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

Sent:                               Friday, May 20, 2016 6:41 AM

To:                                   Pam Arterburn

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.

 

 

 

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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.

 

 

Each afternoon we are posting a recap of that day's markets as analyzed by Justin Lewis of KIS futuresclick here for the report posted yesterday afternoon around 3:30 PM.

 

 

Okla Cash Grain:  

Daily Oklahoma Cash Grain Prices - as reported by the Oklahoma Dept. of Agriculture for Thursday 5/19/16.

 

  

Futures Wrap:  

Our Daily Market Wrapup from the Radio Oklahoma Network - 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

 

Macey Mueller, Web and E-mail Editor

Oklahoma's Latest Farm and Ranch News


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Your Update from Ron Hays of RON

   Friday, May 20, 2016

 

 

Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 

BlayneArthur

Featured Story:

Blayne Arthur Wraps Up Her Time at ODAFF- Ready for the Challenge of Leading the Oklahoma 4-H Foundation  

 

 
A farewell reception for Deputy Commissioner of the Oklahoma Department of Agriculture, Food and Forestry Blayne Arthur was held on Thursday afternoon at the State Agriculture Building in Oklahoma City. Arthur, who served with State Commissioners Terry Peach and Jim Reese, is leaving ODAFF as she accepts the position of Executive Director of the Oklahoma 4-H Foundation.

Her final day with ODAFF is today- she begins her service at the Oklahoma 4-H Foundation May 31st.

We talked with Blayne about her time at ODAFF and what lies ahead as she takes over the Executive Directorship of the Oklahoma 4-H Foundation- click here to read more and to listen to our visit with her.

By the way- Betty Thompson has been named the new Deputy Commissioner for ODAFF- Betty grew up on a dairy farm and is a former Miss Oklahoma- who actively promoted the benefits of dairy foods during her year as Miss Oklahoma.

 

 

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.   

    

 

 

 

AndersonNear Record Global Wheat Harvest and Stocks Projected for 2016 - Kim Anderson Explains

 

The USDA recently announced projections for the 2016 wheat harvest, and OSU Grain Marketing Economist Dr. Kim Anderson says world production is predicted to be higher than he originally thought.


"You know we talked about being around 26.1 billion bushels a couple of months ago. Of course, the weather changed around the world - in Oklahoma, the U.S. and in the foreign countries," he says. "The USDA had world wheat production at 26.7 billion bushels."


Last year's harvest produced 27 billion bushels of wheat, which is the current record. Anderson says the last three to four years of record or near record production - combined with this year's bumper crop - will put world ending stocks up over 9 billion bushels.


Because about 50 percent of Oklahoma wheat is sold on the export market, Anderson says that record ending stocks number will affect prices here at home.


"Higher production, higher ending stocks means lower prices, which were experiencing now," he says. "We got Oklahoma prices in the $3.70 to $3.90 area."


Current prices means producers can't afford discounts at the elevator. Anderson once again stresses the importance of delivering clean wheat. He told SUNUP's Dave Deken dockage can range from a $.05-$.12 discount and foreign material discounts start at $.02 for .5 percent, goes up to $.50 for 3.1 percent and get worse from there.


"The discounts are serious this year because the market wants a quality product; they want a clean product," he says.


You can watch Kim this weekend on SUNUP, or you can click here to get an early listen to his comments.

 

FC100Farm Credit Associations of Oklahoma Host Centennial Celebration

 

The Farm Credit Associations of Oklahoma recently held a centennial celebration in honor of Farm Credit's 100 years of service to rural America.


The event was held May 11th at the Oklahoma State Capitol in Oklahoma City and drew over 70 legislators, numerous agricultural business representatives, Farm Credit employees and board members from across the state.


A reception was held on the 4th floor rotunda of the Oklahoma State Capitol building followed by the reading of two resolutions, one on the floor of the House of Representatives and one of the floor of the Senate, recognizing Farm Credit for 100 years of service to the agricultural industry and the economic boost Farm Credit provides to the state's economy.


An official resolution was introduced on the House floor by Speaker of the House Jeff Hickman and State Representative Scott Biggs that commended Farm Credit for its 100 years of support and service to the agricultural community in Oklahoma as well as nationwide. A portion of Representative Biggs' comments praised Farm Credit for their role specifically in supporting young people involved in agriculture, through 4-H and FFA sponsorships and young farmer and rancher programs.

 

Click here to learn more about Farm Credit's 100th celebration.

 

FarmCreditSupportFifty-Plus Ag Groups Show Support for Farm Credit System

 

With farm and ranch commodity prices increasingly under pressure, concerns are growing that the agriculture economy may be entering a prolonged period of instability, making the role of the Farm Credit System more important than ever, the American Farm Bureau Federation and more than 50 agricultural groups wrote to the Senate Agriculture Committee.


"Credit availability in good times is singularly important to our respective members. Credit availability in tough times may well mean the difference between producers staying on the land or being forced to abandon their operations," the groups wrote.


The array of credit products offered by both the Farm Credit System and commercial banks, often in a collaborative and cooperative manner, ensures that farmers and ranchers and their industry sector partners have access to financial tools that are vital to their success, according to the groups.

 

 

 

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.

