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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 $8.25 per bushel- based on
delivery to the Oklahoma City elevator 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,
November 4, 2014
It's Election Day- GET OUT
and Exercise Your Right and Obligation to
VOTE!!!!!!!!! |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Global
Roundtable Approves Sustainable Beef
Principles
The
Global Roundtable for Sustainable
Beef (GRSB) announced that its membership
has overwhelmingly approved global Principles and
Criteria for defining sustainable beef and
sustainable beef production practices. Members of
the global beef community, including
representatives from every segment of the supply
chain, have worked on this collaborative effort
for more than a year-and-a-half to identify and
define the core principles for sustainable beef
production and delivery.
"Arriving at a
common definition, which includes five core
principles and detailed criteria for sustainable
beef, has been a difficult task and one which took
a lot of hours and a great deal of negotiation,"
said Ruaraidh "Rory" Petre, GRSB
executive director. "Our members are to be
commended for their commitment to finding common
ground and identify a clear path forward as we
work to improve the sustainability of the global
beef chain."
GRSBdefines sustainable
beef as a socially responsible, environmentally
sound and economically viable product that
prioritizes Planet (relevant principles:
Natural Resources, Efficiency and Innovation,
People and the Community); People (relevant
principles: People and the Community and Food);
Animals (relevant principle: Animal Health and
Welfare, Efficiency and Innovation); and Progress
(relevant principles: Natural Resources, People
and the Community, Animal Health and Welfare,
Food, Efficiency and Innovation).
Click here to learn more about
why the passage of a global definition for
sustainable beef is an achievement for the entire
global beef value chain. |
Sponsor
Spotlight
Oklahoma
Farm Report is happy to have WinField and
their CROPLAN® seed brand as
a sponsor of the daily email.
CROPLAN® by WinField
combines high performing seed
genetics with local, field-tested Answer
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placement, proper nutrition and crop
protection product recommendations based
on solid data. We have planted nine Answer
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for this Fall, showcasing winter canola and winter
wheat. Talk to one of our regional agronomists to
learn more about canola genetics
from CROPLAN® by
WinField, or visit our website for more
information about CROPLAN® seed.
We
are also pleased to have American
Farmers & Ranchers Mutual Insurance
Company as a regular sponsor of our
daily update. On both the state and national
levels, full-time staff members serve as a
"watchdog" for family agriculture producers,
mutual insurance company members and life company
members. Click here to go to their AFR
website to learn more about their
efforts to serve rural America!
|
Group
Aims to Define Sustainability for
Agriculture
The
word "sustainability" is everywhere these days.
One group has set out to define sustainability
within agriculture. For the past six years
Field to Market has been working
with row crops to begin to define sustainable
outcomes. President Rod Snyder
spoke last week at the Texas Cattle Feeders
Association Annual meeting in Oklahoma
City.
As the beef segment starts to
look at sustainability, one component of that is
the feed. Snyder said Field to Market has done a
lot work the past five to six years working on the
sustainability of feed grain. He said the beef
industry will not need to recreate the wheel as a
lot of consensus has already been achieved with
major agricultural buyers like Wal-Mart and
McDonalds. In 2014 several animal ag groups have
begun to move forward to a develop a
multi-stakeholder effort in developing their own
sustainability program.
To-date the
nonprofit organization Field to Market has gained
wide ranging support with 60 members from grower
organizations to agribusiness, food, fiber,
restaurants, retail companies, conservation groups
and universities. Snyder said at this point there
is no financial incentive to be apart of the
effort for producers. Participants are gaining new
angle on their production practices in receiving
comparisons and bench marks with state, regional
and national averages.
Our
own Leslie Smith talked with Rod
Snyder of Field to Market and you can hear their
conversation by Clicking here- and you can also
learn more about the 60 groups and companies that
belong to the Field to Market Alliance.
|
Harvest
Active Across Southern Plains- and Nationally Has
Largely Caught Up With 5 Year Average
Harvest
was in full swing this past week across
Oklahoma. In the latest crop
progress report released by the US
Department of Agriculture soybean harvest
reached 60 percent complete by Sunday, eight
points ahead of normal. Sorghum harvest reached 73
percent completion, up 11 points from last week.
Corn harvest was 89 percent complete, still six
points behind normal. Other row crop harvest
continued in line with their normal averages.
Sorghum was 73 percent harvested. Peanuts reached
62 percent harvested. Cotton harvest was 27
percent harvested. As of the weekend,
eighty-seven percent of the 2015 wheat crop
had emerged, up 10 points from the five year
average. Canola reached 91 percent
emergence. Click here for the full Oklahoma
report.
Harvest
remains behind for many row crops in
Texas. USDA reports corn harvest
gained 11 points over the past week to reach 86
percent complete. That was ten points behind last
year and the five year average. Sorghum harvest
was 79 percent done. Cotton harvest gained one
point to reach 31 percent harvested. Wheat
planting was 86 percent complete with 69 percent
emergence, ahead of last year and average.
Producers in the Panhandle reported that
early-seeded winter wheat and oats were off to a
good start, but were in need of rainfall to
sustain growth. Click here for the full Texas
report.
Harvest
progress remains behind in
Kansas, but average temperatures
and little precipitation helped progress this past
week. USDA reports sorghum harvest remains behind
last year and average at 52 percent
complete. Wheat seeding was at 93 percent
complete with 82 percent of the crop emerged, near
last year and average. Click here for the full Kansas
report.
Click here for the National Crop
Progress report. |
Peel
Addresses Marginal Thinking for Optimal Decisions
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow/Calf Corner
newsletter
How should $300+/cwt.
calf prices affect cow-calf producer decisions?
