|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 Farm Director and Editor
Carson Horn, Associate Farm Director and Editor
Pam Arterburn, Calendar and Template Manager
Dave Lanning, Markets and Production
Macey Mueller, Email and Web Writer
|Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Friday, July 1, 2016
Happy Fourth of July Weekend!
No Email on Monday- We Return July 5th
USDA Reports Offer a US Corn Acreage Surprise- We Have Oklahoma Numbers
USDA boosted corn acres above pre-report expectations to 94.15 million acres, up 7% from last year. Analysts say the corn acreage figure is one of the largest ever reported by USDA. Soybean acres also rose to 83.69 million acres, up 1% from last year. The corn acres were well above pre report expectations, while the soybean acres were in line with pre report guesses.
Wheat acreage also came in higher than expected, at 50.82 million acres. USDA pegged grain sorghum acres at 7.23 million acres.
US Cotton acreage is substantially higher in 2016. USDA reports the "Area planted to cotton in 2016 is estimated at 10.0 million acres, up 17 percent from last year. Upland area is estimated at 9.82 million acres,up 17 percent from 2015.Click here to read more
- we also have links to both the Acreage report and the Quarterly Stocks Report as well.Now- let's talk Oklahoma numbers.
Oklahoma acreage numbers for corn, soybeans and cotton are all up compared to 2015. State farmers have planted 450,000 acres of soybeans, up from 395,000 acres a year ago. Corn acres total 380,000 acres this year versus 310,000 planted in 2015- and for Cotton- farmers have put 300,000 acres of cotton in- compared to 215,000 acres a year ago.
Peanut acres(all contracted before planted) are up a tad in 2016- now at 12,000 acres this year versus just 9,000 in 2015.
The USDA also gives us their take on Canola acres- the USDA saying we planted 90,000 acres last fall and harvested 70,000 acres in May and June- well under the 115,000 acres harvested in 2015. It may well be that we harvested more pounds of canola this year compared to last- since the crop yielded a lot better this year versus 2015- we will have that number later in the year.One other number that I find interesting- and jives with what David Marburger told us yesterday
- as we chatted with him about this first experience with a hard red winter southern plains wheat harvest- he mentioned that he was having to work on getting his arms around dual purpose wheat.
Wheat farmers planted five million acres to wheat last fall- and USDA is saying we will harvest just 3.3 million acres for grain here in 2016. In contrast, Kansas planted 8.5 million acres last fall- and is harvesting for grain 8.1 million acres.
We lost some acres to freeze- but for many producers- the price of gain on their stocker cattle was worth more than the grain price of the wheat- especially based on cash wheat prices not a lot above three dollars a bushel. We obviously have harvested most of those acres- a few have been or are being abandoned- but the pasture element of our wheat industry is huge- and is always a factor in our wheat production equation.
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.
|Drought Slips Into Oklahoma- May Not Stay Long- Based on Thursday Rains
Drought has slipped into parts of central and northeastern Oklahoma in the last week- but the moderate drought rating could be short lived for at least a portion of that area. As you can see in the Drought Monitor graphic below, almost six percent of Oklahoma is now in moderate drought, the lowest rating for drought, while over 22% of the state now is abnormally dry and/or in the moderate drought category.
As this latest Drought Monitor was released Thursday morning, storms were on their way to parts of the drier areas of Oklahoma. It's likely that by the first Drought Monitor of July- some or all of the area showing drought will be wetter. Heaviest amounts of rain are forecast through the Fourth of July holiday and early next week in the north central and northeastern parts of Oklahoma- although the northwestern parts of the state have gotten HUGE amounts- The Buffalo Mesonet station reports 2.82 inches of rain
in the last 24 hours.
