 |
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
$5.04 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:
| |
Oklahoma's
Latest Farm and Ranch News
Presented
by
Your
Update from Ron Hays of RON
September 1,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured
Story:
Across
the US- Landlords Collected $31 Billion in Rent
Payments on Farm and Ranch Land in
2014
On
Monday, the USDA's Economic Research
Service released the 2014 Tenure,
Ownership, and Transition of Agricultural Land
(TOTAL) Survey. The TOTAL Survey is a
comprehensive study of all landlord owners of
agricultural land, including non-farm operators of
agricultural land. Survey data that has been
tabulated includes information about farmers and
ranchers who rent agricultural land to other
farmers and ranchers, as well as landowners who
rent out land for agricultural purposes but do not
farm. The survey collected income, expense, debt,
and asset information related to land ownership,
transition plans, and demographic and other
landlord characteristics. According to
USDA, there are 2.1 million landowners who rented
out 353.8 million acres in 2014. Almost forty
percent of all farmland that is farmed in the US
is leased or rented. In 2014,
landlords received $31.2 billion in rent
payments. Illinois leads the US in the dollar
total of rents for farmland at $3.8
billion. In Oklahoma- there were 52,784
landlord entities who rented out agricultural land
in 2014- a total of 13.9 million acres of farm or
ranchland was leased or rented in Oklahoma over
this past calendar year. USDA says that the total
rents received in Oklahoma totaled $439.4 million
dollars. You can read more by clicking here- in our
web story, we have links to the Oklahoma summary
as well as a national overview of this Census of
Ag product.
|
Sponsor
Spotlight
The presenting sponsor of our daily
email is the Oklahoma Farm Bureau
- a grassroots organization that has for its
Mission Statement- Improving the Lives of Rural
Oklahomans." Farm Bureau, as the state's
largest general farm organization, is active at
the State Capitol fighting for the best interests
of its members and working with other groups to
make certain that the interests of rural Oklahoma
are protected. Click here for their
website to learn more about the organization and
how it can benefit you to be a part of Farm
Bureau.
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 page they provide us for our
website or call them at 1-800-256-2555- and their
iPhone App, which provides all electronic futures
quotes is available at the App Store- click here for
the KIS Futures App for your
iPhone.
|
Outside
macroeconomic forces have been pounding the oil
market, the equities, and agricultural futures,
and feeder and stocker cattle markets have gone
along for the ride these last two weeks.
Oklahoma State University
Extension Livestock Marketing Specialist
Derrell Peel said for the
immediate future, cow-calf producers should not
panic. "We've had a heck of ride to
getting up here, the party's not over," Peel said.
"The party is changing a little bit and we have to
be prepared over time, but for this year, this
fall, even these current setbacks notwithstanding,
I think we're going to see very strong prices.
We're going to see the second highest cow-calf
returns that we've ever seen. They won't beat last
year's level." As we near wheat pasture
season here in the southern plains, Peel
says the math for buying calves at these lower
prices looks pretty good. The big unknown, is
where prices are headed. Peel said it's
a good time to buy now for anyone who can take
those calves now and manage them now- until wheat
pasture comes on in a few weeks. Peel thinks the
price of calves will return higher later on this
fall. Click or tap here to
listen to this Beef Buzz feature.
|
Crop
Maturity Slows with Cooler Weather but Warmer
Forecast Could Impact Crop
The
nation's crop conditions held nearly steady this
past week, while crop maturity was slowed by cool
weather across the Corn Belt. That's according to
the latest crop progress report released Monday by
the U.S. Department of
Agriculture. With higher temperatures
forecast this week, progress will likely make
faster gains by the next report.
In the
top 18 corn producing states in
the nation, crop condition fell by one point.
Overall the crop rated, 68 percent in good to
excellent condition, 22 percent fair and ten
percent poor to very poor. With 92 percent of corn
acres in the doughing stage, 60 percent denting
and nine percent mature.
The
nation's soybean crop condition
gained one point in the excellent category. 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. With 93 percent of the crop setting
pods and nine percent dropping leaves.
