural
economists, Dr. Ken Cassman, and
he's going to say, 'no, it doesn't look like it,'"
Quinn says.
Other experts will argue we
are on course to meet the world's anticipated food
demands 35 years from now. Most believe we're not
going to meet the demand unless dramatic changes
are made. Quinn says panelists will tackle some
tough questions this week in Des Moines. "What do
we need to do? What are the resources and research
needed to identify those elements that can changes
this trajectory?"
The
ebola outbreak will also be a hot topic. Click here to learn more about
the many different World Food Prize events that
are going on all
week. |
Build
a Pond Once, The Right Way
If
it is worth doing, it is worth doing right. This
old adage rings true for pond construction as much
as anything.
"You only get one chance
to build a pond the right way," said
Marley Beem, Oklahoma State
University Cooperative Extension aquaculture
specialist. "There are many, many ways in which a
pond can be built wrong. None of which you will
want to experience."
Many of these
avoidable pond construction errors involve the
dam. While it is cheaper to build the dam with
steeper banks, pond owners are left with a
short-lived pond with a weak and narrow
dam.
"A dam with a broader base and
gentler slopes will be stronger, less prone to
erosion, less vulnerable to burrowing damage and
easier to mow twice yearly to eliminate damaging
trees and shrubs before they get established,"
Beem said.
Click here for more pond
construction tips from OSU. You can also get
assistance from the Natural Resource Conservation
Service. |
Body
Condition Scoring Helps Producers Plan Ahead for
Cow Needs
Body
condition is one of the best determinants of a
cow's reproductive potential. When producers try
to add body condition to their own cowherd, it can
be difficult and expensive to do so. As a result
it's important producers know their body condition
scores of their herd. Kansas State University
Extension Livestock Specialist Sandy
Johnson says by recording body conditions
scores now that can save producers in the long
term.
"It's often when we are closest
to things that you don't see some of the changes
that are occurring and the changes typically will
be rather slow," Johnson said. "If we make a
concerted effort to just take a few moments, score
those cows when we're checking
them."
Body condition is
typically scored on a scale of one to nine. A
score of a one means the cow exhibits very little
fat deposits or muscling. A score of a nine means
the cow is very fat to the point that animal
mobility can be impaired by excessive fat. An
ideal score is a score of five or six where the
cow has good balance of muscling and
fat. By regularly recording body
condition scores of your individual mamma cows
that can help producers plan for needed changes in
nutritional requirements for both that individual
cow and the total mamma cowherd. Johnson
recommends checking cows often enough so producers
can track body condition changes over time.
Today's
Beef Buzz features comments from Johnson- Click or tap here to hear her
comments as well as to read more on the key
times to monitor cow body condition.
|
Boxed
Beef Values Storm Higher in Latest Reporting
Week
In
the weekly boxed beef trade for week ending
October 11, Ed Czerwien of the US
Department of Agriculture Market News in Amarillo,
Texas reports the daily spot choice box beef
cutout ended the week last Friday at $247.67 which
was a whopping $9.35 higher than the previous
week. Each day was better all week long which was
quite an improvement from the previous week. There
were 890 loads sold for the week in the daily box
beef cutout, which was almost 200 loads less than
the previous week and was about 15 percent of the
total volume.
The comprehensive or
weekly average choice cutout which includes all
types of sales was $243.48 which was $4.77 higher.
The total reported box beef volume was 6,641 loads
which was 307 loads less than the previous week
but good volume again especially when you add the
previous out-front sales from a month
ago.
Exports were at 635 loads which
was 115 loads less than last week and continues to
show the influence of the increasing value of the
dollar compared to a couple of months
ago. The formula sales were at 3,507
loads which was about the same as last week but
about 53 percent of the total loads sold. Once
again as prices jump and other types of sales drop
off in volume the formula sales hold their own and
increase as a percentage of total sales. Click here to read more about the
out-front sales and cow cutout
values. |
This
N That- English Farmer Worries About the Day When
the Farmer is Guilty Until Proven Innocent- AND
Pretty Colors Across Oklahoma
Ian
Pigott is a farmer not far from London,
where 13 million people work and live- and he
worries a lot about how those urban consumers view
farmers and farming.
Ian
does more than worry- he has been proactive to
deal with the gap between perception and reality
about how farmers raise the food needed by a
hungry world.
As
a result, he will be honored tonight with an award
named after former AFBF President Dean
Kleckner at a Global Farm Awards Banquet
in Des Moines that is a part of the World Food
Prize celebration going on this week.
Pigott
says he believes "We are in danger of returning to
an era where the farmer is guilty until proven
innocent." That belief has spurred him to
engaging with consumers in several ways to tell
about the good things farmers are doing to feed
and clothe them.
For
example- In 2006, Pigott founded Open Farm Sunday.
It's a day where more than 400 farmers throw open
their gates and welcome consumers, free of charge.
This takes place annually the second Sunday in
June and so far, more than 1.5 million consumers
have participated.
According to Pigott,
Open Farm Sunday has three objectives:
--
In welcoming visitors, we show ourselves as an
industry that's open and proud.
-- It's a
great story that appeals to the national
media.
-- It creates a united platform for
all sectors of farming to stand together with one
goal - promoting farming as it is.
Ian
Pigott will receive the 2014 Kleckner Trade &
Technology Advancement Award at a Global Farmer
Awards Dinner hosted by Truth About Trade &
Technology and CropLife International. The award
has been given annually since 2007 and recognizes
a global farmer who exemplifies strong leadership,
vision and resolve in advancing the rights of all
farmers to choose the technology and tools that
will improve the quality, quantity and
availability of agricultural products around the
world.
It
seems to me that we need a lot more Ian
Pigotts.
**********
Finally-
our friend Jed Castles of News9
in OKC has produced a very colorful Oklahoma map
showing rainfall since last Thursday across
Oklahoma- most areas got an inch and a half or
more of the wet stuff with the exception of a
couple of counties in southwestern Oklahoma.
It
should set up the canola and wheat planted to get
very well established ahead of the winter season-
and there was runoff in many areas that has
resulted in some nice "pond filling" that brings a
smile to cattle producers.
Here's
that map posted by Jed:

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