~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Tuesday June 1, 2010A service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS Futures!
-- Harvest Making Effort to Get Going in Southwestern Oklahoma
-- HSUS Being Treated Unfairly by HumaneWatch and Others
-- Yet Another Dairy Buyout is Underway
-- Extent of Beef Demand Improvement in 2010 Still an Unknown
-- Sorghum Checkoff to Showcase New Herbicide Technology
-- DCP and ACRE Signup Deadline June 1- THAT'S TODAY!
-- Kris Black's Cream of the Crop Sale Coming June 5
-- 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 proud to have KIS Futures as a regular sponsor of our daily email update. KIS Futures provides Oklahoma Farmers & Ranchers with futures & options hedging services in the livestock and grain markets- Click here for the free market quote page they provide us for our website or call them at 1-800-256-2555.
We are also excited to have as one of our sponsors for the daily email
Producers Cooperative Oil Mill, with 64 years of progress through
producer ownership. Call Brandon Winters at 405-232-7555 for more
information on the oilseed crops they handle, including sunflowers and
canola- and remember they post closing market prices for canola and
sunflowers on the PCOM
website- go there by clicking here.
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Harvest Making Effort to Get Going in Southwestern Oklahoma
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~While portions of Oklahoma got heavy downpours over the Memorial Day weekend- southwestern Oklahoma saw little precipitation- but even with the mostly dry conditions, many wheat fields are simply not yet quite ready. We got an email update from Mike Cassidy of Cassidy Grain in Frederick Monday night- here's what he told us:
"Harvest is picking up today(Monday); however, we are getting into some
fields that just aren't quite ripe yet. Test Weights are good, moisture is
"We don't have a good feel for yields yet. Hailed on wheat averaged
21.0 bpa. One other field 47 bpa. I still believe we will harvest an
Thanks to Mike for this update- and we remind those of you harvesting either wheat or canola- give us updates(including pics when you have them) as things are happening. Have you pushed your canola yet? What sort of yield are you seeing? For our wheat harvest folks- would love to hear about variety, test weights, moisture and yield. Email me your reports to firstname.lastname@example.org- the link to jump you to our email address is at the bottom of today's email.
HSUS Being Treated Unfairly by HumaneWatch and Others
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Wayne Pacelle of the Humane Society of the United States says that his group is being treated unfairly by those who are buying the arguments against HSUS by groups like the Center for Consumer Freedom. We explore that concept with comments from Pacelle on our Tuesday Beef Buzz- as heard on great radio stations across the state on the Radio Oklahoma Network.
It's been noted more than a few times that less that one-half-of-one-percent of funds raised by the animal welfare group The Humane Society of the United States actually goes toward helping Humane Societies across the Country. HSUS CEO Wayne Pacelle claims the tie between his group and local humane societies was never intended to include a pass through of funds from the HSUS to the local animal shelters.
You can read more on this story- and hear Pacelle's arguments by clicking on the link below. And- we have a link to the website that has caused a lot of the heartburn Wayne Pacelle is experiencing- HumaneWatch.Org.
Yet Another Dairy Buyout is Underway
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Cooperatives Working Together (CWT) announced its tenth herd retirement program since 2003, accepting bids from May 28 through June 25. CWT, funded by dairy cooperatives and individual dairy farmers, said the decision was made after reviewing economic benchmarks including cull rates and cull cow prices. The most recent prior retirement program was conducted in the fall of 2009.
"With beef prices very strong, and replacement cow and springer prices still relatively low, CWT has determined that it will consider bids up to, but not to exceed, $3.75 per hundredweight (of milk production)," said Jerry Kozak, president and CEO of the National Milk Producers Federation, which manages CWT.
As was the case in 2009's herd retirement rounds, CWT has no set target
for the volume of milk or the number of cows to be removed in this herd
Extent of Beef Demand Improvement in 2010 Still an Unknown
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~According to Dr. Derrell Peel of OSU, we have had help from both the supply and demand side of the beef market equation in 2010- boosting cattle and beef prices in the process. On our website, we have a complete analysis from Dr. Peel that he has provided us to look at the factors of this cattle market as we start down from the price peaks of spring. Here are some of the highlights:
"There is no doubt that the faster and stronger than expected improvement in cattle and beef markets so far this year was due to unexpected help from both the supply and demand sides of the market. On the supply side, the obvious tightness of cattle numbers was supported by weather impacted carcass weights that stimulated currentness in fed cattle marketings and is still benefiting the market at this time. Moderating feed grain prices and generally good forage conditions around the country have supported both feedlot and stocker demand for feeder cattle. However, demand has helped too and it is more difficult to get a handle on just how much demand has improved and whether there is a trend in place that we can count on in the second half of the year.
