~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Friday December 19, 2008!A service of Johnston Enterprises, American Farmers & Ranchers and Midwest Farm Shows!
-- Lite Email on this Friday
-- USDA rearranges report schedule for Christmas week
-- Later Today- Cattle on Feed
-- In the Field This Saturday
-- OSU's Dr. Kim Anderson Talks About Best Management Practices and Crop Insurance Obligations on SUNUP
-- Beef Buzzing at the End of the Week
-- The 11th Exposure Female Sales Set for This Saturday
-- 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!
We are also pleased to have as a regular sponsor on our daily email
Johnston Enterprises- proud to have served agriculture across
Oklahoma and around the world since 1893. For more on Johnston
here for their website!
If you have received this by someone forwarding it to you, you are welcome to subscribe and get this weekday update sent to you directly by clicking here.
Lite Email on this Friday
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~This email will be a "lite" version this morning- and I wanted to give you a quick rundown of what our schedule is next week- we will have our normal farm and ranch news emails out next Monday, Tuesday and Wednesday- then off the last two days of the week for Christmas- we plan a similar schedule for the following week- although we will do a "lite" email on January 2 with a look at several of the meetings/events that come with the arrival of the new year.
USDA rearranges report schedule for Christmas week
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~USDA's National Agricultural Statistics Service has changed the release dates for three reports because of the closing of federal government offices on Friday, December 26th.
The weekly Peanut Prices report will be issued at 3:00 p.m. ET, on
Wednesday, December 24th.
Later Today- Cattle on Feed
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We mentioned yesterday that we have the Cattle on Feed Report that will be out this afternoon at 2 PM central time- after the markets close for the last full trading week of the year.
Estimates on Friday's Cattle on Feed report for major feedlots has Dec 1 on-feed supplies averaging 93.9 percent in a range from 93 to 94.8 percent of last year. November placements averaged 93.7 percent in range from 90 to 98.9 percent and marketings averaged 88.9 in range from 87.2 to 92.6 percent.
We will have details of the report and analysis from Tom Leffler of Leffler Commodities late Friday afternoon once the report is released by Uncle Sam- that will be on the front page of our website- www.OklahomaFarmReport.Com
In the Field This Saturday
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Our guest this Saturday morning on our In the Field Segment as seen on KWTV News9 will be Scott Dewald, Executive Director of the Oklahoma Cattlemen's Association.
We talk about the role that rancher Frank Lucas is taking on in the new year as Ranking Member of the House Ag Committee- as well as some of the challenges that have made 2008 a year to forget for many in the cattle business.
In the Field is seen around 6:40 AM Saturday mornings during the morning local news and weather information block that KWTV offers from 6:00 AM to 8:00 AM each Saturday morning.
OSU's Dr. Kim Anderson Talks About Best Management Practices and Crop Insurance Obligations on SUNUP
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~This week's conversation with Dr. Kim Anderson, OSU Grain Marketing Economist, focuses on Crop Insurance and how it can work for grain producers. The key question answered for this week's SUNUP to be seen on Saturday on OETA is whether or not producers are living up to their Crop Insurance contracts if they elected not to put down fertilizer as they planted this year's winter wheat crop.
Dr. Anderson says that the Crop Insurance contract for Revenue Coverage specifies that farmers must use good farming practices to qualify for a payout on a CRC policy- and that they would need to document why they did not put down fertilizer if that is how they have historically done it- it still seems to be a gray area as to whether or not a plan that includes coming back in the spring with fertilizer is an acceptable part of a strategy that a farmer can claim is his best management plan for this crop.
We have Kim's audio comments with Clinton Griffiths, the Host of SUNUP as they will be seen on the December 21 SUNUP program- as well as a listing of the other subjects you can learn about by tuning in to this weekly production of SUNUP on OETA- 7:30 AM Saturday morning.
Click here to jump to the Kim Anderson segment and the SUNUP lineup for this this Saturday
Beef Buzzing at the End of the Week
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The first four days of this week- we featured comments with Jim Robb of the Livestock Market Information Center in Denver- with our Thursday finale with Jim a look at the international marketplace and a recap of what to do as beef producers to survive these unusual shocks that the industry has been dealing with much of 2008.
Our Friday Beef Buzz features comments from Chandler Keys with JBS Swift on the beef packing philosophy of the Bastista family of Brazil that own this truly global beef packer.
You can go and review any of our shows this week with Jim Robb as well as today's Beef Buzz with Chandler Keys- just click on the link below and then select the story and audio that you want to listen to- we have Beef Buzz shows that are heard on the Radio Oklahoma Network archived on our website that go all the way back to 2006.
Click here for the Beef Buzz page found on WWW.OklahomaFarmReport.Com
The 11th Exposure Female Sales Set for This Saturday
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The 11th Exposure Female Sale is set for tomorrow, Saturday, December 20 at 12:30 pm at the Exposure Sale Facility just east of Stillwater on Highway 51.
The Exposure Female Sale will be featuring over 200 Composite and Angus Spring bred Females- you will find the genetics package in these females that will improve your herd.
This is a sale that is known for its quality across the nation, featuring the Genetics of Collins, Griswold and Black. For more information call 800-975-6313 or go to the link we have below. The website has information on a cattle judging contest going on today, as well as details on the offering and info on video of a majority of the females to be sold on Saturday.
Click here for more on the 11th Exposure Female Sale coming up December 20 in Stillwater.
Our thanks to Midwest Farm Shows, American Farmers & Ranchers and Johnston Enterprises for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked at the top of the email- check them 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!
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.
Looking at our Agricultural Markets...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Overnight Electronic Futures Trade suggests a bearish end of the week tone to our markets- wheat futures have traded down 9 cents in overnight trade, corn off 11 cents and soybeans lower by 9 cents- and cotton electronic trade thus far today is off about a penny per pound. Crude Oil futures continue lower with a vengeance- now in the vicinity of $34 a barrel.
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:
God Bless! You can reach us at the following: