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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
$6.25 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
Friday,
May 15,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured
Story:
Spring
rains have washed away the drought across much of
Oklahoma. The latest U.S. Drought
Monitor report has shown Oklahoma has
made big improvement in recent weeks. For the
first time since July 17, 2012, none of the state
is in exceptional drought (D4). That's the highest
level of drought classification from the
National Drought Mitigation
Center based in Lincoln, Nebraska.
The latest U.S. Drought Monitor report
has nearly 13 percent of the state rated
abnormally dry, about 23 percent in moderate
drought, almost 21 percent in severe drought and
almost four percent in extreme drought. This is
the first week in almost three years that none of
the state received the exceptional drought level
classification (D4). But even with this
improvement, over 47 percent of the state
continues to receive a drought rating of moderate
to extreme drought. An estimated 731-thousand
Oklahomans continue to affected by the ongoing
drought.
April and May rains have
eroded the drought across much of the state. In
looking at the Drought Monitor map from April 21,
the extreme (D3) to exceptional drought (D4) level
in Oklahoma has gone from 37 percent to just four
percent this week. Oklahoma Climatological Survey
state climatologist Gary McManus
said that's about as dramatic of an improvement
that he has seen in one week for the Drought
Monitor with severe to exceptional drought (D2 -
D4) going from 46 percent to 25 percent. That's a
reduction of 21 percent. He said that matches the
reduction made in November 2011.
Here's
the latest Drought Monitor map showing- at least
for now- drought on the run in the state-
What's
ahead? Well, as we finish up this
morning's email- it's raining. And Severe weather
may rear its ugly head on Saturday- details on
that later in this
email. |
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|
Latest
Food Demand Survey Updates Willingness to Pay by
Consumers- And Attitudes About
GMOs
The
latest edition of the Food Demand
Survey has been released by the Ag
Economics Department of Oklahoma State
University- and the willingness to pay by
consumers here in May has slipped for steak,
chicken breasts, deli ham and chicken wings
compared to the April questionnaire. Consumers say
they are willing to pay more for hamburger and
pork chops this month- compared to April. In all
cases for these meat items- consumers are willing
to pay more than they did in May 2014.
For steak- the willingness to pay
price for May is $7.45, down 7.12% from the
previous month, while the chicken breast price is
$5.36 a pound, off 4.11% from last month.
Food expenditures are estimated by
consumers to be slightly less in May versus April
at $96.32 on a weekly basis. That's virtually flat
with the expenditure reported in May 2014 of
$96.34. The amount spent by consumers in eating
away from home was up twenty one cents compared to
a month ago- at $53.23. The survey reports that
"consumers expect higher meat prices and expect to
buy more beef, chicken and pork compared to one
month ago. Inflationary expectations are lower
than was the case a year ago."
The
Survey reports that "Taste, safety and price
remained consumers' most important values when
purchasing food this month. Consumer values
remained similar to those in past months, with an
increase in perceived value of taste, safety and
appearance, and a decrease in perceived value of
nutrition and environment."
Click here to read more about the
results of the Food Demand Survey. This
month the survey is centered around GMOs and Avian
Influenza- or Bird
Flu. |
Farmers
to Congress: Fast Track American Agriculture with
Trade Promotion Authority
The
United States Senate voted
cloture Thursday- allowing debate to move forward
on H.R. 1314, the Bipartisan Congressional Trade
Priorities and Accountability Act of 2015
(TPA-2015). A final vote is expected to take place
next week.
American
Soybean Association (ASA) First Vice
President Richard Wilkins took
part in two separate trade briefings in Washington
Thursday as the association ramps up its pressure
on Congress to pass legislation that would grant
trade promotion authority to the White
House. "ASA is pleased to see the Senate
move toward a vote on TPA," he said. "Trade is a
critically important an issue for soybean farmers,
and trade promotion authority is one of the top
priorities for ASA in the 114th Congress, so we'll
continue to push for passage of the Bipartisan
Congressional Trade Priorities and Accountability
Act," Wilkins said. "The passage of the bill by
the Senate Finance Committee and the House Ways
and Means Committee shows that there is support on
both sides of the aisle to get a deal done, and
we've already seen both parties come together to
address their differences. That signals, to us at
least, that we're making progress." Click here to read more from ASA.
National
Corn Growers Association President Chip
Bowling issued the following
statement: "Thank you to the bipartisan
group of senators who voted to take up Trade
Promotion Authority legislation. Trade is
essential to the livelihoods of American farmers,
as well as the one million people whose jobs
depend on agricultural trade. TPA legislation is
critical to removing trade barriers, expanding our
access to global markets, and ensuring farmers get
the best possible deal in trade agreements."
Click here to read more from NCGA
or for more information on
TPA.
American Farm
Bureau Federation President Bob
Stallman released the following
statement regarding the Bipartisan
Congressional Trade Priorities and Accountability
Act of 2015. "The growth of U.S. agriculture
depends on our ability to break down trade
barriers and complete ambitious new trade
agreements," he said. Click here to read more American
Farm
Bureau.
|
Kim
Anderson Analyzes latest WASDE Report, Provides
Short-Term Price Outlook
Few
surprises were found in the latest global grain
stocks report. On Tuesday, the U.S.
