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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 futures
- click or tap here
for the report posted yesterday afternoon around 3:30 PM.
Okla Cash Grain:
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
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|Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Wednesday, August 24, 2016
Roland Pederson and Chris Kidd Grab GOP Nominations in Their State Senate Races
The Oklahoma State Senate
is one step closer to having another pair of members directly tied to production agriculture. On Tuesday evening, the votes were counted in the August Primary Election Runoff for the state of Oklahoma- and two of the candidates we profiled yesterday morning have won the nomination of their party and will be on the November general election ballot.Roland Pederson
grabbed over 60% of the runoff vote on Tuesday in Senate District 19- winning over Enid Doctor Ross Vanhooser.
. On this campaign Facebook page last night- Pederson said simply "Thank you for your support! I'm honored to have earned your trust and vote!"
Pederson is a wheat farmer from Burlington and is a former member of the Board of Directors of the Oklahoma Farm Bureau.
In the State Senate District 31- it was a much closer race but Chris Kidd
won by less than a hundred votes- out polling Toni Hasenbeck
51.4% to 48.6%. Kidd was also short and sweet on his campaign Facebook page- "Thank you #KiddKrew
for your prayers, support and votes!"
Kidd has a cattle operation that he is a part of- and is a part of the Oklahoma Farm Bureau staff- serving as Vice President for Membership.
A third candidate that is a rancher from southeastern Oklahoma, Jet McCoy, lost in Senate District 13 to Greg McCortney by about 130 votes.
By the way- as we noted on our Facebook page- both Pederson and Kidd are alums of the Oklahoma Ag Leadership Program- and if they win in November- would join Senators Mike Schulz
and Eddie Fields
as Alums of OALP in the State Senate.
Oklahoma AgCredit serves rural Oklahoma communities and agriculture with loans and financial services. Providing loans for rural property, farm and ranch land, country homes, livestock, equipment and operating costs is all we do.
We are the state's largest agricultural lending cooperative, serving 60 Oklahoma Counties. To learn more about Oklahoma AgCredit, click here for our website or call 866-245-3633.
|Terry Detrick Steps Aside as President of American Farmers & Ranchers
The headline may surprise you- when I was first told of this, it caught me by surprise for sure- but the headline should have an asterisk beside it since the "resignation" is not happening now- but rather in February 2017- and as I reflect on previous conversations with Terry- it is consistent with the things we have talked about.
The question this old reporter immediately wonders about- who will be the next President of AFR? John Porter is the current VP- Paul Jackson is their current Secretary but perhaps the highest profile name that is a part of their leadership right now is former Oklahoma Secretary of Ag Terry Peach, who currently is serving on the AFR Board but is also the top USDA official in Oklahoma as the Director of the Oklahoma Farm Service Agency.
Who knows? For now- here's the text released yesterday by the organization:
"Terry Detrick, a farmer and rancher from Ames, Okla. is stepping aside as President of American Farmers & Ranchers, to pursue additional leadership opportunities within the organization. He has served in that position since 2009 and prior to that served AFR in many other leadership roles under three previous Presidents.
"Detrick will remain president until the 2017 AFR convention, Feb. 17-18, at which time voting delegates will elect his replacement.
"In conjunction with the announcement, Detrick said he will file for election to an open board seat designated for the northwest Oklahoma licensed agent position.
"This action will allow me to continue my goal of advancing agriculture and our insurance programs while establishing a succession plan for the organization and the next generation. I have devoted much of my life to serving agriculture," Detrick said.
to read the full announcement released by American Farmers & Ranchers.
|OSU Wheat Geneticist Brett Carver Honored With National Plant Breeding Impact Award
Dr. Brett Carver of Oklahoma State University's Division of Agricultural Sciences and Natural Resources has been named the 2016 recipient of the National Association of Plant Breeders' Plant Breeding Impact Award.
The national award recognizes an individual responsible for significant advancements in the field of plant breeding, specifically in the area of germplasm or technology development, who have demonstrated measurable impact on crop production.
An OSU Regents professor and holder of the university's Wheat Genetics Chair in Agriculture, Carver provides program direction for the nationally renowned OSU Wheat Improvement Team. The team has released 20 hard red winter and hard white cultivars since 1998, including the top four varieties planted as part of Oklahoma's 4.9 million acres of wheat planted in 2016.
Cultivars developed and released by Carver and his team are now grown on 45 percent of Oklahoma wheat acres, 15 percent of wheat acres in the southern Great Plains states and 6 percent of all wheat acres in the United States.
"Add those numbers up and you get 3.2 million acres planted annually to varieties released by the OSU Wheat Improvement Team under Dr. Carver's leadership," said Jeff Edwards, head of the OSU Department of Plant and Soil Sciences. "This is even more impressive when you consider that slightly less than 5 percent of Oklahoma's wheat acres were sown to OSU varieties prior to those developed under Dr. Carver's leadership."
"I doubt you can find a plant breeder who has had a greater practical and scientific impact than Dr. Carver," said Robert L. Bowden, research leader of the USDA-ARS Hard Winter Wheat Genetics Research Unit at Kansas State University.
A Fellow of both the Crop Science Society of America and the Agronomy Society of America - the highest honor presented by each organization - Carver also has chaired the National Wheat Improvement Committee and currently serves on the scientific advisory board of the Wheat Foods Council.
Congratulations to Dr. Carver! Read more on this momentous achievement by clicking here
|American Farm Bureau Federation Touts Poll Results Showing Good Vibes for TPP
A new poll from Morning Consult shows most voters favor fair trade - something all candidates should keep in mind as a congressional vote on the Trans-Pacific Partnership agreement comes closer to reality.
