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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
Futures- click here for the report
posted yesterday afternoon around 3:30 PM.
Okla
Cash Grain:
Canola
Prices:
Cash price for canola was
$5.06 per bushel- based on delivery to the Hillsdale
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:
Feeder
Cattle Recap:
Slaughter
Cattle Recap:
TCFA
Feedlot Recap:
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Oklahoma's
Latest Farm and Ranch News
Presented
by
Your
Update from Ron Hays of RON
Tuesday, August 25,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
Cooler
Weather Slows Progress of Nation's Row
Crops
The
nation's row crops are showing some impacts of
stress and the cool weather has delayed progress.
The nation's corn and cotton crops fell in their
latest condition rating, while soybeans and
sorghum held steady. That's according to the
latest crop progress report released Monday by the
U.S. Department of
Agriculture.
In the top 18
corn producing states in the
nation, crop condition fell by one point. Overall
the crop gained one point in the excellent
category with 69 percent rated in good to
excellent condition, 21 percent fair and ten
percent poor to very poor. Corn dented came in at
39 percent, four points behind the five year
average of 43 percent.
The nation's
soybean crop condition held
steady for the second week in a row. In the top 18
soybean producing states in the nation, 63 percent
of the crop was in good to excellent condition, 26
percent fair and 11 percent poor to very poor. The
maturity of the crop was on track with the five
year average with 87 percent of the crop setting
pods.
The nation's
cotton crop lost two points over
last week. In the 15 main cotton producing states,
USDA reported 53 percent of the crop rated in good
to excellent condition. That's now only two points
higher than the 2014 crop this week. USDA reported
83 percent of the crop was setting bolls, behind
the five-year average of 92.
The
nation's sorghum crop condition
was mostly unchanged, as 68 percent of the crop
was rated in good to excellent condition. That's
nearly unchanged from last week and ten points
better than last year's crop this week. Maturity
was running three points ahead of the five year
average with 48 percent of the crop coloring.
Click here for the full
national crop progress report.
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Spotlight
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of its members and working with other groups to
make certain that the interests of rural Oklahoma
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We
are proud to have KIS Futures as
a regular sponsor of our daily email update. KIS
Futures provides Oklahoma farmers & ranchers
with futures & options hedging services in the
livestock and grain markets- click
here for the free market quote
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at 1-800-256-2555- and their iPhone App, which
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available at the App Store- click
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iPhone.
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Oklahoma's soybean
crop showed improvement this past week, while the
state's corn, sorghum and peanut crops held steady
in their condition ratings. The U.S.
Department of Agriculture Monday reported
the state's corn crop rated 64 percent good to
excellent condition, unchanged from last week.
Eighty percent of the corn reached the dough
stage, up one point from last year and down 13
points from average. Soybeans rated 56 percent
good to excellent, up one point from last week.
The state's cotton crop rated 76 percent good to
excellent, down one point from last week. Cotton
setting bolls reached 81 percent, down eight
points from last year and down one point from
average. Sorghum rated 79 percent good to
excellent, unchanged from last year. Sorghum
headed reached 87 percent, with coloring reaching
43 percent. The peanut crop rated 83 percent good
to excellent, unchanged from last week. Pasture
and range conditions rated 79 percent good to
fair. Click here for the full
Oklahoma
report.
Row crop harvest is well underway in
south Texas, as sorghum, corn and
cotton harvesting was taking place last week. USDA
reports 45 percent of the sorghum crop has been
harvested. That remains behind last year's 44 and
five-year average of 47. Corn harvest progressed
to 47 percent complete. That's ahead of last year
and in line with average. USDA reports 56 percent
of the state's corn crop was in good to excellent
condition. Cotton rated 43 percent good to
excellent, down three points from last week. The
cotton harvest has just begun with one percent of
the Texas cotton crop has now been harvested.
Pasture and range conditions fell another two
points with 33 percent in good to excellent
condition. Click here for the full
Texas report.
