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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
$6.35 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, May 5,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
Latest
USDA Crop Progress Report Shows Mixed Bag for
Southern Plains Wheat Crop
As
drought conditions improve in
Oklahoma, the state's wheat crop
shows incremental improvement. In the weekly crop
progress report from the U.S. Department of
Agriculture, the state's wheat crop rated 38
percent good to excellent, 39 percent fair and 23
percent poor to very poor. The crop gained one
point in the good-excellent category and one point
in the fair category. Winter wheat headed was 90
percent complete. The canola crop rated 59 percent
good to fair, up two points from last week. Click here for the full Oklahoma
report.
The Texas
wheat crop continues to progress. The latest USDA
report has shown no change over a week ago with 52
percent good to excellent, 33 percent fair, 15
poor to very poor. The
wheat crop has 82 percent of the crop headed. That
was up 22 points from last week. Hail and hard
rain damage was reported in the Northern High
Plains, the Blacklands and the Edwards Plateau
while the crop began to mature in South Texas.
Planting slowed in many areas due to wet
conditions. Corn planting was 70 percent complete,
up 14 points over last week and 60 percent of the
crop has emerged. Sorghum was 63 percent planted
and soybeans were 48 percent planted. Moisture
conditions favored grass growth throughout the
state, aiding range and pasture development. Click here for the full Texas
report.
The Kansas
wheat crop continues to show stress from drought
and rust pressure. The latest crop progress report
had the crop gaining one point in the good to
excellent category and one point in the poor to
very poor category. The latest report has the
state's winter wheat crop rated 27 good to
excellent, 41 percent fair and 32 percent poor to
very poor. Winter wheat jointed was at 91 percent
with 41 percent of the crop headed. Corn planting
was 52 percent complete, a jump of 20 points over
last week. Soybean and cotton planting has gotten
started. Click here for the full Kansas
report.
Nationally
the story is all about the rapid progress of
planting corn- with 36% of the corn crop planted
in the last seven days- we are now at 55% complete
as of Sunday afternoon. For the complete Crop
Progress report- which includes the first Pasture
and Range Conditions summary for the 2015 season-
click here.
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Sponsor
Spotlight
The
presenting sponsor of our daily email is the
Oklahoma Farm Bureau - a
grassroots organization that has for its 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
are 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
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.
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Peel
Analyzes the Unusual Cattle Markets of
2015
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow/Calf Corner
newsletter.
Unusual market
conditions lead to unusual incentives that result
in unusual market behavior. This makes markets
unusually difficult to figure out. There is
considerable variability in views across the
industry about the current and coming fed cattle
market for the remainder of 2015. And for good
reason; we are seeing extremes in conditions and
behavior that are clouding the
picture.
The April 1 cattle on feed
inventory was essentially unchanged from one year
ago. However the makeup of that inventory was
unique in several respects. The number of heifers
on feed was not only down 10.1 percent from one
year ago, it was the lowest quarterly heifer on
feed number since 1996. This is not surprising
given the anticipated heifer retention and herd
expansion that is underway. Fewer heifers in
feedlots would naturally suggest that steers make
up a bigger percentage of total cattle on feed.
More than that however, the number of steers on
feed actually increased in April, up 5.4 percent
year over year, to the highest quarterly steers on
feed total since January, 2008. As a result, the
April 1, 2015 steers on feed total was 69 percent
of total cattle on feed, 2.4 percent higher than
one year ago and a new record level. Until now,
the 2014 total was tied for a record percentage of
steers on feed that only occurred once prior (in
2005) in data back to 1996. It appears that
feedlots have drawn heavily from available steer
supplies to maintain feedlot inventories so far
this year.
Variability in placement
weights also adds to the challenge of determining
the timing of fed cattle production. For many
months, monthly feedlot placements have tended to
swing between large proportions of lightweight
cattle (less than 600 pounds) and placements of
heavy feeders (over 800 pounds), often with fewer
cattle in the traditional feeder placement weight
categories of 600 to 800 pounds. The "tails" of
the placement weight distribution add to the
difficulty because there is no way to estimate the
average weight in the category, especially for the
heavy feeders. Average placement weights vary
because of changes in average animal size and
because of changes in the steer to heifer
mix. Click here to read more from Dr.
