|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.
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:
Our Oklahoma Farm Report Team!!!!
Ron Hays, Senior Farm Director and Editor
Carson Horn, Associate Farm Director and Editor
Pam Arterburn, Calendar and Template Manager
Dave Lanning, Markets and Production
Macey Mueller, E-mail and Web Writer
|Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Friday, September 2, 2016
Japan Expresses Continued Confidence in US Wheat, Ending Suspension on White Wheat Imports
U.S. Wheat Associates (USW) and the National Association of Wheat Growers (NAWG) are pleased that Japan's Ministry of Agriculture, Forestry and Fisheries (MAFF) resumed tenders this week for new purchases of U.S. Western White (WW) wheat, a blend of soft white and club wheat. On Sept. 1, 2016, MAFF announced it had purchased 58,000 metric tons, or more than 2.13 million bushels, of WW for delivery in October.
MAFF had temporarily suspended new WW purchases following the announcement on July 29, 2016, by USDA's Animal and Plant Health Inspection Service (APHIS) that a small number of wheat plants containing an unapproved, genetically engineered (GE) event to resist the herbicide glyphosate were found in a fallow field in eastern Washington State.
USW and NAWG believe that this unexpected situation caused only a minor disruption in trade because every stakeholder approached it in a reasonable way. APHIS promptly identified the regulated wheat event, validated a detection method developed by Monsanto and made that test available to officials in Korea and Japan. Effective communications between government officials, including USDA's Foreign Agricultural Service, the grain trade companies and customers kept the process moving in a positive way.
As a result, APHIS, MAFF and the Korean government have now tested thousands of samples of U.S. wheat and found no evidence of any GE material in commercial supplies, which reaffirms the conclusion that this was a limited, isolated situation.
The productive relationships wheat farmers and their representatives at USW, NAWG and state wheat organizations have built with customers at home and around the world also played an important part in resolving this incident.
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.
|Dr. Kim Anderson Reveals the Biggest Mistake Wheat Farmers Could Make Right Now
Oklahoma State University Extension Grains Market Analyst Dr. Kim Anderson recently released his latest analysis on the current outlook of the wheat market in Oklahoma. He shares his findings with Radio Oklahoma Network below and offers strategy advice for producers marketing their grain.
"World wheat ending stocks are projected to be a record 9.3 billion bushels. For wheat prices to be above $5, world wheat ending stocks need to be less than eight billion bushels. This implies that 2017/18 world wheat marketing year production needs to be less than 25 billion bushels compared to a projected 27.3 billion bushels in 2016/17.
"A good example of the world's excess of wheat is Oklahoma's wheat in storage. Oklahoma grain handlers may be storing 10 million bushels of wheat in temporary bunkers and bags. On June 1, 2015, the USDA estimated Oklahoma off-farm stored wheat to be about 40 million bushels. Oklahoma wheat production in 2015 was 98.8 million bushels. On June 1, 2016, the USDA estimated off-farm stored wheat to be 70 million bushels (a 30-million-bushel increase).
"The 2016 Oklahoma wheat crop is estimated to be 132 million bushels. If a 100-million-bushel crop resulted in an additional 30 million bushels in storage, how much will 132 million bushels production increase off-farm storage of wheat? With no change in demand, off-farm stored wheat would increase to 132 (70 + 62) million bushels on June 1, 2017.
"Between now and harvest, Oklahoma wheat prices could be as low as $2 or as high as $3.50. The good news is that as long as the cash price is below the loan rate, the cash price plus the LDP will change very little. The biggest mistake producers can make is to take the LDP without selling their wheat."
