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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 $7.59 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 25,
2014 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
The Flood Arrives- White
House Quietly Releases Plans for Thousands of
Regulations in 2015
The
Obama Administration has released
what is being called their Federal Unified
Agenda for the coming year. This is the
tsunami of federal regulations that many
Republican members of Congress have expressed
concern about now that the mid term elections are
mostly behind us. The latest rollout includes some
3,415 regulations- more than the
last regulatory agenda, and one that includes 189
rules that cost more than $100 million.
Among
the regulations that are listed in the many
different rules that the Environmental
Protection Agency plans to issue in 2015
is the Waters of the US
proposal. EPA seems to be signaling in the
detail released on Monday that they plan to modify
the rule that was out for public comment much of
this year and issue that as a final rule in the
new year. The EPA will issue its redefinition next
year, according to the agenda.
Within the
USDA, there are 123 regulations
that are listed in the regulatory agenda, with one
of the more controversial ones that is considered
to be in the final rule stage the "Importation of Beef From a Region in
Brazil." The Administration is saying in this
rule that "Based on the evidence in a recent risk
assessment, we have determined that fresh (chilled
or frozen) beef can be safely imported from those
Brazilian States, provided certain conditions are
met. This action will provide for the importation
of beef from the designated region in Brazil into
the United States while continuing to protect the
United States against the introduction of
foot-and-mouth disease." The cattle industry in
the US has strongly disagreed with the USDA as
this proposed rule proceeds through the federal
pipeline.
Click or tap here to read more-
and to check out the links to details on thousands
of likely rule makings ahead of us- courtesy of
the Obama Administration.
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Sponsor
Spotlight
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 can benefit you to be a
part of Farm Bureau.
We
appreciate the support from 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!
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Oklahoma
Offers Large Animal Vet Incentive
Program
Large
animal veterinarians can get some financial
assistance with their school loans. The
Oklahoma State University Center for
Veterinary Health Sciences and the
Oklahoma Department of Agriculture, Food
and Forestry have announced the initial
offering of the Large Animal Veterinarian
Incentive educational loan repayment program. Up
to two recipients will be selected for the
program. A veterinarian could receive up to
$25,000 annually for a maximum of four years.
To be eligible for the program a large
animal veterinarian must be employed in a
full-time position in any community in Oklahoma
with a population not to exceed 25,000 as
determined by the most recent Federal
census.
The deadline for application is
January 1, 2015. Click here for more information
and how to apply.
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NCGA
Calls for Partnership, Dialogue on Pollinator
Health
Four
months into the creation of a presidential task
force on pollinator health, the National
Corn Growers Association has established
itself as a leading voice for farmers in the
discussion over how to ensure a healthy and robust
population of honeybees and other
pollinators.
Last week, Don
Glenn, chairman of NCGA's Production and
Stewardship Action Team, spoke at the
Pollinator Health Task Force's
public listening session outside Washington, DC.
"Although corn does not rely on bees
or other pollinators, we recognize their
importance to agriculture," said Glenn. "It's
important for us to be at the table, as a voice
for farmers, and engaging in a productive
conservation about how to solve this
challenge."
The listening session was
the latest in a series of activities from the task
force, which was created by a presidential
initiative in June and is jointly run by the USDA
and EPA. Click here to read more about
NCGA working with Task Force members on grower
education
efforts. |
USMEF
Finding Alternatives for Price Sensitive
International Customers
Tight
cattle supplies have resulted in record cattle
prices. It doesn't matter if you are talking about
calves, yearling, mamma cows, replacement females,
along with the steers and heifers that go to
packing plants that are ending up as the beef for
domestic and international markets. In the case of
the international markets that caused a few
challenges for the US Meat Export
Federation (USMEF). That's according to
USMEF Assistant Vice President International
Marketing & Programs Greg
Hanes said they have had to switch pitch
a few countries that have gotten used to certain
cuts that have simply become too pricey.
"You will see some markets that are
much more price sensitive than others," Hanes
said. "You have bigger markets say like Japan
where they are our biggest market, big importer
they're complaining about the prices but they are
still buying, then you have other markets say like
in southeast Asia where they would be buying a lot
of those same kind of cuts that maybe we would be
selling into Japan or in Korea. They don't quite
have that spending capacity that they do in these
markets, so what we have done is we really tried
to target and identify additional cuts, we call
them 'alternative cuts' that they can still use in
a lot of different cooking styles and yet it gives
them more value for their money. Like in Taiwan
for example we have really been focusing on the
clod heart and the petite tender and had great
results with that. So what you are seeing now
those kind of cuts are going into these markets
and then kind of the traditional cuts that say the
Japan, Koreas or even Hong Kong maybe buying are
kind of staying along their traditional
lines."
I recently caught up with
Hanes in Stillwater after he briefed the
Oklahoma Beef Council board about
the export situation and outlook for beef. You can
hear part of our conversation with Hanes as aired
on the Beef Buzz by Clicking here as well as
being able to read more about how demand has
increased in Japan in recent years.