"Most Americans support free trade," American Farm Bureau Federation President Zippy Duvall said, "and most farmers do, too. Exports account for almost a quarter of American farm receipts, so opposing fair trade agreements like TPP doesn't make a lot of sense to rural America."
Among other things, the August poll found:
- Fifty-seven percent of registered voters have a favorable view of "fair trade."
- Fifty percent said they would be more likely to support TPP if they knew it would provide new markets overseas for U.S. farm products.
- After Americans were told TPP would increase net farm income by $4.4 billion and agricultural exports by $5.3 billion, 52 percent said they would be more likely to support TPP. More than half (51 percent) say an estimated increase of 40,100 jobs resulting from the agreement would make them more likely to support TPP.
Duvall says he believes the cries of the opposition will eventually be drowned out. He says the more the public comes to know about TPP and the benefits it will bring, the more our leaders will grow to support it.
to learn more on the results of the poll.
Oklahoma Genetics is proud to represent the tremendous wheat varieties that have been developed by the Wheat Improvement Team at Oklahoma State University. Varieties like Iba, Gallagher and now Bentley are the result of years of breeding research designed to help wheat producers in the southern plains to grow high yielding, high quality winter wheat.
To learn more about each of the varieties OGI represents, click here for their website. You will find a "Seed Source" with a list of where seed for each variety can be purchased for the 2017 wheat planting season.
|Cattle on Feed Report Shows Industry in Good Shape With Opportunities Arising
Dr. Derrell Peel recently shared some of his thoughts on the cattle industry, that has producers saying, "Thank goodness!" Compared to the last few years, Dr. Peel says he thinks the industry is doing just fine right now. Even with a rise in carcass weights - which is what last year's fall-off in prices are attributed to - he says there really seems nothing to worry about. He believes USDA's recent Cattle on Feed report has confirmed this.
"In general you would say that this suggests we are still being pretty current," Peel said. "The numbers we have thus far suggest that and I think the Cattle on Feed report would suggest that at this point and time we are still staying very current and we're in pretty good shape."
Peel says feedlots are on a steady path currently, operating more efficiently and effectively compared to the last few years.
Going forward, Dr. Peel suggests that strategies for cow-calf producers for the rest of the year should not need to change all that much. Though he says there is opportunity for cow-calf and stocker producers to consider retaining ownership at the feedlot. He says markets appear to be offering incentive for producers to put weight on mid-range cattle for them.
Just click here, to get the full scoop by listening to my whole conversation with Dr. Peel on yesterday's Beef Buzz.
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|Day Two- Pro Farmer Tour Scouts Continue to Find Less Corn Than USDA Projects
The report session last night for the Pro Farmer Tour across the US Corn and Soybean Belt continued the theme set from the previous evening of calling the Corn Crop in another pair of states as being smaller than what USDA predicted earlier this month.
The Eastern side of the tour estimated the Indiana Crop at 173.4 bushels per acre- seven percent smaller than what USDA predicted in their August Crop Production report. On the west leg- scouts came up with an estimated yield for the state at 158 bushels per acre- 15% under the USDA estimate for August.
The tour leader for Pro Farmer's western leg is Chip Flory
- he just posted his observations from yesterday a few moments ago- and here are a couple of his observations:
"the bean crop looks about the same as last year's... and last year was a great bean crop. As I'm writing this, lightening is flashing and rain is falling and it looks like for the first time on the 2016 western leg of the Tour, we'll have mud on our boots tomorrow morning. It'll be a great help to the soybean crop... we'll check the maturity of the corn crop in western Iowa tomorrow before deciding how much help it will bring the corn crop. But, in southeastern Nebraska, there are plenty of corn fields -- and 100% of the soybean fields -- that this "drink of water" will help.
"On to the numbers. As a reminder, what you'll get from me is the raw data... that's it. I'm not putting any "spin" on the data. But I will remind you of this, on average since 2001, the crop tour has measured the Nebraska corn crop about 15 bushels too light. That's because, historically, we pull about 40% irrigated samples and 60% dryland, which is just the opposite of the state. Nebraska is about 60% irrigated. This year, however, our irrigated samples jumped up to 44% of the 258 samples we pulled from the state. That's enough to potentially sway the yield results."
You can read his full report by clicking here
. Scrolling down from Chip's report- you will find the east leader's report- that would be Brian Grete.
Brian's main point in his summary was to highlight that Pro Farmer and USDA agree on the direction of the Indiana Corn Crop this year versus last- "For all 12 routes on the eastern leg of Crop Tour, our Indiana corn yield came in at 173.42 bu. per acre, up 21.3% from what we found on Tour last year. USDA's Aug. 1 Indiana corn yield was 187 bu. per acre, up 24.7% from last year. While the object of Crop Tour isn't to prove or disprove USDA's Aug. 1 estimate, the percentage change in yield relative to year-ago USDA found and that of what we found are in the same ballpark."
|OK Foods Presents Backpacks and School Supplies to Kindergarteners
Managers from OK Foods
distributed backpacks last Thursday filled with school supplies and nap mats to every kindergarten student at Heavener Elementary School. The supplies were purchased from funds raised at an OK Foods sponsored chicken dinner, which took place on Friday, July 29. More than 600 OK Foods employees from the local community participated in the event.
"OK Foods is proud to partner with the local Heavener community to support children," said OK Foods CEO Trent Goins
. "Our motto at OK Foods is to nourish the world, which goes beyond just food. We believe that education is essential to building a healthy community."Click here
to read the full story.
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