 

TPPAmerican Soybean Association and National Council of Farmer Cooperatives Tell Congress to Get Moving on TPP

 

The American Soybean Association and the National Council of Farmer Cooperatives are both renewing their call to Congress to work toward passage of the pending Trans Pacific Partnership, a 12-nation trade agreement that could have major impact on U.S. agricultural exports.

 

 

"As we have said consistently, each sector within the American agricultural economy is very closely connected to the next, and nowhere is that more clear than in the case of soybeans and livestock. The TPP is a win for soybean farmers because it means more meat exports. When our partners in the pork, poultry, beef and dairy industries do well, we do well," said ASA President Richard Wilkins, a soybean farmer from Greenwood, Del.

 

 

Click here to read more from the ASA.

 

 

"Exports continue to be an engine driving economic growth across America. For agriculture, the TPP offers tremendous opportunity to farmers and their co-ops to expand exports and generate additional economic activity across farm country," said Chuck Conner, president and CEO of NCFC. "The agreement contains meaningful reductions in barriers erected by other countries to U.S. agricultural exports by lowering tariffs and working to ensure that sanitary and phytosanitary standards are based on science.

 

 

Click here to read more from NCFC.

 

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.

 

BeefBuzzCattle Prices Benefiting from Aggressive Marketings and Lower Carcass Weights

 

A lot has changed in the cattle market since this point last year when record fed cattle weights caused a surplus in beef supply and a drastic drop in prices. Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, says feedlots are now doing a better job of marketing cattle in a timely manner and beef prices are starting to reflect it.


"The situation is quite different now compared to what it was most of last year, in that feedlots have an incentive to pull cattle forward," he says. "They've done that; they've marketed cattle aggressively - which initially put additional supply on the market and weighed on prices in April - but then following that we're very current right now. Carcass weights have come down, and so we've seen this little rally in the markets recently."


Demand for beef will continue to play an important role in the equation, and Peel says this time of year provides several opportunities for featurings during the Memorial Day and Father's Day weekends.


"Demand is key to this thing because we did put more supply on the market early," he says. "It did weigh on prices, but the good news is that quantity came through and we moved that meat through the system.


"There is a good indication now that we probably have not only moved meat currently but forward priced quite a bit of meat, taking advantage of those lower prices that existed say two to three weeks ago."


We also get Dr. Peel's take on the second half of 2016- read more and hear all of his comments by clicking or tapping here for this latest edition of the Beef Buzz.

 

 

SQ777Let Them Eat Cake- The Latest Op-Ed on State Question 777

 

The Oklahoma Ag Policy website, a website created by the Public Policy Division of the Oklahoma Farm Bureau, has posted an article entitled "Let Them Eat Cake." 

It's a piece designed to make a case for State Question 777- based on the problem of hunger here in the state of Oklahoma. It takes aim at the radical environmental and animal rights groups who the article says are pushing policies that only they can afford and that are costly to consumers who face hunger.

"With little understanding of economics or animal husbandry, these groups are pushing for legislation that ultimately limits the ability of farmers to produce food.

"For example, California voters approved Proposition 2 in 2008 that prohibited any confinement of farm animals that does not allow them to turn around freely, lie down, stand up, and fully extend their limbs.


"After it took affect in January 2015, the price of eggs in California skyrocketed. The increase in egg prices was 35 times higher than the overall inflation rate, according to a study by Cornell University.

Ballot initiatives like Proposition 2 - backed by the Humane Society of the United States, People for the Ethical Treatment of Animals, the Sierra Club and others - are being passed across the country.

"And what happens as a result? The price of food soars.


"When the price of food increases, who suffers? Certainly not Wayne Pacelle or any of the folks at HSUS. Low-income Americans suffer. When we tie the hands of farmers and ranchers, we limit the production of food and prices increase."

The article goes on to talk about what this means to Oklahoma and the discussion over the "Right to Farm" State Question that voters will decide on this coming November.

Click here to read more from Oklahoma Ag Policy on this State Question 777 opinion piece.

 

 

MikeSchulteWaiting on Wheat Harvest- We Talk With Mike Schulte Tomorrow Morning In the Field

 

Mike Schulte with the Oklahoma Wheat Commission will be our guest Saturday morning for this week's In the Field- to be seen on KWTV News9 at 6:40 AM.  Mike and I will be talking about the 2016 wheat harvest and what has tuned into a delayed start because of this week's cool, damp weather.

On Thursday afternoon- we did receive and post Dr. Bob Hunger's latest wheat disease update- he says "Except for in the panhandle, wheat foliage is pretty much done for in Oklahoma. Wheat in the panhandle was mostly in the kernel forming stage."

Dr. Hunger does quote a couple of southwestern Oklahoma folks who think we might still be ten days to two weeks away from wheat harvest in the southwest.

We also traded tweets last night with Jimmy Kinder of Walters- who thinks if we can ever get past this New England like weather- we could start by the latter part of next week- apparently the wheat is ripe- just needs to dry out a bit.

Unfortunately- it does look like we may be fighting more rain this coming week- coupled with more normal temperatures. Our colleague and friend Jed Castles of News9 provides this nine day graphic- and as you can see- it may get a bit bumpy in the week ahead.



 
The blog version of what may be ahead- with an Eastern Oklahoma perspective- comes courtesy of Alan Crone with the News on 6- click here to take a peek.  

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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