|OSU's New Small Grains Specialist David Marburger Arrives Just in Time for Wheat Harvest
Oklahoma wheat producers may have seen a new face pop up during recent field days or as they were harvesting their crop this summer. Dr. David Marburger has joined the Oklahoma State University staff as a small grains specialist and will lead the university's wheat variety trial program across the state. Marburger originally hails from Illinois. He earned an undergraduate degree in crop sciences from the University of Illinois and completed his graduate work at the University of Wisconsin - Madison. He worked in a similar applied research and variety trial program as part of the Wisconsin extension system.Marburger arrived in Oklahoma just in time for this year's wheat harvest and says the producers he talked to were very pleased with both the yield and quality of this year's crop."A lot of producers are really happy with the yields this year," he says. "They were saying they will - in their lifetime - never see yields this good again. And I hope they are wrong." Looking ahead, Marburger says he hopes to increase the number of trial sites in the state, but a lot of the research his team will do will remain the same - evaluating different varieties, comparing fungicide-treated and non-treated fields and improving dual-purpose production methods.Click here to listen to hear Marburger talk more about the OSU wheat variety trial program.Marburger will join me for my weekly In the Field segment on KWTV News9 in the Oklahoma City area on Saturday morning at 6:40 a.m.
Senate Sets GMO Labeling Vote for Next Wednesday- Oklahoma Ag Pushes Delegation to Vote Aye
U.S. Senate leadership has scheduled a vote next Wednesday, July sixth, on ending debate on the GMO labeling bill. The cloture vote is scheduled for 3:00 p.m. Eastern time Wednesday, according to the Senate schedule. The bill needs 60 votes for approval to end debate and head for final passage, before moving to the House of Representatives.
Several Oklahoma Groups are urging the Oklahoma delegation to support the Roberts-Stabenow compromise,
"Genetically modified crops have allowed farmers to significantly increase the quality of food and fiber they produce, all while using less land and fewer pesticides. This benefit is directly passed onto consumers, who enjoy the safest and most affordable food supply to date.
"Although the legislation makes GMO labeling mandatory, we believe a uniform, national standard is vital to avoid harming interstate commerce, confusing consumers and driving up food costs."
American Farmers & Ranchers President Terry Detrick encouraged the Oklahoma congressional delegation to support the legislation. The Senate is expected to vote on the issue after July 4th holiday.
"On behalf of the membership of American Farmers & Ranchers, I am writing you to express our support for the current genetically modified organism (GMO) labeling compromise bill spearheaded by Senators Roberts and Stabenow. We believe they have wrangled a difficult situation into a common sense solution.
"It is imperative Congress act in order to prevent a patchwork of mandatory regulations that could vary wildly from state-to-state. Yet it is equally important to find a balance between consumer information and industry viability. Scientists the world over have concluded GMO's pose no risk, but our society is demanding more information about their food."
The Oklahoma Agricultural Cooperative Council applauded Senator Jim Inhofe and Senator James Lankford on their procedural votes for GMO labeling, issuing the following statement this Thursday.
"We thank the senators for their leadership and support to advance the GMO labeling bill.
"We understand the GMO labeling bill has a long way to go to circumvent the Vermont law, but we think it is vitally important for consumers to understand that the patchwork of GMO labeling laws is an issue that would be detrimental to their pocketbook and to our livelihood. Congress taking swift action is important for consumers, farmers, ranchers and those involved in American agriculture."
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.
|Marketing Assistance Loans May Help Producers With Low Harvest Prices - Kim Anderson Explains
Oklahoma State University Extension Grain Marketing Specialist Dr. Kim Anderson says he's not sure wheat prices have reached the bottom yet - there could still be a $.20 to $.30 cent decrease. With millions of bushels of grain stored on the ground and domestic prices higher than the world price, Anderson says the price is going to have to come down in order to start moving wheat onto the market."We've got the summer crop harvest coming up. Corn's looking good; sorghum's looking good; beans are going in the ground and looking relatively good; we've been getting timely rains," he says. "We've got to put a lot of product in the bins this year and to do that we've got move some product. And to move product, you've got to lower the price to get it on there." If prices go up after the July Fourth holiday, Anderson says he thinks "we will have probably bottomed out, and we'll be moving up."As producers move forward, Anderson says the FSA Marketing Assistance Loan may be a good option to put a floor under prices. "Over the next nine months after they go in the loan, if prices go up, then they can take advantage of that price," Anderson says. "They'll pay a little storage, which they'd have to pay anyway, and they'll pay 1.5 to 2 percent interest on the loan."Anderson recommends producers call their county FSA office for more information on the Marketing Assistance Loan program or visit http://www.fsa.usda.gov/programs-and-services/price-support/commodity-loans/index.Click here to listen to Anderson talk more about current market conditions and the FSA Marketing Assistance Loan program, or you can watch him this weekend on SUNUP - Saturday at 7:30 a.m. and Sunday at 6 a.m. on OETA-TV
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.
