~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Thursday April 1, 2010A service of Johnston Enterprises, P & K Equipment/ P & K Wind Energy and American Farmers & Ranchers Mutual Insurance Company!
-- Corn, Soybean and Cotton Planted Acres Expected to Rise in 2010
-- State Senate Easily Passes HB3202- Heads Home for Long Easter Weekend
-- Higher Boxed Beef Prices- Do They Reflect Improving Beef Demand?
-- Start Looking for Your Pink Shirt- You'll need it April 16 at the Southern Plains Farm Show.
-- Johnston's Grain Gearing Up for Wheat Harvest 2010
-- Match Cattle Numbers to Forage Resources
-- What if we had a lousy corn crop in 2010? Seven dollar corn???
-- Let's Check the Markets!
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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Corn, Soybean and Cotton Planted Acres Expected to Rise in 2010
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Farmers in the US will plant a historic 88.8 million acres of corn this spring, which is the second largest acreage since 1946, along with 78.1 million acres of soybeans, which is the most ever. This jump in acreage for both crops appears to be a response to strong prices for both of these commodities.
Cotton acres are also increasing in the US, with USDA projecting 10.505 million acres, 15% more acres than that of a year ago and in line with traders expectations. Growers intend to increase planted area in all States except Arkansas, Kansas, and Louisiana. The largest acreage increase is in Texas where producers intend to plant 600,000 acres more acres of upland cotton than in 2009.
Our Oklahoma Planting Estimates reflect some of the national trend- except when it comes to corn. Farmers told NASS that they will plant 15% fewer acres to corn in Oklahoma this year versus last. The last couple of growing seasons have been tough on corn, with aflatoxin problems dampening interest in the crop. In contrast, there will be more acres in Oklahoma going into soybeans and cotton. Soybean acres are expected to jump to 460,000 acres this spring, up from 405,000 acres planted last year, while the cotton acreage is expected to total 240,000 acres, up from 205,000 acres planted in 2009.
Oklahoma wheat acres planted last fall total 5.2 million acres, down 9% from year to year while canola, also planted last fall, jumps from 42,000 acres planted in the fall of 2008 to 80,000 acres planted this past fall. Click here for the Oklahoma Prospective Plantings one pager- and you can click on the link below for our overview of he national picture on what farmers are going to be doing- that story on our website.
State Senate Easily Passes HB3202- Heads Home for Long Easter Weekend
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~It took about thirty minutes on Wednesday morning for the Senate to consider and vote 38 to 7 in favor of the so called Teeth Floater bill. The "emergency" has also okayed, which means it will become law once signed by Governor Brad Henry. Senator Mike Schulz carried the bill, which has already passed the House.
Amendments were offered, with two of them of significance. The first was advanced based on a call by several of the Veterinary related groups who fear that unless animal husbandry is better defined by the state, that anyone can do anything to an animal and call it animal husbandry. Click here to read more about what the Vet groups were looking for in this amendment. After considerable debate and the claim that State Representative Don Armes had offered to include that language and then had pulled it out when the bill was ready for a vote on the House Floor- this amendment failed on a voice vote.
An amendment that was accepted came from Senator Schulz specifying that no dangerous controlled substances would be used by non vet teeth floaters- that passed on a voice vote. Then the bill as amended was okayed by the full Senate, which means the bill now returns to the House where they will have to accept the amendments added to the bill in the Senate.
Higher Boxed Beef Prices- Do They Reflect Improving Beef Demand?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~It has been a robust cattle market over the last thirty to forty five days- and OSU Extension Livestock Market Economist Dr. Derrell Peel believes that we could be close to a seasonal peak for both slaughter cattle, as well as the yearling, stockers and calves. We have comments about this today with Dr. Peel on our Beef Buzz.
We have seen a seasonal move higher in recent weeks, which has been fueled by fewer pounds of beef produced this winter due to weather that slowed performance in parts of our southern plains feedlot region as well as tighter supplies of available cattle that has been predicted for quite some time by the cattle inventory numbers. With a rising boxed beef price, that move higher could also have a demand factor imbedded in it as well.
Read more about where we are on the cattle market, as well as to have the chance to hear from Dr. Derrell Peel on the current cattle market- click on the link below to jump to our Beef Buzz as heard on great radio stations around the state.
