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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 2:30 PM.
Okla
Cash Grain:
click
or tap here for Oklahoma Cash Grain Prices from the
close on Monday- as reported by the Oklahoma Dept. of
Agriculture.
Canola
Prices:
Cash price for canola was
$11.04 per bushel- based on delivery to the Northern AG
elevator in Yukon 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, December 30,
2014
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Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
As
2014 Ends- OSU's Derrell Peel Ponders 2015 Cattle
Markets
OSU
Extension Livestock Market Economist Dr.
Derrell Peel regularly offers analysis
about the US beef cattle market, and Dr. Peel says
that while we have had a little bit of backing up
on cattle prices at the end of the year- we are
still in the neighborhood of record prices as we
wrap up the old year.
Specifically,
Peel says "cattle and beef markets are finishing
2014 at or near record levels, which is the way
the year began...at or near record levels. However
the advance in prices has been much more dramatic
in 2014. Retail beef prices are up 15 to 20
percent, following a 5 to 6 percent year over year
increase in 2013. Boxed beef wholesale values are
up about 25 percent from one year ago, following a
4 to 8 percent increase in 2013. Fed cattle prices
are up 28 percent after a 5 percent increase in
2013. Feeder cattle (750-800 lb. steer) prices are
roughly 43 percent higher than one year ago after
climbing 13 percent in 2013. Most dramatic of all,
(450-500 lb. steer) calf prices are up 53 percent
this year on top of a 30 percent increase in
2013."
Dr.
Peel believes that market conditions will be
generally the same in 2015 with tight supplies
continuing to be the major driver of cattle and
beef markets. Click here to read the rest of his
analysis as we rapidly come to the end of the
old year.
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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.
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How
To Farm Videos Released by USFRA- We've Got Them
All in One Place
Over a
thousand cows milked. 50,000 eggs gathered. Clean
barns for 7,000 pigs. One day's work for America's
farmers! People can now learn how they do it
through U.S. Farmers & Ranchers Alliance's
(USFRA) new online "How To Farm" video series that
launched today on USFRA's website,
FoodDialogues.com.
Hosted by
blogger Kelly Snyder
(ReDefinedMom.com), USFRA's online video series
illustrates different farming practices. The
educational videos, which range between two to
four minutes, highlight the daily activities of
farmers and ranchers across the nation who grow
and raise our food. The first four videos give
viewers an up-close look at just how farmers grow
and raise food,
including:
How To
Milk 1,200 Cows (filmed with Brian
Rexing at New Generation Dairy in
Indiana)
How To Care for 7,000 Pigs
(filmed with Art Braundmeier at
The Maschhoffs in Illinois)
How To Use
Trash to Help Crops Grow (filmed on Len
Corzine's farm in Illinois)
How To
Gather 50,000 Eggs A Day (filmed with Ron
Campbell at Opal Foods in
Missouri)
Click here to learn more about
this project that will hopefully offer consumers
some transparency about how we raise our food in
this country- and at the bottom of our story at
this link- we have embedded all four
videos to make it easy for your to view
all of them at one place.
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Best
of 2014 Beef Buzzes- Frank Mitloehner Pummels
Meatless Monday Concept
Dr.
Frank Mitloehner of the University of
California Davis is a champion when it comes to
telling the story of green house gas emissions as
it relates to the beef industry. Through his
research, he has found beef cattle produce 1.4
percent of all of the greenhouse gases in the
United States- a far smaller percentage than were
the numbers often used less than a decade
ago.
Earlier in 2014- we caught up with
Dr. Mitloehner at his UC Davis office as we were
in California visiting one of our daughters and
her family. It was a great conversation that
we had with this world renowned authority on
cattle and green house gases.
One
of the things that Mitloehner really gets worked
up about is people wrongly accusing the beef and
dairy industries of harming the environment- often
using gimmicks like Meatless Monday to achieve
their agenda.
In
this encore Beef Buzz- he dismantles those nut
jobs- and you can here his logic by clicking here- and at that link-
you will find both our Beef Buzz on this specific
area as well as the link to our entire interview
with Frank Mitloehner from August of this
year.
