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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
Market Links are a service of Oklahoma Farm
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.
price for canola was $10.14 per bushel- based on
delivery to the Northern AG elevator in Yukon Monday.
The full listing of cash canola bids at country points
in Oklahoma can now be found in the daily Oklahoma Cash
Grain report- linked above.
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
Wednesday, November 21,
For Meat Producers-
Steve Meyer Says the Impact of Drought
will be a Multi Year
feed prices have hit meat producers all across the
board-cattle, pork, and poultry. Steve
Meyer of Paragon Economics spoke with me
at the recent National Association of Farm
Broadcasters Convention in Kansas City.
Meyers says poultry and cattle producers
got slammed by the high feed prices early and
hard, but pork producers haven't escaped the
"It has hurt the hog folks, no
question. We've had some sizable losses this year.
For those producers who are buying cash grain and
selling cash hogs right now, the losses are 30 to
40 dollars a head. It's pretty big."
says hog producers have become much more adept at
managing risk in the last five years by locking in
margins when those margins are offered. He says
that producers have not been liquidating sows and
have shown more ability to stay afloat than he
expected, but he doesn't think they can withstand
another year of crippling drought and high feed
As to what is going to
happen to U.S. meat production in the years ahead.
Meyer says we're going to see reductions all
across the board, but we'll see more reductions in
the beef cattle herd.
we're seeing in slaughter now are not because of
this drought, they're because of the 2007 and '08
runup in costs. It takes so long to react. So the
impact of this drought is going to be '14 and '15
in coming. I see lower beef supplies for the next
two to three years and record high beef
You can listen to our interview or
read more from Steve Meyer by clicking
are excited to have as one of our sponsors for the
daily email Producers Cooperative Oil
Mill, with 64 years of progress through
producer ownership. Call Brandon Winters at
405-232-7555 for more information on the oilseed
crops they handle, including sunflowers and
canola- and remember they post a links to
elevators buying canola on the PCOM website- go there by clicking
are proud to have KIS
a regular sponsor of our daily email update. KIS
Futures provides Oklahoma Farmers & Ranchers
with futures & options hedging services in the
livestock and grain markets- Click here for the free market quote
provide us for our website or call them at
1-800-256-2555- and their iPhone App, which
provides all electronic futures quotes is
available at the App Store- click here for the KIS
Futures App for your iPhone.
Billion in Indemnity Checks Flow to Farmers- More
the claims come in from one of the worst droughts
in decades, farmers and ranchers across the
country are receiving indemnity payments for the
losses they have incurred. To date, more than $5
billion has been sent to farmers. And while crop
insurance can be purchased to protect 128
different crops, the top five crops that suffered
the most damage from the 2012 drought are corn,
wheat, cotton, soybeans and grain
- Farmers will invest more than $4.1 billion
to purchase more than 1.2 million crop insurance
- Those policies protect more than 282 million
acres of eligible crops.
- 15,000 crop insurance agents and 5,000 loss
adjusters are working around the clock to help
farmers get their claims processed.
learn more about crop insurance in
America, click here.
Saves Americans $29.13 on Average Thanksgiving
is helping reduce the cost of the Thanksgiving
holiday for the average American family. More than
39 million Americans will take to the road for
their Thanksgiving holiday, traveling an average
distance of 588 miles, according to AAA. That
means the average American family traveling by
automobile this holiday will save $29.13 on
gasoline purchases because of ethanol.
May, the Center for Agricultural and Rural
Development (CARD) released a study by economists
at the University of Wisconsin and Iowa State
University finding that in 2011, ethanol reduced
wholesale gasoline prices by $1.09 per gallon
nationally. Those savings have a very real impact
on the average household budget. Ethanol reduced
the average American household's spending on
gasoline by more than $1,200 last year, based on
average gasoline consumption data. Since 2000,
ethanol has helped save $39.8 billion annually in
excess gasoline costs - roughly $340 per household
You can read more of this story by
Prices, Volatility in Grain Markets Illusory,
his weekly conversation for this week's
SUNUP show, Kim Anderson talks
with Austin Moore about seemingly
high prices and high volatility in the grain
markets. He says the numbers may be higher, but
the percentages tell the tale.
talking about prices moving in this 92-cent
sideways pattern and it's been in it since July
13th. What you've got to look at is let's go back
two years, three years, when prices were down
around the $3 level. If you got a ten-percent
price move with $3 wheat, that was 30 cents. Now,
with near $9 wheat, if you get a ten-percent price
move, that's 90 cents.
"And so what we saw
back a couple of years when we had lower prices
you had 30-cent channels. Now, with $9 wheat, we
have 90-cent channels. We really don't have more
volatility, but we do have variability in the
market because, also in the last five years, we've
seen prices move from about $3.08 up to as high as
$12.58 or about a $9.50-cent
spread. And there's a lot of
uncertainty and a lot of volatility in
Click here for more from Kim Anderson
and to see a full lineup for this weekend's SUNUP
show on OETA.
