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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
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
$4.99 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:
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.
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Oklahoma's
Latest Farm and Ranch News
Presented
by
Your
Update from Ron Hays of RON
Friday, September 18,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
Deadline
of October 1 Set for Comments on Oklahoma
Pollinator Plan
A
deadline of Oct. 1, 2015 has been set for public
comments on the proposed pollinator plan,
according to Kenny Naylor,
Director of Consumer Protection Services for the
Oklahoma Department of Agriculture, Food
and Forestry (ODAFF). Before
that deadline, the fourth and final regional
public hearing will be held in Hugo to gain input
on the proposed pollinator plan. The public
hearing is scheduled for 1 p.m., Sept. 23 at the
Kiamichi Technology Center, North Seminar Room,
107 S. 15th St., Hugo.
About 80 people gathered for a public
hearing held Aug. 11 at Langston University's
campus in Oklahoma City. That was followed by the
regional meetings. The first three were: Aug. 26
in Enid, Sept. 2 in
Lawton and Sept. 9 in
Tulsa. Pollinators are
essential to agriculture in Oklahoma. They are
responsible for the success of many of the state's
crops like canola, sesame and watermelons. Native
pollinators are also necessary for many native
plants like redbud, Oklahoma's state tree, and
Chickasaw plum. The Oklahoma
Managed Pollinator Protection Plan
(OKMP3) is being developed in response to a
growing need for a balanced public policy that
mitigates risk to pollinator species, while
minimizing the impact of that mitigation on
production agriculture, according to ODAFF.
Oklahoma's MP3 is a multifaceted plan
involving multiple stakeholders. A
draft pollinator plan is posted on ODAFF's website
at www.ag.ok.gov. Comments
can be submitted to Naylor at kenny.naylor@ag.ok.gov
. A group will be formed with
stakeholders to address changes to the
plan. |
Sponsor
Spotlight
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are delighted to have a new partner in helping
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Livestock Commission Company. They also own
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independently. To learn more about how these folks
can help you succeed in the cattle business,
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We
are happy 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.
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Score
a Touchdown with Dairy This
Fall
Tailgating
offers a wonderful time to get together with
friends and family, eat great food, but don't
forget the milk. Dairy MAX is
encouraging consumers to include milk and dairy
products in their tailgate by offering cheese,
yogurt and milk at your team events this fall.
Dairy MAX spokesperson Susan
Allen encourages consumers to bring on
the milk. Susan will be my guest tomorrow
morning for our regular Saturday morning
In the Field TV segment as seen on KWTV
News9- at about 6:40 AM. "You know our
future hall of famers, our kids and even us, we
don't get the three servings that we need every
day, so don't forget to pack a cooler full of
milk," Allen said. Milk has become more
widely available with convenient, single serving
milk products and Allen said some products are
even shelf stable, so parents don't have to worry
about the drink becoming warm. If you have kids,
she recommends creating a do-it-yourself
tailgate-able. Inside a box, she
includes all the different food groups with
cheese, grapes or strawberries, carrots, pretzels
and milk. The American Academy of Pediatrics only
recommends only two drinks for kids, Allen said
this includes milk at meals and water in between.
She said other drinks can pack on calories, but no
nutrients, so make sure you nourish your kids with
milk. Dairy MAX recently launched a new
website, called " DairyDiscoveryZone.com" to
connect with consumers. The site offers a wide
variety of recipes, like a dairy farm family
favorite "Slow-Cooker Chili". She said adding
cheese, sour cream or even Greek yogurt is a great
way to add calcium and other nutrients and it will
fuel you throughout the game. She recommends kids
and adults checkout the Dairy Discovery Zone
website for valuable information. Click here hear our
conversation with Susan and learn more about Dairy
promotion with Dairy MAX.
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Cattle
Prices Take a Tumble- Resulting in Breath Taking
Losses for Feedlots- Don Close
Explains
Cattle
prices have fallen dramatically in 2015- and all
segments of the business have suffered in the
downturn. Protein Analyst for Rabobank,
Don Close, calls the current
market "radically oversold" as he discussed the
situation with us at the Kenneth and Caroline Eng
McDonald Foundation Beef Symposium that is
underway this week in downtown Oklahoma City.
