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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 12,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured
Story:
Corn
Planting Surpasses Five Year Average, Southern
Plains Wheat Crop Shows More
Improvement
Rain
isn't slowing down corn planting
nationally as progress continues
well ahead of schedule. The latest U.S.
Department of Agriculture crop progress
report has planting up 20 points over the past
week with 75 percent of the nation's corn crop
planted. Monday's report has planting was well
ahead of the five year average of 57. USDA
reported 29 percent of the crop has emerged in the
top 18 states that plant 92 percent of the
nation's corn acres. For the complete USDA Crop
Progress report, click here.
Drought
conditions continue to improve with heavy rainfall
across Oklahoma. According to the
Oklahoma Mesonet, the statewide
precipitation average for May 1st through May 11th
was 5.13 inches. That's 3.5 inches above normal
and the 3rd wettest period since 1921. In the
weekly crop progress report from the U.S.
Department of Agriculture, has the wheat crop
condition unchanged from last week's report with
38 percent good to excellent condition, 39 percent
fair and 23 percent poor to very poor. Winter
wheat jointing reached 99 percent and headed was
96 percent complete. The canola crop rated 60
percent good to fair. That's up one point from
last week. Click here for the full Oklahoma
report.
Measurable rainfall fell
across Texas this past week,
slowing planting progress. Areas to the north of
the state received the highest amount of
precipitation with parts of the Southern High
Plains and the Cross Timbers receiving upwards of
ten inches. Several regions received hail and wind
damage. The latest USDA report showed had the
wheat crop gaining five points in the good to
excellent category this past week with 57 percent
good to excellent condition, 29 percent fair, 14
percent poor to very poor. The wheat crop has 89
percent headed. Corn planting only gained only one
point this past week with 71 percent of the crop
in the ground and 64 percent emerged. Sorghum was
64 percent planted, soybeans were 60 percent
planted and cotton was 16 percent planted. Click here for the Texas report.
The Kansas wheat crop
showed slight improvement after precipitation was
received statewide this past week. The latest USDA
report has the state's winter wheat crop gaining
one point in the fair and poor to very poor
category. The crop rated 27 good to excellent, 42
percent fair and 31 percent poor to very poor.
Winter wheat jointed was at 96 percent with 70
percent of the crop headed. That's well ahead of
the average of 46. Corn planting was 66 percent
complete with 38 percent of the crop emerged.
Soybean planting was at 11 percent and cotton
planting was at five percent. Click here for the full Kansas
report. |
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.
|
OSU
Wheat Improvement Team Developing Varieties for
Farmers and Processors
Improving
wheat production and wheat quality continues to be
the top priorities of the Oklahoma State
University Wheat Improvement program. OSU
Wheat Breeder Dr. Brett Carver
said he looks for varieties that out yield
Gallagher and Iba, but he also has to consider the
demands of miller's and bakers in his
program.
"We have to meet certain
expectations and we're not going to cut those
short one bit," Carver said. "It may not be such
that they can translate that to yield. That's ok.
It translates to the economy and the success of a
product downstream from the field and that's very
important."
One experimental line
that continues to stand out is OK09125. Carver
said this variety stems from Texas A & M
University's line TAM303 and Overley developed by
Kansas State University. The line offers disease
resistance, yielding ability and broad adaptation.
The experimental variety can rebound from grazing
and shows resistance to freezing temperatures.
Carver said sometime this year they will decide if
this variety will be released by
OSU.
In looking at the future of wheat
breeding, Dr. Carver is very optimistic. Click here to read more or have
the opportunity to listen to the full interview
with Dr. Carver. |
One
of the Best Fields for New College Graduates?
Agriculture.
U.S.
Agriculture Secretary Tom Vilsack Monday
announced a new report showing tremendous demand
for recent college graduates with a degree in
agricultural programs with an estimated 57,900
high-skilled job openings annually in the food,
agriculture, renewable natural resources, and
environment fields in the United States. According
to an employment outlook report released today by
USDA's National Institute of Food and Agriculture
(NIFA) and Purdue University,
there is an average of 35,400 new U.S. graduates
with a bachelor's degree or higher in agriculture
related fields, 22,500 short of the jobs available
annually.
