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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.
Each afternoon we are posting a recap of that day's
markets as analyzed by Justin
Lewis of KIS futures- click
here for the report posted yesterday afternoon around 3:30 PM.
Our
Oklahoma Farm Report Team!!!!
Ron Hays,
Senior Editor and Writer
Pam Arterburn,
Calendar and Template Manager
Dave Lanning,
Markets and Production
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Oklahoma's Latest Farm and Ranch News
Presented by
Your Update from Ron Hays of RON
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news
update.
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 Featured Story:
OSU Wheat
Varieties Capture More Wheat Acres in Southern Plains, Presents 19%
Bigger Royalty Check to OSU
Oklahoma
Genetics, Inc. presented royalties from seed sales of
wheat varieties developed by Oklahoma State University's Division of
Agricultural Sciences and Natural Resources to OSU President Burns Hargis
and the OSU Agricultural Experiment Station Feb. 26 in Stillwater.
In presenting the check for $643,739.89, OGI Executive Director Mark Hodges
credited the OSU Wheat Improvement Team and its lead researcher, Brett Carver,
for not only breeding high quality varieties, but building key
relationships with producers, as well as those on the milling and
baking side of the industry.
"Wheat breeding is not just a science, it's an art, and Dr.
Carver has made a concentrated effort to address the needs of the
entire wheat industry," Hodges said. "We've come up with
some very unique marketing strategies to be successful, but without
the breeder we'd have nothing."
The 2016 check was over a hundred thousand dollars larger than the
2015 royalty payment made to the University, $539,169.08 was paid
last February by Oklahoma Genetics to OSU for wheat seed sales.
Read more about the nineteen percent larger payout on wheat seed
royalties by clicking
here.
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Sponsor Spotlight
The presenting
sponsor of our daily email is the Oklahoma Farm Bureau - a
grassroots organization that has for its Mission Statement- Improving
the Lives of Rural Oklahomans." Farm Bureau, as the
state's largest general farm organization, is active at the State
Capitol fighting for the best interests of its members and working
with other groups to make certain that the interests of rural
Oklahoma are protected.
Click here for
their website to learn more about the organization and how it can
benefit you to be a part of Farm Bureau.
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Oklahoma Wheat Crop Slips
in Latest Monthly Report- Subsoil Moisture Still Far Better Than Year
Ago
The February summary of crop and weather progress for Oklahoma shows
the mostly dry month of January having a slight impact in the wheat
crop condition for the state of Oklahoma.
The good to excellent rating for the 2016 HRW wheat crop in Oklahoma
dropped six percentage points from 74% good to excellent at the first
of February to 68
percent good to excellent as we begin March.
The number that jumped out at me in the topsoil and subsoil moisture
ratings was the subsoil number- We saw an increase of ten percentage
points in the very short to short category for subsoil this month
versus thirty days ago- but we are far far better off than we were at
this point in early 2015. As we began March 2015, we had a
short to very short subsoil rating of 71%- the report from Monday
afternoon had us at 21% short to very short.
To see the full report as issued on Leap Year Day- February 29th, click
here.
The Kansas Wheat Crop actually showed a four percentage point
improvement from end of January to end of February- and is now at 59%
good to excellent- the full set of Kansas data is available
here.
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Fire Danger Still a Worry
This Week- Especially Wednesday
Oklahoma Forestry Services (OFS) is asking Oklahomans to continue
their vigilance as fire danger increases from high to extreme over
the next few days, with Wednesday looking like the most critical
day. Fire conditions will be the worse for the western
two-thirds of the state.
"High winds, low relative humidity, clear skies and warm
temperatures are working together to create dangerous fire
conditions," said State Forester, George Geissler.
"We want people to be aware of the conditions and postpone any
outdoor burning until conditions improve."
More details are available
here.
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After Soaring Up
and Crashing Down Cattle Prices in 2014-15, OSU's Derrell Peel Sees
More Stability in 2016
Oklahoma State University Extension Livestock Market Economist Derrell Peel
has been non stop in his speaking engagements across not just
Oklahoma- but literally from coast to coast. Dr. Peel has talked to
cattle producers in Pennsylvania, Kentucky, Florida, Mississippi, Alabama
and more in recent weeks- and this past Friday, he was in southern
Oklahoma talking to Oklahoma and Texas producers that were a part of
the Texoma Cattlemen's Conference.
We talked with Peel in advance of his presentation on Friday- and
Peel's comments are being featured over the first part of this week
on the Beef Buzz and heard across the region on radio stations that
are a part of the Radio Oklahoma Network.
Today- he talks about cattle prices soaring higher in late 2014 and
early 2015, before crashing back to earth in the latter part of 2015.
Click
here for today's Beef Buzz- and as a bonus, you can read his
Monday morning market analysis that we regularly post- it lines up
well with the comments we are sharing with you this week from our
audio conversation that we had in Ardmore.