Start Looking for Your Pink Shirt- You'll need it April 16 at the Southern Plains Farm Show.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Friday April 16, 2010 has been declared "Pink Day" at the Southern Plains Farm Show- promoting Breast Cancer awareness and Supporting the Susan G Komen Foundation.
Immediately following the 1:00 performance of the cattle working demonstrations an auction will be held in the livestock equipment demo area. 100% of ALL PROCEEDS will go to the Susan G. Komen Foundation.
Some of the items in the auction will be:
In addition, chances to win an Arctic Cat ATV donated by Artic Cat will
be sold throughout the show by volunteers and Farm Show Staff.
Johnston's Grain Gearing Up for Wheat Harvest 2010
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~It's hard to believe- but we are only eight weeks away from the first of June and wheat harvest up and rolling in the state of Oklahoma. In anticipation of that time, Johnston Grain has been working to clean up and have ready an additional four million bushels of flat storage for the 2010 harvest. Joey Miebergen of Johnston's told me that many storage facilities are full right now of old crop wheat- and that Johnston's believes there will be a need to have space for new crop wheat that will be coming in June.
In addition, Johnston's is continuing to adapt facilities to be able to accept and handle spring planted crops like corn, soybeans and milo in their service area. Miebergen says that they applaud farmers who are rotating acres out of continuous wheat and adding other crops which may help them be more profitable, as well as offering the benefit of being better ground for wheat in future years as weed cycles are broken. He adds that Johnston's has been very concerned about the quality of the last couple of wheat crops- and finding ways to reduce weeds like cheat and Italian wild oats when we grow wheat is essential to lowering dockage and improving cleanliness of the wheat coming to storage.
Click on the link below for more on this story- and to hear our conversation with Joey Miebergen of Johnston's on their plans for the 2010 harvest season.
Match Cattle Numbers to Forage Resources
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Commercial cow-calf operators must become more cost-efficient to maintain or improve profit margins, making matching animals to forage resources more important than ever. Land, fertilizer, feed, fuel and labor costs continue to increase relative to the value of carcass beef and weaned calves, reminds David Lalman, Oklahoma State University professor of animal science.
Planned crossbreeding systems have been shown to increase lifetime kilogram of calf weight weaned by 25 percent compared to purebred cows. Nevertheless, breed association registration records suggest that the use of planned crossbreeding systems in the United States has declined in recent years. "Industry trends suggest that standard genetic prediction tools such as Expected Progeny Differences and selection indexes have been embraced by producers, leading to substantial change in the past 15 to 20 years," Lalman said.
Read more on this story- just click on the link below to get to the full story in the Cattle Industry Insight Section of our website, www.OklahomaFarmReport.Com.
What if we had a lousy corn crop in 2010? Seven dollar corn???
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~A University of Illinois study warns that grocery shoppers face hefty price increases if bad weather withers a U.S. corn crop that is now tethered to grain-intensive renewable fuel mandates. In the Study, economists Darrell Good and Scott Irwin say a corn shortage, coupled with surging demand to meet government-ordered ethanol standards, could push cash prices to seven-dollars a bushel, squeezing livestock producers and driving up prices for meat, milk, eggs and other farm staples.
The ag economists' study found that average yields could range from 135.5 bushels per acre with bad weather to 172.5 bushels per acre in peak growing conditions, compared with a trend yield of 156.7 bushels per acre forecast for 2010. According to the report, if weather turns sour in 2010 the nation would harvest about 10.9 billion bushels of corn, down more than 2.1 billion bushels from last year's record crop.
Dr. Good adds that livestock and poultry producers would bear the brunt of the shortfall because ethanol producers have no wiggle room under federal mandates, and export markets are historically unfazed by short-term price spikes. Professor Irwin says we believe everybody will be better off with a reasoned, well thought-out response if a crisis would occur rather than rushed, short-term solutions as the crop is burning up.
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Let's Check the Markets!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~OKC West in El Reno had just under 6,000 cattle on Wednesday and higher prices for just about all of their cattle on their final sale for March. yearling steers were $2 to $3 higher, while calves and stockers sold $4 to $8 up on the steers, and $3 to $6 up ont he females. Click here for the complete report for the OKC West market for March 31- as prepared by John and Tina at USDA Market News.
Current cash price for Canola is $7.15 per bushel, while the 2010 New Crop contracts for Canola are now available are $7.35 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:
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