From: Ron Hays [] on behalf of Ron Hays []
Sent: Friday, September 11, 2015 5:33 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 Tom Leffler of Leffler Commodities 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 $4.92 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.

Oklahoma's Latest Farm and Ranch News

Presented by

Okla Farm Bureau  

Your Update from Ron Hays of RON
   Friday, September 11, 2015
9-11, May We NEVER Forget.
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
Featured Story:
HodgesOklahoma Wheat Industry "Cautiously Optimistic" about Weather Outlook 

Every crop year for the past decade has been a challenge. While the average may not look too bad, Oklahoma's wheat farmers have had to deal with a lot of extremes. As farmers begin planting their hard red winter wheat crop, they have to wonder what Mother Nature will deal next. Oklahoma Genetics, Inc. Executive Director Mark Hodges remains cautiously optimistic about the 2016 crop. After several years of drought, moisture looks to return to the forecast with the likelihood of a strong El Nino, which would bring Oklahoma above average precipitation into the spring.

Oklahoma's farmers are starting to plant their wheat crop that will be harvested in 2016. Oklahoma has a unique opportunity, as a large number of producers will plant wheat for grazing, while others grow the crop strictly for grain production. In planting wheat for grazing, farmers plant the crop in September. In growing a crop for grain production only, the ideal planting time starts after October 15th. In planting a crop earlier, Hodges said the wheat crop will face additional pressure from disease and insects. With wild fluctuations in weather, he said farmers will have to increase their management by being more vigilant in scouting for diseases and being more diligent in applying fungicides in the spring.

As farmers head to their field, several Oklahoma State University developed varieties sold through Oklahoma Genetics Inc. have been in high demand. Hodges said the most popular are Gallagher, Iba, Ruby Lee and the two-gene Clearfield wheat Doublestop. He said this year they ran out of Doublestop and there is very little Gallagher left. 

Earlier this summer, OSU announced Bentley was the newest variety to be released. Hodges said there's nothing average about Bentley, as it has outstanding yield for a grain-only production system, it has outstanding production in grain plus grazing situation and it has outstanding milling and baking qualities. Bentley was developed for central Oklahoma and it has moderate resistance to acid soils. It has a late first hollow stem, which gives producers more time for grazing, but it has a medium heading date, so harvest can take place on time. Hodges said the only average characteristic is Bentley's test weight, but Bentley's yielding potential has more than made up for the lower test weight. Currently there are 8,000 bushels of Bentley seed, but Hodges said it will take some time to build up supplies before Bentley seed will be sold to the general public.  I interviewed Hodges about this fall's planting considerations and the state of Oklahoma Genetics, Inc.  Click or tap here to listen to the full interview.

We will be visiting more with Mark Hodges Saturday morning during our In the Field segment that will be seen on KWTV News9 in Oklahoma City- at about 6:40 AM as a part of their Saturday morning news block. 

Sponsor Spotlight
We are delighted to have the premiere livestock marketing organization in the US 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. They are also principal owners of OKC West Livestock in El Reno. 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.

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.  

FarmProgramPaymentsSequestration Almost Certain To Hit Farm Program Payments 

Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC), the new price support programs listed under the 2014 Farm Bill, will face sequestration cuts, like the direct payments they replaced unless Congress steps in. Oct. 1 is the day the first ARC and PLC payments are slated to go out on 2014 crops. 

USDA officials are acknowledging a 6.8 percent cut will be taken out of the payments. Several other mandatory spending programs are exempt from sequestration, including crop insurance, the Supplemental Nutrition Assistance Program, the Conservation Reserve Program and school nutrition assistance. 

Kansas State University Ag Economist Art Barnaby realized the sequester problem in recent days when an astute ag lender raised the question. Barnaby sent out a at the end of last week highlighting federal sequestration cuts and their impact on farm programs. Barnaby noted he had not seen any notification about sequestration cuts and the cuts were not detailed in the actual farm bill. 

Barnaby noted, "I read every page of the commodity title and crop insurance title in the Law. Probably about 200 pages; the full Law is printed on about 900 pages." He added, "This was never mentioned in any of the national training that Extension people like me attended. I don't think the trainers were aware of this cut."

Chris Clayton with DTN has an online story that quotes USDA Secretary Tom Vilsack on the subject- the Obama Administration's solution is for Congress to get rid of sequestration. You can read Vilsack's reaction to this revelation on sequestration hitting farm program payments when the calendar turns over to the new fiscal year on October first by clicking here. 

AndersonKim Anderson Finds the Bottom for Wheat Prices

If farmers still have grain in the bin, wheat prices look pretty grim. Wheat prices have been trending lower since July 2013 and prices have been on a steady decline since harvest. On this weekend's edition of SUNUP, Oklahoma State University Grain Marketing Specialist Kim Anderson said right now the September Kansas City wheat futures contract is around $4.77 with the Oklahoma cash price around $4.30 a bushel. In watching the September contract, he said it has support around $4.60 with strong support at $4.50 and resistance at $4.80. In looking at the long term trend of wheat prices, Anderson said the bottom is nearing.

