From: Ron Hays [] on behalf of Ron Hays []
Sent: Friday, August 28, 2009 7:56 AM
Subject: Oklahoma's Farm News Update
Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Friday August 28, 2009
A service of Johnston Enterprises, P & K Equipment/ P & K Wind Energy and American Farmers & Ranchers Mutual Insurance Company!
-- US Net Farm Income Tumbling 38% in 2009
-- Will Bedwell Claims 4-H Champion Wheat Trophy- as well as the Grand Champion Prize!
-- Quintin Wray of Okeene Claims FFA Wheat Champion Trophy
-- Bermudagrass Stockpiling- Saving Money and Forage Quality for this Winter
-- Internet Funding Requests Reported
-- TV This Weekend
-- The Big Event from Express Ranches is Right Around the Corner
-- Let's Check the Markets!

Howdy Neighbors!

Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are pleased 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!

It is also great to have as an annual sponsor on our daily email Johnston Enterprises- proud to be serving agriculture across Oklahoma and around the world since 1893. For more on Johnston Enterprises- click here for their website!

And we are proud to have P & K Equipment/ P & K Wind Energy as our newest regular sponsor of our daily email update. P & K is the premiere John Deere dealer in Oklahoma, with nine locations to serve you, and the P & K team are excited about their new Wind Power program, as they offer Endurance Wind Power wind turbines. Click here for more from the P&K 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.

US Net Farm Income Tumbling 38% in 2009
Net farm income is forecast to be $54.0 billion in 2009, down $33.2 billion (38 percent) from the preliminary estimate of $87.2 billion for 2008. The 2009 forecast is $9 billion below the average of $63.2 billion in net farm income earned in the previous 10 years.

After reaching record or near record levels in 2008, all three measures of farm sector earnings are forecast to decline in 2009.

- Net cash income is expected to fall 30 percent to a level below its previous 10-year average.
- Net value added is expected to fall from a record $135.8 billion in 2008, but remain near its 10-year average because the drop in expenditures for purchased inputs offset some of the decline in value of production.
- Net farm income, which was a near record 87.2 billion in 2008, is expected to be $9 billion below its 10-year average in 2009 as a result of reduced net value added and increased payments to stakeholders.

In 2009, crop prices have continued a decline that started in the second half of 2008 and prices for livestock animals and products have experienced sharp declines. With economic conditions deteriorating worldwide, demand for exports has tailed off, with few options available to expand marketing elsewhere. Sharply declining demand in 2009 has forced farmers to accept prices that are lower than were expected earlier in the year when production plans were made.

Click on the link below as we have more details on this ERS report from the USDA- it does not paint a pretty picture and shows agriculture in the unique position of having both the crop and livestock sectors getting weaker in tandem here in 2009.

Click here for more on the Net Farm Income Numbers Issued by ERS of the USDA

Will Bedwell Claims 4-H Champion Wheat Trophy- as well as the Grand Champion Prize!
The 2009 Oklahoma Junior Wheat Show awarded several thousand dollars worth of scholarships and prize money on Thursday evening in Stillwater, with young Will Bedwell of Okeene winning the title of 4-H Champion, as well as the honor of the Grand Champion of the overall show. Will's entry that won the overall championship was Fuller, and placed 9th in visual and production, and 3rd in the milling and baking testing.

Click on the link below and you can see a picture of Bedwell, as well as a listing of the top finishers in the 4-H side of the 2009 Junior Wheat Show.

Click here for our 4-H story from the Oklahoma Junior Wheat Show Banquet in Stillwater

Quintin Wray of Okeene Claims FFA Wheat Champion Trophy
The 2009 Oklahoma Junior Wheat Show awarded several thousand dollars worth of scholarships and prize money on Thursday evening in Stillwater, with Quintin Wray of the Okeene FFA Chapter winning the FFA Division with an entry of Overley wheat, placing 2nd in the visual and production and 10th in Milling and Baking- winning the Champion trophy in the FFA Division and maxing out with $3000 in scholarships here in 2009.

As with our 4-H story- we have the other top finishers in the FFA division of the Junior Wheat Show on our website- specifically on our Blue Green Gazette section. Click on the link below to jump to the FFA story.

Click here to see Quntin Wray of Okeene FFA and a listing of the FFA top finishers of the 2009 Oklahoma Junior Wheat Show

Bermudagrass Stockpiling- Saving Money and Forage Quality for this Winter
It's an interesting concept that may work here in the late summer of 2009 and could save you a substantial amount of time and money- stockpiling your Bermudgrass and allowing your cow herd to graze it in the November through January time frame. We discuss that with Dr. Glen Selk of OSU's Animal Science Department on our Friday Beef Buzz.