The nation's cotton
crop rating was a mixed bag in gaining one point
in the good category and two points in the very
poor category since last week. In the 15 main
cotton producing states, USDA reported 54 percent
of the crop rated in good to excellent condition,
35 percent fair and 11 percent poor to very poor.
USDA reported 94 percent of the crop was setting
bolls and 22 percent of the crop had cotton bolls
opening, behind the five year average of 27.
The nation's sorghum
crop condition steady with last week's rating with
68 percent of the crop was rated in good to
excellent condition, 25 percent fair and seven
percent poor to very poor. With 95 percent of the
crop headed, 58 percent of the crop coloring and
29 percent of the crop mature.
Click here for the
full national crop progress report.
|
Southern
Plains Crops Holding Their
Condition
Most Oklahoma crops
held steady with last week, despite the month
ending up slightly drier for much of state. The
U.S. Department of Agriculture
Monday reported the state's corn crop rated 64
percent good to excellent condition, unchanged
from last week. With 85 percent in the
dough stage, down 12 points from
average. Soybeans rated 56 percent
good to excellent, steady with last week. The
state's cotton crop rated 67 percent good to
excellent, down substantially from last week.
Cotton bolls opening reached 12
percent. Sorghum
rated 79 percent good to excellent,
unchanged over last week's rating.
Sorghum mature reached 16
percent, on target with
average. Click here for
the full Oklahoma report.
Warm, dry weather
aided corn and sorghum harvest in
Texas. USDA reports 49 percent of
the sorghum crop has been harvested. That remains
behind last year's 64 and five-year average of 57.
Corn harvest progressed to 50 percent complete.
That's slightly behind last year and average. USDA
reports 56 percent of the state's corn crop was in
good to excellent condition. The state's soybean
crop rated 37 percent in good to excellent
condition. Cotton rated 45 percent good to
excellent, up two points from last week. Cotton
harvest has started with three percent of the crop
baled. Pasture and range conditions rated 31
percent in good to excellent condition.
Click here for
the full Texas report.
Cool
conditions help Kansas crops hold
on. In the latest crop progress report, the Kansas
corn crop rated 57 percent good to excellent, down
one point from last week. Dough was at 94 percent,
while dented was at 67 percent. The state's
soybean crop rated 57 percent good to excellent,
up two points from last week. Blooming was at 95
percent, setting pods was at 81 percent and
dropping leaves was at six percent. Sorghum rated
69 percent good to excellent, up one point from
last week. Sorghum headed was at 95 percent,
coloring was at 47 percent and two percent mature.
Cotton rated 63 percent good to excellent,
unchanged from last week. Squaring was at 94
percent, setting bolls at 79 percent and bolls
opening was at nine percent. Pasture and range
conditions rated 60 percent good to
excellent. Click here for
the full Kansas report.
|
USDA
Plans "Refresh" of Nation's Largest Conservation
Program
The
U.S. Department of Agriculture's Natural
Resources Conservation Service is
planning a major "refresh" of the Conservation
Stewardship Program (CSP) for 2016. The Izaak
Walton League sees an opportunity to make this
program work better for farmers, conservation, and
the American people. The Conservation
Stewardship Program helps farmers maintain and
improve conservation practices on their farms.
From 2009 to 2014, the program helped put
conservation practices on almost 70 million acres
of agricultural land, making it the largest
conservation program in the country. With a few
changes, however, this program could better
benefit farmers and conservation alike.
-- Put environmental benefits first.
This seems like a no-brainer, but environmental
benefits aren't always at the forefront when
producers are competing for CSP
contracts. -- Remember that
soil health matters. CSP has a lot of potential to
improve soil quality. NRCS should help the program
realize that potential by using higher payments to
encourage soil-enhancing practices.
-- Don't forget about small farms! CSP
provides conservation payments by the acre, so
small farms are at a disadvantage. Raising the
minimum contract payment will help ensure farms of
all sizes can participate in
CSP. Click here to read
more about the changes made to CSP.
|
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.
|
Oklahoma
Farm Bureau and Milk Producers Calling on EPA to
Hold Off Implementation of
WOTUS
Several
agricultural organizations are upset over how the
Environmental Protection Agency
is ignoring the Courts and Congress.