Megan Rolf Discusses Research on Water Utilization in Cattle
In areas of the country where water is scarce, there can be competition between human, wildlife, livestock and other agricultural uses. Dr. Megan Rolf, animal science professor at Kansas State University, says having more information on how much water cattle actually consume could help contribute to conservation efforts.
Rolf worked in the OSU Animal Science Department for four years before making the move back to her alma mater this year. Before leaving OSU, she began working on a project focused on quantifying variation in water intake on a large scale and determining whether its a heritable trait in beef cattle that can be selected for. Rolf says water intake variation is heritable in laboratory species like mice, and she thinks it's likely the same for beef cattle.
One of the goals of Rolf's research is to identify the most water efficient animals.
"There is a lot of variation in water intake, and you have some animals in instances that will drink twice as much as another animal who's eating about the same amount of feed," she says.
Rolf says there are also water efficiency differences among the various breeds of cattle.
"Typically those breeds of Brahman decent that we think of as typically adapted to harsher environmental conditions tend to drink less water," she says.
Listen to Rolf talk more about water efficiency in cattle during the latest Beef Buzz.
| Welcome to Oklahoma Genetics!
We are very proud to welcome our newest sponsor for our daily farm and ranch news email- Oklahoma Genetics, Inc.
OGI is a non profit organized to help market the use of improved genetics, traits, and benefits of quality Pedigreed seed- primarily the winter wheat varieties developed by the Wheat Improvement Team at Oklahoma State University.
As they work with farmers who raise the wheat seed from great varieties like Duster, Gallagher, Iba, Doublestop CL
and most recently Bentley and Stardust
- they are able to deliver some of the best genetics in the hard red winter (and now hard white winter) wheat belt.
As farmers buy these varieties, a small part of the purchase price is a royalty that goes back to OGI- and a large part of that money ends up being paid back to Oklahoma State University to help keep the wheat breeding program one of the premiere public breeding programs in the country- and globally as well.
In February of this year- OGI Chairman Joe Shirley
and OGI Executive Director Mark Hodges
presented a check to OSU President Burns Hargis
for $643,739.89- money from royalties on wheat varieties developed by OSU.
To learn more about Oklahoma Genetics, click here
And to see a list of farmers and companies that will have seed wheat for planting this coming 2017 planting season, click here
|This N That: Superior Sale and Talking Fourth of July
This morning at 8:00 AM Central time is your next Superior Video Livestock Auction. Ahead of the sale at 7:30 AM is Superior Sunrise.
Today's sale will feature 17,500 head of cattle- and you can see the sale live by clicking here for Superior Click to Bid.
For more details about today's sale- click here.
Remember- starting a week from Monday is the 29th annual Week in the Rockies- originating from Steamboat Springs, Colorado. Superior is looking for 262,000 head of cattle to be sold that week- WOW- and you can click or tap here for more details.
This coming Monday is the Fourth of July- a great time to enjoy family and contemplate the birthday of our wonderful country.
I have heard it said- if you are born in this country- or have been able to move here and become a citizen- you have won life's lottery!
I don't buy lottery tickets- but this is one lottery that I am grateful and humbled to have won- and I am thankful to my God and His Son for placing me here in this place- here and now.
It's written that for those that have much- much is expected. As fellow citizens of these great United States of America- help us commit to being servant leaders- taking the lead and asking what can we do to make our communities, our organizations, our families better than they have ever been.
Happy Birthday America- May God Bless Our Country and You and Your Family!
As we celebrate with family this weekend- we will be not publishing a daily email this coming Monday- but will be back bright and early on Tuesday morning, July 5th.
Thank you for being a part of our email family- we are now in our tenth year of serving Oklahoma's farming and ranching community with this email- and we have been talking agriculture on the radio in Kansas and Oklahoma for 42 years!!!! Some days are better than others- but all in all, it's still fun!
See ya Tuesday!
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