"If you look at wheat prices on the KC contract over the last 15 years, there's a floor at about $4.30 on the futures contact," Anderson said. "I've got my bottom at $4.50, so we could pop the $4.50, go down and bounce off $4.30."

In looking at where wheat prices are headed, Anderson said a lot will depend on the Australian and Argentina wheat crops. In past years, he said wheat prices have moved sideways until a factor can move prices off the bottom. With three record world wheat crops in a row, global ending stocks also look to be record setting.

In exporting the wheat crop, Anderson said the U.S. will have to become more price competitive. Canada and Australia will need to continue to export wheat and once their supplies get lower, he said their wheat prices will increase. That will help the U.S. become more price competitive on the global market, plus there is the difference in quality. The U.S. has a good bread milling quality product, which is good for exports. Anderson said the quality of the crop and lower prices is helping the U.S. get some wheat sold right now, along with the relationships with wheat buyers around the world.

Click here to read or to listen to this full interview as Dr. Anderson.  You can also find the lineup for this weekend's edition of SUNUP.

SoyBuyersFarmers Meet with Hundreds of International Soy Buyers

More than 300 international soy buyers visited the "Land of 10,000 Lakes" recently to learn about some of U.S. soy's bestselling points. The third annual U.S. Soy Global Trade Exchange in Minneapolis drew representatives of major international companies in countries such as China, Korea, India and many others.

"As the world's population continues to grow, so does the preference for U.S. soybeans," says Bob Haselwood, soybean farmer from Kansas and United Soybean Board (USB) chairman. "This event gives U.S. soybean farmers and the U.S. soy industry a platform to prove that we are committed to providing our international customers with a sustainable, high-quality product. The importance of these relationships is immeasurable."

In the most recent marketing year, U.S. soybean farmers exported over 2 billion bushels of U.S. soy, valued at more than $30 billion. They've exported more than 1.8 million bushels of U.S. soybeans so far this marketing year, according to the U.S. Department of Agriculture.  Click here to read more about the U.S. Soy Global Trade Exchanges.

RCALFR-CALF USA Urges Updates to Price Reporting Act

R-CALF USA submitted a white paper to the Chairman and Ranking Member of the U.S. Senate Committee on Agriculture, Nutrition and Forestry (Committee) urging them to update the soon-to-expire Livestock Mandatory Reporting Act (Act).

Originally passed in 1999, the Act was a response to the increasing concentration in livestock markets that resulted in fewer and fewer animals being sold in the price discovery market, also known as the cash or spot market. Increased market concentration brought with it new livestock procurement methods that significantly reduced marketplace transparency. Using new procurement methods, the concentrated packers in the 1990s began shifting large volumes of livestock away from the more public cash market and into more private marketing agreements, making actual sale prices difficult to discern.

The limited pricing information flowing from the concentrated packers placed farmers and ranchers who wanted to sell their livestock at a distinct disadvantage: the packers knew what the fair market value of livestock was at any given time, but livestock sellers did not.

In its white paper, R-CALF USA explained that the cattle market had undergone considerable changes during the past five years that warranted updating the Act before its reauthorization.  Click here to read more.

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.


AngusProvenAngus and DNA Traceability Offers a Winning Combination

The Certified Angus Beef program is considered the "gold standard" when it comes to value-added beef programs in the U.S. When you add the Path Proven concept from the Performance Food Group, the nation's first DNA-based traceability program, you come up with a real winner. That's according to Performance Food Group Senior Director of Protein Dr. Brad Morgan. He said over half of their distribution facilities sell CAB.

"They want to have something that has the story associated with it, verified that they're black Angus cattle, that they are handled and fed in a feed yard in a certain manner," Morgan said. "That story now is going over to CAB in our distribution facilities."

This partnership between Performance Food Group and Certified Angus Beef, differentiates this beef product from the competition. The DNA-verified program isn't just for high end steak houses, it is also being done for restaurants that serve hamburgers.

The joint effort between Path Proven and Certified Angus Beef also creates opportunities overseas, as CAB has opened an office in Tokyo. Morgan said they will be able to compete against the Australians and Canadians because of the trace back program with Path Proven.  Click or tap here to read more or to listen to this featured interview with Dr. Brad Morgan.

DroughtDrought Widens in Southern Oklahoma- At Least for This Week

Some key areas that were the driest in southern sections of Oklahoma got some nice rains earlier this week. HOWEVER- most of that water fell after the 7am cutoff for consideration in the new Drought Monitor map. The changes from this rain will show up next week. Until then, this is what we have for the latest map.

Drought- either moderate or severe- is now found in 12.55% of the entire state- mainly in the ten counties that are the bottom two tiers of counties from I-35 east to the Arkansas line. 

If you add abnormally dry to the mix- you jump up to right at one fourth of Oklahoma now at this dryness.  

Some of the areas now in drought may not be by this time next week- based on the significant rainfall amounts since 7 AM this past Tuesday- but drought lingers- and that is always a worry.

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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