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OSU's
Dr. Carver Looks Back at 2015 Wheat Crop, Excited
About the Future Prospects
Mother
Nature threw all types of curve balls at the wheat
crop this year. The Southern Plains crop
experienced both drought conditions along with
flooding. In looking back at the 2015 crop,
Oklahoma State University Wheat
Genetics Chair Dr. Brett Carver
said he was very satisfied how the OSU developed
wheat varieties handled the conditions.
"We were really hurting for moisture
for most of the year and we've had a lot of
emphasis put on drought tolerance, you know, in
our breeding program, so the varieties we have are
fairly good on those conditions," Carver
said. However, no one was quite ready
for the monsoon rains that arrived in May. Carver
said it's been a long time since they were able to
see how the crop would handle heavy rain during
the finishing period. "Some of the
varieties didn't do as well as I thought they
would have, but then you know this is the first
good opportunity we've had since 2007 to look at
those kind of conditions," he said. The
other big curveball was the onset of bacterial
diseases, which played a big role in the outcome
of this year's crop. Carver said unfortunately
they don't address bacterial diseases
directly. Mother Nature also threw stripe rust
at the crop this year. Carver said he felt like
they were prepared for its arrival. He said the
strip rust pathogen looked similar to the 2012
pathogen, but was slightly different. Carver said
they were seeing injury on varieties that were not
badly affected in 2012. Overall, he felt most of
the OSU germplasm handed the 2015 stripe rust
well. I caught up with Dr. Carver at
the Oklahoma Wheat Review held last week at
Redlands Community College in El Reno. Click here to read
more or to listen to Brett talk with me about the
future of the OSU wheat breeding
program. |
Consumer
Reports Claiming Sustainably Raised Hamburger Beef
Less Likely to Carry
Superbugs
A
newly released Consumer Reports'
study suggests that conventionally raised U.S.
ground beef is twice as likely to contain
superbugs as sustainable beef. On the other hand,
a review of the ground beef study confirms that
pathogenic bacteria is rarely found in meat, the
North American Meat Institute
(NAMI) said. The bacteria identified in the
Consumer Reports testing are types that rarely
cause foodborne illness. Bacteria such as
Staphylococcus aureus, Enterococcus, and generic
E. coli are commonly found in the environment and
are not considered pathogenic
bacteria.
"The real headline here is
the bacteria that Consumer Reports doesn't report
finding in their testing -- Shiga toxin-producing
E. coli - and just one percent of samples with
Salmonella, a number far below USDA performance
standards, which are the foodborne bacteria of
greatest public health concern in beef," said
North American Meat Institute Vice President of
Scientific Affairs Betsy Booren,
Ph.D.
"Bacteria occur naturally on all
raw food products from beef to blueberries so
finding certain types on some foods in a grocery
store is not surprising and should not be
concerning. As an industry, our number one
priority is producing the safest meat and poultry
possible and this is done by focusing attention on
bacteria which are most likely to make people
sick, particularly Shiga toxin-producing E. coli
and Salmonella. It is telling that Consumer
Reports did not highlight finding these bacteria
on products they tested, which is a strong
indication of the overall safety of
beef."
Click here to read
more about Consumer Reports' claims about
antibiotic resistance and reaction from the
National Cattlemen's Beef Association.
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Peel
Responds to Retail Beef Prices, Cattle on Feed and
More USDA Data
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow/Calf Corner
newsletter.An assortment of new
data was released recently. Choice retail beef
prices for July decreased for the second month in
a row, dropping 4.1 cents per pound from June to
$636.5/cwt. Choice retail beef prices peaked in
May at $641.2/cwt. All-Fresh retail beef prices,
however, continued to increase, setting a new
record in July at $616.3/cwt., up 5.2 cents per
pound from June. The July spread between the
Choice and All-Fresh retail price at 20.2 cents
per pound is the narrowest since June of
2012. The July All-Fresh retail
price is 96.8 percent of the Choice retail price,
a new record percentage and compares to the five
year average of 93.1 percent. The percent Choice
grading of cattle is high resulting is a
relatively large supply of Choice to Select beef,
likely the cause of the narrow spread between
Choice and All-Fresh retail beef
prices. The August Cattle on
Feed report pegged July placements at 99
percent of the low level of one year ago. July
marketings were 97 percent of last year. Both
placements and marketings in July were at the
lowest July levels since 1995. Though the larger
feeder supply indicated by the July inventory
report will result in increased feedlot placements
in the coming months, the flow of cattle through
feedlots at the current time continues to be low.
