From: Ron Hays [ron@oklahomafarmreport.ccsend.com] on behalf of Ron Hays [ronphays@cox.net]
Sent: Tuesday, December 22, 2015 7:08 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update


 
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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.
 
  
Big Iron   
 
Let's Check the Markets!  
 
   
 
Today's First Look:  
 
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 Futuresclick here for the report posted yesterday afternoon around 3:30 PM. 
 
 
Okla Cash Grain:  
Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture.  (including Canola prices in central and western Oklahoma)
 

 
Futures Wrap:  
Our Daily Market Wrapup from the Radio Oklahoma Network with Leslie Smith and Tom Leffler- analyzing the Futures Markets from the previous Day. 
 
Feeder Cattle Recap:  
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
 
Slaughter Cattle Recap: 
The National Daily Slaughter Cattle Summary- as prepared by the USDA.
 
TCFA Feedlot Recap:  
Finally, here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.


 
Our Oklahoma Farm Report Team!!!!
 
Ron Hays, Senior Editor and Writer
 
Pam Arterburn, Calendar and Template Manager
 
Dave Lanning, Markets and Production
 
Leslie Smith, Editor and Contributor

 
Oklahoma's Latest Farm and Ranch News

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Your Update from Ron Hays of RON
   Tuesday, December 22, 2015
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
Featured Story:
WTOConference WTO Meeting Concludes- An Agreement on Reducing Tariffs Keeps Trade Body Relevant
 

The World Trade Organization closed its 10th Ministerial Conference with an agreement that will set a new direction for agricultural trade negotiations. The five-day conference that concluded over the weekend featured a deal between the WTO participating countries that will reduce tariffs on ag products and achieve disciplines on the use of export credits.

House Ag Committee Chair Mike Conaway of Texas offered appreciation to the efforts of US Trade Rep Michael Froman in working to end export subsidies.

Chairman Conaway says "the agreement reached in Nairobi was never expected to reduce the high foreign tariffs that obstruct much of our agricultural trade nor eliminate escalating foreign domestic farm subsidies. Efforts in regard to these two pillars of free trade have for many years now proved to be intractable as our trading partners have consistently refused U.S. offers to achieve meaningful reductions in these areas.

"I agree with Ambassador Froman's appraisal that progress toward freer trade and a level playing field for American farmers and ranchers must be pursued in contexts outside of the 'failed construct' of the Doha Round, including focused agreements such as the one reached in Nairobi."

Conaway adds that there worries coming out of the Nairobi sessions- most notably some of the trading practices of countries like India and China- but believes that the US negotiators held their own.

Click here to review the complete statement from Chairman Conaway on the WTO ministerial.


Click here for U.S. Representative Michael Froman's reaction to the 10th Ministerial Conference.


Click here for reaction from Bob Stallman, President, American Farm Bureau Federation.

Sponsor Spotlight
 
It's great to have one of the premiere businesses in the cattle business partner with us in helping bring you our daily Farm and Ranch News Email- National Livestock Credit Corporation.  National Livestock has been around since 1932- and they have worked with livestock producers to help them secure credit and to buy or sell cattle through the National Livestock Commission Company. 

They also own and operate the Southern Oklahoma Livestock Market in Ada, Superior Livestock, which continues to operate independently and have a major stake in OKC West in El Reno. To learn more about how these folks can help you succeed in the cattle business, click here for their website or call the Oklahoma City office at 1-800-310-0220.
 
 
PeelAnalysisDid the Grinch Bring Back Christmas? Peel Analyzes End of the Year Cattle Markets

Mondays, Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry. This analysis is a part of the weekly series known as the "Cow Calf Corner" published electronically by Dr. Peel and Dr. Glenn Selk


Perhaps the Grinch's small heart grew a bit as cattle markets get some good news to end the year. Last Friday's strong limit up futures trading for Live and Feeder cattle is encouraging that perhaps a bottom is in place. However, it remains to be seen what the follow-up trading will be this week. The holiday period is a difficult time to establish a new market trend and is it quite impossible to predict or even interpret market actions during holiday disrupted trading. Nevertheless, an array of good news the past few days revives Christmas hope for cattle markets.


The latest Cattle on Feed report was the most bullish in several months and is a reminder that cattle markets, especially with respect to numbers, is nowhere near as bad as recent market prices would suggest. The December 1 feedlot inventory was fractionally lower compared to one year ago. November feedlot placements were down more than expected at 89 percent of year ago levels. This is the fifth consecutive month of year over year placement declines. Only twice this year have monthly feedlot placements exceeded year earlier levels and, in fact, placements have decreased 18 of the past 21 months going back to March of 2014. November feedlot marketings were 104 percent of year ago levels. The feedlot marketing rate in November, like October, was much improved over recent months, helping to restore feedlot currentness.  Click or tap here to read more about Peel's analysis of slaughter data, repeal of Country-of-Origin Labeling and the outlook for cash and futures trading.

DairyCheckoffDairy Industry Gaining Trust for Milk and Butter Products, Insight from National Dairy Council Chairman

Agriculture has to work to adapt to the changing needs of today's consumers. Dairy farmer Jerry Messer of North Dakota serves on the Midwest Dairy Association and National Dairy Council. As chairman of the National Dairy Council, he oversees the checkoff efforts nationally for the dairy industry.   He said the council aims to understand what consumers want. In reaching millennials and consumers in general, Messer said dairy farmers have to get out there and tell their story through social media.


"So that consumers understand what we're doing on the farms and why we doing it on the farms and communicating that back to them and what it means to them, as far as having a secure wholesome and healthy product," Messer said.


The National Dairy Council wants consumers to get back to drinking more milk. Over the last ten years, the National Dairy Council has conducted research to document the benefits of consuming milk fat. Messer said nationally their studies are starting to be recognized in showing milk fat is a healthy part of the diet. Recently, McDonald's announced they will be serving 100 percent pure butter in every restaurant. That creates a huge boost in demand.


"That means a lot of us as dairy farms," Messer said. "We're talking about 600 million pounds of milk equivalent per year, which is almost the same as what we exported last year for butter."


I also talked with Messer about the nation's dietary guidelines and how the dairy checkoff aims to maximize funding.  Click or tap here to listen to the full interview.

ArnallOklahoma Rains Bring Need for Nutrient Management in Wheat and Canola

Oklahoma's wheat crop has gone into the winter in better shape than previous years. With adequate moisture, the crop has a better stand and early season growth. In having record moisture in November, Oklahoma State University Precision Nutrient Management specialist Dr. Brian Arnall said having more soil moisture changes nutrient management for the winter wheat crop.


"A lot of our crop is using through that nitrogen that was applied early," Arnall said.


If farmers applied only a starter fertilizer, Arnall said they need to consider making that nitrogen application as soon as the crop begins to dry out. If farmers applied nitrogen prior to planting, he said the crop is probably doing alright, but it will depend on the soil type. In fields with coarse or sandy soils with a lot of bio-mass production, he said those soils that have good drainage will allow for moisture to move nitrates down. Farmers will need to monitor and scout fields regularly. Arnall recommends farmers watch the lower leaves because nitrogen deficiency will show up in the oldest leaves first with yellowing.


Phosphorous levels should be alright, if farmers applied adequate levels. With colder temperatures, Arnall has noticed some fields did not receive adequate phosphorus. He believes there still will be opportunities to apply phosphorus this winter, but time is limited.  I also talked with Arnall about nutrient management in canola.  Click or tap here to listen to the interview.
  
Sponsor Spotlight 
 
For nearly a century, Stillwater Milling has been providing ranchers with the highest quality feeds made from the highest quality ingredients.  Their full line of A&M Feeds can be delivered to your farm, found at their agri-center stores in Stillwater, Davis, Claremore and Perry or at more than 100 dealers in Oklahoma, Arkansas, Kansas and Texas. 

We appreciate Stillwater Milling's long time support of the Radio Oklahoma Ag Network and we encourage you to click here to learn more
about their products and services.   

BoxedBeefBig Loss in Choice Cutout Stimulates Out-Front Boxed Beef Sales

On a regular basis, Ed Czerwein of the U.S. Department of Agriculture Market News Office in Amarillo, Texas offers a review of the previous week's boxed beef trade. Here is the weekly boxed beef trade for week ending December 19. The daily spot Choice boxed beef cutout ended the week last Friday at $194.14 which was $8.36 lower compared to previous Friday. However the Select Cutout was only 8 cents lower because the big loss in the choice cutout was the Choice Rib that takes a normal seasonal decline in mid-December.


There were 697 loads sold for the week in the daily box beef cutout compared to 836 loads previous week.   It was about 11 percent of the total volume.


The comprehensive or weekly average Choice cutout which includes all types of sales including the daily spot cutout was $197.68 which was $4.46 lower.


There were 6,290 total loads sold which was 90 loads lower than the previous week. The formula sales were at 3,255 loads which was 334 loads lower than last week and was 52 percent of the total loads sold this week.  Click or tap here to read more or to listen to Czerwein's boxed beef report.

Want to Have the Latest Energy News Delivered to Your Inbox Daily?
 

Award winning 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.

 

FoodSafetyTop 10 Food Safety Tips for This Holiday Season

The Christmas season is here, and many will be gathering around the dinner table devouring their favorite holiday meals.


Oklahoma State University's Robert M. Kerr Food & Agricultural Products Center wants to make sure you keep food safety tips in mind when preparing those holiday meals.


"The Centers for Disease Control and Prevention estimates that each year about 1 in 6 Americans get sick from foodborne diseases," said Peter Muriana, FAPC food microbiologist. "While the U.S. food supply is one of the safest in the world, food safety during the holidays is a must in order to prevent bacteria from growing and causing illness."


Muriana suggests the following food safety tips to ensure your holiday meal is not only delicious, but also safe.  Click here for the Top 10 food safety tips.

DroneHere's the Poop on Registering Your Drone with Uncle Sam
 

The FAA has gone live with their webpages on registering your drone for free for the next 30 days.

According the agency, "Registration is free for the first 30 days with a rebate, then $5 after that.

"During the registration process, each owner must provide his or her name, home address and e-mail address. When registration is complete, the web application will generate a Certificate of Aircraft Registration/Proof of Ownership including a unique identification number for the UAS owner, which must be marked on the aircraft.

"Owners using the model aircraft for hobby or recreation will only have to register once and may use the same identification number for all of their model UAS. The registration is valid for three years."

More details are on FAA website- click here to jump over there.

Our thanks to Midwest Farms Shows, P & K Equipment, American Farmers & Ranchers, KIS Futures, Stillwater Milling Company, Farm AssureCROPLAN by Winfield, Pioneer Cellular , National Livestock Credit Corporation and the Oklahoma Cattlemen's Association 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!

 

 

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  

 

 

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phone: 405-473-6144

 

 




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