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Monsanto's
Fraley to Speak at Kansas State January 26 on Ag
and Global Food Challenges Ahead
Robert
Fraley, the executive vice president and
chief technology officer for Monsanto, has been
chosen to be the first speaker in Kansas State
University's Henry C. Gardiner Global Food Systems
Lecture series.
In 2013, Fraley and two
colleagues received the prestigious World Food
Prize for their achievements in founding,
developing and applying modern agricultural
biotechnology.
Fraley will speak at 7
p.m. on Monday, Jan. 26 in McCain Auditorium. The
lecture is free and open to students, faculty,
staff and the public.
Fraley's talk is
titled, "2050: Agriculture's Role In Mitigating
Global Challenges."
More details are available here
about this presentation as well as the Global Food
Systems concept that Kansas State is
advancing.
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OSU
MOOC- Farm to Fork: A Panoramic View of
Agriculture- Set to Begin January 12
It
is the last call for the OSU inaugural MOOC as
modern production agriculture will be under the
spotlight as Dr. Bailey Norwood,
associate professor in the department of
agricultural economics for the College of
Agricultural Sciences and Natural Resources at
Oklahoma State University, will be using the
latest teaching methods to take learning to a new
level with a Massive Open Online Course titled
Farm to Fork: A Panoramic View of
Agriculture.
The 16-week course will be
conducted entirely online and is open to anyone.
It will focus on topics including livestock-care
techniques, the industrialization of agriculture,
the impact of local food on the local economy and
the role of politics and culture in food. The
format of the online course provides Norwood with
an opportunity to explore new and contemporary
teaching methods.
It
looks like a really interesting on line course- we
have signed up to take it as a freebie- no college
credit for that- but if you are willing to pay
about $600- you can earn three credit hours if you
pass(The price for non OSU students).
OSU
students can also take it online as well for
credit.
Click here to learn
more
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Want the Latest Energy News
Sent to Your Inbox?
Award winning broadcast journalist
Jerry Bohnen has spent years
learning and understanding how to cover the energy
business here in the southern plains- Click here to subscribe to his
daily update of top Energy News.
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Cattle
Feeding Economics Change, But Principals Remain
the Same
Recent
lower corn prices mean more cattle are going
straight to the feedyard. South Dakota-based
Cattle Sense is finding many farmer-feeders won't
be backgrounding calves as they learn to feed and
finish out the cattle. Longtime South Dakota
consultant Dewayne Siebrasse said
the market dynamics have shifted, but the core
principals of feeding cattle still hold true.
"We still try to maximize the
efficiency and try to get the most genetic quality
that we have to out of those cattle," Siebrasse
said. "You have to fine tune the nutrition, the
feed efficiency conversion, the genetic programs
have to be fine-tuned to get the maximum
efficiencies, in the cattle the maximum daily
gains, the average daily gains, the feed
efficiencies, feed conversion with your home grown
feed stuffs, putting your home grown feed stuffs
in the right combinations and the TMR rations to
get the right feed efficiencies."
While
management is a key part of the puzzle-there are
other pieces to consider-
click or tap here to read more as well as to
have a chance to see a video on the subject
courtesy of the Angus folks.
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Choice
Cutout Values Ending 2014 Twenty Three Percent
Higher Than a Year Ago
Ed
Czerwein of the USDA Market News office
in Amarillo releases a look at the wholesale boxed
beef trade of the week before regularly on Monday
afternoons- and this week's report is available on our website
here.
In
his last report for 2014, Ed says "The daily spot
Choice box beef cutout ended the week last Fri at
244.52 which was a 5.95 higher. There were only
538 loads sold for the week in the daily box beef
cutout which was a typical holiday week and very
similar to Thanksgiving week. It was about 10
percent of the total volume so the big jump in
price did not help the weekly average that much.
"The Comprehensive or weekly avg Choice
cutout which includes all types of sales was
243.46 which was 0.52 lower. There were 5471 loads
sold which was 952 loads lower for the week. This
was a typical holiday week that was actually just
a little better than last year. In fact last year
the Choice cutout was at 197 so we are about 46
dollars higher." (That's up 23% on the year!)
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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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