~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Tuesday November 11, 2008!A service of Johnston Enterprises, KIS Futures and American Farmers & Ranchers!
-- Latest Crop Weather Update Reflects Good harvest Progress This Past Week
-- After USDA Reports on Monday Morning- AFBF Economist Expects Corn, Soybean and Cotton Prices will Stay Low
-- A New Website Highlighting the Farm to School Program
-- This & That- Saxby, Sesame and Soy.
-- Even Willie Has Some Advice For Our President-In-Waiting
-- A Southern Oklahoma Canola Committment
-- A Quick Reminder on the Express Customer Appreciation Sales
-- Looking at our Agricultural Markets...
Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are proud to have American Farmers & Ranchers Mutual Insurance Company as a regular sponsor of our daily update- click here to go to their AFR web site to learn more about their efforts to serve rural America!
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Latest Crop Weather Update Reflects Good harvest Progress This Past Week
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma producers were able to make considerable progress in the harvesting of row crops last week. Both cotton and sorghum conditions remained mostly in the good to fair range. Virtually all of the corn had been harvested by week's end, up three points from the previous week but three points behind last year and the five-year average. Nearly all of the sorghum in the State had reached maturity, a 20 point increase from the previous week and two points ahead of the five-year average. Just under half of the State's sorghum had been harvested, 17 points behind normal. Soybeans mature increased six points from the previous week to reach 93 percent, equal to the five-year average. Soybeans harvested were up 13 points from the previous week to reach 65 percent complete, six points behind normal. Nearly all of the State's peanuts were dug by week's end, up 12 points from the previous week and two points ahead of normal. Three-quarters of the peanuts had been combined, up 18 points from the previous week but four points behind the five-year average. Cotton harvested reached 40 percent by week's end, up 10 points from the previous week but 13 points behind the five-year average.
The 2009 Winter Wheat Crop is called generally good condition, at 55% good, 11% excellent and 31% fair. Only three percent of the wheat crop now in the ground is called in poor condition. 96% of the crop is now planted- with 87% emerged and up to stand
Pasture conditions are in fair to good shape, with 88% of the pasture
and range conditions in those two categories.
After USDA Reports on Monday Morning- AFBF Economist Expects Corn, Soybean and Cotton Prices will Stay Low
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~American Farm Bureau Federation Senior Economist Terry Francl says corn and soybean producers will likely have to wait until 2009 for any rally in prices. Cotton producers may continue to struggle with low prices. That's based on USDA's World Agricultural Supply and Demand Estimates. Released Monday - the report projects the 2008-09 season average farm price for corn at $4.00 to $4.80 per bushel. That's down from the $4.25 to $5.25 per bushel October projection. According to Francl - the decline has been driven by the decline in oil prices and concerns about the financial and equity markets. The season-average soybean price for 2008-09 is down 45-cents on both end of the range at $9.10 to $10.60 per bushel.
Francl says crude oil prices will continue to be a critical factor that impacts corn and soybean prices. As a result - he says the post-harvest seasonal rally may be somewhat moderate this year. But - as the new year approaches - Francl says more competitive bidding for 2009 acreage should boost prices. Then he sees corn prices trading in the $5 to $6 per bushel range and soybean prices in the $11 to $13 per bushel range.
For cotton - Francl notes the November WASDE pegs the average farm price for cotton at 45-cents to 55-cents per pound - a decline from 51 to 62-cents per pound in October. Due to declining worldwide demand - Francl sees only limited upward potential for cotton prices. But cotton export estimates are maintained at 13-million bales. If that export momentum is maintained into early 2009 - Francl says we could see a resurgence in cotton prices back to the 60 to 70-cent range.
A New Website Highlighting the Farm to School Program
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The state agriculture department has created an Oklahoma Farm to School website to give schools, agricultural producers and others an inside look at its program designed to put Oklahoma foods in our school lunch programs. The website offers Oklahomans a chance to become involved with the program and learn about efforts to help schools connect with local farmers and provide children with fresh, locally grown foods.
State Secretary of Agriculture, Terry Peach said in addition to improving students' diets, Farm to School helps connect them with local farmers. "This is a great way to help teach kids about agriculture, where their food comes from and how it gets from the farm to their plates," he said. "We also believe that by substituting fresh, seasonal fruits and vegetables for some of the more processed foods we are teaching them about improved nutrition and fighting childhood obesity."
You can learn more about the Farm to School efforts in the state of Oklahoma- we have a link to our story on our website- www.OklahomaFarmReport.Com below. Check it out.
Click here to learn more about the Farm to School efforts in our state.
This & That- Saxby, Sesame and Soy.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~One leftover note from the elections that you may or may not have seen or heard- the top Republican on the Senate Ag Committee is apparently headed for a runoff with his Democratic challenger Jim Martin in Georgia after he got just barely under the fifty percent threshold he needed. Saxby Chambliss is calling this the first election for 2010 amd a very early referendum on the Democrats being in total control of both the White House as well as the House and the Senate. It appears that Chambliss is bringing in John McCain to stump for him, as well as Mike Huckabee of Arkansas and perhaps even Governor Sarah Palin of Alaska. The December 2 "do-over' gives the Democrats the chance to also bring in their big guns- including Senator Obama to try to steal the seat after Chambliss beat Martin by 110,000 votes last Tuesday- but failed to secure a majority of those votes cast.
