We invite you to listen to us on
great radio stations across the region on the Radio Oklahoma Network
weekdays- if you missed this morning's Farm News - or you are in an
area where you can't hear it- click
here for this morning's Farm news from Ron Hays on RON.
Check the Markets!
mornings with cash and futures reviewed- includes where
the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
Each afternoon we are posting a recap of that day's
markets as analyzed by Justin
Lewis of KIS futures- click
here for the report posted yesterday afternoon around 3:30 PM.
Oklahoma Farm Report Team!!!!
Senior Editor and Writer
Calendar and Template Manager
Markets and Production
Editor and Contributor
Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Wednesday, January 13, 2016
Zippy Duvall Becomes 12th President of the
American Farm Bureau- Scott VanderWal Elected Vice President
It took three ballots on
Tuesday afternoon in Orlando- but on the third ballot, at least 177
delegates voted for George Farm Bureau President Zippy Duvall
to become the 12th President of the American Farm Bureau.
Vincent "Zippy" Duvall is a poultry, cattle and hay producer
from Greene County, Georgia, and served as president of the Georgia
Farm Bureau for 9 years. Duvall has held numerous leadership
positions in Farm Bureau and his local community.
Duvall's first act as President of the organization was a request
that he be allowed to bring his family to the podium to allow them to
share in his moment. Delegates shouted yes and the picture here is of
Duvall and his wife being shown as the new first family of
Duvall and his new Vice
President, Scott VanderWal, who is a third-generation family farmer
from Volga, South Dakota, told reporters that they were proud
products of the Farm Bureau Young Farmers and Ranchers program- and
both pointed to a strong belief in God as foundational in who they
are. Duvall told me that he is mindful that Farm Bureau needs to do a
better job of utilizing the talent developed in the YF&R program
after those young adults turn 35 years old and are out due to age.
here to read more about Zippy Duvall and audio of his post
convention news conference and his speech to delegates asking
for their vote.
An Oklahoma note- Tom Buchanan
ran a strong campaign for Vice President- but the tradition of
regional balance in the two national officers that more than one
person mentioned to me was likely a major factor in Buchanan not
winning his race.
Here in 2016, we
AgCredit as our newest Email Sponsor! Oklahoma
AgCredit is a new brand that is backed by 100 years of Farm Credit's
mission to serve agriculture. Oklahoma AgCredit is the largest Farm
Credit Association in the state with 17 locations serving 60 counties
The folks at
Oklahoma AgCredit are all about financing Oklahoma's farming and
ranching operations, rural real estate, agribusinesses and country
homes. To learn more about Oklahoma AgCredit, click here for their brand
American Farm Bureau Goes
on Record to Support Designation of Cottonseed as an Oilseed and
Eradication of Wild Hogs
On Tuesday, delegates to the 97th annual meeting of
Farm Bureau worked their way through a thick book
that includes existing policy for the general farm organization, as
well as new policies that are being put into place for the first time
here in Orlando. With just a couple of exceptions, the delegates
moved through the issues in a rapid fire fashion, with the discussion
over designating cottonseed as an oilseed taking the most time of any
Delegates discussed the pros and cons of going on record urging the
Secretary to make that designation. Several farmers from the Midwest
were concerned about the cost of adding cottonseed to the list of
commodities that would be eligible to participate in either the Price
Loss Coverage or Agricultural Risk Coverage options. An amendment was
offered to push the decision on including cottonseed as an oilseed
off to the next Farm Bill. However, southern growers quickly blasted
that idea, saying that many farmers growing cotton might not make it that
long without help.
Bureau President Tom Buchanan spoke in favor of the
designation- saying cotton farmers across the country need this help-
and he says that he has talked with Chief Economist of the House Ag
Committee, Bart Fischer, who was a key player in writing the 2014
Farm Law- and Buchanan says that Fischer believes that this is doable
and that the Secretary has the authority without reopening the 2014
Another issue that Oklahoma had a great deal of interest in was the resolution
offered to the national organization by Oklahoma- the eradication of
feral hogs. I talked with Oklahoma Farm Bureau President Tom
Buchanan about these issues that delegates approved. You can hear
their conversation by clicking here.
U.S. Wheat Prices Up on
Wheat Acreage Decline, USDA Reports Show
A huge decline in U.S. winter wheat acres across the
Great Plains was the most surprising news to come out of five crop
reports released Tuesday by the U.S. Department of Agriculture.
