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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.
Let's
Check the Markets!
mornings with cash and futures reviewed- includes where
the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
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
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Oklahoma's Latest Farm and Ranch News
Presented by
Your Update from Ron Hays of RON
Friday, February 26, 2016
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news
update.
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Busy Busy Friday and Next Week Promises More of
the Same for Many Folks involved in Oklahoma Agriculture
We are putting the finishing touches on this morning's
email in Ardmore, as we get ready to emcee the 2016 Texoma
Cattlemen's Conference, hosted by the Ag Division of the Noble
Foundation.
The program looks like a dandy- with a nice mix of OSU
experts, Noble Foundation folks and even an end of the day political
analysis with an old friend of mine- Roger Bernard of Informa
Economics.
Also happening today is the Oklahoma
Pork Congress in Norman- we hope to see lots of friends there are
the end of the day at their annual Banquet.
And- Superior
Livestock is on the road with one of their regular Auctions- live
at the Embassy Suites in Oklahoma City starting at 8:00 AM this
morning.
Next week- the Oklahoma
No-Til Conference happens on Tuesday and Wednesday- and we will
be reporting from a variety of venues associated with the 2016 Commodity Classic
down by the muddy Mississippi later in the week- Commodity Classic is
the joint meeting of groups that represent wheat, grain sorghum, corn
and soybeans.
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them secure credit and to buy or sell cattle through the National
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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
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Oklahoma
FFA Celebrates FFA Week as State Officer Team Issues Hunger Challenge
to Every Chapter in the State
Members
of FFA Chapters across the country have been celebrating National FFA
Week. FFA Week always runs Saturday to Saturday and encompasses Feb.
22, George Washington's birthday. This year, the week kicked off on
February 20 and culminates tomorrow on the 27th.
In Oklahoma, one of the traditions of National FFA Week
is for the State Officers of Oklahoma FFA to travel across the state
and make visits to local chapters, as well as "thank you"
stops at many of the sponsors who help make statewide programs possible
through their contributions to the Oklahoma FFA Foundation. In and
around those visits, we caught up with the President of the Oklahoma
FFA, Drake Boyce
from Cheyenne, Oklahoma.
Boyce
is serving his second year as a state officer, and is a student at
Oklahoma Baptist University in Shawnee. He and his fellow officers
are very busy at this time of year, as they juggle school with
preparation for the 2016 State Convention of the Oklahoma FFA that
happens this year April 25-27 at the Cox Convention Center in
downtown Oklahoma City.
We talked about Drake's year as State President, FFA
Week and a statewide challenge that the 2015-2016 State Officer Team
has made to every chapter in the state of Oklahoma. The Hunger
Challenge is a continuation of efforts from the last couple of years,
which has seen Oklahoma FFA become the top state FFA in the country
in serving their state in generating food donations.
The goal for this spring is to have every FFA
Chapter in the state participate- and generate donated animals and
funds to give a million meat protein sticks to the two regional Food
Banks in Oklahoma when the campaign is complete.
Click
here to read more about the Hunger Challenge- and to hear our
conversation with this immensely talented leader of the Oklahoma
FFA- and on
Saturday morning- Drake Boyce will be my guest on our In the Field
segment that is seen during the morning news block at 6:40 am or so
on KWTV, News9.
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Despite Current Corn
Glut, US Grain Council Analyst Sees China as a Feed Grain Importer in
Future Years
China's demand for animal products will continue to
rise in the coming years, driving demand for feed grains including
from imports, said Dr.
Bryan Lohmar, director of U.S. Grains Council
programs in China at the U.S. Department of Agriculture's (USDA's)
Agricultural Outlook Forum being held this week in the Washington, DC
area.
Lohmar spoke as part of a panel examining China's economic situation
and it's impact on agricultural markets. He walked the overflow crowd
through multiple estimates of production and consumption numbers out
of the country - which vary more widely than they do in other
countries - as well as his scenarios for how these changes will
impact feed grain demand.
He believes that China will try to produce a lot of
their own meat protein- and that will help drive continued feed grain
imports into China for years to come.
Dr.
Fred Gale of the USDA ERS also weighed in on
the Chinese grain situation. Gale reviewed how changes
within the Chinese economy have affected ag imports, with major
commodities down significantly in value while feed ingredients and
commodities related to consumer consumption are up overall.
China
has a quota that limits imports of corn, so imports of corn
substitutes have boomed to 37 million metric tons, displacing corn
that then adds to China's grain reserves.
He said that while China thought they would run out of
corn a few years ago, they now have "a massive glut" of the
commodity and local prices that have diverged from global prices such
that Chinese corn is now twice the cost of Iowa corn.