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Sponsor
Spotlight
KIS
FUTURES specializes in Futures and Options
for Institutions, Commercials, Hedgers, and Individual Traders and
executes trades for its clients in the following markets: Livestock,
Grains, Energy, Metals, Softs, Financials, Currencies, and Stock
Index Futures. For more information, please give them a call Toll
Free at (800) 256-2555. Click here for
their website to learn more.
And- their iPhone App, which provides all electronic futures quotes
is available at the App Store- click here for
the KIS Futures App for your iPhone.
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Supremes Say No to
Consideration of Chesapeake Bay Clean Water Case- Ag Groups
Disappointed
The Supreme Court has decided not to review a 3rd Circuit Court of
Appeals opinion upholding an EPA plan to reduce nonpoint source
pollution in the Chesapeake Bay watershed.
The
court, without comment, included its decision in its order list this
morning, after discussing the petition on Friday.
It
was one of the court's first major decisions following the death of
Justice Antonin Scalia.
Both the American Farm
Bureau and the National
Corn Growers were quick to offer comments on the effective end of
the legal battle. AFBF President Zippy Duvall
responded to the Supreme Court refusal to hear the case "We, of
course, are disappointed by the Supreme Court's decision not to
examine the lawfulness of EPA's Chesapeake Bay 'blueprint.' EPA has
asserted the power to sit as a federal zoning board, dictating which
land can be farmed and where homes, roads and schools can be built.
We remain firm in opposing this unlawful expansion of EPA's
power."
Meanwhile, the comments from the Corn Growers come from their farmer
President who actually farms on the Bay. "The EPA has
consistently pushed the legal limits of the Clean Water Act, with the
Chesapeake Bay blueprint and the Waters of the U.S. (WOTUS) rule being
two of the most recent examples," said NCGA President Chip Bowling,
who farms on the Chesapeake Bay watershed in southern Maryland.
"When Congress passed the Clean Water Act, their intention was
to create balanced, practical policies to protect America's water
resources with a clear division of power between states and the
federal government. In both of these cases, the EPA's actions
represent an unlawful expansion of their authority. That's why we
joined this petition on the Chesapeake Bay TMDL, and we are party to
a lawsuit challenging the WOTUS rule," said Bowling.
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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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Wholesale Boxed Beef Trade
Higher, Reflecting Seasonal Start of Spring Grilling Rally
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. We have his complete written
and audio report available here for the weekly boxed beef
trade for week ending February 27.
In his written report, Czerwein says that "The daily spot Choice
box beef cutout ended the week last Friday at $217.67 which was $6.01
hgr compared to the previous Friday. There were 643 loads sold for
the week in the daily box beef cutout which was about 11 % of the
total volume.
"The Comprehensive or weekly average Choice cutout which
includes all types of sales including the daily spot cutout was $213.43
which was $1.78 higher for the week. However, this is the time of the
year when we normally make our turnaround and start the grilling
season rally."
Use the link above to jump over to our website and his complete
report.
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This and That- OSU
Livestock Team Wins Again, Stem Coordinator from Moore Picked by Farm
Bureau and Rain Totals
The 2016 OSU Livestock Judging Team competed at the Livestock Show in
San Antonio, Texas over this pastweekend.
Oklahoma State
was the 2nd high team in cattle, goats, and swine. They placed
3rd in sheep and oral reasons on their way to being named the Champion Team Overall.
They won over Texas A&M, which placed second overall.
Two OSu Team Members placed in the overall rankings for the contest- Callie Akins -
Nashville, GA - 4th High Individual Overall
and Cooper
Bounds - Taneytown, MD - 8th High Individual Overall.
Congrats to Blake Bloomberg and his OSu Squad!
**********
The American
Farm Bureau Foundation for Agriculture has announced
the science, technology, engineering and mathematics coordinators
selected for its On the Farm STEM Experience March 28-30 in
Nashville, Tennessee, immediately prior to the National Science
Teachers Association annual convention. The event is funded by the
Beef Checkoff.
Oklahoma has one
of the twenty applicants who have been selected to
receive a $2,000 stipend plus room, meals, tour transportation and
all materials to attend the event. More than 200 coordinators applied
for the event. Theresa
Balan of Moore, Oklahoma has been selected to go to
Nashville at the end of March for the training.
Read more about this training event by clicking
here.
**********
Overnight, a quick moving system rolled across the state of Oklahoma-
and it moved so fast in western countries that rainfall amounts in
the central band where the storm tracked were less than
impressive. A few locations just south of I-40 a few tenths-
and one Mesonet stations, Ninnekah,
checked in with just over an inch of rain.
Here's the rainfall
map (click for the realtime update online) that gives you a feel
of who got what from this latest system- add this to the rains that
southeastern Oklahoma got a few days ago and that has been about it
in recent weeks across the state.
As we put today's email to bed- there are still a few storms in
eastern Oklahoma- they are about ready to exit stage left.(or is that
right- I can NEVER remember!)
David
Payne's forecast is showing maybe a chance for rain again
come Sunday.
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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
God Bless! You can reach us at the following:
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Oklahoma Farm Bureau is Proud to be the
Presenting Sponsor of the Ron Hays Daily Farm and Ranch News Email
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