From: Ron Hays [] on behalf of Ron Hays []
Sent: Thursday, May 07, 2009 7:23 AM
Subject: Oklahoma's Farm News Update
Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Thursday May 7, 2009
A service of Johnston Enterprises, KIS Futures and American Farmers & Ranchers Mutual Insurance Company!
-- Worst Oklahoma Wheat Crop in a Half Century.
-- Kansas Crop Looks Average- Maybe
-- US and EU Reach Deal For Different Compensation in Hormone Beef Judgement Against the Europeans
-- No Till, Harvesting Short Wheat and More in the Latest PaSS newsletter
-- Oklahoma Pork Council Responds to First H1N1 Flu Case in Oklahoma
-- This and That for a Thursday
-- 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!

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Worst Oklahoma Wheat Crop in a Half Century.
The number is either 77.5 million bushels or 78.12 million bushels, depending on which method of prognostication you choose. Two numbers came out of the Wednesday morning Oklahoma Grain and Feed Association report session of wheat production all across the state. The first number that was reported was the total of the eight regions of the state. Those reporters from across the state predicted a cumulative 3,783,000 acres would be harvested this year, with a total production of 78.12 million bushels of wheat. After the audience heard the reports, and based on their knowledge of the wheat crop conditions, the consensus of the audience at the Grain and Feed Association meeting came in slightly smaller at 77.5 million bushels of production.

Either of those production totals would put the 2009 crop at less than half of the 2008 crop of 166,500,000 bushels, and it would be the worst crop in more than fifty years across the state, with only the almost total wipeout annual production in 1955 being smaller- the crop that year totaled just 24 million bushels.

We have extensive coverage with multiple interviews that you can listen to on our website, www.OklahomaFarmReport.Com. We talked to several of the presenters from the Wednesday session held at the annual meeting of the Oklahoma Grain and Feed Association in Oklahoma City. We also talked to Roger Gribble of Enid who was helping coordinate the overall presentation for his perspective as well as Dr. kim Anderson, our grain marketing guru to get some perspective on what all of this means from a marketing viewpoint.

One comment made by Kim was most interesting. He contends that if we had a normal "average" crop in Oklahoma and Texas, wheat prices right now would probably be fifty cents to as much as a dollar cheaper than they are right now- so the notion that the market doesn't care that the Oklahoma(and Texas) wheat crop is hurt but Kansas looks okay and the prices are not going up is wrong. The market has adjusted for that lost production already.
Click on the link below for more on the wheat crop tour report and those interviews to choose from.

Click here for our top ag story fo the day- Oklahoma's Wheat Crop Down to Less than Half of Last Year's Crop

Kansas Crop Looks Average- Maybe
Day two of the Kansas Wheat Crop Tour took routes from Colby south to around Liberal, then eastward to Wichita where the report session for Day Two was held. Ben Handcock of the Wheat Quality Council says that the counties that most of the groups went through were very dry over the winter- and the only the recent rains have saved wheat yield potential in many fields. He points out that a lot of the fields are a lot thinner than they would normally be, which could cause problems as harvest arrive.

Tim Bartram, the Executive Director of the Oklahoma Wheat Growers Association, offers a report this morning on what he saw on Day Two of this annual trek that takes teams all across Kansas as well as parts of Nebraska, Colorado and Oklahoma.

Click on the link below to jump to our webpage with Tim's report.

Click here for more on the Kansas Wheat Crop Tour with Tim Bartram of the Oklahoma Wheat Growers

The Chairman of the House Ag Committee, Colin Peterson of Minnesota, is FURIOUS over the announcement by the EPA that they intend to look at biofuels and levy indirect land costs against ethanol and biodiesel when computing a carbon footprint of biofuels.

A House Ag Subcommittee hearing turned into Peterson's pulpit on Wednesday, as he announced that "I'm off the train. I will not support any climate change bill. I don't trust anybody anymore." He went to add that the only way he might support a Climate Change bill is to get EPA out of the mix on setting regulations on biofuels- that it all be done within the legislation. He added he's not sure that could ever happen.

We have the audio of the Chairman's remarks that very harsh coming from a member of the Majority party against the proposals of the Obama Administration. Click on the link below to get to that audio explosion.

Click here for more on Colin Peterson Raging Against the EPA Over Indirect Land Costs to be Charged Against Biofuels

US and EU Reach Deal For Different Compensation in Hormone Beef Judgement Against the Europeans
The United States and European Union have agreed in principle to a deal that would gradually expand duty-free access for hormone-free U.S. beef in the European market in exchange for eliminating U.S. tariffs on EU products. On our Thursday Beef Buzz, we talk about this tentative deal with the Chief Economist of the National Cattlemen's Beef Association, Gregg Doud.

