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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
here for the report posted yesterday afternoon around 3:30 PM.
Oklahoma Farm Report Team!!!!
Senior Editor and Writer
Calendar and Template Manager
Markets and Production
Email and Web Editor
Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Thursday, May 5, 2016
Happy Cinco De Mayo!!!
Crop Pegged at 130.65 Million Bushels- Forty Percent Above 2015
Production (And Kansas Tour, Too)
days or less from harvest- the potential for the 2016 Oklahoma winter
wheat crop is the best we have seen since 2012.
Crop Scouts who reported on Wednesday at the Oklahoma Grain and Feed
Association annual meeting in Oklahoma City talked about a crop that
had it's potential trimmed some by multiple factors- freeze, lack of
early spring rains, foliar disease and various bugs- but those scouts
concluded that the favorable planting conditions and moisture going
into winter were enough to help set this crop up for an above average
finish late May and into June.
The scouts predicted the crop would come in at 130.65 million
bushels on an average yield of 34.4
bushels per acre- based on harvested acres totaling
3.82 million acres.
Those who heard their reports also got to vote on the size of the
crop- and the average guess in the room at the OGFA meeting was for a
128.48 million bushel crop- based on 33.6 bushels per acre.
We have a couple of webstories you need to check out. First, we
have the summary of the day's findings, complete with a conversation
that we had with Mike
Schulte of the Oklahoma Wheat Commission- click
here to jump there.
Then- we have the blow by blow analysis of the crop scouts- click
here to see their slides that summarize what they are predicting
on a county by county basis.
The Oklahoma number- at least the informal survey number, was
reported to the Wichita report session of the Kansas Wheat Crop Tour
by Mark Hodges
with Plains Grains.
The Kansas Crop is also looking far far better than a year ago- after
the two days, scouts have sampled from over 600 fields and estimate
what they see suggests 48.2 bushels per acre- over 49 bushels per
acre was the Wednesday average.
here for our details of the Kansas Tour- and of the Yellow Route
that traversed northern Oklahoma and included Chris Kirby of
the Oklahoma Wheat Commission and fellow Farm Broadcaster Jesse Harding
of Nebraska- they each contribute to our information from the Kansas
tour and the Oklahoma portion of it- Jesse talks with Wheat
Failes about his crop in Alfalfa County- so be sure
and go check this webstory out.
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Limited Elevator Storage
Could Present Problems This Wheat Harvest - Kim Anderson Explains
Grain Marketing Economist Dr.
Kim Anderson says the projected high yields for this
year's wheat crop might not impact price potential, but too much
wheat could cause elevators to run out of storage space before
harvest is over. He says those storage issues could mean an increased
basis at affected locations. We discussed this with Dr. Anderson at
the OGFA meeting yesterday in OKC.
"I've talked to a couple of elevators that are already bagging
it; they're already planning on putting it on the ground,"
Anderson says. "With that happening and we run out of space, I
think that basis is going to go in the tank, and also, they'll
probably insist on buying that wheat now so they can move it on out
into the market."
In light of the current low wheat prices, Anderson says significantly
higher yields will ultimately benefit producers.
"Prices were already down, so the more wheat you have to sell, I
think the better off our producers are going to be," he says.
"But they're going to have to get through harvest and through
finding a home for all of this product."
While Anderson usually recommends selling crops by thirds - one third
at harvest, one-third in September or October and the final third in
November or December - he says producers may want to consider an
alternative strategy this year.
here to read more about Anderson's 2016 wheat marketing
recommendations and to hear our full interview.
Op-Ed: Monarchs Still Need
Milkweed and Farmers Are Growing It
In light of recent media reports
suggesting that loss of milkweed habitat is no longer the chief
threat to the dwindling monarch butterfly population, David
Wolfe, director of
conservation strategies at Environmental Defense Fund, wrote a blog
about why milkweed is still of critical importance to monarch
recovery efforts. He also discusses how a new program is in the works
to enroll farmers and ranchers in restoring this vital habitat across
America's Corn Belt. Read his blog entry below.
"I am watching the rain pour down outside my window as I write
this blog. El Niño is once again giving central and north Texas a
good drenching, which has brought with it some severe and deadly
flood conditions. But the rains are a welcome sight to Texas farmers
and ranchers who have become all too used to drought and wildfire
conditions. And they aren't the only ones benefitting from the heavy
"All this wet weather has resulted in a spectacular display of
spring wildflowers, including vast expanses of milkweed and nectar
plants that the iconic North American monarch butterflies need to
survive and thrive.
"Recent headlines suggest that milkweed loss is just one of
several threats to monarch populations, with drought, habitat
fragmentation and reduced availability of nectar plants also
influencing the species' decline. In reality, all of these threats
are interconnected in a recipe that could spell disaster for the
Beef's Second Annual 30
Day Protein Challenge Launches This Month
checkoff's "Beef. It's What's For Dinner." brand will
launch the second annual 30
Day Protein Challenge campaign this month. Americans
currently consume two-thirds of their total daily protein intake at
dinner, which doesn't leave much room for protein at other meals or
snacks. The 30 Day Protein Challenge provides a step-by-step plan to
get an optimal amount of protein throughout the day.
The first launch of the Protein Challenge in 2015 was extremely
successful, exceeding benchmark metrics set for the campaign,
including more than 14,000 email campaign subscriptions, 81,000+
email opens and click-thrus, and more than 164,000 visits to the
Protein Challenge landing page on BeefItsWhatsForDinner.com during
the campaign period.