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Talking Cattle and Beef
Prices- and Tremendous Wheat Pasture with OSU's Derrell Peel
The
calendar reminds us that we are well into the new year of 2016- and
OSU Extension Livestock Market Economist Dr. Derrell Peel
says that 2016 will look quite a bit different than the wild market
ride that 2015 took cattle producers on. In today's Beef Buzz, Dr.
Peel tells us that the hard adjustment down in cattle prices seen in
the second half of 2015 will likely not be repeated in 2016, although
we could see markets slide somewhat lower, depending on overall meat
protein supplies of beef, pork and poultry.
Peel
expects cattle prices to not be a lot different at the end of 2016,
compared to the prices seen in the first few weeks of the year. He
does anticipate that domestic beef supplies will see growth compared
to a year ago, while pork and poultry supplies may end up going
sideways much of this calendar year.
Meanwhile here in Oklahoma- a very pleasant surprise
has been the amount and condition of winter wheat pasture available
to stocker cattle producers. Dr. Peel says the pasture looks so good
that some producers may decide to keep cattle on wheat past first
hollow stem and harvest their wheat through the weight gains of the
cattle rather than rolling a combine across it later this year.
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Spotlight
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Network and we encourage you to click here to learn
more about their products and services.
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House Ag Committee Chair
Conaway Really Worked Up Over Cottonseed Decision of USDA Secretary
Vilsack
You may remember in yesterday's email that we
featured a story with the audio of the exchange from the House Ag
Committee hearing earlier this week between House Ag Committee Chair
Mike Conaway and USDA Ag Secretary Tom Vilsack.
Conaway is totally convinced that the Secretary has
the authority to declare cottonseed an "oilseed" for the
purposes of allowing cotton farmers to take part in the ARC/PLC
programs that make up the federal farm program safety net based on
the 2014 Farm Law.
Vilsack is just as convinced that he has no such
authority and he has no intention of paying any attention to the
demands of Conaway and others like former Chairman Frank Lucas on
this issue.
Well, soon after we pushed the Thursday email out the
door- we got an email from the office of the House Ag Committee with
an op-ed from the Chairman- explaining in detail why he's right and
Vilsack is wrong. No- make that WRONG.
Conaway details each of the Vilsack reasons for not
being able to declare cottonseed as an "other oilseed" and
explains why the Secretary and his lawyers are off base in each case.
Whoever you believe on this one- the Conaway Op- Ed is
worth a read- click
here to check it out.
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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.
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Wheat Prices Are Well
Below the Cost of Production- and Kim Anderson Expects Them to Stay
There Through Harvest
Wheat
prices are under water- below the current cost of production for
Oklahoma hard red winter wheat producers. And according to OSU
Extension Grain Marketing Economist Dr. Kim Anderson. there is little
chance that what prices will rebound to break even levels for the
next several months.
Dr. Anderson tells Lyndall
Stout with the SUNUP program that is produced weekly
by the Ag Communications Department of Oklahoma State University that
about the only way we will find a way for wheat prices to head higher
is for some part of the world to have a massive crop failure. Dr.
Anderson believes it could take a one to two billion bushel shortfall
somewhere other than in the United States to promote higher wheat
prices- it will take an eighty five cent per bushel boost in prices
to approach the variable cost of production for wheat farmers here in
the southern Great Plains.
The full conversation that Lyndall has with Kim
Anderson is available
here- and our story includes not just the comments from the Grain
Marketing guru but also a rundown of the SUNUP lineup for this
weekend- the show to be seen as always on OETA.
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Oklahoma Irrigation
Conference Set for March 8 in Woodward
Southern Plains agricultural producers looking to get
the most out of their water-use investment should register now to
attend the March 8 Oklahoma Irrigation Conference in Woodward.
Saleh Taghvaeian,
Oklahoma State University Cooperative Extension water resources
specialist, said producers should think of the conference as
"one-stop shopping" where they can receive the latest
research-based insights and information about many irrigation-related
subjects.
"Although the Southern Plains are no longer suffering
from historic levels of drought, water remains the most important and
in-demand resource in any state; that means informed decision-making
is a must for agricultural producers," he said.
In
addition to agricultural producers, individuals interested in earning
continuing education units should also consider attending this
conference, since 4.5 Certified Crop Advisor CEUs are offered in the
soil and water management category, as well as 4.5 Irrigation
Association Tier 1 CEUs.
The Conference will be held at the Woodward
County Fairgrounds and will feature speakers from OSU, K-State
and Texas A&M. Click
here for more details- including how to register for this event.
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Our
thanks to Midwest Farms Shows, P & K Equipment,
American Farmers
& Ranchers, Stillwater Milling Company, Oklahoma AgCredit, the Oklahoma Cattlemens
Association, Pioneer Cellular,
Farm Assure
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!
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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