|American Farm Bureau Foundation Launches New Beef Education Resource Web Page
The American Farm Bureau Foundation for Agriculture has launched an updated beef resources web page dedicated to sharing nationally focused beef education tools with teachers, volunteers, farmers and ranchers.The site features a new video highlighting the Foundation's 2016 On the Farm STEM event and its impact on district- and university-level STEM coordinators. "We are excited to debut this online educational resource featuring professional development events for science, technology, engineering and mathematics teachers, educators and coordinators who are looking for real-world applications of STEM concepts," said Julie Tesch, executive director of the Foundation. Educators who are interested in professional development events in 2017 can find information on the application process online. The Beef Checkoff Program funded development of the On the Farm events and supporting resources. The Beef Checkoff Program was established as part of the 1985 farm bill. The checkoff assesses $1 per head on the sale of live domestic and imported cattle, in addition to a comparable assessment on imported beef and beef products. In states with qualified beef councils, states retain up to 50 cents of the dollar and forward the other 50 cents per head to the Cattlemen's Beef Promotion and Research Board, which administers the national checkoff program, subject to USDA approval.
The U.S. Grains Council (USGC) recently conducted a roadshow in Mexico to promote better business relationships between sorghum importers and U.S. grain cooperatives and offer potential buyers the latest information about this year's sorghum crop.
"The tour allowed us to meet buyers face to face," said Manuel Sanchez, USGC manager of global trade. "It's important that we develop these relationships across the country to ensure sorghum's continued adoption."
As the top importer of U.S. corn and barley and second largest importer of distiller's dried grains with solubles (DDGS), Mexico is an important market for U.S. feed grain exports. With the poultry, swine, dairy and beef industries continuing to grow consistently, the chance for end-users to learn more about sorghum and its applications has the potential to increase development in these industries.
Stops on the roadshow included visits to potential customers in Monterrey, Laredo, Guadalajara and Merida, where representatives showed and shared details about sorghum, current crop conditions and buying considerations.Click here to read more
- and a chance to see a video on the Roadshow work in Mexico on behalf of US Sorghum producers.
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.
|No Preconditioning Strategy Complete Without the Proper Documentation
When it comes to marketing preconditioned calves, Extension Beef Veterinarian Dr. AJ Tarpoff says proper documentation is key to being successful in the marketplace. He told me in a recent interview that there are a lot of preconditioning program strategies out there, and if you use any of those elements in your own operation, he says be sure to make it known."If you do everything a part of these programs, make sure its well-known that - 'hey, they had these rounds of shots, they've been weaned for 45 days, or longer,'" Tarpoff said. "Those are all good things that we can market on and should be capitalized upon."Dr. Tarpoff insists that using programs such as VAC-45, have been shown that it will add dollars to a producer's bottom line. He suggests working with your local vet to access the full spectrum of preconditioning options available that can be applied to your strategy. He asserts that preconditioned cattle have less risk associated with them and therefore will be more appealing to feedlots."Feedlot operators, they love to decrease their amount risk in the marketplace. So when they know that they have a verified preconditioned animal," Tarpoff said, "they're willing to pay more for that because it helps them on the other end."Most importantly though, says Dr. Tarpoff, is to have a plan in place."Prepare in advance - have a plan," Tarpoff said. "You can always change a plan if something is not going quite correct."Listen to Dr. Tarpoff explain further how a well-planned preconditioning strategy will help market your cattle during the latest Beef Buzz.
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|FAPC Tackles Food Safety During Tailgating Season
Football season is here, and many fans are holding tailgates to cheer on their favorite teams. Oklahoma State University's Robert M. Kerr Food & Agricultural Products Center wants to keep your food safe and recommends food safety tips for those participating in tailgating activities.
"Roughly one out of six people get sick from foodborne illness," said Ravi Jadeja, FAPC food safety specialist. "Following simple food safety procedures and reducing foodborne illness can keep many people from getting sick. With tailgating season upon us, it is important to remember proper food handling and cooking techniques so your tailgate does not sideline your guests."
Tips include storing perishable foods, food preparation, preparing the grill, grilling safety and safety during and after tailgating.