To continue the success in 2016, several upgrades have
been made to the campaign to increase engagement with, and visibility
of the program. Click
here to read more about the upgrades and for a link to sign up
for the 30 Day Protein Challenge.
We are pleased to
Farmers & Ranchers Mutual Insurance Company as
a regular sponsor of our daily update. On both the state and national
levels, full-time staff members serve as a "watchdog" for
family agriculture producers, mutual insurance company members and
life company members.
Click here to go
to their AFR website to learn more about their efforts
to serve rural America!
USDA Awards $16 Million
for Research into Sustainable Crop and Livestock Production Methods
The U.S. Department of Agriculture (USDA) awarded
$16.5 million in grants Tuesday to support research into methods for
boosting agriculture productivity and ensuring food security in the
face of pests, diseases and a changing climate. In addition, USDA
announced that it is seeking applications for the next round of
projects, which will focus on pollinator health and plant and animal
phenomics. The grants are made available through the Agriculture and
Food Research Initiative (AFRI), administered by USDA's National
Institute of Food and Agriculture (NIFA).
Established by the 2008 Farm Bill and re-authorized in the 2014 Farm
Bill, AFRI is the nation's premier, peer-reviewed competitive grants
program for fundamental and applied agricultural sciences. In the
seven years since AFRI was established, the program has led to true
innovations and ground-breaking discoveries in agriculture to combat
childhood obesity, improve and sustain rural economic growth, address
water availability issues, increase food production, find new sources
of energy, mitigate the impacts of climate variability and enhance
resiliency of our food systems, and ensure food safety.
"In the face of diminishing land and water resources and
increasingly variable climatic conditions, food production must
increase to meet the demands of a world population projected to pass
9 billion by 2050," said U.S.
Secretary of Agriculture Tom Vilsack. "Funding
in research to respond to these challenges should be considered as an
investment in our nation's future, an investment which will pay big
dividends in the years to come."
Find a list of grant recipients and more information
about the next round of projects 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.
Video: K-State's Ted
Schroeder Talk About the Beef Value System
cattle premiums don't just drop out of thin air. They are earned at
every point in beef production, says Ted Schroeder, Kansas State
University agricultural economist. And while selling beef by quality
grades and brands allows consumers to choose and value them individually,
it also creates more work and cost to get the beef to them.
"In producing, processing, marketing, positioning and putting
that product in the consumers' hands, all of those activities take
investment, take scrutiny to make sure that there is integrity
throughout that value chain," Schroeder says. "Everyone
involved in that has an additional cost incurred. If you are the
retailer, you have different shelf space that you have to allocate to
this product. If you are the processer, you have a sorting mechanism
that you have to incur in order to ensure that you have product
flowing into that right retail channel."
Schroeder says the added expense at each level means wholesale
premiums for higher quality will not match the Choice-Select
"So you will never have the consumers' premium equal to the
producers' premium, but you would sure expect a percentage of that
consumer premium to be reflected down at the producer level and that
is indeed what we see," he says. "As the consumer premium
increases, so does the producer premium and again those aren't going
to be 100 percent transmissions, but they are going to be a very high
correlation and causation with each other."
here to watch a video of Schroeder talking more about how
premiums filter back from beef consumer to beef producer.
This N That- Superior
Sale Friday, Griswold Female Sale as Well and Joe Neal Talks State
Friday morning, the next Superior
Video Livestock Auction kicks off promptly at 8:00 AM
central time on DISH Network Channel 232 as well as on this SuperiorClickToBid.Com
The Superior folks tell us they will be offering 34,700 head
tomorrow- all the details of the sale can be seen on the Superior
website by clicking
here- or, as always, you can call Superior at 1-800-422-2117 for
Over 500 head will be sold on Friday late afternoon at the Griswold Commercial Female
Sale- they are starting at 5:00 PM central time May
6th at the Perkins Sale Barn, Perkins, Oklahoma.
Among the sale offering-
Open yearling heifers
- 174 Commercial
Cows bred to Mr Hoc Broker
will sell in groups
here for more information- or call John Griswold
at 405-780-3300 for details.
Finally, I thought the comments made on Wednesday by the President of
the Oklahoma Grain and Feed Association, Joe Neal Hampton,
were rather interesting as it relates to the final days of the
Oklahoma Legislature for 2016.
As most watchers of the 2016 session well know- it's all about the
budget shortfall and how the lawmakers are going to solve the $1.3
billion dollar shortfall for the coming fiscal year.
Joe Neal told his members at their annual meeting that he and RJ Gray
with the Coop Council have both been assured that the Ag Sales Tax Exemption will
not be touched by lawmakers. That continues to
be a worry and will be until details of the budget deal are made
As for a budget deal- Joe Neal expects that the lawmakers- once they
get a deal will do the following-
Quickly Unveil the Deal.
Quickly Vote on the Deal.
Adjourn and Head Out of Town.
As for the timing- that remains one of the unknowns- some have said
it could come early- others say it will be on the final day the
lawmakers can legally meet in regular session- which is the Friday
before Memorial Day.
Joe Neal (and many others we have talked to) agree that there will be
things in the budget deal that various groups will not like- and that
the best hope of getting a deal is to make the deal, vote and leave.
thanks to Midwest Farms Shows, P & K Equipment,
& Ranchers, Stillwater Milling Company, Oklahoma AgCredit, the Oklahoma Cattlemens
Association, Pioneer Cellular,
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