The decline in wheat acres to the second lowest level since 1913 sent
wheat prices climbing, according to Market Analysist Tom Leffler of
Leffler Commodities. U.S. winter wheat acres were estimated at 36.6
million acres. USDA lowered the nation's winter wheat acres by seven
percent from 2015 and acres were 14 percent lower than 2014.
The nation's Hard Red Winter (HRW) wheat acres were estimated at 26.5
million acres, down nine percent from a year ago. Leffer said that's
the lowest since 1957. Oklahoma's wheat acres were down eight percent
from last year at 4.9 million acres. Kansas was down eight percent at
8.5 million acres. Wheat acres in Texas wheat acres were down 12
percent at 5.3 million acres. Nebraska reported record low acreage at
1.28 million acres. That's 14 percent below a year ago. The nation's
Soft Red Winter (SRW) wheat planted acres were estimated at 6.72
million acres, down five percent from last year.
That's where the friendly news ended for wheat. In the U.S. grain
stocks report, Leffler said wheat stocks came in 40 million bushels
higher than what the trade was looking for and 208 million bushels
higher than a year ago. All wheat stored in all positions on December
1, 2015 totaled 1.74 billion bushels, up 14 percent from a year ago.
He said ending stocks also came in larger than expected it totaling
941 million bushels. That's 30 million bushels more than month ago.
The U.S. corn and soybean production estimates were neutral to friendly.
USDA also released the latest World
Agricultural Supply and Demand Estimates (WASDE)
report. Our Leslie Smith got analysis from Leffler. Click
or tap here to read more or to listen to the interview.
Livestock Economist Steve
Meyer Says Cattlemen Need to Adjust to Changing Times for Cattle
latest U.S. beef and pork exports as of November 2015 showed demand
momentum. Pork exports were picking up the pace and beef exports also
showed some signs of life. November exports of U.S. pork were up
eight percent from a year ago. That was the largest volume since May.
The export value was still down 13 percent from a year, but up
slightly from October. November beef exports were down one percent
from a year ago on volume, but's that was the largest volume since
June. Beef export value did drop 17 percent compared to one year
ago. I caught up with Steve
Meyer of EMI
Analytics at the American Farm Bureau annual
convention in Orlando, Florida to talk about the livestock market
outlook for 2016.
Meyer is optimistic for 2016, as he thinks beef and pork exports will
regain momentum. U.S. pork exports will finish the year positive on
volume. U.S. pork and beef exports in 2015 will be down in terms of
value because prices are significantly lower than they were a year
ago. He said pork will be up about four percent on volume and the
U.S. could make similar gains in 2016. On the beef side, the U.S. had
lower exports of beef this year, along with continued strong imports
of beef, due to the smaller U.S. cow herd and beef supply. Meyer said
most beef imports have come from Australia, but their herd numbers
have been reduced enough that those levels are not sustainable. He
looks a reduction of beef imports in 2016, which will help the trade
In looking at the current situation, Meyer said cattle producers need
to come to the reality that 2014 cattle prices are not coming back.
With better grass conditions, the nation's cow herd has been allowed
to grow. That has been shown through reduced cow slaughter and heifer
slaughter in the past year and a half. That's part of the reason
cattle prices reached record levels, but Meyer said times have
"We're on the backside of that now, so those times are
gone," Meyer said. "So you need to reset your frame of
reference from $1.50 or $1.60 fat cattle and $1.70 and $1.90 feeder
cattle, back down to something more responsible. We think we're going
to see a lot of fat cattle in the $130's, a lot of feeder cattle in
the $155 - $160. We think calves are still going to push $2."
I featured Meyer on the Beef Buzz feature. Click
or tap here to listen to today's Beef Buzz.
very proud of their Independent Agents. Boasting the best 200 farm
insurance agents in Oklahoma, every county is covered. They write
policies for small farms, country homes, hobby farms and the newest
addition, personal auto. All agents have embraced the company's ease
of doing business, coverages and rates, and excellent claim
service. FarmAssure jumped in to successfully fill a void in
Oklahoma, especially with their country home program.Click here for
more information about FarmAssure or call 800-815-7590. You'll be
glad you did.
