From:                              Ron Hays <ron@oklahomafarmreport.ccsend.com> on behalf of Ron Hays <ronphays@cox.net>

Sent:                               Friday, February 26, 2016 6:09 AM

To:                                   Arterburn, Pam

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.

 

 

 

 

Okla Cash Grain:  

Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture for Thursday 2/25/16

 

  

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


Presented by


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Your Update from Ron Hays of RON

   Friday, February 26, 2016

 

 

Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 

Featured Story:

Busy Busy Friday and Next Week Promises More of the Same for Many Folks involved in Oklahoma AgricultureBusyBusy

 

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. 

 

Details of the program are here.

 

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.

 

On Sunday- conservation leaders from across Oklahoma will be gathering at the Reed Center for the 2016 Oklahoma Association of Conservation Districts Annual Meeting.

 

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. 

 

As I said- Busy, Busy.

 

 

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.
 

 

 

 

FFAOklahoma 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.





 

ChinaCornDespite 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.

 

Click here for our web story on this session on China's ag outlook at the USDA Ag Outlook Forum

 

BeefBuzzTalking 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. 

 

 

Click here to read more and to take a listen to the analysis of OSU's Derrell Peel- it's a part of our Beef Buzz series that is heard on great radio stations through the region and is now a part of our archives of Beef Buzz shows about what is happening in the beef industry today!

 

 

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.

 

 

ConawayHouse 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.

 

 

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.

 

KimAndersonWheat 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.

 

IrrigationOklahoma 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.





 

Our thanks to Midwest Farms Shows, P & K Equipment,  American Farmers & Ranchers, Stillwater Milling Company, Oklahoma AgCreditthe 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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phone: 405-473-6144

 

 

 

 

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