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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.
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
or tap here for the report posted Thursday afternoon around 3:30
Daily Market Wrapup from the Radio Oklahoma Network with Tom
Leffler- analyzing the Futures Markets from the previous Day.
Oklahoma Farm Report Team!!!!
Senior Editor and Writer
Calendar and Template Manager
Markets and Production
Wheat Prices Seen This Week, But Kim Anderson Expects Wheat Below
Cost of Production for Awhile
prices have risen in the last few trading sessions, but Oklahoma
State University Extension Grain Marketing Economist Dr. Kim Anderson
says we remain below the cost of production. With July 2016 Kansas
Wheat July wheat around $4.90, the delivered to a local elevator
price in central Oklahoma is around $4.25 per bushel.
Dr. Anderson says that several wheat market watchers see a real possibility
of below the cost of production wheat prices for a couple of years-
and he says that eventually weather somewhere in wheat producing
areas of the world will turn, provide the global market with a short
crop and that's where wheat prices will rise. He says that our most
recent rally off a low under cost of production level was back in
2009-2010. Wheat prices started rallying the last day of July in
2010, and within three and a half months- wheat prices had moved
three dollars bushel higher. "Then we lost the southern
hemisphere crop and prices jumped another three dollars a
Kim has more- and you can listen to our report with him by clicking
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.
National Farmers Union
Delegates Set Policy- AFR Influences Several Key Issues Important to
The 2016 National
Farmers Union Convention held in Minneapolis has come
to a close. Delegates to the National Farmers Union 114th Annual
Meeting adopted a wide variety of policy positions- including ten
special orders of business which NFU has utilzied down through the
years to emphasize what they consider to be key issues.
One such Special Order of Business had to do with Cottonseed being
designated as an "other oilseed" for purposes of the
federal farm safety net. The NFU delegates approved the special order
supporting that view, and Oklahoma delegate Harvey Schroeder
of Frederick was pleased that NFU delegates were supportive.
Schroeder says while USDA Secretary Tom Vilsack has refused to make
the declaration about cottonseed, he believes it is important to keep
some pressure on the Secretary and he believes this special order
of AFR also weighs in on two other issues that Oklahoma decided to
use its clout on- you can read more and also listen to a special
audio overview we have prepared about the delegate session in
Minneapolis by clicking
By the way- our story also has links to ALL of the Special Orders
that the NFU delegates whipped up this year- available
Cattle Theft, Red
Cedars and the Compelling State Interest of Water Bills Pass Oklahoma
March 10th was an important day at the Oklahoma State Capitol. For a
bill to stay alive for the reminder of the legislative session, it
had to be passed out of its respective body. In other words, a House
measure had to be voted on and approved by the full House and a
Senate bill had to have had a yes vote by close of business today in
the Oklahoma Senate.
Three bills that were approved by the State Legislature caught our
eye on Thursday- and we have written about them in a story that you
can read by clicking here.
A thumbnail on each of them-
Cattle Rustling becomes a felony if this becomes law- and its one
count of felony for each critter you steal. HB 2504 passed
the House 71-21 and was heavily supported by OCA. Lead author in the
House on this proposal is John
Red Cedar Eradication gets a boost in HB 2748 and the House author, Richard Morrissette,
says this bill will help battle this invasive species of tree-
setting up a structure for grants to be received and combined with
funding from the Eastern Red Cedar Revolving Fund, enabling the
Oklahoma Conservation Commission to eventually employ a state
House Bill 2446 seems
to be a bill that offers a solution to the fears of eastern Oklahoma
groups who have been criticizing State Question 777, the Right to
Farm Amendment. The bill declares in advance of possible
passage of SQ 777 that water issues will be always considered a
compelling state interest in Oklahoma. Most of the Ag Groups were
okay with this proposal that passed the House by a 59 to 36 vote.