Pays to be Prepared for Prolapses in Beef
in the latest issue of the Cow-Calf Newsletter,
Glenn Selk, Oklahoma State
University Emeritus Extension Animal Scientist,
says it's not to early to begin preparing for
occasionally in beef cows. Most prolapses occur
very near the time of calving. Two distinct kinds
of prolapse exist. Uterine prolapse requires
immediate attention and if treated soon, most
animals have an uneventful recovery. If they
subsequently rebreed and become pregnant there is
no reason to cull animals suffering uterine
prolapse after calving. Uterine prolapse is not
likely to reoccur. Some may suffer uterine damage
or infection that prevents conception and should
therefore be culled. If the uterus becomes badly
traumatized before treating, the animal dies from
shock or hemorrhage.
however, that which occurs before calving is a
heritable trait and is likely to reoccur each year
during late pregnancy. Such animals should not be
kept in the herd. The condition will eventually
result in the loss of cow, calf, or both plus her
female offspring would be predisposed to vaginal
prolapse. Call your local large animal
veterinarian for proper treatment, or advice about
culling of any beef female that has been found to
have a prolapse.
Click here for more advice on
handling prolapse from Glenn
Little Turkey Talk for Thanksgiving
the late comedian Rodney Dangerfield might say,
"Turkeys don't get no respect..." Americans
consume nearly 100 million turkeys each year on
three major holidays. Some would contend
that the rest of the year, the noble bird is
seemingly consigned to oblivion- but there's also
lots of consuming of turkey these days the other
362 days of the year- my youngest daughter's
sandwich of choice at Subway- the Turkey
that being said- here are a few facts about the
bird Americans identify most with
- Ben Franklin - in a letter to his
daughter - proposed the turkey as the official
United States bird.
- In 2007 - the average American ate
17.75-pounds of turkey.
- The heaviest turkey ever raised was 86
pounds - about the size of a large
- A 15-pound turkey usually has about
70-percent white meat and 30-percent dark
- The male turkey is called a tom. The
female turkey is called a hen.
- The turkey was domesticated in Mexico
and brought to Europe in the 16th
- Wild turkeys can fly for short
distances up to 55-miles-per-hour and run
- Turkeys' heads change colors when they
- Most of the turkeys raised for
commercial production are White
- It takes 75-80 pounds of feed to raise
a 30-pound tom turkey.
- A domesticated male turkey can reach a
weight of 30-pounds within 18-weeks after
- Forty-five-million turkeys are eaten
each Thanksgiving. Twenty-two-million turkeys
are eaten each Christmas. Nineteen-million
turkeys are eaten each Easter.
- Male turkeys gobble. Hens do not. They
make a clicking noise.
- Turkeys have heart attacks. The United
States Air Force was doing test runs and
breaking the sound barrier. Nearby turkeys
dropped dead with heart attacks.
May your bird be a
dandy here in a 2012!
- The five most popular ways to serve
leftover turkey is as a sandwich, stew, chili or
soup, casseroles or as a
Thankful Here in 2012
many folks in agriculture- it's been a difficult
year. Our friends in the so called "corn
belt" have faced a once in a multi decade drought-
and we have all felt the impact of that- we have
reported on that many times this year- and even
have a couple of stories above in today's email
that reflect the impact of drought here in 2012
that will be stretching forward into 2013 and
here in the Oklahoma- it's actually year two of
drought for many farmers and ranchers- and that
has taken it's toll- even with a decent 2012 wheat
and canola crop for many which was produced
with just enough rain at just the right time-
which is something to be thankful for in and of
the miracle of agriculture- seeds being sown,
sprouting and producing in a bountiful way- and
animals giving birth and a tiny new life coming
into this world- these miracles have been repeated
over and over again this year as they have for
thousands of years- and we have enjoyed a front
row seat as we watch and participate in God's way
to provide food and clothing for a ever more
populated world. It's worthy of praise and
something to be constantly thankful for.
easy to focus on the difficulties. Wild
fires, dry ponds, elections not going your way,
the threat of war and so much more may be weighing
on your mind and perhaps your heart as we arrive
here at the 2012 Thanksgiving season. Your
focus may be more personal- the loss of a loved
one over this past year- or maybe you are walking
through that valley as Thanksgiving arrives this
for those that have a faith to undergird them-
these difficulties are not the focal point of our
lives. Rather, when things get tough- there is a
source of strength that can flow through our
lives. A guy by the name of Isaiah many
years ago penned a great word of encouragement for
even today- "But those who trust in the Lord will
find new strength, They will soar on wings like
eagles, They will run and not grow weary, They
will walk and not faint."
I wrap up this final email in advance of
Thanksgiving 2012, I am thankful for that new
strength that has been promised. I am writing this
from the little town that I grew up in many years
ago- watching my Mom take perhaps her final
breaths on this side of Heaven- knowing where she
will be when that last breath comes. Those words
from Isaiah where listed in the back of one of her
Bibles as one of her favorites. She and my Dad
have been faithful companions for the past 62
years- and it has been tough watching him having
to say goodbye over the last few days- yet his
faith of where she will be is strong and his vigil
by her side has been the talk of the staff in the
Hospice over this past week. I am thankful
for their example and how they formed who I am
today over the years.
am thankful this Thanksgiving 2012.
I hope you are, too- and that you have in your
life that hope that my Mom has in
her final moments on this earth.
reminder- no email tomorrow or Friday- we will
return with one on Monday, November
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