From: Ron Hays [] on behalf of Ron Hays []
Sent: Friday, July 17, 2015 5:48 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update

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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 Futuresclick 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 $6.56 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

Okla Farm Bureau    

Your Update from Ron Hays of RON
   Friday, July 17, 2015
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
Featured Story:
FooDSurveyConsumers' Willingness to Pay Drops in Latest OSU Food Demand Survey


Consumers expect lower meat prices and expect to buy less meat compared to one month ago. That's according to the monthly Food Demand Survey released by Dr. Jayson Lusk and his team in the Ag Economics Department at Oklahoma State University. Consumers' willingness-to-pay (WTP) has decreased for all products in July, except for hamburger which remained nearly unchanged. WTPs for beef and chicken products are similar to this time last year, but pork WTPs are down from last year.

Consumers are more focused on eating this month. Food expenditures for food eaten at home increased slightly from June, whereas food expenditures for food purchased away from home also increased 4.88 percent relative to last month.

Taste, safety, and price remain consumers' most important values when purchasing food this month. Consumer values remained similar to past months, with a decrease in perceived value of naturalness, and an increase in perceived value of appearance. Consumers continue to report their main challenge was finding affordable foods.

In tracking consumer concerns, the survey found genetically modified organisms (GMOs), E. coli, and Salmonella were the most visible issues in the news over the past two weeks. The largest percentage jump in awareness from June to July was for beta-agonists and gestation crates. The largest percent decrease from June to July was seen in bird flu and swine flu.

Dr. Jayson Lusk, Regents Professor and Willard Sparks Endowed Chair in the Department of Agricultural Economics, leads the team that has developed and conducts the monthly Food Demand Survey. The purpose of this project is to track consumer preferences and sentiments on the safety, quality, and price of food consumed at home and away from home.

Click here to read the results of OSU's Food Demand Survey.   


Sponsor Spotlight


We are delighted to have the Oklahoma Cattlemen's Association as a part of our great lineup of email sponsors. They do a tremendous job of representing cattle producers at the state capitol as well as in our nation's capitol. They seek to educate OCA members on the latest production techniques for maximum profitability and to communicate with the public on issues of importance to the beef industry.  Click here for their website to learn more about the OCA.




Here in the new year- we are delighted to have a new partner in helping bring you our daily Farm and Ranch News Email- National Livestock Credit Corporation.  National Livestock has been around since 1932- and they have worked with livestock producers to help them secure credit and to buy or sell cattle through the National Livestock Commission Company. They also own and operate the Southern Oklahoma Livestock Market in Ada- and more recently acquired Superior Livestock, which continues to operate independently. To learn more about how these folks can help you succeed in the cattle business, click here for their website or call the Oklahoma City office at 1-800-310-0220.


SUNUPAnderson Finds Good and Bad News in the Wheat and Corn Markets


With the 2015 Oklahoma wheat harvest in the books, it's time to reflect on this year's crop. Oklahoma State University Grain Marketing Specialist Kim Anderson said the price and quality of wheat in Oklahoma has been all over the board. On this weekend's edition of SUNUP, he address the challenges with the milling quality of the crop and the volatile prices in recent weeks.

The Kansas City wheat September futures contract had gotten above six dollars a bushel to a peak price of $6.11. Over the last week, wheat prices have turned lower. Anderson said the price has tested $5.50 and if the market breaks that level, he thinks it could lose another 15 to 20 cents.

In looking at the global wheat crop, Anderson predicts wheat harvest is about halfway complete. He said harvest has wrapped up in India and North Africa, China has about one-third of their crop left to cut, while the U.S. and European Union is past the halfway point. By late August into the fall, wheat harvest will get underway in Canada, Argentina and Australia.

In looking at marketing the 2015 wheat crop, Anderson doesn't think it will pay to store the crop.

"I think the odds are probably 60 percent that it's going to lower in December than it is now, but we're just going to wait and see what's going on," Anderson said.

 Anderson also address the bump in corn prices.  Click here to read more or to listen to the full interview with Kim Anderson.  You can also find the lineup for this weekend's edition of SUNUP. 

