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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.
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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Harvest Heats Up - Oklahoma Wheat Commission Calls
Harvest Twelve Percent Complete as of Midday Monday
Each harvest season, the Oklahoma Wheat Commission
releases wheat harvest reports as information becomes available about
that year's wheat harvest. The latest report is out, as of Monday
midday, June 6th, as provided by Oklahoma Wheat Commission Executive Director
"Harvest is starting in most places of the state, although
producers in parts of Southwest Oklahoma, South Central and areas of
Northern Oklahoma continue to deal with mud. Test weights in areas of
Southwest and in the Central western regions have dropped depending
on location and where the rains fell. Early reports
of wheat being taken in at elevator locations in Southwest Oklahoma
now are reporting weights of 58 to 59lbs./bu, (74.64 kg/hl-75.933
kg/hl). Yields still ranging from the mid 30's to mid 50's mainly. A
better estimate of actual weights will be available once more wheat
is harvested later today.
"In central Oklahoma from El Reno to Omega, harvest was in full
swing starting on Friday evening in some places East of Okarche and
Kingfisher. East of HWY 81 the storms last week were minimal and test
weights have not been impacted much of those weights still coming in
around 61 to 62 lbs./bu, (78.507 kg/hl-79.794kg/hl). West of HWY 81
test weights have dropped in the 58 to 60 lbs./bu, ( 74.64
kg/hl-77.22) range. Yields in this region have been reported to be
making from the mid 30's to the mid 50's with one field yesterday
reported in this region to be making over 65 bushels per acre.
"In Northern Oklahoma producers were just starting to get
combines out in the fields with some cutting taking place East of
Alva. Test weights on some of the first loads of wheat taken in on
early samples were reported at 61 lbs./bu, (78.507kg/hl). Protein
test throughout the state have been ranging all over the board mostly
from 10.5% to 11.5%, with the hopes that those numbers might be
higher as we move further North and into the Panhandle region.
Harvest is estimated to be 12% complete in the state today!"
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.
USDA Provides Targeted
Assistance to Cotton Producers to Share in the Cost of Ginning
Vilsack announced Monday that the U.S. Department of
Agriculture (USDA) Farm Service Agency (FSA) will provide an
estimated $300 million in cost-share assistance payments to cotton
producers through the new Cotton Ginning Cost-Share program, in order
to expand and maintain the domestic marketing of cotton.
"Today's announcement shows USDA continues to stand with
America's cotton producers and our rural communities," said
Vilsack. "The Cotton Ginning Cost Share program will offer
meaningful, timely and targeted assistance to cotton growers to help
with their anticipated ginning costs and to facilitate marketing. The
program will provide, on average, approximately 60 percent more
assistance per farm and per producer than the 2014 program that
provided cotton transition assistance."
Through the Cotton Ginning Cost-Share program, eligible producers can
receive a one-time cost share payment, which is based on a producer's
2015 cotton acres reported to FSA, multiplied by 40 percent of the
average ginning cost for each production region. With the pressing
need to provide assistance ahead of the 2016 ginning season this
fall, USDA will ensure the application process is straight-forward
and efficient. The program estimates the costs based on planting of
cotton in 2015, and therefore the local FSA offices already have this
information for the vast majority of eligible producers and the
applications will be pre-populated with existing data. Sign-up for
the program will begin June 20 and run through Aug. 5, 2016 at the
producer's local FSA office. Payments will be processed as
applications are received, and are expected to begin in July.
Since 2011, cotton fiber markets have experienced dramatic changes.
As a result of low cotton prices and global oversupply, cotton
producers are facing economic uncertainty that has led to many
producers having lost equity and having been forced to liquidate
equipment and land to satisfy loans. The ginning of cotton is
necessary prior to marketing the lint for fiber, or the seed for oil
or feed. While the Cotton Ginning Cost-Share program makes payments
to cotton producers for cotton ginning costs, the benefits of the
program will be felt by the broader marketing chain associated with
cotton and cottonseed, including cotton gins, cooperatives, marketers
and cottonseed crushers and the rural communities that depend on
The program has the same eligibility requirements as were used for
the 2014 Cotton Transition Assistance Program, including a $40,000
per producer payment limit, requirement to be actively engaged in
farming, meet conservation compliance and a $900,000 adjusted gross
here for a link to learn more about the Cotton Ginning
AFBF, Plains Cotton
Growers Applaud USDA Cotton Support Program
American Farm Bureau Federation was pleased with the
U.S. Department of Agriculture (USDA) Farm Service Agency (FSA)
announcement to provide an estimated $300 million in cost-share
assistance payments to cotton producers through the new Cotton
Ginning Cost-Share program.
"Farm Bureau commends Secretary
Vilsack's decision to provide a temporary Agriculture
Department program to help U.S. cotton farmers defray processing
costs, giving them hope as they face some of the most difficult
market conditions in more than a decade," AFBF President Zippy Duvall
"We are especially appreciative that Secretary Vilsack took the
time to work with us, the National Cotton Council and others to
arrive at this special, one-time arrangement without requiring
legislative action. This is a clear example of what we can accomplish
when we work together. Our cotton farmers and the rural businesses
they partner with will be better off because USDA took action to
address a serious market downturn in their industry."
Plains Cotton Growers, Inc., also commended the U.S.
Department of Agriculture for creating the much-needed assistance to
growers across the Cotton Belt.
greatly appreciate U.S. Secretary of Agriculture Tom Vilsack and the
USDA for listening to the concerns of cotton producers and coming up
with a viable short-term solution that will help us face some of our
challenges," PCG President Johnie Reed, a cotton producer
from Kress, said.
"We had hoped for some flexibility in the payment
limit, but we are grateful for the assistance, because our producers
certainly need it," Reed said. "We recognize that this is a
program for the near term, and we remain committed to working with
Congress and others in trying to establish cottonseed as an 'other
oilseed' under Title I of the 2014 Farm Bill, which would provide
long-term stability for our industry."
Oklahoma Wheat and
Canola Harvests Lag Behind Five-Year Average, But Quality Still Looks
The latest U.S. Department of Agriculture crop
progress report has corn planting 98 percent complete nationally.
That's up 4 percent over last week and just one point over the
five-year average. USDA reported 90 percent of the crop has emerged
in the top 18 states that plant 93 percent of the nation's corn
acres. Emergence made another big leap this week, up 12 points and is
currently 4 points higher than the five-year average. Soybean
planting has reached 83 percent. That's a gain of 10 points over last
week and 6 points ahead of average. For the complete USDA Crop
Progress report, click here.
Although heavy rain fell over most of the state of Oklahoma,
except for the Panhandle area, last week, wheat harvest did begin in
the state. In the weekly crop progress report from USDA, winter wheat
harvested reached 5 percent, down 4 points from the previous year and
down 26 points from the five-year average. Canola harvested reached
15 percent, up 10 points from the previous year but down 25 points
from the five-year average. Corn emerged reached 83 percent, up 2
points from the previous year but down 7 points from normal. Sorghum
planted reached 51 percent, down 9 points from the previous year.
Soybeans seeded reached 59 percent, up 18 points from the previous
year and up 8 points from normal. Soybeans emerged reached 33
percent, which is just 1 point lower than five-year average.Click
here for the full Oklahoma report.
All areas of Texas
experienced measurable rainfall last week, and flooding continued to
wash away crops and delay planting in areas of the Northern Low
Plains and the Cross Timbers. Heavy rains also continued to delay
wheat harvest across the state, with just 16 percent harvested. That
10 percent lower than the five-year average. Forty-four percent of
the wheat crop is rated in the good to excellent condition, with 43
percent of the crop in fair condition and 13 percent in poor to very
poor condition. Corn planting is nearing the five-year average at 96
percent, which is 6 percent higher than this time last year. Corn
emergence is up 12 points over last week but is still 3 points lower
than the five-year average. Sorghum was 82 percent planted, soybeans
were 84 percent, cotton was 65 percent done and peanuts were 86
percent planted. Click
here for the full Texas report.
wheat crop rated 60 percent good to excellent, 32 percent fair and
only 8 percent poor to very poor condition. Winter wheat coloring was
41 percent, ahead of 28 last year and the five-year average of 32.
Corn emerged was 88 percent, ahead of 77 last year, but equal to the
five-year average. Soybeans planted was 42 percent, ahead of 28 last
year, but well behind 64 average. Emerged was 24 percent, ahead of 18
last year, but well behind 45 average. Cotton planting was 34 percent
and sorghum was at 33 percent. Click
here for the Kansas report.
We are happy to
have the Oklahoma
Cattlemen's Association as a part of our great lineup
of email sponsors. They remind cattle producers that you can get
details about signing the petition for the right to vote on a beef
checkoff on their website- Click here for
their website to learn more about the OCA.
The Road Less Traveled -
Derrell Peel Says You Can Add Value to Your Calves in 2016
Each week, Dr.
Derrell Peel, Oklahoma State University Extension
Livestock Marketing Specialist, offers his economic analysis of the
beef cattle industry. This analysis is a part of the weekly series
known as the "Cow Calf Corner" published electronically by
Dr. Peel and Dr. Glenn Selk. This week, Dr. Peel looks some of the
ways that beef producers may be able to add value to their calves in
"A variety of production and marketing practices are available
to help cow-calf producers enhance calf values. Though these
practices are not new, many are still adopted by only a small
percentage of producers. The following summarizes several surveys and
feeder cattle pricing studies.
"Castration of bull calves is the most adopted among common
cow-calf management practices. Nevertheless, surveys show that 27
percent of Oklahoma producers don't use castration, a number that is
similar to national estimates. Calves marketed as bulls typically
receive a four to five percent price discount compared to steers.
Polled cattle are preferred to horned cattle. Dehorning calves with
horns avoids the two to three percent discount often applied to
horned cattle. Dehorning and castration are best done early to
minimize stress on cattle.
"About 35 percent of Oklahoma cow-calf producers vaccinate calves
prior to sale. Vaccinated calves usually receive a premium of one to
two percent over unvaccinated calves. Vaccination programs typically
include two rounds of Clostridial and respiratory vaccine. Weaning
calves prior to sale adds 1.5 to 3 percent to calf value. Conversely,
bawling calves are usually discounted at auctions. Roughly 40 percent
of Oklahoma producers sell weaned calves. The costs of weaning calves
are significant but weaned calves sell at heavier weights. The
premium for weaning is the additional value for calves at the heavier
weaned weight and are in addition to the added value of selling
"Castration, dehorning, vaccination and weaning are key
components of preconditioning programs. Completing a certified
preconditioning program such as the Oklahoma Quality beef network
(OQBN) or other VAC45 type programs further enhances calf value by
providing third-party verification of the production claims. In the
last several years, OQBN calves have sold at prices five to nine percent
above non-preconditioned calves in addition to selling at heavier
here to read more about increasing the value of your calves and
to find a link to the OQBN website.
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.
OSU's Justin Talley Says
Time is Now for Fly Control Options for Cattle
Summer means fly season, and so it's time to get ahead
of the problem before it creates a negative economic impact on your
cattle herd. Dr.
Justin Talley, a livestock entomologist at Oklahoma
State University, says one level of fly control to strongly consider
is insecticidal ear
Talley warns against putting ear tags in too early because the
efficacy will wear out before fly populations begin increasing at a
high rate in July and August.
"What we consider when you need to start implementing ear tags
are about 200 horn flies per animal," he says. "If that
animal is in good body condition score, they can probably handle more
than that, but at this time of year, we could have some animals at
that 200 horn flies per animal rate."
Talley says pour-ons and sprays are also fly-control considerations.
"When you're putting a pour-on on the animals to control stable
flies or horn flies in general, you're going to get anywhere from
about three to four weeks of control, where it's keeping them below
those economic threshold levels of 200 flies per animal," he
says. "So that means you're going to have to reapply."
Due to environmental challenges like precipitation and even heavy
dew, Talley say sprays can be a challenge.
"You can essentially depend on reapplying that product anywhere
from three to five weeks after that initial application," he
If using a pour-on or spray, Talley recommends creating a monthly
application schedule to maximize effectiveness.
And Talley says that it's important to rotate treatment chemical
classes, not just similar products with different names, so that the
flies do not build up resistance to the insecticides.
He says that rotation is more important when it comes to using ear
"You can switch out products with sprays and pour-ons on a
once-per-month basis, whereas with ear tags, it's once a year,"
Talley says. "So year one you start off with a organo-phosphate,
year two you can go into a pyrethroid and then year three you can get
into Ivomec-type tags."
Dr. Talley talk more about effectively controlling flies during the
summer months during the latest Beef Buzz.
Oklahoma Farm Bureau
Weighs in on Global Food Security Act
Washington, the US House may consider the Senate version of the
Global Food Security Act this week which passed the Senate earlier
this Spring. Proponents, including the Oklahoma Farm Bureau, say the
bill is an important step in the fight to end hunger and build
sustainable food systems in developing countries.
This measure would coordinate US global food security programming.
Oklahoma Farm Bureau President Tom
Buchanan is one of several farm leaders who is
calling for final passage of this measure- saying "we recognize
food insecurity issues still exist not only in Oklahoma, but also
around the world. "
Buchanan adds "We support the Global Food Security Act because
it will help educate farmers across the globe to use technology to
produce an abundant food supply for their citizens."
More details about the bill are available
This N That: Boxed Beef Update
with Ed and In the Field with Susan
In reviewing the latest Boxed Beef Update with USDA Market News
Czerwein- a couple of things stand out- first- our
price levels on boxed beef are significantly under that of a year
ago- and Ed points out that those lower levels have likely helped us
clear beef through the pipeline more easily than what we saw a year
ago as we moved through the Memorial Day holiday- and into early
Secondly- the price of 90% beef trimmings is also well under that of
a year ago- Ed says about 27% under that of early June 2015.
You can read more and hear Ed's comments on the wholesale beef trade
as it now stands by clicking
or tapping here.
Finally- In case you missed it- here
is a link to the News9 In the Field conversation that we had this
past Saturday morning with our friend Susan Allen with Dairy MAX.
We talked June Dairy Month and an initiative called Honor the Harvest
that dairy producers are now working on.
God Bless! You can reach us at the following:
Oklahoma Farm Bureau is Proud to be the
Presenting Sponsor of the Ron Hays Daily Farm and Ranch News Email