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-
here for this morning's Farm news
from Ron Hays on RON.
Let's Check the
on RON Markets as heard on K101
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
cash price for Canola is $11.77 per bushel-
New Crop contracts for Canola are now available at
$11.96 per bushel- delivered to local
participating elevators that are working with PCOM.
Daily Market Wrapup from the Radio
Oklahoma Network with Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
Previous Day's Wheat Market Recap- Two
Pager from the Kansas City Board of Trade looks at all
three U.S. Wheat Futures Exchanges with extra info on
Hard Red Winter Wheat and the why of that day's
National Daily Feeder & Stocker
Cattle Summary- as prepared by USDA.
National Daily Slaughter Cattle
Summary- as prepared by the USDA.
here is the Daily Volume and Price Summary from
the Texas Cattle Feeders Association.
Latest Farm and Ranch News
Update from Ron Hays of RON
Groups React to USDA Moving on GIPSA- We Talk With
Colin Woodall of NCBA
USDA has submitted modified sections of the
proposed GIPSA livestock marketing rule as Final
and Interim Rules for review by the Office of
Management and Budget (OMB). The Final Rule
contains provisions required by the 2008 Farm
Bill-the sections related to suspension of
delivery of birds, additional capital investment
criteria, breach of contract and arbitration-in
addition to a section on swine and poultry sample
contracts. The separate Interim Rule contains a
modified version of the section on poultry
tournament systems and is open for additional
indicates that they are no longer pursuing several
provisions from the original proposal, including
the sections that prohibit packer-to-packer sales,
prohibit a packer buyer from buying for more than
one packer and require packers to maintain
records. The remaining provisions from the
original proposed rule remain under consideration,
meaning USDA will not be submitting, at least not
anytime soon, the sections that prohibit undue
preferences or the section that changes the
definition of competitive injury.
the National Cattlemen's Beef Association has yet
to issue an official statement on these
developments, we had the opportunity to talk on
Friday afternoon with Colin Woodall of their
Washington, DC office about several aspects of
this latest move by the USDA. Woodall
expresses relief that the immediate moves by USDA
leaves the beef industry out of additional
regulation- he adds "we are not out of the woods
yet" because of the parts of the GIPSA Rule that
USDA promises to continue to noodle over. Click here for our full conversation
with Woodall- it provides a LOT of insight
into what NCBA sees as continued red flags from
the GIPSA process.
have statements that have come from both the National Farmers Union as well as
the Organization for Competitive
Markets- click on the respective name of the
group to view their comments- both groups say the
rules unveiled Thursday night/Friday morning were
a start- and they urge USDA to finish the
job-especially in the area of competitive
are pleased to have American Farmers &
Ranchers Mutual Insurance Company as a regular
sponsor of our daily update- click here to go to
their AFR web site to learn more about their
efforts to serve rural America!
we are proud to have P & K Equipment/ P
& K Wind Energy as one of our regular
sponsors of our daily email update. P & K is
the premiere John Deere dealer in Oklahoma, with
ten locations to serve you, and the P & K team
are excited about their new Wind Power program, as
they offer Endurance Wind Power wind turbines. Click here for more from
the P&K website.
also remind you about the current offer from
Legendary Restaurants of Oklahoma- Little Germany
Restaurant in Choctaw. Old Germany has a wide
variety of dishes that are part of the German
culture. With pepper steak, Bavarian round roast,
and pork schnitzel with mushrooms- a trip to
Choctaw is definitely in order. Click here for more details of this
week's offer- $50 worth of certificates for
just $25. And- check the restaurants that still have
a few certificates left- a couple of them
won't last much longer!
Totusek Lectureship Features Dave DeLaney of King
State University Animal Science Department hosted
the Totusek Lectureship this week and featured
Dave DeLaney, the General Manager of Ranch
Operations for King Ranch in Kingsville, Texas.
DeLaney covered a variety of topics including the
history of King Ranch, as well as, many changes
that are occurring too.
King Ranch is so unique because of the family,
which has a generational outlook and they are
dedicated to keeping the land as a working ranch
operation. There are many other alternative land
uses but they choose to use it basically as a
working laboratory says DeLaney. With an
incredible wildlife habitat, King Ranch is working
towards a way to make the livestock and ranching
industry compatible with wildlife in a working
In fact, the wildlife
operation makes up at least half of the income of
the ranch says DeLaney. Developing since the late
1980s, the wildlife operation at King Ranch has
served as an excellent way to hedge against
drought and bad cattle markets. DeLaney says that
the ranch has been profitable every year for
several years and a great extent of that is
because of the wildlife component.
Click here to listen to our
conversation with DeLaney on King
Sets New Annual Trading Volume Records For Hard
Red Winter Wheat
Kansas City Board of Trade during the month of
October set new annual trading volume records in
the Hard Red Winter wheat futures contract and the
exchange as a whole.
Through October 31, a
total of 5,646,965 HRW wheat futures contracts or
28.23 billion bushels had traded, exceeding last
year's annual volume record of 5,549,842 contracts
or 27.75 billion bushels by 1.8 percent with two
months remaining to build on the record. The KCBT
hard red winter wheat futures contract is the
world benchmark pricing mechanism for bread wheat.
Total exchange volume also set an annual
volume record this month with a total of 5,873,465
contracts traded, exceeding last year's annual
volume record of 5,697,874 contracts by 3.1
percent with two months remaining in the
Click here for more from KCBT on this
From the Drought of 2011
drought of 2011 will not soon be forgotten,
according to Chuck Coffey, Senior Ag Consultant at
the Noble Foundation. It's been a year of record
low rainfall and record high temperatures. Figure
1, which can be found by following the link below,
depicts 2011 rainfall and temperature for Oklahoma
compared to the averages for the last 30 years.
many of you did not receive anywhere close to the
5 inches of rainfall recorded in May. In my
travels across the region, I have seen many
overgrazed pastures, dried up ponds, springs and
creeks that are no longer flowing and wells that
have gone dry.
There was some localized
rain (2 to 3 inches) in September, but most
producers did not receive an amount significant
enough to grow late season forage or to be
confident in planting winter pasture. So what's in
store for the future?
Click here for more from Chuck Coffey
on the drought of 2011.
Angus Beef Sets Sales Record in
Angus Beef reached record sales again. Coming in
with the fifth consecutive year of growth in
sales, CAB is seeing a definite increase in beef
demand. The CAB brand's licensed partners marketed
about 807 million pounds of beef, which is almost
a 4% increase since 2010.
Randy Blach of
CattleFax says CAB is growing at a more rapid pace
than even what is being seen with just the average
domestic beef demand across the country. Blach
adds that many consumers are picking higher
quality when they go to retail stores to ensure a
better quality eating experience.
sales growth was balanced across the board with
increases among steaks, end meats, and ground
beef. Food service was also up by about 11% and
the international sales grew by about 13%. Blach
says that this is an opportunity globally because
of growing population and U.S. producers are
providing a high quality product.
Click here to watch the latest video
from CAB on record
Needed Rain Headed Straight at the
rainfall amounts along a band from the Red River
south of Ardmore northeast to the Miami area have
been impressive, with flood warnings out in
southern portions of the state. A couple of
Oklahoma Mesonet sites have received in excess of
five inches of rain- and with those kind of
totals- we made get runoff and ponds and lakes
having water levels finally on the rise after the
drought of 2011.
the National Weather Service sees a lot more
rainfall in other parts of the state- including
parched western Oklahoma. The latest weather
forecast discussion reads "By mid morning rich
Gulf moisture for this time of year will be
place region wide. Numerous thunderstorms
are expected this
morning- with greater
concentration of storms beneath a jet
disturbance in western and northern
Oklahoma. These storms will
lightning, heavy rain and small hail.
jet stream disturbance will arrive from
southwest Texas early this
afternoon and this
will maintain a chance of thunderstorms
northern, southern and eastern
Click here for the latest rainfall
totals for the state- we have this as a
realtime picture that will continue to update- we
have set it as the last 48 hours. And we remind
you we have a link to our weather page on our
website up on the left hand column under "Quick
Links." That gets you News9, News on 6, Mesonet
and the National Weather Service.
This Monday Morning to Dale DeWitt, Tammi Didlot,
Walt Olson and Chris Hitch
Dale DeWitt has been named the next
Majority Floor Leader of the Oklahoma House of
Representatives. Rep. DeWitt has previously served
as the Chair of the House Agriculture Committee
and as well as the Chairman of the Natural
Resources Committee. House Speaker Kris Steele
named DeWitt, R-Braman, to the position Friday to
replace outgoing Floor Leader Dan Sullivan,
R-Tulsa, who is leaving office later this month.
DeWitt will become Floor Leader effective Dec. 1.
Click here to read more about Rep.
DeWitt's new position.
also offer Congrats to Tammi
Didlot who was saluted on Saturday night
at the Diamond Hats Ball as the 2011 Agri Woman of
the Year by the Diamond Hats group. Tammi is
currently serving as not only the President of the
Oklahoma Cattlewomen- but is also the President
Elect of the American National Cattlewomen.
the Texas Cattle Feeders Association Convention a
week ago- a pair of Oklahomans are now in the
officer rotation for the organization that
represents feedlots in Texas, New Mexico and
Oklahoma. Walt Olson with
Tri-State Feeders in Turpin is now the Chairman
Elect of the group- while their new Vice Chairman
is Chris Hitch of Hitch
Enterprises in Guymon.
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