MizzoResearchTalking JBS, COOL and WOTUS with Roy Lee Lindsey of the Oklahoma Pork Council



It had been known for much of 2015 that JBS was looking for meat industry assets to acquire globally. That apparently included looking at segments of the business that were not for sale. As a result, some pork industry observers were taken by surprise when Cargill agreed to sell its U.S. pork business to JBS earlier this month for $1.45 billion, a deal that would combine two of the country's largest pork processors. Oklahoma Pork Council Executive Director Roy Lee Lindsey said this acquisition gets JBS into pork production.



"So, they went from having no sow herd, if you will, no hog production to acquiring 160,000 head of sows from Cargill," Lindsey said. "Some of those are here in Oklahoma, the biggest farm of that is out in Texas, it's the old Premium Standard facility at Dalhart." The sow unit that is in Oklahoma proper is located in far eastern Oklahoma- between Poteau and Fort Smith, Arkansas.



With this purchase, Lindsey said JBS doubled their daily pork slaughter capacity in buying the Cargill's processing plants in Iowa and Illinois. Because the sale involves the number three and number four pork processors in the US, the sale is subject to regulatory review and approval by Uncle Sam. 



We also talked about where the Pork Industry stands on COOL Repeal and WOTUS litigation with the Executive Director of the Oklahoma Pork Council. Tomorrow morning on KWTV NEWS9's Saturday AM news block, Roy Lee joins me for our weekly In the Field segment at approximately 6:40 AM.  We invite you to tune in.



AND- you can hear our conversation with Roy Lee about JBS, COOL, WOTUS and more by clicking here.



CurtPatePate Says Consumers Should be Top of Mind When Working Cattle


Curt Pate is one of the leading cattle handling trainers in North America. He hails from Wyoming. In April, he was in Oklahoma training some folks both young and old on effective stockmanship. In this best of edition of the Beef Buzz, Pate said producers need to make sure what they are doing is also acceptable to the consumer.

"We are in the age of ....people really think about what they eat and if we can't look 'em in the eye and tell 'em that we are giving them what they require and what they want, I don't believe it's going to work, they are going to go other places to find something to eat," Pate said. "So, as a beef producer, I want to be able to go to church or to a football game and I want to be able to look my friends in the eye and shake their hands and say I'm doing everything I can to ensure these animals are raised in a way that you think is all right."

The term "properly treated" is very subjective. That's a challenge as often today's consumer will look at cattle or livestock like how they look at their dog or cat, so a lot of their expectations doesn't match the reality of raising livestock. 

We are featuring Pate on this best of edition of the Beef Buzz, as heard on great radio stations across the southern great plains. Click or tap here to listen to this feature.   

SelkSupplementsSelk Breaks Down the "Positive Associative Effect" of High Protein Supplements


Glenn Selk, Oklahoma State University Emeritus Extension Animal Scientist, writes in the latest Cow-Calf Newsletter.

For the first time is several years, Oklahoma has substantial standing forage in most pastures as we go into late summer.   As the day length shortens, plants become more mature and lower in protein content. However, the protein requirements for growth, milk production, and body weight maintenance of beef cattle do not decrease as the "dog days of summer" arrive.

The micro-organisms in the rumen of beef cows and replacement heifers require readily available protein to multiply and exist in large enough quantities to digest the cellulose in low quality roughages. Protein supplementation of low-quality, low protein forages results in a "positive associative effect". This "positive associative effect" occurs as supplemental protein available to the "bugs" in the rumen allows them to grow, multiply, and digest the forage more completely and more rapidly. Therefore the cow gets more out of the hay she consumes, she digests it more quickly and is ready to eat more hay in a shorter period of time. The prairie hay used in this study was less than 5% crude protein. When the ration was supplemented with 1.75 lbs of cottonseed meal, retention time of the forage was reduced 32% which resulted in an increase in feed intake of 27%. Because hay intake was increased, the animal has a better chance of meeting both the protein and energy requirement without supplementing other feeds.

