|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!
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 futures
- click here
for the report posted yesterday afternoon around 3:30 PM.
Okla Cash Grain:
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
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
|Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Friday, May 27, 2016
Wheat Harvest Gets Started Thursday- Storms Follow on Thursday Night Stopping the Combines in Southwest Oklahoma
The 2016 Hard Red Winter Wheat Harvest has begun in southwestern Oklahoma. The Oklahoma Department of Agriculture posted a picture and report from Mike Cassidy of Cassidy Grain in Frederick of his first load into the elevator at Frederick. Cassidy reports that the first load of the season came in Thursday afternoon- apparently ahead of the storms that rumbled across western Oklahoma overnight- including storms in Tillman County.
The first report of the 2016 harvest season is out from Plains Grains and their Executive Director Mark Hodges- and he is showing zero percent harvest complete in the southern plains winter wheat states- including Texas and Oklahoma. Hodges writes "the first loads of the 2016 HRW wheat harvest has been delivered over the past few days from central Texas northward into southwestern Oklahoma. Most areas remain too wet with the majority of the fields harvested in central Texas still averaging 14% moisture or above. Further north into southwestern Oklahoma(incudes some north Texas deliveries), harvest was running at a consistent pace with over 70,000 bushels delivered by late afternoon Thursday. However, numerous rain storms across the area Thursday afternoon and evening will likely shut down most combines.
"Early reports of test weights have been very good. Local elevators are reporting 63-64 pound test weights per bushel. Early protein reports have varied greatly- the overall average seems to be about 11.5%.
You can read more from Mark Hodges- and we have a PDF of his complete first report of the season as a part of our website- check it all out by clicking here,
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|Livestock Issues Spotlighted in Senate Ag Committee Hearing Thursday
U.S. Senator Pat Roberts, R-Kan., Chairman of the Senate Committee on Agriculture, Nutrition and Forestry, held a hearing on the U.S. livestock and poultry sectors Thursday.
The hearing, titled "A Review of the U.S. Livestock and Poultry Sectors: Marketplace? Opportunities and Challenges," consisted of testimonies from farmers and ranchers across the country.
Click here for Sen. Roberts' opening statement during the hearing and a link to a video of the complete hearing
Dr. Howard Hill, a pork producer and veterinarian from Iowa, testified on behalf of the National Pork Producers Council. He said the significant benefits that would accrue to the U.S. pork industry from the Trans-Pacific Partnership Agreement would be wiped out if the Obama administration implements pending rules related to the buying and selling of livestock.
National Cattlemen's Beef Association President Tracy Brunner also testified during the hearing. He said the challenges cattle producers face "are the result of regulation, specifically rampant over-regulation from this administration." He encouraged committee members "to focus on defunding the EPA's 'waters of the United States' final rule and pass the Trans-Pacific Partnership."
Joe Goggins, vice president Vermilion Ranch Co., Public Auction Yards, Billings Livestock Commission Co., Western Livestock Auction and Northern Livestock Video Auction, testified on behalf of the United States Cattlemen's Association. He specifically referenced ways in which the industry can continue to enhance transparency, achieve market stability and encourage improvements and innovation across industry standards.
|Wheat Prices Looking Stronger for Second Half of 2016, But World Wheat Crop Could Change That - Kim Anderson Explains
With wheat harvest right around the corner, Oklahoma State University Extension Grain Marketing Specialist Dr. Kim Anderson says producers are still concerned about prices. He says the KC July contract is around $4.50, with the basis ranging from a -$0.45 in Enid but closer to -$0.70 in most areas of the state. This leaves farmers with a current price of around $3.80/bushel heading into harvest.Anderson says the second half of the year looks stronger, with the current December contract $0.40 higher at $4.90. He says the basis usually improves around that time of year too, making the increase in price closer to $0.60. However, Anderson warns that if the world market delivers on the predicted near-record crop this year, prices will follow suit."If we have that record world crop, it could put the quietus on all of this positive outlook," he told SUNUP's Dave Deken.When it comes to current corn prices, Anderson says producers are looking at $4.20/bushel. He says the basis in the Oklahoma Panhandle is -$0.15. In central Oklahoma, the basis is ranging from -$0.67 to -$0.50.Anderson says sorghum is currently about $0.50 less than corn in the Panhandle and about $0.30 less than corn in the central part of the state.The real bright spot in the crop markets is soybeans. Anderson says the futures price has increased from $8.70 to $10.80, with a harvest delivery basis currently at -$0.75 around the state and -$1.00 in the Panhandle. Click here to listen to Anderson talk more about current market condition and be sure to watch him this weekend on SUNUP.
|Consumers Need to Hear Directly from Producers - Part Two With JBS's Cameron Bruett
While producers have made strides in their efforts to communicate with consumers, Cameron Bruett, head of corporate affairs for JBS, says there's still a long row to hoe."We need to be more engaged. We need to be communicating a message directly to consumers so that they understand not only what we do, why we do it and how we do it, but how what we do aligns with their values," he says. "I just don't think we are engaging enough resources as an industry into talking to consumers."Bruett points to a lack of strategic efforts to educate consumers and change their negative views of American food production."The other side is winning the debate largely because there isn't a counterbalance; there isn't a counterpoint," he says. "Sure we have trade associations, we have NCBA, we have others who will come out and respond to these criticisms, but do we as an industry have an organized, systemic, strategic effort to change consumer opinions and attitudes toward how we produce food in this country? "And the answer is obviously no."There are no easy answers when it comes to gaining ground in the discussion, but Bruett encourages producers to start by looking at ways to impact the views of their local communities. "I think all societal change starts locally," he says.Listen to Bruett talk more about the need for consumer engagement during the latest Beef Buzz.
