From: Ron Hays [] on behalf of Ron Hays []
Sent: Wednesday, August 12, 2015 5:47 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:  
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 $5.63 per bushel- based on delivery to the Burlington 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
   Wednesday, August 12, 2015
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
Featured Story:
USDAMeetingUSDA to Host Conference in Owasso, Oklahoma Supporting Small Businesses in Rural Areas 

The United States Department of Agriculture (USDA), Office of Small and Disadvantaged Business Utilization will host a conference on Thursday, Aug. 13th in Owasso, Oklahoma. This event will provide small business owners located in rural areas with opportunities to learn how to grow and support their businesses by partnering with USDA, and other Federal Agencies. The meeting supports Secretary Vilsack's implementation of President Obama's agenda to put Americans back to work and create an economy built to last.

Conference attendees will have an opportunity to participate in a full day of workshops and panel discussions led by program and small business procurement officials from USDA, and other Federal agencies. Topics include acquisition needs and opportunities, procurement methods, business development resources and more. In a continuing effort to increase small business contracting participation, USDA will dedicate a workshop to enhance the competitive posture of small businesses and small farmer-owned cooperatives in rural America.

The event will be held Thursday, August 13, 2015 from 8:30 a.m. to 4:00 p.m. at the Tulsa Technology Center, Owasso Campus, 10800 North 140th East Avenue, Owasso, Oklahoma 74055.

There is no conference fee. Pre-registration is preferred. For further information, click here.

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. 

AgriWomenAgri-Women Helping Launch New, No-Cost, Customized Approach to Farm Transition Planning

Ag Transition Partners, a group of educators and agricultural consultants, is launching a new, no-cost farm transition planning project that includes webinars, on-site or virtual coaching and action plan templates. The project's multi-layer approach sets it apart from other planning processes, better helping farm families ensure the legacy of their operations.

American Agri-Women, the nation's largest coalition of farm, ranch and agri-business women, is supporting the project, along with Michigan and Minnesota Agri-Women and Wisconsin Women for Agriculture. This project is free for participating farm families and is made possible through a grant from North Central Extension Risk Management Education Center (NCERMEC) and the USDA National Institute of Food and Agriculture.

According to some studies, an estimated 70% of farms and farmland will transition ownership in the next 20 years and fewer than 50% of farmers have estate plans; less than 70% have named successors; and less than 11% have farm business transition plans in place. The consequences of a failure to plan can be severe.

Farmers can learn more about the process by signing up for a webinar, which will be held at noon Central time on August 18: Click here for details on how to register for this webinar.

JimRobbJim Robb Says Calf and Yearling Prices to Remain Strong, But Lower Than 2014

Slaughter cattle prices have likely reached the bottom. That's according to Livestock Marketing Information Center (LMIC) Director Jim Robb. In speaking at the Southern Plains Beef Symposium in Ardmore on Saturday, he also shared the industry is near the bottom of the market for calf and yearling prices. With increasing cattle supplies and corn prices higher than last year, Robb said he is looking for softer calf and yearling prices for the rest of the year.

"We're not going to make the very strong calf and yearling markets that we did in the fourth quarter of 2014," Robb said. "We're going to have the second highest calf market ever, but it's certainly a softer market on a year-to-year basis. Fed cattle prices will be down year-to-year in the second half, still seasonally stronger."

While fed cattle, calf and yearling prices have been fairly volatile, Robb looks for it good year for cow-calf producers and a decent year for stockers, but it won't be a great year like 2014. Overall, he said herd rebuilding has been fairly modest and domestic consumer demand remains good. In looking at the outlook, he forecast more of an erosion of calf and yearling prices over the next several years, rather than a collapse. He said it's going to take an outside market shock to slow the erosion of prices.

I caught up with Jim Robb at the Southern Plains Beef Symposium held Saturday in Ardmore, Oklahoma  Click or tap here to listen to this Beef Buzz feature.

We also have our complete conversation with Jim posted as a Ag Perspectives Podcast- you can listen by clicking here.

DroughtPlanningPlanning for Drought in Rain Promotes Future Success

The Noble Foundation's Hugh Aljoe says that a concept that has stuck with him since his college days came from a range management professor at Texas A&M- Dr. Wayne Hamilton. "The time to plan for a drought is when it's raining, and the time to plan for rain is during a drought." I can truly appreciate these words of wisdom more today than ever in my career having the recent experiences of both drought (in 2011 and 2012) and surplus rain (flooding) in the spring of 2015. This leads to the questions of "Are we still in a drought or long-term dry spell?" and "Should we be planning for drought or rain?" The short answers to those questions are "Yes," and "Both - drought long-term and good moisture conditions short-term."

"If you as a producer living in the Southern Great Plains take any stock into the climate and weather predictions, you are aware of the El Nino/La Nina phenomenon and its effect on our region. We are currently experiencing an El Nino effect, which means our region typically receives above-average rainfall. Many producers in Oklahoma and Texas received their expected yearly rainfall in two months (May and June) this year. It has been a very moist first half of the year, providing much needed recovery of deep soil moisture and pond/lake water. However, due to the excessive rainfall amounts, many producers were not able to benefit in forage production. Although there was abundant rain in the spring, it did not equate to surplus forage. The good news is El Nino conditions are projected to remain with us through the remainder of the year. There is still a lot of the growing season left to provide recovery from the drought years and build reserves headed into the fall and winter.