"There is incredible
opportunity for highly-skilled jobs in
agriculture," said Secretary Vilsack. "Those
receiving degrees in agricultural fields can
expect to have ample career opportunities. Not
only will those who study agriculture be likely to
get well-paying jobs upon graduation, they will
also have the satisfaction of working in a field
that addresses some of the world's most pressing
challenges. These jobs will only become more
important as we continue to develop solutions to
feed more than 9 billion people by
2050."
The report projects almost half
of the job opportunities will be in management and
business. Another 27 percent will be in science,
technology, engineering, and mathematics (STEM)
areas. Jobs in food and biomaterials production
will make up 15 percent, and 12 percent of the
openings will be in education, communication, and
governmental services. The report also shows that
women make up more than half of the food,
agriculture, renewable natural resources, and
environment higher education graduates in the
United States.
Click here to read more about
this report and the great outlook for graduates of
food, agriculture, renewable natural resources,
and environment programs.
|
Peel
Finds North American Cattle Trade Impacting U.S.
Cattle Supplies
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow/Calf Corner
newsletter.
Canada and Mexico
have been a source of feeder and slaughter cattle
for many years. This is in addition to bilateral
trade in beef, with both countries among the major
markets for U.S. beef exports as well as major
sources of beef imports. In 2014, U.S. imports of
Canadian slaughter steers and heifers represented
1.7 percent of total U.S. steer and heifer
slaughter. These yearling slaughter cattle imports
were up 13.9 percent from 2013 and included a 24
percent increase in slaughter heifers compared to
a 7.4 percent year over year increase in slaughter
steer imports. With the latest trade data for
March, year to date slaughter steer and heifer
imports from Canada are down 40.6 percent from
last year based on a 49.5 percent decrease in
slaughter steer imports and a 27.4 percent
decrease in slaughter heifer
imports.
Total feeder cattle imports
from Mexico and Canada in 2014 amounted to 4.8
percent of the total 2014 U.S. calf crop. This was
the largest relative contribution of Canadian and
Mexican feeder cattle to U.S. feeder supplies in
data back to 1992. U.S. imports of feeder cattle
from Canada are up 11.7 percent year over year
from January to March. This follows a 37.8 percent
year over year increase in Canadian feeder cattle
imports in 2014. Canadian feeder imports in 2014
consisted of a 60 percent increase in feeder
heifers from the previous year. However, year to
date imports of Canadian feeder heifers are down
10 percent compared to the January to March period
one year ago. In contrast, feeder steer imports
are up 57.1 percent so far this year. The weight
of Canadian feeder cattle imports is also quite
different this year compared to last. For the year
to date, imports of Canadian feeder cattle over
700 pounds are up 58.0 percent from last year
while imports of Canadian feeder cattle less than
700 pounds are down 10.6 percent.
Click here to read more about
U.S. imports of Mexican cattle and the outlook for
herd expansion in Mexico and
Canada. |
NCBA
Waiting for Congress to Address Comprehensive Tax
Reform and COOL
Presidential
campaigning is ready underway for the 2016
election. That makes it difficult for Congress to
focus on areas like tax reform and Country of
Origin Labeling (COOL). National
Cattlemen's Association Vice President of
Government Affairs Colin Woodall
is hoping something will get done with tax reform
this year, but it won't be easy.
"It's
going to be really hard to get comprehensive tax
reform done this year, I'm afraid, but I think
Congress is going to go a long ways in getting
pretty close," Woodall said.
The House
of Representatives has already passed legislation
making the section 179 -expensing permanent, the
Conservation Tax incentive permanent and last week
the House passed legislation to repeal the death
tax.
"All of that is great activity,
activity that I think really helps build a case
for comprehensive tax reform," Woodall said. "I
don't think any one of them will get a standalone
vote, or be signed as standalone pieces of
legislation, but they all could be very well be in
a bigger tax package."
