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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 $6.44 per bushel- based on
delivery to the Apache 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
Thursday,
June 18,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured
Story:
Oklahoma Wheat
Harvest is Stop and Go, As Tropical Depression
Bill Brings Lots of
Humidity
Harvest
has been limited in parts of Oklahoma this week,
even before the arrival of Tropical Depression
Bill on Wednesday afternoon.
While
Bill did not bring much if any rain into areas
where wheat harvest is on hold- he did push a lot
of cloud cover and high humidity into north
central and even parts of northwestern Oklahoma on
Wednesday. Jessica Wilcox,
who farms in the Fairview area in Major County,
reported on Twitter yesterday afternoon that the
moisture levels were too high for the wheat
samples they cut- around 16%- caused by the
excessive humidity, which means sitting and
waiting another day before resuming wheat and
canola harvest.
The
latest Oklahoma Wheat Commission
Harvest Report was released on Wednesday
afternoon. Executive Director Mike Schulte
reports:
"Harvest is beginning
after the rains this past week, in certain
locations of North Central and Northwestern
Oklahoma with some loads received yesterday
evening. Producers in many areas are still
fighting high moisture as of this
afternoon. Once machines get
moving it will be a late start today. In areas of
Southwest and South Central Oklahoma producers are
having to contend with mud in many locations which
is keeping them from even trying until the
weekend.
"We
have seen some wheat hauled into the Hinton area
yesterday, but harvest in this region was very
minimal. Test weights have gone down in many
areas, with lower than expected yields reported in
South Central and Central Oklahoma. Some fields in
Southern and Central Oklahoma will never be
harvested because of the extremely low test
weights and will be turned in for crop insurance.
"Areas
on the Oklahoma/Texas line are 90% to 95% complete
with harvest. In regions of South Central Oklahoma
around Hobart and Lone Wolf approximately 10% to
20% of the crop is left in the field, with Lawton
now reported to be 85% complete. Parts of Central
Oklahoma are reported to be 95% complete around
the Okarche, Kingfisher and Cashion areas.
"
Mike
has more- you can read his entire harvest update
by clicking here.
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|
New
Report Shows Biobased Industry Contributes $369
Billion, 4 Million Jobs to American
Economy
U.S.
Agriculture Secretary Tom Vilsack
Wednesday announced the release of a new report
that shows the U.S. biobased industry is
generating substantial economic activity and
American jobs. He also announced changes under the
2014 Farm Bill that will create additional
opportunities for growth in renewable plant-based
materials, supporting the Obama Administration's
efforts to develop a new, rural economy and
promote creation of sustainable
jobs.
"This report is the first to
examine and quantify the effect of the U.S.
biobased products industry from an economics and
jobs perspective. Before, we could only speculate
at the incredible economic impact of the biobased
products industry. Now, we know that in 2013
alone, America's biobased industry contributed
four million jobs and $369 billion to our
economy," Vilsack said. "Today, we are also adding
to the number of innovative products carrying
USDA's BioPreferred® label and expanding options
for our nation's biorefineries. This means small
businesses and global companies alike can continue
to harness the power of America's farms and
forests to create new and innovative biobased
products that are used all around the
world."
According to the Economic
Impact of the Biobased Product Industry report,
each job in the biobased products industry is
responsible for generating 1.64 jobs in other
sectors of the economy. In 2013, 1.5 million jobs
directly supported the biobased product industry,
resulting in 1.1 million indirect jobs in related
industries, and another 1.4 million induced jobs
produced from the purchase of goods and services
generated by the direct and indirect jobs.
Click here to read
more about the BioPreferred® program.
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Lapses
in Biosecurity Partly to Blame for Bird Flu
Spread
A
new report by the U.S. Department of
Agriculture (USDA) shows that while
lapses in biosecurity and environmental factors
are among the most common causes of the spread of
highly pathogenic avian influenza
(HPAI), there are several reasons as the cause of
the disease. The agency's Animal and Plant
Health Inspection Service (APHIS) says
the information will continue to be analyzed and
updated.
APHIS scientists believe wild
birds were responsible for introducing HPAI into
commercial poultry. While wild birds are the
original pathway for the virus' introduction into
the United States, it appears the virus was
spreading in other ways as well, given the number
and proximity of farms affected by HPAI. For
instance, the report provides evidence that a
certain cluster of farms was affected by identical
viruses, pointing to possible transmission among
those farms. In addition, genetic analyses of the
HPAI viruses suggest that independent
introductions as well as transmission between
farms were occurring in several States
concurrently.
For example, APHIS has
observed the following: sharing of equipment
between an infected and noninfected farm;
employees moving between infected and noninfected
farms; lack of cleaning and disinfection of
vehicles moving between farms; and reports of
rodents or small wild birds inside the poultry
houses. APHIS is compiling these practices and
will present these findings in a subsequent update
of this report. Click here to read
more about how environmental factors may also play
a part in transmitting avian influenza.
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'Red
Ink' Will Continue for Feedlots for Remainder of
2015, Tonsor Says
Every
cattle operation has its own breakeven. The amount
of money you're making or not making, as the case
may be. Depends on how old of a pickup you may be
driving, the amount of infrastructure that you
have on your operation. Right now, cow-calf
operators are in the black. They have made a lot
of money, including record breaking amounts in
2014. That profitability continues this year based
on prices being paid for calves.