Aljoe has more on how to make the most of current weather conditions that may allow pasture recovery- click here to read all of his comments on this subject.

HerringHerring to Receive Feeding Quality Forum Honors in August - Updated with Feature Video

James Herring has witnessed much during 45 years in the cattle business, but he's been much more than an observer.  His leadership roles, foresight and determination to create relationships that benefit all stakeholders-from rancher to consumer-make him a standout among his peers.  That's why Herring is being honored with the Feeding Quality Forum (FQF) 2015 Industry Achievement Award.

"He's given a lot of his time to really make sure the industry is moving in the direction it needs to be," says Larry Corah, with the Certified Angus Beef ® (CAB®) brand, noting terms as president of the Texas Cattle Feeders Association and of CattleFax.

"James is probably one of the most innovative people in the industry when it comes to looking at economic impacts and cattle feeding in different ways," Corah says, "like labor cost per head, for example."

The award will be presented during the luncheon portion of the Forum, Aug. 18 in Omaha, Neb., and Aug. 20 in Garden City, Kan.  Click here to read more about James Herring's contributions to the cattle feeding business, including a video featuring Herring's view on why the cattle business has shifted from commodity to quality.

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.


SelkTipsThirteen States Ask for Injunction to Prevent Implementation of WOTUS August 28th

A whole host of states have filed lawsuits against the EPA and the Army Corps of Engineers over the Clean Water Rule that is best known as the WOTUS rule- the Waters of the US proposal that many in the ag community consider to be a massive land grab that goes far beyond the Clean Water Law that has passed by Congress in the 1970s.

EPA has asked for all of the lawsuits to be lumped into one massive court case and considered by one district court- that has been granted with lawsuits saying both the EPA has gone too far with WOTUS and lawsuits saying it has not gone far enough to be looked at by the Federal District Court based in Cincinnati.  

However, the Attorney General for North Dakota, Wayne Stenehjem, is asking the Federal Courts to rethink that move-as he says that the various lawsuits have separate arguments and deserve their own consideration.

At the same time- led by North Dakota, the attorneys general for eight states filed a motion on Monday for a preliminary injunction in U.S. District Court for District of North Dakota. They argued that if the CWR takes effect as planned on Aug. 28, the revised definition of what constitutes Waters of the United States (WOTUS) "will irreparably harm the states' sovereign interests and their state budgets during the pendency of this litigation."

A total of thirteen states are involved in this case- including our neighboring states of Arkansas, Missouri and New Mexico. 

Meanwhile- Oklahoma Senator Jim Inhofe is also bringing some Congressional indignation to the party- writing the top dog at the Army Corps about the Memos that were circulated within the Army Corps over WOTUS and the concerns that the political agenda at the EPA overwhelmed any science based concerns raised by their federal agency partner in this mess.  

Click here for the letter sent by Senator Inhofe to Jo Ellen Darcy who heads up the Army Corps of Engineers.

This N That - USDA Report Day and Big Iron Wednesday

Later this morning- USDA offers several reports for the grain trade to chew on- releasing its August round of Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports at 11 a.m. CDT.

Darin Newsom with DTN starts with corn as he writes of the upcoming data- "pre-report estimates for 2015 corn production came in at an average of 13.318 billion bushels, down from the July estimate of 13.530 bb and well below May's "initial" projection of 13.630 bb. National average yield is expected to be trimmed from July's 166.8 bushels per acre to 164.4 bpa. If realized, this would be 1.4% below USDA's trendline calculation of 166.8 bpa, in line with the average lag of 1.6% the year following a record yield."

Meanwhile- Newsom believes that the grain trade and USDA may not see eye to eye on soybean data- "The most interesting numbers in soybeans may have nothing to do with 2015 production. Pre-report estimates for old-crop ending stocks came in at 247 mb, down from USDA's July figure of 255 mb, but still well above DTN's projection of 165 mb following the June 30 Quarterly Stocks report. Given the strengthening inverse in the August-to-November futures spread, as merchandisers search for supplies to meet demand at a point in the marketing year when leftover cash bushels tend to make their way to terminal, the market is implying a far tighter old-crop supply-and-demand situation than USDA will acknowledge in its August report. Keep in mind it wasn't until the Sept. 30, 2104, release of quarterly stocks numbers that USDA took 2013-2014 down to a more reasonable (according to spread activity) 92 mb."

Click here to read his full pre report commentary.


It's Wednesday- and that means the Big Iron folks will be busy closing out this week's auction items - all 494 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.  

Our thanks to Midwest Farms Shows , P & K EquipmentAmerican Farmers & Ranchers, KIS Futures, CROPLAN by WinfieldStillwater Milling Company, Pioneer Cellular, National Livestock Credit Corporation and the Oklahoma Cattlemen's Association 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.  


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