Peel.
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NFU
Says Trade Promotion Authority Goes Against
Constitution
The
National Farmers Union isn't
excited about where Congress is going. Later on
this month, the full House and Senate will
consider Trade Promotion
Authority (TPA). This
provides the President with the ability to "fast
track" trade negotiations and trade agreements are
voted on by Congress with an up or down vote. NFU
Senior Vice President of Programs Chandler
Goule said NFU opposes TPA because it
goes against the Constitution.
"The
United States Constitution says that it is the
U.S. Congress who is to enter into trade
agreements with foreign counties and when you pass
something like TPA, you are basically signing away
your constitutional rights," Goule said. "You are
handcuffing your Senators, you are handcuffing
your Congressman, but really what you're doing is
you are taking away the voice from family farmers
and ranchers to make sure we don't have additional
dairy products coming in and offsetting our
domestic production, to guarantee we are going to
get that beef export market that was promised in
that deal or to make sure that we don't take on
more sugar from Australia. You basically tied your
Congressman to a yes-no vote and the true loser at
the end is the family farmer and
rancher."
With TPA, trade negotiations
would be voted on by Congress with a up or down
vote. Goule said that limits the ability of
American farmers and ranchers along with citizens
from voicing their concerns with trade agreements,
because Congress does not have the ability to
amend these trade agreements.
In
looking at the Trans-Pacific Partnership, NFU said
they don't support the agreement. Click here to read more or hear
my full interview with NFU as Goule
addresses Country of Origin Labeling
(COOL) and the latest efforts of the Beef
Checkoff Working Group.
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Soy
Growers to Chipotle: Misinformation is Not a
Marketing Strategy
The
American Soybean Association
(ASA) issued a statement in response to Chipotle's
announcement that the fast-food chain would remove
all foods containing genetically-modified
ingredients, including the soybean oil used in
cooking, from its menu. ASA President Wade
Cowan, a farmer from Brownfield, Texas,
noted farmers' continuing frustration with the
misinformation about agricultural biotechnology
advanced by Chipotle this
week:
"Farmers are no strangers to the
heated discussion of GMOs and biotechnology. We
recognize that there are passionate viewpoints on
both sides, and we respectfully disagree with
those who choose to dispute the scientific
consensus on the safety of these agricultural
innovations. What is different about Chipotle's
announcement this week is that it smacks of a
willful subversion of science, all in the name of
selling burritos.
"Chipotle contends
that more study is needed on GMOs, even though
they are among the most studied and tested food
products in the world, and have been since their
introduction almost 20 years ago-all without a
single incidence of harm to humans, plants or
animals. Think about that for a minute: a planet's
worth of meals over two decades means literally
trillions of servings without one adverse
occurrence. Chipotle, however, bypasses the
overwhelming scientific consensus and places
long-debunked safety concerns first and foremost
in its new effort. For this, the restaurant has
been taken to task by viewpoints ranging from the
Center for Science in the Public Interest to media
outlets like National Public Radio and the
Washington Post-voices that certainly couldn't be
mistaken as 'shills' for big agriculture. Click here to read more from the
American Soybean Association.
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Animal
Ag Alliance Provides Tools to Fight Back Against
'Meatless Mondays' and
Activists
Kay
Johnson Smith serves as President and CEO
of the Animal Agriculture
Alliance. This group is dedicated to
providing resources for agriculture to fight back
against anti-agriculture groups and campaigns like
"Meatless Mondays". Johnson Smith said activists
are using the proposed dietary guidelines proposal
from the U.S. Department of Agriculture and the
Department of Health and Human Services as a way
to promote their "Meatless Mondays" campaign.
"The Alliance has recently updated our
materials that provide sort of the counter voice
to why protein is important and why meat is
important in diets as well debunking some of the
myths that are projected by the 'Meatless Mondays'
campaign," Johnson Smith said. "So we hope to have
those pieces out and available to the public and
available as a resource to farmers and ranchers
and stakeholders within the next month."