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Grain
Harvest Winding Down- Cotton Harvest Active in
Oklahoma and Texas
The
cotton crop in Oklahoma continues
to be actively harvested, while other spring
planted crops are mostly out of the fields. Corn
harvest reached competition on Sunday.
Sorghum harvest was at 92% by week's end, 3
points ahead of normal. Soybeans reached 85%
complete, peanut harvest reached 91% and cotton
harvest jumped 13 points from the previous week to
56% harvested, but was 12 points behind normal.
The winter wheat crop rated 54% in good to
excellent condition, 35% in fair and 11% in poor
to very poor. Some operators in the southeast
district began grazing cattle on small grains. The
Winter Canola Crop is rated 40% good to excellent,
46% fair and 14% in poor to very poor
condition. Click here for the full
Oklahoma crop report.
Weather
conditions affected harvested activities in much
of the Texas. Rainfall was
heaviest in east and central with some areas
reporting over five inches or more. Many
northern and central areas of the state
experienced snowfall and freezing temperatures.
The latest US Department of Agriculture
crop progress report had corn harvest mostly
wrapped up, peanuts were 94% harvested, sorghum
harvest was 84% complete, soybeans were at 81% and
cotton was at 57%. Winter wheat seeding was
nearing competition with 92% of the crop planted
and 82% of the crop emerged. Click here for the full
Texas report.
Harvest
continued last week across Kansas
of the remaining row crops. USDA reported sorghum
harvest was 90% complete and soybeans were 96%
harvested, both in line with averages. Cotton
harvest reached 46% complete, behind 53 last year
and 60 average. The winter wheat crop rated six
percent in excellent condition, 55% good, 35%
fair, four percent in poor condition and none
rated in very poor condition. Click here for the full
Kansas report.
For
the full National Crop Progress
report, click here.
These
are the final weekly Crop Weather reports for the
2014 season. A monthly Crop Weather
report will be available January 5,
2015.
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Peel
Says Cattle on Feed Numbers Show Response to
Current Market
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, offers
his thoughts about the latest government numbers
for the cattle industry in this week's
Cow/Calf Corner newsletter.
The
latest Cattle on Feed report puts November 1
feedlot inventories at 10.63 million head, just
fractionally above the year ago total of 10.59
million head. This slight increase in feedlot
inventories over last year ends a string of 26
consecutive months of monthly year over year
decreases in feedlot inventories. Feedlot
inventories are slightly above year ago levels
despite indications that total feeder cattle
supplies continue to tighten. Turning fewer cattle
into larger feedlot inventories is the result of
feedlot decisions about both placements and
marketings.
October feedlot placements
were slightly less than one percent below year ago
levels. Placements were slightly larger than
pre-report expectations and reflect, in part, a
sharp increase in Canadian feeder cattle imports
in October. Placements were up for 800+ pound
animals and lower for all other weight categories.
The largest year over year decrease in placements
was for the traditional 700-799 pound weight
category. For the last five months, which captures
most of the current feedlot inventory, placements
of 700-799 pounds feeders has been a smaller
percentage of placements compared to last year,
while all other weight categories have been a
larger percentage. In other words, feedlots have
placed heavy feeders (>800 pounds) to the
extent available and otherwise have been placing
lighter weight cattle that will stay on feed
longer thereby maintaining feedlot
inventories.
Click here to read more of
Dr. Peel's take on last Friday's report- and
where these numbers may be taking us price
wise. |
Catch
All Disaster Program- ELAP- Applied
Retroactively
The
U.S. Department of Agriculture (USDA announced
Monday that nearly 2,500 applicants will receive
disaster assistance through the Emergency
Assistance for Livestock, Honeybees, and
Farm-Raised Fish Program (ELAP) for
losses suffered from Oct. 1, 2011, through Sept.
30, 2013.
The program, re-authorized
by the 2014 Farm Bill, provides disaster relief to
livestock, honeybee, and farm-raised fish
producers not covered by other agricultural
disaster assistance programs. Eligible losses may
include excessive heat or winds, flooding,
blizzards, hail, wildfires, lightning strikes,
volcanic eruptions, and diseases, or in the case
of honeybees, losses due to colony collapse
disorder. Beekeepers, most of whom suffered
honeybee colony losses, represent more than half
of ELAP recipients.
"As promised, we're
making sure that thousands of producers who
suffered through two and a half difficult years
without Farm Bill assistance, are getting some
relief," said Agriculture Secretary Tom
Vilsack "Once the Farm Bill was restored,
not only did we implement the disaster assistance
programs in record time, we're issuing payments
less than three months after the enrollment
deadline. The funds will hopefully help producers
with some of the financial losses they sustained
during that time."
The Farm Bill caps
ELAP disaster funding at $20 million per federal
fiscal year. To accommodate the number of
requests, which exceeded funds available for each
of the affected years, payments will be reduced to
ensure that all eligible applicants receive a
prorated share of assistance.
Read more here.
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God Bless!
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phone: 405-473-6144
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