The market signal is pretty clear; more calf
production is needed and will be rewarded. For
many producers, this may be a question of
expanding the cow herd. In addition to potential
herd expansion, producers should consider whether
current market values should prompt management
changes as well. Consider this question, for
example: What is the optimal level of death loss
for cows or calves? While we don't often think
about it, the optimal level is not zero. Could we
achieve zero death loss? Probably yes or something
very close to it, but the last bit of death loss
reduction would require extreme measures for which
the costs exceed the benefits and thus is not
optimal. However, the increase in calf values this
year means that additional efforts to reduce death
loss are warranted compared to what was optimal in
the past.
This illustrates the
economic principle that every producer should be
examining now: adjust production activities until
the marginal benefits equal the marginal costs.
The sharp jump in revenues this year (marginal
benefits) implies that producers should consider a
host of marginal changes in production and costs.
This may mean doing more of something you are
already doing or beginning to do something you
have not done in the past.
With
high calf prices are a motivation to sell more
pounds of calf, but producers should also look at
maximizing the value per acre and how
that might impact cow reproduction. Click here for more insight from
Dr. Peel. |
As
farmers are in the middle of harvest, they are
also learning about the new options through the
2014 Farm Bill. Oklahoma State University, the
Risk Management Agency and Farm Service Agency are
hosting farm bill informational meetings across
the state as farmers have several decisions to
make.
Speaking at the Oklahoma
Ag Expo in Midwest City Monday, OSU
Assistant Professor Dr. Jody
Campiche said farmers first need to
understand yield update and base reallocation
options. With the yield update, farmers will need
to compile crop insurance information or elevator
receipts to show their crop yields and decide if
they want to update their yields or not. Wheat
farmers will not be able to update their yields
for their 2015 crop, but it will be in place for
2016. Campiche said there will still be benefits
in updating wheat yields next year.
"If we are able to drop some of those
low yields out, it will raise the overall coverage
and APH for each farmer," Campiche said.
Earlier this summer FSA mailed out
letters to farmers about base reallocation. The
letter provided a landowner's planted acre
history. Campiche said farmers will want to decide
if there is a reason to reallocate acres to the
crops that have been planted for the past four
years.
I
interviewed Campiche at the Oklahoma Ag Expo. You
can hear that conversation by clicking here as she
addresses the three different tools
developed to help farmers make those
decisions for the duration of the 2014 Farm
Bill.
You
can
go to our calendar page on
OklahomaFarmReport.Com and we have the Farm Bill
Informational meetings listed that are planned for
November and December.
|
Beef
Advocacy Program Recruits FFA Members to Engage
with Consumers
Consumers
have a lot of questions about where their food
comes from, meat in particular and beef
especially. One program is
targeting FFA members to take a larger role in
agricultural advocacy. At this year's National FFA
Convention and Expo in Louisville, Kentucky,
National Cattlemen's Beef Association's Executive
Director of Communications Daren
Williams was recruiting FFA members to go
through the Masters of Beef
Advocacy (MBA) program.
NCBA
is ready to launch MBA 2.0, the next generation of
the beef industry spokesperson program. This
includes a whole series of five new courses on the
sustainabilty of beef production, how beef is
raised from pasture to plate, and how to talk to
consumers about those issues. As the manager of
the beef checkoff funded MBA program, Williams
said when FFA members are out in public like at
livestock shows they need to be ready to answer
questions from consumers about the resources
needed to produce beef and the concerns about the
treatment of animals.
"The MBA
program, Masters of Beef Advocacy (MBA) program,
will help them, prepare them to answer those
questions with facts and figures but also talks
about the need to just listen and listen to their
concerns and acknowledge concerns and do the best
job they can to answer their question," Williams
said.
We
have spotlighted our conversation with Daren as a
Beef Buzz- you can hear our visit with Daren by Clicking here and you will learn
more about the MBA program.
|
This
N That- Rain Cometh, Oklahoma Ag Expo Underway and
Election Coverage Ahead
There
is a swath of Oklahoma that has received more than
an inch of rainfall overnight into this morning-
and that two to three county ban of rain is
gradually shifting east and southeast. Top
rainfall totals as of 5:55 this morning include
Watonga and Pawnee with both around 2.25
inches of rain- There are a bunch of
places that have gotten north of an inch of
rainfall- it has not been a hard fast rain- but
rather- one that has had a chance to soak in. With
the temperatures that are forecast for the next
few days- the locations that get this rainfall are
looking at moisture that will be fully beneficial
with little evaporation to steal it away.
Click or tap here for the current
real time 2 day rainfall map from the Oklahoma
Mesonet- that will capture for you all of the
rainfall as it moves eastward.
Here's
a snapshot look at the rainfall across the state
as of 5:45 AM:
**********
The
Oklahoma Ag Expo is underway at
the Reed Center in Midwest City- running through
tomorrow- we will be bringing you highlights from
this annual gathering of agribusiness folks from
across the state over the next couple of days-
starting with that Jody Campiche
story in today's email.
Click here for our calendar item
on the Expo, which has a link to their full
agenda.
**********
We
will be posting on our website, on Facebook and on
Twitter key observations about the 2014 General
Elections tonight- and will pull together a
"Morning After" overview of what the elections may
mean for the farm and ranch and rural community
here in our state- as well as the national
implications that may have developed.
Follow
us on Twitter- our handle is Ron_on_RON as that is where we
will be most active.
Remember-
VOTE!!!!!!
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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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