Meanwhile, feedlots are experiencing a
different story. Some are making money, but the
average feed yard is in the red. Kansas
State University Extension Livestock
Market Economist Dr. Glynn Tonsor
figures feedlot returns, break evens and
close-outs on feedlot cattle on an ongoing basis.
The current numbers show a lot of red ink. In
every month except August, there are projected
losses ahead. He said August has a projected
return of $35, but for the rest of the months
between now and February 2016 there are negative
returns for feedlots.
"Underneath this,
the main reason that there are projected losses is
that, at the moment, project fed cattle prices are
in the low $150's, maybe even mid-$150's,
depending on the close-out month and the break
evens needed are usually in the mid-$160's and
actually a couple cases of breaking $170," Tonsor
said.
That gap between making or
losing money comes down to input costs. Tonsor
said feedlots are still paying too much for feeder
cattle, relative to the cost of gain. Click here to read or
to listen to this Beef Buzz feature
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Better
Switchgrass Traits, Increases Biofuel
Production
Using
switchgrass to produce biofuel is one way to
decrease the United States' dependence on oil, but
growing it and making it profitable can be
complicated.
Switchgrass is an
excellent candidate for biofuel production. It is
an adaptable plant that can grow on millions of
acres of U.S. lands that cannot support crop or
food production. It is also a renewable
resource.
Harvesting switchgrass
samples by hand for laboratory analysis. Samples
are cut by hand to avoid contamination with soil
or other debris. Credit: M.
Casler
"Many of these lands are
currently in the Conservation Reserve Program,"
says Michael Casler, a research
geneticist with the USDA Agricultural
Research Service, located at the
U.S. Dairy Forage Research
Center. "They are set aside for soil and
water conservation only, with no crop production
allowed. Growing switchgrass could serve both soil
and water conservation goals and provide biomass
for energy production."
Click here to read
more about breeding efforts for improve biomass
production and processing of switchgrass.
|
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.
|
Fast
Track Authorization for the President Gets Another
Vote Today
The
House will attempt to break an impasse over the
fast-track trade bill after GOP congressional
leaders reached agreement to separately enact an
extension of Trade Adjustment Assistance
programs.
The
plan involves splitting a bill that included both
the TAA extension and the fast-track Trade
Promotion Authority that Obama needs to complete
new trade agreements. With this split by the
House- it means that now the Senate will also be
facing new votes on TPA and TAA.
The House will vote on TPA later today
and then leave TAA to be handled separately in
other legislation.
Senate
Majority Leader Mitch McConnell of Kentucky and
House Speaker John Boehner of Ohio jointly issued
the following statement yesterday on the upcoming
trade debate:
"We
are committed to ensuring both TPA and TAA get
votes in the House and Senate and are sent to the
President for signature. And it is our intent to
have a conference on the customs bill and complete
that in a timely manner so that the President can
sign it into law."
Ag
groups continue to call on Congress to get TPA
done in order for the Obama Administration to be
able to move forward to get the Trans Pacific
Partnership deal done. 's
Industry Advisory Committee members.
|
This
N That- Bill Edging Northward and Cattle on Feed
Report Tomorrow
It
appears that Bill has pushed north to a location
between Pauls Valley and Ada this morning- and
leftovers of this Tropical Storm will continue to
move north and slightly east as the day wears on.
Heavy rains of ten inches and more have
fallen in south central Oklahoma- Jed
Castles is reporting that the Ardmore
Airpark rain gauge has recorded 13.6 inches of
rain- and there and locations just north of there
in Murray County have apparently had the most
rain. The Healey family has tweeted from their
Southern Cross ranch that they have received nine
inches of rain to this point(that's not far from
Davis).
We have seen some short videos on
social media this morning from Falls Creek- the
Baptist Camp just south of Davis- and the streams
that flow thru the camp are crazy high and roaring
quickly past the buildings that are filled with
thousands of young people.
Where the
very heaviest rains have been is great ranch
country- and keep those ranchers in your prayers
this morning as they check on cattle and worry
about the high water.
The expectation is
that once Bill exits Oklahoma- we will start to
dry out- we are looking for more open, drier
weather into next week- click here for the
News9 forecast for central and western Oklahoma
and click here for the
News on 6 forecast for the eastern part of the
state.
**********
Tomorrow afternoon, our next
regular Cattle on Feed report will be released by
USDA- and Rich Nelson of
Allendale has emailed to us their pre report guess
on the feedlot cattle count:
"May
Placements are expected to be 6.3% smaller than
last year at 1.792 million head. This is the
smallest May placement in four years. USDA's
cattle feeding margin ended the month with a $81
per head loss on outgoing cattle. This would be
six months in a row of losses. Corn averaged $3.67
in Western Kansas in May ($3.80 in April, $4.97 in
May 2014). May placements supply the October
through January slaughter period.
"Allendale
anticipates a Marketing total 7.6% lower than May
2014. There was one less weekday in May 2015 vs.
2014. This caused an artificial 4.7% adjustment.
Our 1.723 million head estimate is the smallest
May marketing since the current data-series
started in 1996.
"Total
Cattle on Feed as of June 1 is 0.3% higher than
last year. That is a decrease from the May 1 total
that was 0.8% over last year.
"
The
report will be released at 2:00 PM central time on
Friday.
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to Midwest Farms Shows,
P & K Equipment, American Farmers &
Ranchers,
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