I featured
Woodall on the Beef Buzz. Click or tap here to listen to
today's Beef Buzz. |
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.
|
Oklahoma
Wheat Commission Presents "Staff of Life"
Honors
The
Oklahoma Wheat Commission recently honored two
outstanding individuals with the Oklahoma Wheat
Commission's "Staff of Life" award. The
Oklahoma Wheat Commission honored Dr.
Liuling Yan and Tom
Glazier for their contributions to the
state's wheat industry. The "Staff of Life"
award is the highest award honor given by the
Oklahoma Wheat Commission to an individual who
meets the criteria of dedicating many hours of
service to our wheat industry when it comes to
helping market and promote.
Yan
is an assistant professor, wheat molecular
geneticist and breeder for the Oklahoma State
University wheat breeding program. Dr. Yan has
been instrumental in increased advancements made
in wheat variety development at OSU, and his
efforts have also been influential in other parts
of the United States. With his laboratory work in
gene selection and using marker assistance to find
specific traits that combat foliar diseases such
as leaf rust, stripe rust, or finding genes to
increase wheat yield, Yan no doubt, has been a
major contributor to the work being accomplished
with the breeding program at OSU. Billings,
Duster, Ruby Lee, Garrison, Gallagher, Iba and
Doublestop CL Plus are just some of the wheat
varieties that have come out of the OSU wheat
breeding program while Dr. Yan has been a member
of the Wheat Improvement Team (WIT) as a molecular
geneticist. Click here to read more
about Dr. Yan.
Glazier
is a former board member of the Oklahoma Wheat
Commission and has hosted many foreign and
domestic wheat buyers on his family farm in Loyal
with his wife Shortie. Tom has also been
instrumental in promoting the State 4-H and FFA
Junior Wheat Show, in order to give students who
might be interested in careers within the wheat
industry an idea of all the different segments
involved with wheat production. Tom has also
served on the Oklahoma Wheat Growers Association
Board, the National Association of Wheat Growers
Board of Directors and US Wheat Associates Board
of Directors. Click here to read more about Tom
Glazier. |
This
N That- Crop Production Report This AM, Boxed Beef
and Land and Range Judging
Results
USDA
will be releasing a couple of reports that the
grain industry is looking forward to this morning
at 11:00 AM central time. The regular
monthly WASDE report will be released- and will
offer the latest stock and usage numbers for our
major commodities.
At
the same time- we get a USDA Crop Production
report that will feature the 2015 Winter Wheat
Crop numbers- this will provide us with USDA's
first take on the size of the hard red winter
wheat crop here in the southern plains.
This
past week- the Kansas Wheat Crop Tour predicted
228 million bushels for the 2015 crop- up from the
246 million bushels produced in 2014. At the
same time, the Oklahoma Crop was estimated at 108
million bushels- and while the USDA estimate will
be an important number- it still may or may not be
close- depending on what the weather does between
now and Memorial Day.
We'll
link to the reports on our website-
OklahomaFarmReport.Com and offer analysis this
afternoon.
**********
On
a regular basis, Ed Czerwein of the U.S.
Department of Agriculture Market News Office in
Amarillo, Texas offers a review of the previous
week's boxed beef trade. According to his Monday
afternoon report of this week- the daily
spot Choice box beef cutout ended the week last
Friday at $258.12 which was 3.48
higher.
Read
more or take a listen to Ed's commentary by clicking here.
**********
It
was muddy- but the 4-H and FFA members that came
from 34 states were not deterred- as the 64th
National Land and Range Judging Contest was held
in central Oklahoma.
After
two days of studying Oklahoma's unique range and
soil types at practice sites in Oklahoma City,
contestants bussed to the official competition
site on Cheyenne and Arapaho Tribal land in
Concho, Okla.
National
winners included young people from Texas, Indiana,
Ohio and South Dakota.
Click here for the full story of
last week's competition.
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God Bless!
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phone: 405-473-6144
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Farm Bureau is Proud to be the Presenting Sponsor
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Email
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