Close was the opening speaker for the
two day meeting- and he spoke to the group about
how the US Beef Cow herd is being rebuilt- but
will look different in the years ahead as a
sizable number of cows will no longer be out on
pasture 365 days a year. In
talking with me after his presentation- Close
acknowledges that he and many of his fellow cattle
market watchers have been caught by surprise as
the industry has experienced the steep slide in
cattle prices. Feedlot cattle, yearlings and
calves have all been impacted. The Texas
Cattle Feeders Association indicate in their
market reports from the beginning of 2015 that
slaughter cattle prices in the southern plains
were flirting with the $170 per hundredweight
level- as of mid September- they report slaughter
steer and heifer sales at $143. Yearling
prices- basis the Oklahoma National Stockyards-
were quoted in a range of $225 to $236 per hundred
for seven to eight hundred pounders- this compared
to the sale on Monday of this week when those same
weights were bringing $194 to
$212. Calf prices have dropped even
more- the June first Oklahoma National Stockyard
price for five to six hundred pound Medium and
Large Frame 1 Steer Calves ranged from $255 to
$291- this week they were quoted by USDA from $213
to $239- forty two to fifty two dollars per
hundred lower. From the top of the
cattle market annually- there is often a ten to
fifteen percent fallback in prices- but Close
calls the more than twenty percent crash this year
a "radically oversold" situation. He admits
that he is not certain that the market fall is
done- but he believes that history suggests that a
price rebound could be coming between now and the
end of the calendar year. Click here to read more
and to listen to my Q&A with Don on the
journey downward for cattle prices- where bottom
is and what may lie ahead.
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K-State
Study Says Industry Needs to Prioritize Efforts to
Grow U.S. Beef Demand
A
new study will help the beef industry prioritize
its efforts to boost beef demand. Kansas
State University Livestock Market
Economist Glynn Tonsor and Center
for Risk Management Director Ted
Schroeder came up with five bottom-line
opportunities and priorities for the cattle
industry. The first step is understanding demand.
Tonsor said in order to improve something, you
must first measure it. In this discussion, he said
you have to understand what demand is, before you
can make investments to improve it. This also
means understanding per capita consumption is not
the same things as demand, which is knowledge gap
for the industry. "So, hence our
priority would be get that in front of producers
and get them to take it up and understand it and
appreciate it, more than they do today," Tonsor
said. "And stated bluntly, if you don't know what
demand is, it's going to be hard to make the right
decision about what to
prioritize." Number two of beef demand
priorities, Tonsor said it's important the beef
industry analyzes international beef demand
prospects. This includes identifying countries and
regions that can pay for U.S. beef. Tonsor and
Schroeder are among many economists that think the
global economic environment is going to positive
outside the U.S. and global protein demand is
going to grow. The United States is positioned to
be one of multiple suppliers of beef, but Tonsor
said it's unclear which countries or regions are
going to grow the fastest or are more likely to be
positioned to value and pay for U.S.
beef. This audio was provided by Kansas
State University, as Tonsor was interviewed by
Eric Atkinson of Agriculture Today. Click or tap here
to listen to today's Beef Buzz.
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Wheat
Prices Break Short-Run Down Trend, Anderson Offers
Analysis
Wheat
prices finally rebounded a little bit with prices
going up 30 cents. On this weekend's edition of
SUNUP, Oklahoma State University
Grain Marketing Specialist Kim
Anderson said it's hard to tell if wheat
has hit bottom, but the market has broken the
short-run down trend that was established last
July, when the Kansas City wheat contract price
dropped to $4.66. Anderson predicts the Kansas
City wheat price will establish a sideways trading
pattern. "Now, one problem is that we
haven't broken the long-run down trend that was
established in December of 2010," Anderson said.
