 |
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
$7.53 per bushel- based on delivery to the Oklahoma
City elevator 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.
| |
Oklahoma's
Latest Farm and Ranch News
Presented
by
Your
Update from Ron Hays of RON
Monday, November 24,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured
Story:
Wheat
Crop Ready for Winter- Moisture Going Forward Will
Determine Fate of the 2015 Crop
The
early arriving cold temperatures into Oklahoma
earlier this month did little harm to the 2015
Oklahoma Hard Red Winter Wheat Crop- so says OSU
Extension Small Grains Specialist Dr. Jeff
Edwards. Edwards says that the majority
of the crop handled the blue norther that hit
Oklahoma with ease.
He does say that a very
small percentage of the wheat that was planted
early may have gotten too far along in development
before the colder weather set in- and there were a
few fields where the wheat got confused about the
season and was trying to head out. Edwards reports
"I've seen some of those wheat fields go ahead and
start to head out this fall- due to day length-
they thought it was May instead of August or
September. And in those cases, I expect that this
last freeze event will terminate much of the crop
in those fields." He believes it becomes a rescue
effort to get something out of those fields- "it
becomes a salvage operation at this point if
you're in that situation- the key is to get a lot
of cattle out there to utilize that forage,
because what you have is about all you're gonna
get."
Except for these few fields where
the cold weather proved to be a killer- the 2015
wheat crop looks promising- Edwards says "It
really is a testament to the wheat plant and how
amazing it is in how it is able to adapt that
quickly and handle the cold conditions- I know it
handled the cold better than I did."
In
talking with Dr. Edwards, he compares the wheat
crop to this point in 2014 to one we were growing
a year ago- he says it is very similar- and that
moisture between now and April will determine if
we improve on the historically poor wheat crop
produced last year here in 2015.
Click here to read more and to listen
to our full conversation with Jeff Edwards-
including his thoughts about what wheat farmers
need to be paying attention to as they manage
their crop over the winter season.
|
Sponsor
Spotlight
We
are proud to have as one of our email sponsors
long time supporter and advertiser as heard on the
Radio Oklahoma Ag Network- Stillwater
Milling. At the heart of the
Stillwater Milling business are A&M Feeds- and
for almost a century Stillwater Milling has been
providing ranchers with a high quality feed at the
lowest achievable price consistent with high
quality ingredients. A&M Feed can be found at
dealers in Oklahoma, Arkansas, Kansas and
Texas. Click Here to learn more about
Stillwater Milling!
We
are proud to have KIS
Futures as a regular sponsor of our
daily email update. KIS Futures provides Oklahoma
farmers & ranchers with futures & options
hedging services in the livestock and grain
markets- click here for the free market quote
page they provide us for our
website or call them at 1-800-256-2555- and
their iPhone App, which provides all
electronic futures quotes is available at the App
Store- click here for the KIS Futures App
for your
iPhone.
|
Mixed
Reaction from Ag Groups Over RFS
Delay
The
U.S. Environmental Protection
Agency Friday announced it will not issue
a final 2014 Renewable Fuel
Standard (RFS)
Required
Volume Obligation (RVO). According to
statute, EPA is supposed to finalize each year's
RFS rule by the previous
November. Agricultural organizations
are responding to the announcement.
National
Chicken Council President Mike Brown
said "EPA Administrator Gina McCarthy said
EPA would use the 'most up to date' numbers to set
the 2014 standards - that was in April, nearly
five months into the compliance year, and more
than six months ago. Waiting to set the standards
after the fact is irresponsible and
discriminatory, but unfortunately, the standard
practice." Click here for more from NCC.
Advanced
Ethanol Council Executive
Director Brooke Coleman said,"Pulling
back on the 2014 RFS rule is the right thing to do
at this stage in the game when it comes to
preserving the integrity of the program. While the
cellulosic biofuel industry will not get the
policy certainty it needs from this decision, it
does suggest that the Administration is listening
when it comes to our concerns about giving oil
companies too much power to avoid its obligations
under the RFS going forward." Click here for more from AEC.