Not every bill that was being promoted at the State Capitol was able
to survive Thursday. One that a friend of ours, State
Nelson was very passionate about, did not. His
proposal would have established Education Savings Accounts- but
without a vote by yesterday afternoon, this issue is dead for this
Drought Returns to
Oklahoma- Three Percent of State in Moderate Drought
A small part of western Oklahoma- basically a slice of Roger Mills
County into Ellis County and Woodward County adds up to three percent
of the state in the lowest Drought Index designation of Moderate
McManus says we could be adding more drought to the
state totals over the next couple of weeks as another thirty percent
of Oklahoma has been tabbed as Abnormally Dry- here's the picture:
Now, there is rain in the forecast- today- but where it is
yellow or brown is exactly where it won't be raining- so says Jed Castles of
A picture says a thousand words- so there are your two thousand words
worth of Oklahoma weather as we head to the weekend.
For nearly a
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.
Final Rule Issued by the Natural Resource and Conservation Service of
States Department of Agriculture Natural Resources Conservation
Service (NRCS) published its final rule on the Conservation Stewardship
Program (CSP) Thursday in the Federal Register.
The National Association of Conservation Districts sees a lot of good
in the final rule, but continues to worry about some aspects of the
Rule that will govern one of the most popular Conservation programs
that currently in place across the US.
In a news release on the final rule, the NACD says "NACD is
pleased with the progress toward making the rule more adaptable to
the needs of producers and landowners on many diverse landscapes
across the nation, but we remain concerned that landowners will not
be granted equal payment for existing and new conservation activities
and to equally rank existing and new conservation activities."
More about their pros and cons can be seen by clicking
or tapping here.
to Have the Latest Energy News Delivered to Your Inbox Daily?
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.
FAPRI Baseline Report for
2016 Contends Current Low Commodity Prices May Be in Place Several
If you take what we reported in our top story this morning with OSU
Grain Marketing Economist
Kim Anderson about wheat price outlook- and you
spread that across most ag commodities, the result would look a great
deal like the FAPRI
Baseline Report for 2016 for agriculture.
FAPRI stands for the Food
and Ag Policy Research Institute. It is based in
Missouri- but works closely and a lot with Texas A&M- and then it
has agreements with several other Universities for specialty things
like cotton and dairy.
The Baseline report for 2016 states "Lower agricultural
commodity prices have contributed to a sharp reduction in net farm
income. The outlook for the next several years suggests continued
pressure on farm finances is likely."
can review the summary of the Baseline report by clicking here.
In our webstory, we also have the link over to the page where you can
find the complete report and reports from some of the folks that
FAPRI is working with.
This N That- OYE, 74-51, Superior,
Apache and Hall-Coyote Hills
We have some quick links to point you to regarding stuff happening
now through the weekend- starting with the Oklahoma Youth Expo.
OYE kicks off the show schedule that continues into most of next
week- at 8 AM, Purebred Gilts will start to show and then at 2 PM,
Does follow suit.
the Commercial Gilts take over first thing and the Doe show
the afternoon will see the start of the Beef Heifer Show.
Our coverage of the OYE is powered by ITC, Your
The Red Dirt
Bull Sale starts at noon today The sale is happening
at the 74-51 Cattle Company near Marshall- 127 bulls will be offered.
Details can be seen
Livestock starts their regular every other week sale
at 8:00 AM central this morning.
32,000 head to be sold.
Details can be seen here
on the Superior website.
Two sales happen on Saturday that we wanted to remind you about-
first there is the Apache
Stock Cow sale happening at 12 noon- about 800 cows
to be sold.
or tap here to learn more.
FINALLY- we remind you of the Hall
Cattle- Coyote Hills Ranch Bull Sale that starts at
They have got 100 LIMOUSIN & LIM-FLEX BULLS to offer- details can
be checked by clicking
thanks to Midwest Farms Shows, P & K Equipment,
& Ranchers, Stillwater Milling Company, Oklahoma AgCredit, the Oklahoma Cattlemens
Association, Pioneer Cellular,
and KIS Futures for their support of our daily Farm News Update. For
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