Activist campaigns are targeting
retailers and restaurants, along with the
investors in these companies. Johnson Smith said
the Alliance has reached out to a number of
companies that have been identified as businesses
that have been targeted by international activist
groups as well as groups like the Humane Society
of the United States, Humane League, Mercy for
Animals, PETA among others. Johnson Smith said
these activist groups are contacting investors in
trying to create doubt about whether these
companies are good business investments because of
their animal welfare policies.
"It's
sort of a back door way to push them to do more
and to make more extreme polices for their
suppliers," Johnson Smith said.
Click here to read or have the
opportunity to hear this Beef Buzz feature.
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Want to
Have the Latest Energy News Delivered to Your
Inbox Daily? 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.
|
AG
Scott Pruitt to Testify Tuesday on EPA Overreach
at U.S. Senate Hearing
Attorney
General Scott Pruitt will testify today
at a U.S. Senate hearing on the EPA's proposed
Clean Power Plan. The hearing, titled "Legal
Implications of the Clean Power Plan," is being
conducted by the Senate Environment and Public
Works Subcommittee on Clean Air and Nuclear
Safety.
The hearing will be held at 10
a.m. ET in Room 406 of the Dirksen Senate Office
Building and will feature testimony from Attorney
General Pruitt and others on the EPA's unlawful
Clean Power Plan. The hearing will be available to
view online.
Under the Clean Air Act,
states are given the primary role to develop and
implement policies to achieve the national goals
of reducing carbon-dioxide emissions. Only if
states fail to act, is the federal government
allowed to step in with a federal plan.
"The EPA claims its so-called Clean
Power Plan gives states flexibility to develop a
plan to meet its emissions goal. In reality, it is
nothing more than an attempt by the EPA to force
states into shuttering coal-fired power plants and
eventually other sources of fossil-fuel generated
electricity," Attorney General Pruitt
said.
Click here to read more about
Pruitt's testimony over EPA's proposed
Clean Power Plan.
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This
N That- Deadline for Dietary Guidelines Comments
is Friday, Jayson Lusk on Chipolte and RAIN!
The
comment period for the proposed Dietary Guidelines
will close THIS FRIDAY, May 8th and cattle groups
are urging their members to take time to make
comments.
The
Dietary Guidelines Advisory Committee removed lean
meat from their definition of a healthy diet. the
cattle groups are wanting folks to urge the
Secretaries of USDA and HHS to review the science
and reject these unsubstantiated
recommendations.
To
submit your comments-
click here to jump to the HHS website where
you can make your comments on the
subject.
***********
OSU
Ag Economist Dr. Jayson Lusk has
a blog on his personal website JaysonLusk.Com- and
in his latest posting dated May 4th- he talks
about the backlash against the Chipolte decision
to ban GMOs from their products(at least sorta ban
them).
Dr.
Lusk writes "Last week I
mentioned Chipotle's decision to go
semi-non-GMO when discussing consumer sovereignty
vs. scientific integrity.
"I've
been astounded at the voluminous, and nearly
unanimous, backlash against Chipotle's decision in
the media."
He
adds that "Amazingly, I haven't seen one story in
a major media outlet that has applauded Chipotle's
move."
To
read his full blog on the subject- click here.
*********
Rain
is likely to be part of the landscape in Oklahoma
over the next week- with some locales to receive
as much as four inches if the weather folks are
right. As we write this morning- there are
heavy rainstorms in the Texas Panhandle and
starting to swirl into western counties of our
state- click here for the latest
forecast central and western Oklahoma courtesy of
News9 and for eastern Oklahoma- you can click here on the News on 6
forecast.
Our
friend Jed Castles has come up
with a great 2015 versus 2014 shot taken out in
the Cheyenne area in western Oklahoma- take a
look- this sums up how we are doing this year
compared to early May 2014- when drought was
raging at exceptional levels:
What
a difference a year makes!!!
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to Midwest Farms Shows ,
P
& K Equipment, American Farmers &
Ranchers,
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Corporation and the Oklahoma Cattlemen's
Association for their support of our
daily Farm News Update. For your convenience, we
have our sponsors' websites linked here- just
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also invite you to check out our website at the
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links from around the globe.
Click here to check out
WWW.OklahomaFarmReport.Com
God Bless!
You can reach us at the following:
phone: 405-473-6144
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