Meanwhile, another Republican on the Senate Ag Committee is ahead by 206 votes as a recount by hand of 2.9 million votes begins in Minnesota next week between current Senator Norm Coleman and Democratic funnyman Al Franken.
Sesame harvest continues in northcentral and northwestern Oklahoma, according to an email sent to me by Danny Peeper, who was with Wheeler Brothers and has moved over to work fulltime for Sesaco- the company that contracts with growers to buy the Sesame they produce. Danny writes "Sesame harvest is winding down in Oklahoma now. We have had excellent weather the last 2 weeks to get the crop out, and have enjoyed excellent quality as well. Yields have been similar to predicted with fields ranging from 400 to 1000 pounds per acre. Across the board average is going to be close to 500-550 pounds per acre. Producers are happy with the performance of the crop and over 15,000 acres have already been contracted for next year.
Finally, the spring planted row crop that everybody seemed to be jumping into here in 2008 was soybeans, as we have doubled our expected harvested acres of soybeans from just 180,000 acres last year to 360,000 acres this fall. The November Crop Production report shows that Oklahoma will harvest 9 million bushels this year- versus 4.68 million bushels in 2007. It's a nice bump up for soybean production out here on the fringe of the corn and bean belt.
Even Willie Has Some Advice For Our President-In-Waiting
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~I'm not sure what Waylon might have to say to Senator Obama- but the President Elect has received a letter from Mr. Farm-Aid himself, Willie Nelson. And Willie wanted to share his words of advice to our President Elect with everyone- so there is a huge link right in the middle of the Farm Aid Home Page.
Willie Nelson writes "I started Farm Aid in 1985 when family farmers were being forced off their land as a result of federal policy that paved the way for industrial agriculture. This shift replaced independent family farmers with factory farms that have wreaked havoc on our communities, our environment and our public health."
Nelson goes on to offer Obama the solution to farm policy issues in this country- "the good food movement." Nelson adds that this is an alternative to the industrial food complex in this country and that "The Good Food Movement has grown and thrived almost entirely without the support of the federal government. However, now is the right moment for the leadership of our country to take a role in this important movement. In fact the future of our economy, our environment and our health demand it."
You can read all of Willie Nelson's advice to Barack Obama by clicking on this link.
A Southern Oklahoma Canola Committment
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~VIc Schoonover with the NTOK provides us with this story that we have edited about winter canola beginning to get a toehold in several southern Oklahoma locations.
Apache, Oklahoma farmer Alan Mindemann is optimistic about future of
winter canola; optimistic enough to have committed 820 acres to the crop.
Mindemann, certified by the American Society of Agonomists as a crop
advisor, says there are several advantages to growing canola in this state
and other states on the southern end of the Great Plains. "Winter canola
gives us another cool season grain crop to grow, just like wheat,"
Mindemann said. "You plant it in the same months and harvest it about the
same time as winter wheat. You can use the same equipment to plant it and
to harvest it. We plant it with no-till grain drills and harvest it with
combines." Another agronomic advantage to growing canola, Mindemann said,
is planting the crop in rotation with winter wheat enables farmers to
clean up weeds that have become a serious problem with longterm wheat
Farther south, a cousin of Mindemann, Jimmy Kinder, Walters, Ok., has
planted 1,000 acres to winter canola. Kinder and his brother, Kevin, farm
in Cotton County, close to the Red River. One incentive to get farmers to
get on board growing winter canola is particularly attractive to Kinder, a
longtime supporter of the Future Farmers of America. "Buyers of
Monsanto-Dekalb canola seed are offering farmers incentives to help their
local FFA chapters," Kinder said. "When harvest comes in the spring,
farmers with top canola yields will receive prize monies that will be
presented to local FFA chapters."
To read Vic's full story with a lot of production info from Alan on raising canola- click here.
A Quick Reminder on the Express Customer Appreciation Sales
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The folks at Express Ranches have set two Customer Appreciation Sales this week- both to be held at Stockman's Livestock in Apache, Oklahoma. The first of these sales is a Breeding Stock sale of Express genetics TODAY, while a feeder calf auction of Express genetics will be offered on Thursday.
Here on the 11th we will be selling 500 head which will include 3 in1's, spring bred cows, spring bred heifers, fall open heifer, spring open heifers, and 20 breeding age bulls. All of the animals selling will be Express Ranches genetics. On the 13th 500 head of feeder calves will be selling- sired by Express Ranches bulls. Many of the calves will be age source verified.
These two sales are great opportunities to add some outstanding genetics to your cattle herd as 2008 winds down. For more information, contact Express Ranches at 1-800-664-3977 or Stockman's Livestock in Apache at 1-888-926-9696.
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Looking at our Agricultural Markets...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The Oklahoma City Cattle market was called steady to $2 higher for calves and yearlings...although the numbers of feeder cattle being sold this week was limited. Five to six hundred pound steers came in at $102 to $116 while a few seven to eight hundred pound steers brought $100 to $105 and eight weight steers sold from $96.25 to $102. For the full Oklahoma National Stockyards report- click here.
Here are some links we will leave in place on an ongoing basis- Click
on the name of the report to go to that link:
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