From: Ron Hays []
Sent: Tuesday, June 10, 2008 06:29
Subject: Oklahoma's Farm News Update
Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Tuesday June 10, 2008!
A service of Farm Credit of East Central Oklahoma, KIS Futures & Johnston Enterprises!
-- Harvest now One Third Done- According to Latest Oklahoma Crop Weather Update
-- USDA Updates Crop Numbers- Several Keys to Watch!
-- June Is Dairy Month! (Hug a Cow)
-- Carnegie Area Looking Good for King Cotton!
-- The Power of the Internet- US Beef To Korea May be Doomed.
-- Winter Canola Producers Get Federal OK for Emergency Dessicant.
-- Calendar Listings Grow A Bunch for Both June and July!
-- Checking the Markets...Including Oklahoma City's Cattle Trade.

Howdy Neighbors!

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 KIS Futures as a regular sponsor of our daily E-Mail. KIS Futures provides Oklahoma Farmers & Ranchers with futures & options hedging services in the livestock and grain markets- Click here for their website or call them at 1-800-256-2555.

We welcome as our newest regular sponsor on our daily email Johnston Enterprises- proud to have served agriculture across Oklahoma and around the world since 1893. Johnston Grain wishes our wheat producers a safe and prosperous harvest this month- for more on Johnston Enterprises- click here for their website!
And finally, we are glad to have Farm Credit of East Central Oklahoma as a regular sponsor of our daily email update. Farm Credit of East Central Oklahoma has ten branch offices to serve your farm financing needs and is dedicated to being your first choice for farm credit. Check out their website for more information by clicking here!

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.

Harvest now One Third Done- According to Latest Oklahoma Crop Weather Update
There really is no harvest report per se this morning- as few if any combines were running on Monday anywhere in the state. There may have been a couple of locations in the southern areas of the state that stayed dry enough to harvest- and some fields that were stressed by dry weather and were planted with Jagger in the Panhandle could have been ready to have been cut- but everybody else was simply having to sit and wait for drier conditions.

The latest Crop Weather Updates are out- and they now show that 34% of the Oklahoma wheat crop has been harvested- which is ahead of the 19% cut by this point a year ago- and a little behind the 39% five year average. The Texas Crop is also 34% harvested as of Sunday.

The latest crop weather update does show how dry the Panhandle is versus the body of the state- as on average those three counties are some 60% below normal levels of precipitation from March first through Sunday. Of course, it gets worse and worse as you go from Beaver County to Texas County and then westward to Cimarron County. We have linked the latest crop weather update on our Wheat Harvest webpage- so you can go there to get the latest on the stalled harvest conditions- we have you set to jump there with the link provided below.

Click here for the Wheat Harvest Webpage at WWW.OklahomaFarmReport.Com

USDA Updates Crop Numbers- Several Keys to Watch!
This morning at 7:30 Central Time USDA's National Ag Statistics Service will release its monthly crop report. The key numbers that we will be watching here in our state is the winter wheat production estimates- will they raise the Oklahoma crop production numbers a little based on early harvest reports that showed excellent grain fill in the 2008 Oklahoma winter wheat crop report. Remember- this is a report based on June first data- so recent rains that worry wheat farmers in the north central part of the state won't be factored in. The May first estimate for Oklahoma Wheat Crop Production was 148.5 million bushels versus the actual production of just 98 million bushels last season.

Beyond wheat- the trade expects USDA to reduce its new-crop corn ending stocks by 27 million bushels - or four percent. Soybean ending stocks are expected to be reduced to 180 million bushels - a reduction of about five million bushels. Outlook Board Chairman Gerry Bange says - they will be looking at planting in the Northern Hemisphere and harvest in the Southern Hemisphere. The situation around the globe is also important. The supply and demand side of the corn situation will be under heavy scrutiny as cool, wet weather has delayed planting and development of the U.S. corn crop. And that doesn't include massive flooding taking place in key areas of the Midwest that could result in replanting or failed plantings.

We have a preview for this report up on the front page of our website- and this same link we are providing below will also take you to the review of the report after we have the numbers later this morning. We expect to have that review of the numbers up on the website and available to you by 9:15 AM this morning- check back after that time at the link below for wheat crop production numbers and more.

Click here for the June Crop Production Numbers from USDA

June Is Dairy Month! (Hug a Cow)
It's a long standing celebration across the country for the US Dairy Industry- and here in 2008- we help dairy producers here in the state celebrate as we spotlighted Susan Allen with DairyMax on our Saturday morning In the Field TV segment on KWTV News9. I know the camera crew and folks in the studio enjoyed it- as they got to sample some of the new product and packaging concepts that Susan brought into the studio to show off.

The Dairy industry has worked hard to utilize every single bit of milk and its by products and have even come up with a product called "Protein Water." This water is fortified with whey and flavored to offer young active lifestyle adults a bottle of water that is more than just water.

We have our visit with Susan linked below as we talked about the dairy industry in the state- as well as some of these product ideas for today's active lifestyles. Click on the link provided to take a look.

Click here to take a look at Ron and Susan from In the Field With Ron Hays this past weekend.

Carnegie Area Looking Good for King Cotton!
Carnegie Cotton farmers are looking forward to a good season this year, according to Jeannie Hileman, gin manager of the Carnegie Farmers Cooperative. "Our anticipated acres are near last year," said Jeannie Hileman, Carnegie Farmers Cooperative gin manager. "We will have a little more dryland and a little less irrigated cotton this year.

"Our irrigated cotton is approximately 90 percent planted and all is up to a good stand and looking good. Hail and heavy rainfall really beat up 100 acres of cotton in the Hydro area. The dryland cotton is about 60 percent planted and most of it looks good. Everything could use a rain if we could get one without the abuse. The remaining dryland will be planted as soon as we get enough moisture. We will begin planting the remaining irrigated cotton the first of the week. It will be behind wheat."

Hileman adds that "More and more of our farmers are getting into a real rotation program and cotton will play an important part in that program." Of course, this is an area where peanuts were once king- but the loss of the peanut quota system- the market price of peanuts simply could not support the cost of production in areas like Carnegie where disease pressure that exists in the soil makes peanuts a relatively high cost of production crop.

The Power of the Internet- US Beef To Korea May be Doomed.
It's the kids younger than college age that are keeping the frenzy going over the safety of US beef- as Internet Geeks have almost reduced the South Korea government to nothing through the rumors that have spread like a wildfire throughout South Korean culture.

Believing that the meat carries a high risk of BSE and that Koreans are genetically predisposed to contracting the linked Creutzfeldt-Jakob disease, the online masses have taken to the streets, cursing America and demanding that their Government should act to avert catastrophe.

Two features of the protests have caught the authorities, the Government and teachers offguard. The first is that, unlike the mobs that have contributed to South Korea's long history of street rallies, more than half of the demonstrators are below university age.
The second is the virulence of the xenophobia on and offline: despite sweeping to power on a more foreigner-friendly ticket, Lee Myung Bak, South Korea's new President, leads a country with substantial anti- American feeling. They don't remember and don't care that the United States saved their country from the invaders of North Korea fifty years ago- that was long ago and far away in their minds.
The bottom line is that the Lee Government is paralyzed- and one of the biggest landslide victories in years in that country is in the process of being nullified- and US beef is right at the epicenter.
It's hard to write off what was our third largest beef export market before 2003- but it's now very uncertain when or if we will see significant quantities of US beef back into this country anytime soon.

Here's one of the recent articles on the Geeks that are Beating Down the Newly Elected South Korea Government Over Following Sound Science When It Comes to US Beef.

Winter Canola Producers Get Federal OK for Emergency Dessicant.
Oklahoma Secretary of Agriculture, Terry Peach, received a crisis exemption from the EPA for Oklahoma canola producers to use the pesticide Diquat as a harvest aid. Canola producers may treat their crops with the product from now through June 23.

"The rainfall received in north central Oklahoma the last 10 days of May and through early June is causing problems for our producers here at harvest time," Peach said. "We are seeing a secondary bloom resulting in green seed pods to be present at the same time ripe pods are on the plants. The only hope to avoid losing the crop is to apply this desiccant product to defoliate the canola and proceed with harvest."

While many Winter Canola fields are too wet for treatment as of yet- the drying weather that is on tap for this week should allow for adequate time to take advantage of this harvest tool.

Calendar Listings Grow A Bunch for Both June and July!
We have added lots of items as we begin this week for both the balance of June as well as July on our calendar page on our website. One item that has been on there for awhile is the series of Agroterrorism meetings- several of which are this week and several more that are planned in July.

Other items that happen later this month include the summer meeting of the Texas and Southwest Cattle Raisers down in central Texas- as well as the annual summer Ranch Tour of the Oklahoma Cattlemen's Association. For those in Little Dixie- you may want to check out the annual Lane Research Station Field Day on June 21.

We have also added several events that occur in July and later in the year. That includes the Texas A&M Beef Cattle Short Course in College Station in early August. You can check out all of these events and a bunch more by going to our Calendar page at WWW.OklahomaFarmReport.Com- we have it linked below for your convenience.

Click here for the latest calendar listings at WWW. OklahomaFarmReport.Com

Our thanks to Johnston Enterprises, KIS Futures and Farm Credit of East Central Oklahomafor 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.

Click here to check out WWW.OklahomaFarmReport.Com

Checking the Markets...Including Oklahoma City's Cattle Trade.
Rain delayed the start of the Monday run at the Oklahoma National Stockyards on Monday, with the total cattle numbers estimated at 10,200. Six hundred to eight hundred pound steers were one to two dollars lower than a week ago, while heavier weights were being called steady. Seven to eight hundred pound steers brought $106 to $111.75. For the full report on the Monday Oklahoma City market- 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:
Our Daily Market Wrapup from the Radio Oklahoma Network with Ed Richards and Tom Leffler- analyzing the Futures Markets from the previous Day-
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.
Previous Day's Wheat Market Recap- One Pager From Country Hedging- looks at all three US Wheat Futures Exchanges and the why of that day's market.
Daily Oklahoma Cash Grain Prices- As Reported by the Oklahoma Dept. of Agriculture. Previous Day's Energy Market Recap- also from Country Hedging
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
The National Daily Slaughter Cattle Summary- as prepared by USDA.

God Bless! You can reach us at the following:
phone: 405-473-6144

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