OSU Research on this subject sugests that in the years that Mother Nature cooperates- the rewards are significant: "Pasture and feed costs associated with the stockpiled bermudagrass and tall grass prairie grazing systems were similar and averaged 57% of costs associated with hay feeding."

This cyberspace version of our Beef Buzz is a little longer today than the radio version heard across the state- as we offer you our full conversation that we had with Glen Selk on this subject in recent days. Click on the link below to jump to our Friday Beef Buzz.

Click here for our Friday Beef Buzz on Bermuda Stockpiling with Glen Selk of OSU

Internet Funding Requests Reported
There seems to be a lot of interest in supplying broadband and Internet services to rural and underserved areas of our nation. The Commerce Department's National Telecommunications and Information Administration and the Department of Agriculture's Rural Utilities Service have announced they have received almost 2,200 applications requesting nearly 28-billion dollars in federal funding for proposed broadband projects reaching all 50 U.S. states and territories and the District of Columbia.

Applications came in from a diverse range of parties including state, local, and tribal governments; nonprofits; industry; anchor institutions, such as libraries, universities, community colleges, and hospitals; public safety organizations; and other entities in rural, suburban, and urban areas.

In this first round of funding the Recovery Act is providing a total of 7.2 billion dollars. NTIA will utilize 4.7-billion to deploy broadband infrastructure in unserved and underserved areas in the United States, expand public computer center capacity, and encourage sustainable adoption of broadband service. RUS will invest 2.5-billion to facilitate broadband deployment primarily in rural communities.

TV This Weekend
Our In the Field segment on KWTV News9 on Saturday morning will be focused on getting ready to plant the 2010 winter wheat crop. Our guest is Mike Schulte of the Oklahoma Wheat Commission, as we look back at the quality problems of 2009's crop- and look ahead to early planting that will be happening soon to capture some wheat pasture this fall. Check us out on our In the Field segment on News9 Saturday morning at 6:40 AM.

This weekend's SUNUP TV show that is hosted by Clinton Griffiths heads to southwest Oklahoma to the OSU research facility in Altus. Here's some of the highlights that Clinton tells us about from this Saturday's show that is seen on OETA:

SUNUP gets a look at one cotton fertility study that's been ongoing for the last 37 years. That work is what experts use to set nitrogen application rates for the crop in Oklahoma.
We look at a research trial studying the affects of a new sorghum seed safener
The station is also looking for the right herbicides and the right application rates for killing roundup ready volunteer cotton
The show will also feature regular segments from Glenn Selk, Derrell Peel, Al Sutherland, Kim Anderson and Randy Taylor.

The Big Event from Express Ranches is Right Around the Corner
Express Ranches Annual Production Sale is called The Big Event will be Labor Day Monday September 7, 2009, starting at 10:30 am at the ranch in Yukon, Oklahoma.

More than 600 Head Selling- the list includes:
150 spring calving pairs 50 spring bred heifers
15 Fall caving bred heifers/pairs
70 Fall calving cows
50 Elite Fall yearling heifer calves
60 Elite ET heifer calves
50 Donor, pregnancy, and embryo lots

The heifers in this sale qualify for the Express Scholarship Program that has awarded more than 2.4 million in scholarship to youth across the United States and Canada.

Click on the link below for more on contacting the folks at Express- including a link to the sale catalog for the 2009 event. It's always a dandy- and the quality of the 2009 offering means another great sale is set for this Labor Day.

Click here for more on the Big Event from Express Ranches on September 7

Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, AFR and KIS Futures 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!

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

Let's Check the Markets!
We've had requests to include Canola prices for your convenience here- and we will be doing so on a regular basis. Current cash price for Canola is $8.05 per bushel, while the 2010 New Crop contracts for Canola are now available are $8.10 per bushel- delivered to local participating elevators that are working with PCOM.

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- Two Pager From The Kansas City Board of Trade looks at all three US Wheat Futures Exchanges with extra info on Hard Red Winter Wheat and the why of that day's market.
Daily Oklahoma Cash Grain Prices- As Reported by the Oklahoma Dept. of Agriculture. <
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
The National Daily Slaughter Cattle Summary- as prepared by USDA.
NOTE THAT WE SOLD CASH CATTLE ON THURSDAY, and here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association. Details on the $85 cash trade at this link!

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

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