Oklahoma Farm Bureau President
Tom Buchanan of Altus responded to the ruling
by a federal judge in North Dakota that blocked
the implementation of the EPA's Waters of the U.S.
rule, which went to effect August 28.
"As
federal courts wrangle with the EPA over which
states should be included in the Waters of the
U.S. rules, it's becoming more obvious the EPA is
a federal agency that feels responsibility to no
one," Buchanan said. Click here to read
more from Oklahoma Farm Bureau.
The
National Milk Producers
Federation urged the Obama Administration
to hold off on the national enforcement of the new
Waters of the U.S. (WOTUS) regulation, in response
to a court decision last week suspending the
regulation in some states, but not
others. "The EPA implementation
schedule for the Clean Water Rule now treats dairy
farmers differently nationwide, and clearly falls
short of the EPA's goals of 'greater clarity,
consistency, and predictability when making
jurisdictional determinations,'" NMPF President
and CEO Jim Mulhern said in the
letter. "Therefore, we ask that EPA and the Corp
of Engineers use their enforcement discretion and
cease application of the recent WOTUS rule in all
50 states, until such time as it can be evenly
applied in every state." In light of
the potential for confusion and inconsistent
application of the regulation following the
court's ruling, NMPF said in a letter sent Monday
to the EPA and the Army that the government should
suspend enforcement of the WOTUS nationwide.
Click here to read
more from NMPF.
|
This
N That- September Rainfall Prospects, Peel
Offers Forage Outlook and OSU Animal Well Being
Spot is Vacant
September
has arrived- and our TV colleague Jed
Castles has been coloring maps again- and
offers a national perspective on rainfall outlook
for the next thirty days. Much of Kansas, the
Oklahoma Panhandle and a bit of the Texas
Panhandle have been colored above normal regarding
precipitation prospects- the rest of Oklahoma,
southeastern Kansas and a lot of Texas are in the
"normal" camp.
Here's his artwork- and you
might notice his notation at the bottom- October
looking near to above normal moisture wise as
well.
***********
Mondays,
Dr. Derrell Peel, Oklahoma State
University Extension Livestock Marketing
Specialist, offers his economic analysis of the
beef cattle industry- both the livestock sector as
well as the wholesale and retail beef trade. This
analysis is a part of the weekly series known as
the "Cow Calf Corner" published electronically by
Dr. Peel and Dr. Glenn Selk. In this
week's analysis- Dr. Peel looks at forage supplies
and
prospects:My
travels recently have taken me across quite a bit
of Oklahoma and the surrounding region and left me
with several impressions. The most prominent
impression is that it is remarkably green in
Oklahoma for late August. "In general,
forage and summer crop conditions look quite good
across the state. Cows look to be in good
condition with abundant forage this summer. Good
pasture conditions is likely extending the grazing
season for some summer stockers and may result in
fall yearling sales a bit later than usual and at
heavier weights." Click here to read
more From Dr. Peel on our forage status- both in
terms of standing forage and baled hay.
************
The
animal well being guru in the OSU Animal Science
Department has moved on- Dr. Michelle
Calvo- Lorenzo made a career move this
summer- leaving Stillwater and OSU- heading to
Fayetteville- joining Elanco Animal Health.
Michelle is serving as an animal well -being
technical consultant in Elanco's Beef Business
Unit.
She moved from the west coast to
Stillwater three years ago- and did great work for
the livestock industry in our state- I keep up
with her on LinkedIn and she sums up her passion
for the well- being of livestock very well in her
profile on this social media platform.
If
you make the rounds of beef cattle industry
meetings- I suspect you will see her name pop up
more than once on agendas when they are focusing
on animal welfare issues.
|
|
Our thanks
to Midwest Farms Shows ,
P & K Equipment, American Farmers &
Ranchers,
KIS
Futures, CROPLAN by
Winfield, Stillwater 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.
Click here to check out
WWW.OklahomaFarmReport.Com
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
| | |