Department of Agriculture released the
World Agricultural Supply and Demand
Estimate (WASDE) May report. On this
weekend's edition of SUNUP, Oklahoma State
University Grain Marketing Specialist
Dr. Kim Anderson said the report
showed that wheat remains to be plentiful
globally.
Anderson said the ending
stocks were higher than expected both for the 2014
- 2015 marketing year and the 2015 - 2016 year. He
said next year's ending stocks are projected to be
up in the upper end of the 700 million, which is
quite a bit of wheat.
Spring rains are
also boosting projected domestic wheat production.
About six weeks ago, Anderson projected Oklahoma
would produce an estimated 80 million bushel crop.
With continuing rains, that projection continues
to increase. This week USDA projected Oklahoma's
wheat crop at nearly 119 million
bushels.
We've
got Dave Deken and Kim's full
interview for you to hear- and a complete rundown
of this weekend's SUNUP program to be seen on OETA
click or tap
here.
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Blue
Bell, Oklahoma Department of Ag Agree on Food
Safety Plan for Ice Cream
Plants
The
Oklahoma Department of Agriculture, Food,
and Forestry has entered into a voluntary
agreement with Blue Bell
Creameries outlining steps and actions
that Blue Bell will take to ensure the production
of safe ice cream. As Blue Bell prepares to resume
production, these measures will ensure a much more
rigorous food safety plan for the Blue Bell ice
cream processing facilities.
The
agreement was signed Thursday and includes several
provisions to address Listeria. Blue Bell will
retain an independent microbiology expert to
establish and review controls to prevent the
future introduction of Listeria. The agreement
will ensure that the company's Pathogen Monitoring
Program (PMP) outlines how the company will
respond to presumptive positive tests for Listeria
species. Blue Bell will also institute a "test and
hold" program to assure that products are safe
before they are shipped or sold.
The
Oklahoma Department of Agriculture, Food, and
Forestry is responsible for the inspection of all
meat, milk and egg processing facilities in the
state.
News
reports indicate that Blue Bell also signed an
agreement with Texas and is working on similar
language with regulators in Alabama, where they
also have a plant.
The
agreement between Blue Bell and these three states
comes after the company based in Brenham, Texas,
failed to tell federal or state health officials
of repeated findings of listeria at its Oklahoma
plant that date back to 2013.
|
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.
|
OSU
Wheat Specialist Jeff Edwards Finds Rain Boosting
Oklahoma Wheat Crop In a Big
Way
The
Oklahoma wheat crop continues to look better down
the home stretch. Earlier this spring it was hard
to tell how much the crop was hurt by the drought.
Now it's hard to tell how much the spring rains
have helped boost yields in recent weeks.
Oklahoma State University
Extension Wheat Specialist Dr. Jeff
Edwards said he was bearish in estimating
the crop at 100 million bushels a few weeks ago.
Last week, the Oklahoma Grain and Feed Association
annual wheat tour estimated the crop at 108
million bushels. The U.S. Department of
Agriculture this week projected the Oklahoma crop
at over 118 million bushels.
"With the
cool temperatures we've had, with the moisture
we've received, I think we can hit that 118
million and come back closer to what we would
consider a normal crop in Oklahoma around 120
million bushels," Edwards
said.
This year the wheat crop
south of Interstate 40 has looked better than the
crop north of the interstate. The southern region
received rain earlier and continued to receive
timely rainfall. He said while the crop has had
better yields, the region has also faced more
foliar disease, as south central Oklahoma has been
ground zero for stripe rust.
I
caught up with Edwards to talk about the 2015
wheat crop. Click or tap here to read or to
listen to the full interview.
Jeff
will join me early Saturday morning on KWTV
News9 for my In the Field segment that is
seen in the News9 morning news block- it will air
around 6:40 AM.
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This
N That- Prayers Needed- Staying Weather Aware on
Saturday and Alltech Rebelation Happening Next
Week
As
many of you know- the current President of the
Oklahoma Cattlemen's Association (and NCBA
Treasurer- and Oklahoma Beef Council Vice Chair),
Richard Gebhart, has been battling a serious
illness for several months now.
He
was initially hospitalized in Denver- recovered to
where he could travel back home to Tulsa and has
been in a hospital since that move. Richard
has had his ups and downs- but we are told that
this has been a tough week- and your continuing
prayers are needed.
***********
Jed
Castles with News9 believes that the next
outbreak of severe weather may be on the horizon-
coming this weekend- and primarily on Saturday
afternoon/evening.
Here's
a graphic courtesy of Jed- and as he says very
simply- it's a good time this weekend to be and
stay "weather aware."
**********
We
will be on the road the first of this coming week
at the 2015 Alltech Rebelation
Conference. The Alltech organization is a
different kind of an animal- and they continue to
grow their influence across all of animal
agriculture and to a lesser extent in crop
production.
The
speaker lineup is most interesting- from General
Colin Powell to Co-CEO for Whole
Foods Walter Robb to former Ag
Secretary Dan Glickman to
Oklahoma feedlot operator Dale
Moore- I think we should have some
interesting ideas and stories to share this coming
week from the Alltech conference- in this email,
on our website, via Twitter and of course on the
Radio Oklahoma Ag Network.
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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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