 |
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
$7.46 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.
| |
Oklahoma's
Latest Farm and Ranch News
Presented
by
Your
Update from Ron Hays of RON
Wednesday, July 1,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured
Story:
Feral
Swine- They're Destructive, Prolific But Are an
Agri Tourism Boon for Rural
Oklahoma
The
Oklahoma Board of Agriculture convened a public
forum on Tuesday in Oklahoma City to hear from
stakeholders that have an interest in the growing
feral swine population found in Oklahoma. In a
public notice about the forum, the Department said
"The continued expansion of feral hogs throughout
Oklahoma with their destructive nature and
prolific reproduction is a concern for many
agriculturalists and landowners. This forum is
being hosted by the Department of Agriculture to
give the public input on solutions and proposed
solutions to this concern. Topics the Board of Ag
is asking participants to address include specific
proposals that were discussed this last
legislative session."
We
were at the forum and have posted on our website
an audio overview of what was being said-
featuring comments from State Ag Secretary
Jim Reese, the Noble Foundation's
Joshua Gaskamp, Roy Lee
Lindsey of the Oklahoma Pork Council and
Wild Boar Hunting Ranch Owner Matt
Napper.
You
can go over to our Top Ag Story by clicking here and
taking a listen- we also have links to our
complete Q&A with Lindsey, Napper and Gaskamp
that we have posted as Podcasts in our "Listen to
Ron" section of the Oklahoma Farm Report
website. The Listen to Ron page is
available here.
Here
are some key takeaways from the
Forum:
The
State Board will be looking at rules regarding the
transport of feral hogs- we may see some of their
proposals by late summer or down into the fall.
Domestic
livestock can be exposed to a variety of diseases
by feral hogs running loose across the
state- the estimated one million hogs
statewide can be considered a domesticated
livestock health threat that is growing.
Wild
hog numbers are growing- Josh Gaskamp told the
audience that if you don't have a 70% control of
the feral hog population EVERY YEAR- the numbers
of hogs are likely to increase.
Annual
damage to crops and wildlife habitat likely
exceeds a billion dollars a year across the
US.
One
adult feral hog can cause a thousand dollars in
damage to a field where a crop like corn or grain
sorghum is being grown- in one
night.
This
is a hot potato topic for politicians- with
emotions especially strong in south central and
southeastern Oklahoma.
Since
hogs are smart, elusive and prolific- control will
never be easy.
|
Sponsor
Spotlight
For
nearly a century, Stillwater
Milling has been providing ranchers
with the highest quality feeds made from the
highest quality ingredients. Their full line
of A&M Feeds can be delivered to
your farm, found at their agri-center stores in
Stillwater, Davis, Claremore and Perry or at more
than 100 dealers in Oklahoma, Arkansas, Kansas and
Texas. We appreciate Stillwater Milling's
long time support of the Radio Oklahoma Ag Network
and we encourage you to click here to learn
more about their products and
services.
P&K
Equipment has ten locations in
Oklahoma and as the state's largest John Deere
dealer, has been bringing you the best in John
Deere equipment, parts, service, and solutions for
nearly 30 years. The P&K team operates with
honesty and a sense of urgency... getting you what
you need, when you need it. With an additional
nine stores in Iowa, P&K has the extra
inventory and resources, to provide you, the
customer, with a better experience all around.
Click Here to visit P&K
on the web... where you can locate the store
nearest you, view their new and used inventory,
and check out the latest
deals.
|
USDA
Acreage and Stocks Reports Spur Rally for Grain
Markets
The
latest acreage and grain stocks report provided
plenty to move the futures market. On Tuesday, the
U.S. Department of Agriculture released their
latest estimates. Tom Leffler of Leffler
Commodities said there was plenty of
trading and wheat, corn and soybeans all finished
with double digit gains when the markets closed.
Radio Oklahoma Network's Leslie Smith interviewed
Leffler Tuesday. Click or tap on the LISTENBAR
below to hear the full report.
American farmers planted 1.7 million
fewer acres of corn in 2015 than they did the
previous year, according to the USDA's Acreage
report. The report indicates a 300,000 acre net
decrease from the prospective planting report
released in March. Total corn planting in the
United States total 88.9 million acres, for the
lowest planted acreage since 2010. Notably, it
still represents the sixth-largest U.S. corn
acreage planted since 1944. Leffler said this was
lower than trade expectations and the third
straight year for a decline in corn
acres. He said is was friendly to
the market, but not overly friendly.
U.S.
soybean acres were estimated at 85.13 million
acres. Leffler said that was lower than trade
estimates, but are still a record soybean acreage
estimate.
U.S. wheat acres were
estimated at 56.1 million acres. That was down one
percent from 2014 and Leffler said that had no
bearing on the market.
U.S. cotton
acres were estimated at 9 million acres. That's 18
percent lower than a year ago.
With
the surveys taking place from late May into June,
USDA is looking at revising the numbers in the
next acreage report to be released on August 12th.
Leffler said USDA will re-survey the cotton acres
in Texas, the sorghum acres in Kansas and soybean
acres in Arkansas, Kansas and
Missouri.
On Tuesday, USDA also
released the latest grain stocks report.
Across wheat, corn and soybeans, grain stocks came
in higher than a year ago. Click here to read or
to listen to the full analysis from Tom
Leffler.
For
the full Acreage report, click here.
For
the full Grain Stocks report, click here.
|
Australian
Drought Leads to Massive Herd Liquidation, While
Helping U.S. Beef Supplies
The
Southern Great Plains saw substantial herd
liquidation a few years ago, when the exceptional
to extreme drought hit the region. With drought
recovery in recent months, the region has started
to see herd expansion. Rabobank
livestock industry economist Don
Close said now Australia is getting
similar weather conditions seen in the U.S. in
2011, 2012 and 2013.
"It has been
absolutely phenomenal, the rate of liquidation
that they have endured in Australia," Close said.
Australia has received some unexpected
rains in recent weeks, that is very counter
seasonal to the El Nino weather pattern. Close
said that will buy livestock producers some time,
but he forecasts that once the market starts to
rebuild the price explosion in the Australian
market will be even greater than what the U.S. saw
in the 2014 cattle market.
"Just the
rate of liquation that they have had in Australian
in the last two and half years is going to be a
huge, huge drain," Close said. "It's going to take
years to rebuild the numbers once it does
rain."
With the strong beef prices in
the United States, a lot of that Australian beef
is being shipped and sold in the U.S. I
featured Don Close on our latest Beef Buzz, as
heard on great radio stations across the southern
great plains. Click or tap
here to listen to this feature.
|
Cattlemen
Need to Manage Technology for Efficient Genetic
Progress
No
doubt cattlemen are producing more with less, but
they'll have to keep on their game. New
Mexico State University College of
Agricultural, Consumer and Environmental Sciences
Dean Lowell Catlett said
cattlemen have to think about feeding a growing
world population.
"If we are going to
feed 9 billion people like we do right now 7.2
billion people, we have very intensive, efficient
operations, Catlett said. "When I went to college,
it used to be 6-8 pounds of feed to get a pound of
beef, but operations now do it in 3-4. We have
seen fabulous efficiencies and it is done by
intensive management of livestock."
Applied technology allows the cattle
community faster progress. Today D-N-A sampling
helps cattlemen look at each animal and adjust
management accordingly. That promises to bring out
the best in each cow and breed. Click here to read
more to watch this video news release from the
American Angus Association and Certified Angus
Beef.
|
Op-Ed:
Ag Futures Pit Trading - The End of an
Era
Op-Ed
Written By Cassie Fish,
CassandraFish.com
For those of us
that have traded these markets for decades, this
week marks the end of an era. The agricultural
trading pits at the CME and CBOT were a place
where the professional market maker assumed risk
and the commercial trader laid it off with
confidence and transparency. There was a
distinctive and very discernible action to read, a
road map as it were, for a dedicated student of
the market.
The trading floor was a
vital community as well as a place of commerce.
Every major cattle feeder and beef packer talked
to someone on the floor, sometimes multiple times
daily as information was shared, ideas exchanged
and lifelong friendships forged. Farm kids fresh
out of college headed to Chicago to seek their
fortune and if they stuck with it could learn
valuable skills and find opportunities available
nowhere else.
The migration to
electronic trading is virtually complete. Traders
now fly blind with transparency a thing of the
past. Computer algorithms generate orders at
lightning speed and attempt to read the book
before blowing through it. Gone are the days of
multiple scaled up or down orders providing fodder
for the market to chew through, which created a
certain methodical pace much of the time. Here to
stay is much greater volatility much more
frequently- some of it meaningless in the broader
context. Click here to read
more.
|
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.
|
Maui
Ban on GMOs Knocked Down by Federal Judge
From
several news organizations in Hawaii- we learn
that the county ban on GMOs that was voted in last
fall by the Hawaiian island of Maul has been
struck down by a federal judge.
From
the website civilbeat.com-
A
federal judge has invalidated Maui County's
moratorium on genetically engineered crops that
voters approved last fall.
Judge
Susan Mollway said in a ruling filed
Tuesday that the ordinance is "invalid and
unenforceable" because it is preempted by state
and federal law.
That's
similar to the reasoning that Judge Barry
Kurren relied upon to strike down both
Hawaii County's partial ban on
genetically modified farming and Kauai County's pesticide disclosure law last
year.
Mollway
emphasized that the ruling is not a statement on
whether genetically modified organisms are
beneficial or detrimental.
"The
court recognizes the importance of questions about
whether GE activities and GMOs pose risks to human
health, the environment, and the economy, and
about how citizens may participate in democratic
processes," she said. "But any court is a reactive
body that addresses matters before it rather than
reaching out to grab hold of whatever matters may
catch a judge's fancy because the matters are
interesting, important, or of great concern to
many people."
Read
more about the decision by Judge Mollway by clicking here.
Hawaii
is an extremely important part of the seed
business in the US- as the climate allows seed
companies to produce multiple generations of crops
each year in their process of perfecting traits
that can be used commercially here on the
mainland.
All
of the major seed companies have research farms on
one or more of the islands that make up the state
of Hawaii.
|
It's
Big Iron
Wednesday
It's
Wednesday- and that means the Big
Iron folks will be busy closing out this
week's auction items - all 293 items
consigned. Bidding will start at 10 AM
central
time.
Click Here for the complete
rundown of what is being sold on this no reserve
online sale this week.
If
you'd like more information on buying and selling
with Big Iron, call District Manager Mike
Wolfe at 580-320-2718 and he can give you
the full scoop. You can also reach Mike via
email by clicking or tapping
here.
|
|
God Bless!
You can reach us at the following:
phone: 405-473-6144
|
Oklahoma
Farm Bureau is Proud to be the Presenting Sponsor
of the Ron Hays Daily Farm and Ranch News
Email
| | |