This is reflected in year-to-date cattle
slaughter, down 7.0 percent compared to last year.
The August 1 cattle on-feed inventory was 102
percent of last year as a result of continued
slowdown of cattle in the feedlot, resulting in
increased slaughter and carcass weights. Average
cattle carcass weights are currently 13 pounds
heavier than this time last year and partially
offset reduced cattle slaughter resulting in
year-to-date total beef production down 4.7
percent from one year ago. Click here to read
more about the August Cold Storage and the U.S.
and Canadian Cattle report on cattle
inventories.
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Want
to Have the Latest Energy News Delivered to Your
Inbox Daily?
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winning broadcast journalist Jerry
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daily update of top Energy
News.
|
Bump
in U.S. Boxed Beef Sales, Imports Still Running
Thirty Percent Higher Than Last
Year
On a regular basis,
Ed Czerwein of the U.S.
Department of Agriculture Market News
Office in Amarillo, Texas offers a review of the
previous week's boxed beef trade. Here is the
weekly boxed beef trade for week ending August 22.
The daily spot Choice box beef cutout ended the
week last Friday at $244.90 which was 18 cents
higher compared to previous Friday but it had been
around two higher midweek. There were 683 loads
sold for the week in the daily box beef cutout
which was almost 11 percent of the total volume.
The comprehensive or weekly average
Choice cutout which includes all types of sales
including the daily spot cutout was $240.97 which
was $3.21 higher.
There were 6,369
total loads sold which was 523 loads higher than
the previous week. The formula sales were at 3,539
loads, which was 70 loads higher than last week
and was 56 percent of the total loads sold this
week.
Exports as reported on the boxed
beef report represent primarily muscle cuts and
they were at 695 loads, which was 236 loads
higher. Sales to our North American Free Trade
Agreement neighbors totaled 127 loads and 568
loads were shipped overseas.
Click here to read
more or to listen to Ed's comments about the
weekly boxed beef trade, include details on
outfront sales, primal cut prices and
imports.
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This
N That- Canola, Wheat and Oklahoma
Politics
OSU
Extension Canola Specialist Josh
Bushong is busy these days- he and his
partner in crime Heath Sanders
are putting the miles on their pickups as they hit
three states for a series of Canola Drill and
Plant Calibration Clinics that start today- and
run into early September- The Schedule
includes: Caldwell, Kansas this morning-
starting at 9:00 AM St. John, Kansas on
Thursday, August 27th El Reno, Ok at the
Canadian Co Fairgrounds on September 2nd Nash,
Ok at the Nash Farmers Coop, September
3rd(morning) Guthrie, Ok at the Logan County
Fairgrounds, September 3rd (afternoon)
Chillicothe, Tx at the TAMU Research Center,
September 8th Details on these sessions are
available
here.********** It was great to
visit with long time friend and wheat producer
Joe Shirley on the phone for a
few minutes yesterday- Joe and Ann have farmed in
the Alva area since the 1970s and have sold wheat
seed for most of those years. Joe tells me
that they have focused on four varieties this
year- and have a good quantity of high quality
Iba, Gallagher, Ruby Lee and Duster ready to be
planted this fall. Joe will be glad to hear
from you and meet your seed wheat needs as the
planting window draws near- his number is
580-327-2070. His website to learn more is available here.
********** We got a note
yesterday from the current VP for External Affairs
for the OSU Division of Agriculture, Gary
Sherrer, that he is thinking about
jumping back into politics. He confirmed
for us that he is seriously considering a race for
the District 21 State Senate seat. The Senate seat
is currently held by former OSU President
Jim Halligan. Senator Halligan
announced earlier this month he would not seek
another term in the State Senate. Gary is
one of the most positive folks I have ever known-
and I always carry some of those positive vibes
away whenever we cross paths. He is a former state
House member, has served as a Cabinet Secretary
for three different state agencies and has done a
great job in being a key Liaison between the OSU
Division of Ag and State lawmakers.
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