National
Corn Growers Association President Chip
Bowling said, "Today's announcement by
EPA shows the Administration recognizes the
proposed rule was inherently flawed and based on
an unworkable methodology. We will continue to
work with EPA to ensure that the 2014 and 2015
renewable fuel requirements are consistent with
what Congress set forth in the Renewable Fuel
Standard (RFS)." Click here for more from NCGA.
American
Soybean Association President Ray Gaesser
said, "The continued delays create great
uncertainty for the biodiesel industry and soybean
farmers and limits the industry's ability to
invest and expand. The Proposed Rule was
unacceptable and would have taken biodiesel
backward from the amounts produced and utilized in
2013. However, ASA believes that EPA can and
should finalize a 2014 rule that sets the
biomass-based diesel volumes at or above the
nearly 1.8 billion gallons that were produced and
consumed in the U.S. in 2013." Click here for more from ASA.
American
Farm Bureau Federation President Bob
Stallman said, "This significant delay
and inability of the EPA to set standards for the
Renewable Fuel Standard Program creates unneeded
uncertainty in the marketplace. Even though EPA
took the appropriate course in reconsidering its
proposed rule after receiving substantial pushback
from rural America, Farm Bureau continues to
believe that adhering to the framework of the RFS2
remains the best approach." Click here for more from
AFBF.
|
Ok
Beef Council Promoting Beef through Local to
Global Projects
From
Oklahoma to Japan, the Oklahoma Beef
Council is working to make sure producer
get the best value for their checkoff dollar.
Oklahoma Beef Council Executive Director
Heather Buckmaster said in 2015
the state beef council will continue to work with
Oklahoma teachers to talk about where beef comes
from along with expanding international beef
marketing in offering beef education in key global
markets.
In 2015 the Oklahoma Beef
Council will continue to support and work with
teachers through the Ag and the Classroom program.
Buckmaster said they will continue to support
teachers tours along with offering a screening of
the documentary film Farmland for teachers and
will hold a panel discussion afterwards.
The Oklahoma Beef Council will
continue their collaboration with the Oklahoma
Academy of Family Physicians. Buckmaster said they
are bringing in a speaker to discuss the use
animal health products in food production.
The beef checkoff will continue to
target millennials, the generation born between
1980 and 2000. This is the largest demographic of
the United States on-line. Buckmaster said its
important to reach this demographic. On a daily
basis millennials initiate about five million
on-line food related searches each day. She said
this is an excellent opportunity for the checkoff
digital marketing campaign.
I
interviewed Buckmaster on the "In the Field"
segment Saturday morning on KWTV News9 in Oklahoma
City. Click here to learn more about
2015 marketing
efforts. |
Oklahoma
FFA Partners with Devon Energy For Agriscience
Education
Oklahoma
agriculture education students will have the
opportunity to develop agriscience projects
related to the oil, gas and agriculture industries
thanks to a new Devon Energy
Agriscience Initiative.
Through the
partnership, the Oklahoma FFA Foundation and
Association will offer opportunities and
incentives for agriculture education students to
research, develop, conduct and evaluate
Agriscience Fair projects.
Student
projects may address issues such as wildlife
conservation, protecting natural habitats, noise
reduction, water management and soil science that
are relevant to the agriculture and oil and gas
industries.
State FFA President
Garrett Reed, of the
Locust Grove FFA chapter, is
thrilled with the new partnership and what it will
mean to the FFA and its members.
"This
new partnership with Devon Energy will be
significant in preparing agricultural education
students and FFA members to explore and seek
opportunities in the workforce," Reed said. "We
are ready to meet Devon's challenge."
Click here to learn how this
initiative includes financial incentives for
participants and teachers who participate in the
Agriscience Fair at the OSU State Agriscience
Interscholastic competition in April
2015.
|
Cash
Cattle Trade to Trump Cattle on Feed Report, Says
Leffler
The
US Department of Agriculture's monthly cattle on
fed report looks to have little impact on the
market. Tom Leffer of Leffler Commodities said
most of the numbers came in close to industry
expectations, minus the placements figure. Leffler
looks for the market on Monday to be determined by
what happens with cash cattle trade. He said there
are indications of cattle selling at $172 in the
south, which is equal to a week ago. He said there
are also indications trade could be higher at 173
or 174 .