"There are several factors affecting demand both fundamentally and psychologically. Arguably, most of the improvement so far is more psychological than fundamental. Fundamental factors such as unemployment and the overall labor situation have not improved much yet. However, there are indications that, while consumers have a long road ahead to heal their personal financial woes, a good bit of the uncertainty that paralyzed consumer spending the last 18 months is beginning to decrease. People that are employed are less concerned about losing their jobs and are beginning to return to somewhat more normal spending patterns. One of the unknowns is how much consumer spending may be permanently changed by all this. Certainly there is a need for personal savings rates in the U.S.to remain higher than prerecession lows and that suggests that consumer spending as a percent of disposable income would remain lower than before.
"There is nevertheless a likelihood that consumers will return to more familiar spending patterns and this will help, not only total beef demand in terms of quantity, but importantly will lead to a switch back to more middle-meat based demand. Restaurant performance surveys continue to show improvement based in part on better sales recently but also on expectations for coming months. However, the rate of improvement of the index is fairly slow. This is likely to be an on-going process over many months and possibly years. One of the questions in the very short run, that may well present the first real test of how much demand has improved, is that much of the recent wholesale beef price increase has not been fully reflected in retail prices. The post-Memorial day assessment of the holiday weekend and the resiliency of boxed beef prices into June will be an important indicator."
Sorghum Checkoff to Showcase New Herbicide Technology
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The Sorghum Checkoff program is planning to sponsor grower field days in numerous states to demonstrate DuPont's over-the-top herbicide technology trials. These trials are intended to test how this new technology will perform in various climates and conditions. "Field trials are meant to expose producers to new technology," sorghum producer Bill Kubeka said. "This new technology will allow sorghum to be a more competitive crop."
Growers that are interested in learning more about this technology and want to see them in the field should plan to attend. The Sorghum Checkoff will sponsor field trials in Oklahoma, Kansas, South Dakota, Nebraska, Colorado, Louisiana, Missouri, Arkansas, Texas, New Mexico and Tennessee. To learn more about field trials in your area, click on the link below for the Sorghum Checkoff website. Express your interest using the Contact Us form in the top right hand corner of the website.
This new technology will allow producers outstanding weed control and flexibility in crop rotations. Herbicides used for weed control in other crops make the rotation to sorghum difficult because sorghum has little resistance to these products. The development of a resistant variety will allow growers the option of planting sorghum following other crops. Growers could potentially expect to see this new technology available for limited release by 2012.
DCP and ACRE Signup Deadline June 1- THAT'S TODAY!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~There will be NO extension for signup in the 2010 farm program if you don't get the job done by close of business today at your local FSA office. If you grow program crops- you are leaving money on the table by not signing up for the 2010 farm program. At least one leg of the three legged stool of support will be paid out- the Direct Payments. (and those of you in extension and agribusiness- make sure the folks you work with know this is it- farmers either sign up today- or face no chance to do so later)
One of our good readers pointed out to us that the deadline for proving your yields for the 2009 crop year is not necessarily today- in most situations, it is still several weeks away- but still, that's a job that will likely make you money if your average wheat yield is better than the average yield in your county and you signed up in 2009 for the ACRE program.
I want to refer you back to a conversation that we had with Francie Tolle, State Director of the Oklahoma FSA office in Stillwater a couple of weeks ago. She is concerned about those who have put off signup until the last minute- if you are trying to give this lovely lady gray hair- shame on you! You can click on the link below and hear that conversation that we had with her on 2010 Farm program signup and more- and if you are one of those still not signed up- you got just hours to get it done.
Kris Black's Cream of the Crop Sale Coming June 5
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The Kris Black Cream of the Crop Female and Bull Sale will begin at noon, Saturday, June 5th at the Ranch just north of Cheyenne, Oklahoma.
Nearly 600 head will sell, featuring 500 Fall calving bred heifers and cows,60 Spring Calving Pairs and 30 herd bull prospects ready to turn out. As always, this is a program known for quality and customer service. You can view the cattle anytime during this week- ahead of the sale.
Kris Black writes in the 2010 catalog "Once again we are offering a volume of quality cattle in the 9th sale. They are deep, diverse and right on target for major club calf production. There is a wealth of quality cattle from the bred heifers, all the way to the tremendous set of spring pairs with A.I. calves at side. The sire groups are impressive and exemplary of our goals."
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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 $7.20 per bushel, while the 2010 New Crop contracts for Canola are now available are $7.20 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:
God Bless! You can reach us at the following: