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weekdays- if you missed this morning's Farm News - or you are in an
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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 yesterday afternoon around
Oklahoma Farm Report Team!!!!
Senior Editor and Writer
Calendar and Template Manager
Markets and Production
Mueller, Web and E-mail Editor
Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Calls Oklahoma Wheat Harvest 71% Complete, Texas at 59% and Kansas
The latest Wheat Harvest Report for the southern Great
Plains has been released by Plains Grains, Inc. In the week since the
last report from the group, there has been significant harvest
progress made in Texas, Oklahoma and Kansas, while harvest has now
begun in Colorado.
According to Plains Grains- "The 2016 HRW wheat harvest is
moving rapidly north as hot and mostly dry weather prevail as
evidenced by harvest completion as of June 16 in Texas (59% vs
27% last week ), Oklahoma
(71% vs 28% last week) and Kansas (23% vs
1% last week). Test cutting is now reported within 50 miles (80 km)
of the Nebraska southern border in eastern parts of north central
Kansas. Rain and mud continue to be an issue for north and west
Texas, southwest Oklahoma and isolated areas of eastern Kansas. Some
of the fields in north Texas and southwest Oklahoma may not be harvested
due to high water and excessive mud.
"Preliminary testing of 46 samples from north Texas and Oklahoma
reflect numerous rain storms on the crop after ripening with test
weights lower than expected (below 59.0 lb/ac (77.6 kg/hl)). An
additional 23 samples are now in the lab and preliminary testing has
begun. Yields from Oklahoma extending northward into Kansas continue
to be very good with 30-50 bu/ac (2.0-3.4 tons/ha) still common. Long
wait lines are getting shorter, but many elevator locations have been
forced to use ground piles at least for short-term storage due to a
lack of elevator space (is usually the lowest protein)." CLICK
HERE for the complete Plains Grains report including the test
results from those first samples that have been analyzed for quality
A testament to the big yields and lack of storage space- wheat
Pederson wrote us an email just after midnight this
morning saying" harvesting winding down in the Burlington area.
Elevators full of high quality low priced wheat. Wheat is being piled
on the ground and flat storage structures like I've never seen in
this area before. Reports of very large yields. Most should be done
by this Saturday. At least, we should be anyway."
We will talk
about the Plains Grains numbers with Mark Hodges on Saturday morning
as Mark will be our guest In the Field on News9, KWTV in Oklahoma
City. If you miss it or live outside the News9 footprint- we
will be posting it later on Saturday on our website.
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.
Months Out from the Official Start of Veterinary Feed Directives for
Animal Ag- Richard Sellers Says Lots Still to Do to Avoid a
feed and livestock industries are six months away from the
implementation of the Veterinary Feed Directive that was announced
about three years ago. And, according to Richard Sellers,
Senior Vice President for Public Policy and Education at the American
Feed Industry Association, there is still a lot to do before VFDs can
be a smooth part of helping treat animals for disease. Sellers says
that there are thousands of labels that still must be updated to
reflect the new regulations that make up the VFD. He offered his
comments on Thursday afternoon in Ardmore at a seminar hosted by the
Noble Foundation on the subject.
asked Sellers if this regulation has been heavily impacted by
politics as well as by activists. He said "Politics is about
people - I think the FDA means well, this is a process that has gone
on for twenty years to try to change the way that we use drugs in
animal agriculture and I think they are doing it in a positive
manner and working with us and in the long run, I think we
will be able to work this out and the FDA has been very open in
discussions with us and we really appreciate it."
As for the activists, Sellers says that there are
groups who are convinced that the use of drugs of importance to human
health by food animals should not be allowed to continue.
Sellers acknowledges that there is a lot of work to do
in getting the drugs being utilized under a VFD as of January first.
The top priority for producers, according to Sellers, is to establish
a working relationship with a food animal veterinarian- you must
become a client of that Vet in order for him to be able to write a
Veterinary Feed Directive after January first.
Kim Anderson Says It Was
a Tough Week for Wheat Prices - But a Small Rally Might Be in the
Wheat harvest is rolling on across much of the state,
but it's hard to ignore the hit wheat prices took this week. OSU
Extension Grain Market Economist Dr. Kim Anderson says the lower
prices compared to the last few weeks are most likely from
"You know we talked about adequate space and we thought we had
adequate space to put everything, but I think there's some elevators
running out of space," he says. "When they run out of
space, then they gotta lower that basis because they're going to lose
some wheat if they have to put it out in bunkers or on ground
Anderson says the cash price was down $.50 to $.60. The market lost
$.40 on the futures price and another $.05 to $.15 on the basis
depending on the location.
Looking forward, Anderson says prices may continue to fall slightly
but the bottom is near.
"The market will probably waller sideways from here, and then I
think we're going to get a rally before we get into planting
time," he says. "Some producers just aren't going to plant
wheat if this price doesn't go higher because they're planting at
below cost of production."
here to listen to Anderson talk more current wheat market
conditions and be sure to catch him on SUNUP this weekend - Saturday
at 7:30 a.m. and Sunday at 6 a.m. on the statewide OETA network of
Farmers and Ranchers
Encouraged to Apply for USDA Grants to Increase the Value of Ag
Oklahoma agricultural producers are reminded that the
deadline is drawing near for the Value-Added Producer Grant (VAPG)
program. In April, Agriculture
Secretary Vilsack announced that up to $44 million
would be made available to farmers, ranchers, and cooperatives to
further process, package, or market the raw commodities that they
"This year's funding for Value-Added Producer Grants is a
substantial increase over recent years," said Ryan McMullen,
State Director for USDA Rural Development. "With quality
applications from Oklahoma's farmers and ranchers, we expect to have
a significant increase in the number of successful applicants this
McMullen indicated that Oklahoma agricultural producers have a strong
track record of successful applications. In recent years Red Rock
Premium Beef in Hydro, Oklahoma, used their grant to capture higher
returns by equipping their cattle production operation to sell cuts
of their high-quality beef at retail prices. Another recent grant
awarded to LOMAH Dairy in Wyandotte, Oklahoma, helped them to expand
their product line to include non-traditional dairy items such as
Skier and Kefir, in addition to traditional dairy items of yogurt and
Such grants can be used for working capital or to develop feasibility
studies, marketing plans or business plans. Priority is given to
veterans, members of socially disadvantaged groups, beginning farmers
and ranchers, and operators of small- and medium-sized family farms
The deadline to submit paper applications is July 1, 2016. Electronic
applications are due June 24, 2016. Additional information and
assistance is available by contacting USDA Rural Development at (405)
here for a link to the online submission website.
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.
OSU's Shannon Ferrell
Says Start Planning Now to Keep the Farm in the Family
Most farmers and ranchers dream of passing their
operations down to the next generation, but that can be a tricky
process for some families.
Shannon Ferrell, associate professor of ag economics
at OSU, is also a lawyer and is known nationally for his expertise in
legal issues down on the farm.
"If you ask any producer - farmer or rancher - their core value
is that they want to make sure their family can keep this farm
operation together to the next generation and that they can keep
their family engaged with that operation," Ferrell says.
"There's lots of emotional and business reasons for wanting to
Ferrell has presented seminars on estate planning all across the
country and says succession planning is more than just making a will
or a trust; it's a process.
"What we've really been kind of working on is trying to develop
an awareness with our audiences to say an estate plan is a critical
piece of this process, but it's a process - there are lots of steps
beyond that if you really want to make this business robust enough to
make that transfer to the next generation," he says.
Estate taxes have often been a concern for families in transferring
the farm to the next generation. Ferrell said the latest estate tax
reforms have improved in recent years. For example in 2016, he said
the exemption level has been raised to $5.45 million dollars. With a
spouse, the combined exemption totals $10.9 million dollars before
the estate taxes kick in.
"For the vast majority of our operations, there's not going to
be an estate tax bite," he says. "So long as you take the
bull by the horns and do some planning to make sure you take full
to Ferrell talk more about the importance of succession planning
during the latest Beef Buzz.
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.
Producer Optimism Shines
Through at the 2016 World Pork Expo
This year's World Pork Expo reflected an optimistic
tone as more than 20,000 producers and ag professionals, including
1,100 international guests from 35 countries, convened at the state
fairgrounds in Des Moines, June 8-10. Presented by the National Pork
Producers Council (NPPC), the 28th annual Expo featured the world's
largest pork-specific trade show, a range of educational seminars and
issue updates, and another Junior National swine show that filled the
barns to capacity. The Big Grill served up more than 10,000 lunches;
allied industry hospitality tents lined the streets of the Iowa State
Fairgrounds; and MusicFest provided an evening of fun and fellowship.
"World Pork Expo is a place where pork producers can network and
share ideas, see the latest innovations for their businesses and
broaden their expertise through a range of educational seminars and
updates," says John
Webber, NPPC president and pork producer from Dysart,
Iowa. "U.S. pork producers are optimistic by nature and are
looking forward to new packing capacity coming online. Some are
upgrading facilities and expanding production, and all are hoping to
continue to supply high-quality pork to the world through further
Junior National continues its
This year, the World Pork Expo Junior National started on Monday,
June 6, to accommodate the ever-expanding program. Hosted by the
National Junior Swine Association and Team Purebred, the Junior
National of has evolved into one of the nation's premiere youth swine
shows and educational events. In all, 948 youth from 30 states
participated in showmanship, swine judging and live-hog competitions
through June 10. Other activities during the week included Youth PQA
Plus certification and a Skillathon, which tests contestants' pork
A venue to exchange information and
Expo gives pork producers the opportunity to collect and share
information, whether it occurs one-on-one, within a seminar or
consulting with one of the nation's leading pork experts. More than a
dozen free business seminars and PORK Academy presentations this year
updated pork producers on ways to maximize their competitive
advantage from the farrowing house to the global marketplace. Expo
sessions also addressed some cutting-edge topics, outlining the
importance of cyber security, how to prepare for a common industry
audit and the upcoming changes to on-farm antibiotic use beginning
Jan. 1, 2017.
has announced dates for the 2017 World Pork Expo: June 7-9, at the
Iowa State Fairgrounds in Des Moines. Save the dates - it's never too
early to start making plans to attend.
here to read more about the World Pork Expo trade show and Junior
U.S. Poultry Exports
Forecast to Modestly Rebound in 2016
Below is IHS Maritime and Trade
senior economist Mario Moreno's
latest commodity snapshot on U.S. exports of poultry.
"US poultry exports tumbled 13.0 percent in 2015 for a total
volume of 3.5 million metric tons as China, South Korea, Angola, and
other major markets banned all poultry imports from the US since the beginning
of 2015, following a multistate outbreak of the highly pathogenic
avian influenza. Meanwhile, the Russian market continues to be closed
for all US poultry since August 2014, a retaliation response to
sanctions over Russia's annexation of Crimea.
"Market conditions have been very tough last
year, not only because of the import bans in major markets but also
the strength of the US dollar. Looking forward, a modest rebound of
3.1 percent is expected for 2016, thanks in part to an easy year-over-year
comparison base. Moreover, the strength of the dollar has eased, and
top buyer Mexico recently lifted its ban for US poultry products from
all US states, except the state of Indiana. Also, South Africa ended
its import ban on US poultry early this year."
To read the analysis on poultry exports for the balance of the year- click
World Series Ramps Up Saturday- Oklahoma Genetics Sponsoring Radio
A lot of you are really excited about the OSU Cowboys advancing to
Omaha- as they earned the right to play in the 2016 College World
Series that starts tomorrow. Their opening round game will be against
UC- Santa Barbara at 2:00 PM central time.
Oklahoma Genetics, Inc. is a
proud sponsor of OSU Baseball in their bid for a National
Championship, both having "Proven Performance" and a
Among the stations that will be carrying the broadcast are KTJS- AM at
1420 in Hobart, KWEY-
AM at 1590 in Weatherford, KMZE-FM
at 92.1 in Woodward and KMMY-FM
at 96.5 in Hugo- these are stations that are a part of the Radio
Oklahoma Network family- if you are looking for other stations that
are carrying the games- click
here for the complete list from the OSU Athletics website.
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