"To break that, we probably got to get KC prices
up above $5 and maybe up closer to
$5.50." The strong U.S. dollar is
impacting farmers and their local cash grain
prices. In following the trade weighted index by
the Board of Governors of the Federal Reserve
System, Anderson said it has the index 18 percent
above the eight year and ten year average. If you
look at export prices, he said this increases the
price for exports by a dollar or lowers the price
to farmers by a dollar. Without this index, he
said current wheat prices should be in the $5.50 -
$5.75 range, rather than $4.50 -
$4.75. In watching the Kansas City
wheat December contract, Anderson said the bottom
is at $4.66, as that is the lowest price on the
nearby contract since 2007. The price will
challenge $5 on the topside and $4.60 on the
bottom. If wheat prices can break through $5.20,
he said there is chance it could be closer to
breaking that long-term down trend and farmers
could see some slightly higher prices. Click here to read
more about Kim's recommendations in marketing 2015
crops.
|
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.
|
Beef
Budget Rolling Out for New Fiscal
Year
The
Cattlemen's Beef Board will
invest about $42 million into programs of beef
promotion, research, consumer information,
industry information, foreign marketing and
producer communications in fiscal year 2016, if
this week's recommendation of the Beef Promotion
Operating Committee is approved by USDA, following
review by the full Beef Board.
In
action concluding its Sept. 15-16 meeting in
Denver, the Operating Committee - including 10
members of the Beef Board and 10 members of the
Federation of State Beef Councils - approved
checkoff funding for a total of 11 "Authorization
Requests," or proposals for checkoff funding, in
the fiscal year beginning Oct. 1, 2015. The
committee also recommended full Beef Board
approval of a budget amendment to reflect the
split of funding between budget categories
affected by their
decisions.
"Tremendous efforts go into
making decisions about responsible investment of
producers' and importers' hard-earned dollars into
checkoff programs that produce results for its
investors," said Beef Board and Operating
Committee Chairman Jimmy Maxey, a
cattle producer from California.
The
Operating Committee approved proposals from seven
national beef organizations for funding through
the FY16 Cattlemen's Beef Board budget, click here for
details. |
Oklahoma
continues to have import restrictions in place
over concerns about Vesicular Stomatitis, even
though the state has not had a case this year. The
U.S. Department of Agriculture's
Animal Plant Health Inspection Service currently
has 90 affected premises under quarantine in seven
states, including Arizona, Colorado, Nebraska, New
Mexico, South Dakota, Utah, and Wyoming. Since
last week, 29 new Vesicular Stomatitis virus cases
were identified and quarantined.
State Veterinarian Dr. Rod
Hall offered an email update on Thursday-
details from the good doctor can be read and are
available
here.
**********
Most
cattlemen and women recognize their farms and
ranches in the definition of sustainability.
That's according to Oklahoma State
University Assistant Professor
Sara Place. "It's
producing safe, nutritious beef for human
consumption, but doing it with long-term business
viability, stewardship of natural resources and
responsibility to community, family and animals,"
Place said. "And so that's something that a lot of
producers probably can say, you know, that's what
I do already. And really what's encompassed within
that definition is economics, environmental issues
and social issues." Click here to read
more.
**********
Courtesy
of Don Nelson with Allendale-
here's his expectations for this afternoon's
Cattle on Feed Report from USDA- which will be
released at 2 PM central time.
"August Placements are expected to be 3.2%
larger than last year at 1.773 million head. This
is the third smallest August placement since the
current data-series started in 1996. USDA's cattle
feeding margin ended the month with a $236 per
head loss on outgoing cattle. This would be nine
months in a row of losses. Live cattle prices
ranged from $151 to $147 during the month. Corn
averaged $3.69 in Western Kansas in August ($4.12
in July, $3.97 in August 2014). August placements
supply the January through April slaughter
period.
"Allendale anticipates a Marketing total 6.4%
lower than August 2014. There was no calendar day
adjustment. Our 1.584 million head estimate is the
smallest August marketing since the current
data-series started in 1996. This is the eighth
month in a row of marketings at their respective
lows for modern times.
"Total Cattle on Feed as of September 1 is
3.5% larger than last year. That is an increase
from the August 1 total that was 2.6% over last
year."
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God Bless!
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phone: 405-473-6144
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