AFBF Economist Optimistic
$5 Corn Will Return, But Farmers Have to Cut Expenses at Today's
America's farmers are extremely talented in producing
crops. Just a few years ago, farmers had strong demand from the
ethanol industry and from China, so much that domestic and
international demand was exceeding supply. Over the last few years,
U.S. grain stocks have been building and that presents a different
kind of challenge. American
Farm Bureau Chief Economist Bob Young said anytime
where demand growth is flat, U.S. agriculture has the ability to out
produce the available demand. He said until we end up with a weather
phenomenon some place around the world, it's going to be tough for
commodity prices to move higher. Young said a ten billion bushel hit
in corn production would be enough to tighten supplies and move
prices higher. He predicts some time over the next three years, corn
will get back above $5.
"I just really think that opportunity is going to present
itself," Young said. "So we need to talk about marketing
our grain, maybe in a little bit different fashion than we have
before, maybe lengthening out marketing cycles, maybe think about two
years, three years in front of us. Use crop insurance to kind of make
sure we are protecting ourselves on the other side for when those
droughts were to occur or that we would end up with a crop yield hit,
but I just think we're going to have to be very sharp as we roll
In waiting for higher prices, farmers have to deal with today's
reality by figuring out ways to cut expenses with lower commodity
prices. Young said farmers will need to look at all expenses to lower
their cost structure. This includes renegotiating land rental rates
and cutting inputs from energy to seed. He recommends farmers look at
I interviewed Young in a roundtable discussion where
we discussed cattle prices, crop insurance, demand from China, the
Trans Pacific Partnership (TPP) trade agreement and the outlook for
many mergers in U.S. agriculture. Click
or tap here to listen to the interview.
to Have the Latest Energy News Delivered to Your Inbox Daily?
broadcast journalist Jerry
Bohnen has spent years learning and understanding how
to cover the energy business here in the southern plains- Click here to
subscribe to his daily update of top Energy News.
Aids Producers in Land Management
Prescribed burning is an effective technique in land
resource management, but it must be used in a safe and proper manner.
Roberts Noble Foundation will host a Prescribed Burn
Workshop to discuss the benefits and proper use of prescribed burning
for land management. This workshop, which is open to the public, will
be held from 8:30 a.m. to 5 p.m. Tuesday, Jan. 26, at the Noble
Foundation Oswalt Road Ranch in Marietta, Oklahoma.
"Most landowners would love to be able to use at their demand,
any of Mother Nature's natural processes - especially rain,"
Stevens, wildlife and range consultant. "Fire
comes close; we can apply fire when the weather and other variables
fit the prescription outlined in a burn plan. Fire, especially when
used correctly, is a powerful and often needed process on grasslands
and woodlands of the Southern Great Plains."
This N That- Wil
Hundl Austin Bound,
Big Iron Auction Today and Bellringer Sale
Kicks Off Tomorrow
Congrats to the current Oklahoma State
Hundl- who is moving on up in the NASS
ranks. Will writes in an email to us that "I am been selected
as the Regional Director for the Southern Plains Regional Field
Office within USDA's National Agricultural Statistics Service.
The NASS Southern Plains Region comprises both Oklahoma and Texas,
and is headquartered in Austin, TX. Although I will be
working from a new location beginning February 22, 2016, I will still
be strongly connected to Oklahoma, and will continue to serve
Congrats WIl- the OKC office is losing a great leader.
is taking a week off from their regular Wednesday sale- but Next
Wednesday, January 20th the midweek sale returns -
with 509 items consigned. Bidding will start at 10 AM central
Click Here for the complete rundown
of what is being sold on this no reserve online sale next week.
If you'd like more information on buying and selling
with Big Iron, call District Manager Mike Wolfe at 580-320-2718 and he
can give you the full scoop. You can also reach Mike via email
by clicking or tapping here.
As we get rolling on 2016- the Superior Livestock folks
have got a huge number of cattle consigned for this year's Bellringer
sale that starts tomorrow morning.
Over the next couple of days- they will be selling
just over 78,000 head of cattle in the sale that is being broadcast
live from Denver, Colorado- just a few miles up the Interstate from
the National Western grounds.
thanks to Midwest Farms Shows, P & K Equipment,
& Ranchers, Stillwater Milling Company, Oklahoma AgCredit, the Oklahoma Cattlemens
Association, Pioneer Cellular,
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- at NO Charge!
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
God Bless! You can reach us at the following:
Oklahoma Farm Bureau is Proud to be the
Presenting Sponsor of the Ron Hays Daily Farm and Ranch News Email