Because retention time was decreased, one should expect the protein supplementation in this situation also increased digestibility of the hay. This was shown clearly in another OSU trial that indicated that low quality roughage had an increase in estimated digestibility from 38% to 48% when the cattle were supplemented with 1.5 pounds of soybean meal daily.


Click here to read more about fall, and winter feed strategies from Dr. Selk. 

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.

A Quartet of Farm Bureau State Presidents Waste Little Time Declaring Their Candidacy for AFBF President in 2016


According to the Hoosier Ag Today website- Don Villwock has decided not run for another term as state President of the Indiana Farm Bureau- but has decided instead to throw his hat into the ring to replace Bob Stallman as President of the American Farm Bureau. Stallman announced earlier this week that he will not seek reelection after serving 16 years as the President of the nation's largest general farm organization.

Villwock made his announcement soon after the official word came from Stallman. "President Bob Stallman announced yesterday that he will not seek re-election as President of the American Farm Bureau. As we all know, Bob has done an outstanding job leading our organization and it has been an honor to work with him.

"After discussions with my family and encouragement from many of you, I have made the decision to seek the Presidency of the American Farm Bureau at our convention in January. I believe that my experiences and my leadership capabilities qualify me to lead the organization as our industry and our nation face challenging times. American agriculture needs the strong and unified voice of Farm Bureau. My diverse leadership experiences, both inside and outside Farm Bureau, have given me the unique qualifications to represent our nation's farmers and ranchers. "



Click here to read more from Don Villwock.  


In addition to the Indiana Farm Bureau President- three other state Presidents have signaled their intention to run for the top job of AFBF. Current AFBF Vice President Barry Bushue of Oregon, Georgia Farm Bureau President  Zippy Duvall, and Arizona Farm Bureau President Kevin Rogers also told fellow state Presidents that they will seek the Presidency this coming January at the AFBF meeting in Orlando. 


Based on membership stats- at first glance- I would give an early advantage to Duvall from Georgia.  However, the current Vice President, Barry Bushue, may be seen by some in the organization as deserving of being promoted to the top job after serving for years as Stallman's number two.

CIC20Summer Cattle Industry Conference Underway as Industry Says Goodbye to CEO Forrest Roberts


More than 600 cattle producers are gathered for the Cattle Industry Summer Conference in Denver this week to help set direction for industry programs. The event includes meetings of the National Cattlemen's Beef Association, Cattlemen's Beef Board, American National CattleWomen and National Cattlemen's Foundation. Among the purposes of the yearly conference is to create a framework for checkoff and policy efforts on behalf of U.S. cattle producers for 2016. The conference kicked off Wednesday and will conclude with the board meetings on Saturday morning.


Cattle Industry officials are offering a freshening up of the Long Range Plan for the Cattle Industry- designed to guide beef industry groups from 2016- 2020.


During the Summer Conference, two separate sets of Committees will be meeting in Denver.  Checkoff committees and subcommittees representing Convenience, Freedom to Operate, Global Growth, Beef's Image, Market Research, Taste, Value and Nutrition and Health will begin this afternoon, and continue their discussions through Friday morning. At the same time, NCBA Policy committees, representing Agricultural and Food Policy; Tax and Credit; Cattle Health and Well-Being; Federal Lands; Cattle Marketing and International Trade; Property Rights and Environmental Management will be meeting.


In and around the sessions- this Summer Cattle Industry Gathering offers producers a chance to offer Forrest Roberts their best as he has announced his intention to vacate the CEO slot at the end of this month.  Plans are being worked on to search for his successor. In the meantime- long time NCBA staffer Kendall Frazier is serving as the interim Chief Executive Officer.


Our thanks to Midwest Farms Shows,  P & K Equipment, American Farmers & Ranchers, Oklahoma Cattlemen's Association, CROPLAN by WinfieldStillwater Milling Company, Pioneer Cellular, National Livestock Credit Corporation and  KIS Futures for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked here- just click on their name to jump to their website- check their sites out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis- FREE!


We also invite you to check out our website at the link below to check out an archive of these daily emails, audio reports and top farm news story links from around the globe.

Click here to check out WWW.OklahomaFarmReport.Com 



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