Click here for detailed food safety tips to ensure you have a fun and safe football season.
|Plains Grains Declares HRW Harvest for 2016 is Done- And We Ended Up With a Decent Quality Crop
In what is one of the final reports of the wheat harvest season for Plains Grains
, the group says that the 2016 Hard Red Winter Wheat Harvest is now complete- from south to north. They wait on the final samples of wheat from northern belt fields to be tested for a complete report of this major class of US Wheat. Test Weights held above sixty pounds per bushel from start to finish- and protein stayed about one percent under the 2015 crop from start to finish.
The summary paragraph of the report follows:
"The 2016 HRW wheat harvest is now complete. Overall, wheat producers have reported very good yields and very good kernel characteristics in all areas. Early in the harvest season the southern states were plagued with rain delays and concerns about what continued wet conditions would do to quality. However, most issues were local in nature and contained, test weight was the most common complaint with only slight reductions being reported. The moisture causing concern for the southern states turned out to help the crop from the middle of Oklahoma northward into Nebraska. While the moisture was too late to help Texas and the southern half of Oklahoma due to plant development stage, northern Oklahoma, all of Kansas, Colorado, and Nebraska experienced near perfect kernel development conditions."Click here to read more and to review the data
collected on this year's HRW wheat crop from south to north.
|This N That- Labor Day Weekend Notes and Real Friends- and Co-Laborers
We have arrived at what some folks consider the traditional end of summer- the Labor Day Holiday Weekend. Uncle Sam and other governmental offices take Monday off- Banks are closed- Ag Futures and the Equity Markets go quiet and our Auction Barns that sell on Mondays are taking the day off as well.
We will not do an email on Monday morning- but will be back on Tuesday AM with lots of good stuff for you.
I feel like I have several very successful children in the agricultural media- two of them come to mind this morning as we head into the Labor Day holiday.
Cyndi Young worked for us back in the 1990 time frame- had just kicked off her career at a radio station in Springfield, Illinois- was a rising star and she came to the southwest for a season to be our Associate Farm Director for the Oklahoma Agrinet for a little over a year. She was(and still is) a blessing to me and my family in that time.
She's all grown up- and one of the most influential farm broadcasters in the US these days- as the Farm Director for the Brownfield Network- they cover multiple states and have a excellent team of radio professionals that report to Cyndi.
I mention Cyndi because she regularly writes a commentary- sometimes on ag related stuff- and sometimes on life. Her latest endeavor is on the latter- and I enjoyed and thot I would share it with you- this email puts me into your inbox every morning- but the real value of it comes when I am out and about- and someone mentions- I read where you were at.... or saw you talked to ... or enjoy making that one of the first things I read every morning.
It's those personal interactions because of the email that I cherish- and Cyndi opines in her column about Real Friends- talking about some of her long standing friendships and how that fits into today's Facebook world. Click here and give it read- I think it might inspire you to give some thought this Labor Day weekend about who you count among those "real friends" that bless your life.
The other "young buck" that we labored with us for a season is Carey Martin- who now works for the Louisiana Farm Bureau. Carey worked for us- as well as for KVOO in Tulsa for a short time- headed to cajun country where he worked as a field rep for that state's Farm Bureau for several years- and a year or so ago- moved to their home office in Baton Rouge in charge of their Public Relations efforts- yep- the city that ended up underwater a few days back.
Carey and family had just moved into a home about three weeks before the flood filled the first floor of it with five feet of water- and he has had videos of kayaking around the property and into the living room- mindblowing.
He and his family are safe- they have had Farm Bureau family and others help- and he told me that he had bought the maximum amount of flood insurance you could buy- so they will recover. But- I mention Carey to you to remind you to pray for those folks in Baton Rouge that are still dealing with mold and mud and the stuff in their lives that is now junk- they need our prayers and as you can- our help.
Folks like Cyndi and Carey have blessed my life as co-laborers in years gone by- and remind me of why I love this business of reporting about agriculture- and reporting to farmers and ranchers- thank you for the opportunity to be a part of your information gathering team!
God Bless! You can reach us at the following:
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