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|U.S. Meat Export Federation Board Members Meet in St. Louis
The U.S. Meat Export Federation (USMEF) Board of Directors Meeting and Product Showcase kicked off Wednesday in St. Louis, Missouri. Attendees were welcomed to the event by Richard Fordyce, director of the Missouri Department of Agriculture. Fordyce discussed the important role exports have played in making agriculture Missouri's largest industry, and outlined several initiatives designed to promote agricultural development in the state - including programs designed to attract and retain young farmers and ranchers.
"If agriculture is going to maintain that No. 1 ranking in Missouri, we're going to have to grow that new crop of leaders," Fordyce said. "We need to work with young people to continue to ignite the passion they have for agriculture, continue to cultivate that interest, and move them forward in their agricultural careers."
Fordyce also discussed his department's efforts to promote Missouri's agricultural products in international markets, including an upcoming trade mission to Cuba next week.
Wednesday's keynote address was provided by Jonathan Cordone, USDA deputy under secretary for farm and foreign agricultural services. Cordone noted that USDA currently has 93 international offices covering more than 170 countries on behalf of U.S. agriculture. He stressed the importance of market access for U.S. products, which has been enhanced in recent years through negotiation and ratification of several trade agreements. But Cordone also acknowledged that trade agreements are only as valuable as the United States' ability to enforce them.
"We have an excellent record of ensuring that countries cut their tariffs as they promise to do in our trade agreements, and historically this has been the primary force driving our increased exports to FTA partners," Cordone explained. "But that's not the whole story. There are non-tariff barriers that unjustly restrict our access in some markets, and USMEF and its members know better than most that other countries are increasingly deploying non-tariff barriers as their protectionist tool of choice."
to read more about the USMEF meeting, including statements from other speakers.
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|Growth Energy Applauds Trump for Standing by Commitment to Support the RFS
Responding to a speech on energy policy by presumptive GOP presidential nominee Donald Trump, Emily Skor, CEO of Growth Energy, issued the following statement:
"In January, Mr. Trump said that he supports the Renewable Fuel Standard (RFS) and ethanol because 'energy independence is a requirement if America is to become great again.' We could not agree more. It is vital that Mr. Trump stay true to his principles on ethanol because the RFS is our country's most successful energy policy.
"His announcement today that he would meet with Iowa Governor Terry Branstad about ensuring a strong RFS past 2022 is great news. The RFS protects affordable options for consumers at the pump, it reduces emissions, and without it, we would increase our dependence on foreign oil from countries like Saudi Arabia and Venezuela.
"Given both leading candidates for President support the RFS, we're confident that America's next president will earn the votes of renewable fuel supporters in North Dakota and across the country."
|This N That- Mike Schulte Joins Us In the Field, Frank Lucas Townhalls and Back After Memorial Day
On Saturday morning, the Executive Director of the Oklahoma Wheat Commission, Mike Schulte, will be our guest again as we talk about the investment that wheat producers make in supporting the wheat breeding work by Dr. Brett Carver and the Wheat Improvement Team at OSU- you can watch at approximately 6:40 AM on the KWTV News9 Saturday Morning News.
We will be posting the video of our visit later in the weekend on our website as well.
Congressman Frank Lucas has one of the largest districts in the US House that is not an entire state- and every time Congress takes a week off from the work going on inside the DC Beltway- Congressman Lucas- former Chairman of the House Ag Committee- is busy meeting with the citizens of the Third Congressional District. This coming week- he has four more Town Hall meetings planned- in Ponca City, Perry, Stillwater and Guthrie.
Details are available in our Oklahoma Farm Report calendar- click here
to jump there.
We are ready to move right into the "unofficial" start of the summer season as the Memorial Day weekend has now arrived. It appears that farmers in the southwestern quarter of the state that happens to be dry may be pushing forward with wheat harvest- unfortunately for many of our wheat farmers- they will have to sit and wait on drier conditions.
The Memorial Day holiday is a HUGE weekend for meat sales- and the hope of our cattle and pork producers is that it is bright and sunny and perfect for lots of grilling in the major population centers of the US.
AND- of course, Memorial Day is a day that we stop and remember those who served their country and gave the ultimate sacrifice that we might all enjoy whatever ways we want to celebrate Memorial Day- working, playing or remembering by a trip to a cemetery near or far.
BE THANKFUL FOR THOSE WHO HAVE SERVED OUR COUNTRY- AND IF YOU ARE ONE OF THOSE WHO HAVE WORN THE UNIFORM OF ONE OF OUR SERVICES- THANK YOU SO SO VERY MUCH FOR YOUR SERVICE!!!
BY THE WAY- we will not have an email on Monday- we return bright and early on Tuesday.
God Bless! You can reach us at the following:
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