U.S. Trade Representative Ron Kirk and European Union Trade Commissioner Catherine Ashton on Wednesday issued a joint statement announcing "a way forward in the long-running dispute over hormone-treated beef."

Under the current quota, the EU allows 11,500 metric tons of hormone-free U.S. beef per year with a 20 percent duty. The agreement-in-principle would provide for a duty-free quota of 20,000 metric tons in its first three years and expand it to 45,000 metric tons beginning in the fourth year. The United States will maintain existing sanctions on EU products during the initial three-year period and eliminate all sanctions during the fourth year.
Click on the link below for more on the deal and the thoughts of Gregg Doud of NCBA on this move to actually put some dollars back into the pockets of the US cattle industry with this accommodation.

Clcik here for more on our Wednesday Beef Buzz on the US-EU deal on US beef into the European Market

No Till, Harvesting Short Wheat and More in the Latest PaSS newsletter
The latest Plant and Soil Science Newsletter is out from this department of the Division of Agriculture at Oklahoma State University- and it covers several topics of importance for farmers throughout the southern Great Plains:

Those topics include
No Till
Weeds in soon to be planted Peanut fields
Harvesting a wheat crop just inches tall
and a look at wheat diseases with Dr. Bob Hunger.

Click on the link below for a look at this latest production oriented newsletter that is free from the Plant and Soil Science Department within the Division of Agriculture at Oklahoma State University.

Click here for the PaSS Newsletter (linked on our website)

Oklahoma Pork Council Responds to First H1N1 Flu Case in Oklahoma
The Oklahoma Pork Council issued the following statement on this week regarding recently diagnosed Oklahoma and U.S. cases of the H1N influenza virus: "The Oklahoma Pork Council has learned that Oklahoma State Department of Health officials have identified a case of H1N1 flu in Pontotoc County, and we are aware of cases in other states as well.

"Like all Oklahomans, we are relieved the individual has recovered fully. It is our understanding that preliminary findings in the U.S. cases of this influenza virus do not involve any direct contact between people and pigs. That being said, like all Oklahomans, Oklahoma's pork producers are concerned about this disease."

Meanwhile, Medatingplace is reporting that Smithfield Foods' CEO has embarked on a series of media interviews in order to prepare investors, the markets and employees for the company's first loss in 30 years. C. Larry Pope says the effects of misinformation related to H1N1 influenza, coming on the heels of a treacherous 18-month period in the hog and pork industry, means the company will be in the red for its 2009 fiscal year, which ended May 2.

This and That for a Thursday
It will be muddy but the 58th National Land and Range Judging Contest will go forward this morning- the teams are learning this morning where the secret location of the contest will be. They are finding out about the same time as I am writing this- so I won't mention it here- but if you want to go and see these young people "playing" int he mud- drop me a quick email and I will tell you the site location.

The best line of the day at the Oklahoma Wheat Crop Report Session came from Avery Eeds of Wheeler Brothers- he noted that while the wheat was not very good and that harvested acres were way down in all of the central Oklahoma counties he covered- something important was noted. Avery says that they saw fewer rabbits and more coyotes as they toured the wheat fields this year compared to last. I'll let you decide for yourself the ramifications of this observation.

Finally, the AgWeather folks from the Mesonet team have a new AgWeather newsletter out- with more on freeze conditions and how it has affected the wheat crop. As always, Laura and Al have some excellent suggestions about various reports you can pull for yourself on rainfall, drought and more that can help you with your weather dependent plans. The link for this month's Newsletter is below- click and take a look.

Click here for the AgWeather Newsletter link- courtesy of the Oklahoma Mesonet and the OSU folks keep an Orange Presence in Norman.

Our thanks to KIS Futures, Johnston Enterprises and AFR 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.

Click here to check out WWW.OklahomaFarmReport.Com

Let's Check the Markets!
The OKC West market in El Reno had 3,135 head of cattle in their pens on Wednesday, with prices steady for the yearling cattle and steady to a dollar up for calves. Our market reporter offers these comments about the Wednesday market- "Quality of feeder cattle average to attractive. Quality of stockers and calves plain to average. Rain and more rain has covered most of Oklahoma with rainfall moderate to flooding. Supply included 72 percent over 600 lbs and 35 percent heifers." As far as actual prices- click here to jump to the USDA rundown of prices from this May 6 market.

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.
Finally, Here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.

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

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