As of November first, the US
had 10.633 million head of cattle on feed. Leffler
said this was 100 percent of ago and higher than
predictions at 99.8 percent. This was 5.7 percent
below the five year average. This is also the
first year over year increase in the monthly
cattle on feed numbers since August 2012. Leffler
said Nebraska was up three percent, over a year
ago. Kansas and Texas was up one percent versus
last year. Leffler said this was the largest on
feed number in the past six months.
The
number of cattle on feed placed on feed was larger
than expected. USDA estimated placements at 99
percent, which was higher than trade analysts
predictions of 95.7 percent. Leffler said this was
the bearish part of the report. Placements were
one percent lower than year
ago. Leffler said placements in
Kansas was down 11 percent, Texas was unchanged
and Nebraska was up five percent over a year
ago.
Radio Oklahoma
Network's Leslie Smith interviewed Leffler after
the report came out. Click here to read or to listen
to Leffler's full analysis on this report and
USDA's cold storage
report.
|
Despite
Record Beef Prices, USMEF Says International
Demand Remains
Americans
love their steaks and hamburgers, but that leaves
a lot of beef on the counter. The US Meat
Export Federation Assistant Vice
President International Marketing & Programs
Greg Hanes said while there is
strong demand for steaks and hamburger
domestically, their job is to promote the under
utilized cuts abroad.
"All these other
cuts really are big items here in the US, but if
you look at the different cooking styles and the
way they prepare products overseas, especially in
Asia," Hanes said. "The cuts that they utilize and
really have a high demand for are totally
different. Those are things like the hanging
tenders, inside skirts, tongues, variety meats,
things like that."
In the US those
items would likely be put into trim for a dollar
up to couple dollars a pound. Hanes said these
same items can be exported overseas and get two,
three, or four times as much. For example beef
tongue sells for $1.50 a pound in the US. Hanes
said if you look at the international markets we
selling it for $6 - $7 a pound.
"That
significant for every cattle producer here," Hanes
said. "That's adding $300, which as you know
especially in difficult times that can be
difference between make and break. Now in the
market that's just extra gravy on top of what we
are able to do now."
I
recently caught up with Hanes in Stillwater after
he briefed the Oklahoma Beef Council board about
the export situation and outlook for beef. Click here to listen to the full
Beef Buzz feature as Hayes discusses how the US
continues to deal with tight
supplies.
|
Weekend
Rainfall Blesses Altus, Hobart and Points East-
Otherwise- Forget About It
Rainfall
across mostly south central and parts of southwest
Oklahoma was most welcome by farmers and ranchers
in those counties that received the rain from
Friday and Saturday. Rainfall totals exceeded
three inches at a number of Mesonet stations in
Comanche, Stephens, Cotton, Jefferson and Carter
Counties. Ketchum Ranch in
Stephens County wins the prize for more than four
inches in the Mesonet rain gauge.
In
addition, a lot of locations got an inch or more-
including Altus and
Hobart both picking up an inch of
rain, Fort Cobb right at an inch
and a half, Apache two inches and
Chickasha just under three
inches. The line of rain versus little or no rain
was pretty clear- Minco got 1.3
inches of rainfall while El Reno
recorded just .12 of an inch. The El Reno rainfall
was the norm for west central, north central and
northwestern Oklahoma. The rain did stretch from
Altus across south central Oklahoma as far east as
Okemah that recorded two and half
inches of rain and Sallisaw that
got 1.3 inches at their Mesonet station.
Click here for a chance to review
the map of the weekend rain- and to check out Alan
Crone's blog of what is ahead for this
Thanksgiving Day week.
|
|
God Bless!
You can reach us at the following:
phone: 405-473-6144
|
Oklahoma
Farm Bureau is Proud to be the Presenting Sponsor
of the Ron Hays Daily Farm and Ranch News
Email
| | |