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
on RON Markets as heard on K101
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
have a new market feature on a daily basis-
each afternoon we are posting a recap of that day's
markets as analyzed by Justin Lewis of KIS
Futures- and Jim Apel reports
on the next day's opening electronic futures trade- click
here for the report posted yesterday afternoon
around 5:30 PM.
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
price for canola was $11.11 per bushel- based on
delivery to the Northern AG elevator in Yukon yesterday.
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
Cattle Industry Convention: Rabobank Concludes
Falling Mexican Cattle Supplies Threaten Weaker
the last 30 years, Mexico has become an aggressive
exporter of feeder cattle to the United States.
The U.S. has relied so heavily on these imports to
supplement supply that experts are now calling the
levels of imported Mexican feeder cattle
According to a new report
from the Rabobank Food & Agribusiness Research
and Advisory (FAR) group, the availability of
cattle for shipment is expected to post a steep
decline in 2013, leaving the U.S. cattle feeding
industry searching for ways to make up for this
sharply reduced supply.
feeder and calf prices in the U.S., as well as a
favorable exchange rate, were factors in a surge
of exports to the U.S. over the last two to three
years," notes report author Don
Close, Vice President, Food and
Agribusiness Research & Advisory, Animal
Protein. "However, it was really the severe
drought in 2011 that prompted such a notable
increase in exports to the U.S. so that the levels
became unsustainably high.
"As we finished
up 2012, basically ten percent of the cattle on
feed supply in the total U.S. would be of
Mexican-origin. And if you look specifically,
because of the freight advantages of the
three-state TCFA area and Arizona and California,
we've jumped up to as high as 25 to 27 percent of
the total cattle on feed in that five-state area
of being of Mexican import."
As a result,
southern U.S. cattle feeders will be forced to
look further north and be more price-competitive
in the central and western U.S., in spite of the
freight disadvantage. With the U.S. cow/calf herd
already at a 50-year low, such new competition is
likely to force feeders with weaker supply sources
or weaker operating finances out of the market.
Click here to read more from Don
Close. You'll also find the audio of our
is great to have as a regular sponsor on our daily
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are pleased to have American Farmers
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Cattle Industry Convention: Drought Squeezes
Feedlots, Offers Opportunities for Cow-Calf
Brink with JBS Five Rivers Cattle
Feedlots spoke at the 2013 Cattle Industry
Convention in Tampa, Florida, about challenges
facing cattle feeders and packers. The liquidation
of the domestic cow herd in response to the
ongoing drought has decimated feeder numbers and
has reduced the number of replacement heifers
available at home and abroad. All indications are
that things will get worse for the industry before
they get better.
Brink spoke with me
after his presentation and said the competition
for feeder cattle among feedyards will force some
very tough decisions.
have about 20 to maybe as much as 25 percent
excess capacity depending on how you measure it.
And so I think what I see a lot of feedyards doing
is they're, in some cases, downsizing their yards.
So, in other words, the yard that might be
30,000-head capacity may only be feeding 20,000
cattle. And they're keeping the yard open, but
they are downsizing to fit the supply. Sometimes
those adjustments happen a lot more slowly than
you'd like to see them happen in a way, but it's
hard for people to make those decisions because
it's downsizing their business and downsizing
"You have to downsize
your staff, unfortunately. You have to downsize
everything that you can. And you can't change the
facility and you can't the mill or some of those
fixed aspects very fast."
Click here for more on this story and
to listen to my interview with Tom.
Says KCBT Move to Chicago Probably 'Much Ado About
Nothing' for Producers
his preview for this weekend's SUNUP program, OSU
Grain Marketing Specialist Kim
Anderson takes a look at the announcement
by the Chicago Mercantile Exchange that the hard
red winter wheat trade being handled on the Kansas
City board will be moving to the Windy City.
"They're making noises like it's going to
improve efficiency. They'll probably have more
volume, a higher number of trades. But if you'll
look back a year or so when we had the basis
problems at the Chicago Board of Trade with the
settlements for the corn, the beans, the wheat, we
didn't really have those problems with the Kansas
City Board of Trade wheat.
"I think the
Kansas City Board of Trade has been relatively
efficient over the past few years. I don't know
that we will increase efficiency. We may narrow
that bid-offer spread a little bit and that may
improve the price maybe just marginally-a tenth of
a cent, a half a cent-maybe for producers.
"But I think it will just be a move from
Kansas City to Chicago. I don't think the producer
will see very much."
You can hear more from Kim Anderson
as well as see fhe full SUNUP lineup by clicking
Extends Census Deadline, Reminds Producers It's
Not too Late
and ranchers across the country are heeding the
call to have their voices heard and their farms
represented in the 2012 Census of Agriculture.
With 1.4 million Census forms returned, the U.S.
Department of Agriculture (USDA) is thanking
everyone for speaking up for their communities,
their industry and their future by sending in
their Census form. For those who missed the
deadline, USDA reminds producers that their farm
is important and needs to be counted. As a result,
Census forms are still being
"Information from the Census of
Agriculture helps USDA monitor trends and better
understand the needs in agriculture," said
Agriculture Secretary Tom
Vilsack. "Providing industry
stakeholders, community leaders, lawmakers and
individual farm operators with the most
comprehensive and accurate U.S. agricultural
reports, we all help ensure the tools are
available to make informed, sound decisions to
protect the future of American agriculture."
The deadline for submitting Census forms
was February 4, and many farmers and ranchers have
responded. However, those who did not respond by
the original due date will receive another copy of
the form in the mail to give them another
Click here for more.
Conservation Districts Encourage Landowners to
Consider 'Prairie Chicken Insurance'
recent announcement by the Oklahoma Department of
Wildlife Conservation (ODWC) of an agreement
reached with the U.S. Fish and Wildlife Service
(FWS) to offer landowners options for assurance
against additional requirements if the Lesser
Prairie Chicken is listed as Endangered or
Threatened species should be greeted as welcome
news according to Joe Parker,
President of the Oklahoma Association of
Conservation Districts (OACD). The agreement,
Parker said, amounts to insurance for a
participating landowner against any additional
action by the FWS if the Lesser Prairie Chicken is
"We're pleased that U.S. Fish and
Wildlife and ODWC were able to negotiate out an
agreement that offers landowners a path to
certainty if the Lesser Prairie Chicken is listed
under the Endangered Species Act," Parker said.
"With this action we can provide farmers, ranchers
and other landowners the information they need to
help them stay out of the regulatory cross-hairs
while helping improve the wildlife habitat on
The newly created agreement
is called the Candidate Conservation Agreement
with Assurances Program (CCAA). Landowners who
have approved management plans in place with the
CCAA before the final listing decision is made on
the Lesser Prairie Chicken will have the guarantee
of assurances against certain liabilities and
federal restrictions in the event that the species
is listed as a threatened or endangered species.
Click here for more details.
at OSU Developing a 'Car Wash for Meat'
enter onto an automated conveyor belt rolling
through a darkened tunnel, while passing several
pieces of equipment, each with a specific purpose
- rinse, soap, foam and dry. You exit squeaky
clean and free of flaws.
What if this same
concept were applied to meat products to eliminate
possible bacteria that could harm consumers and
devastate a meat manufacturer?
State University's Robert M. Kerr Food &
Agricultural Products Center is doing just that,
researching what some are calling a "carwash for
The FAPC is currently collaborating
with Ross Industries, Inc., headquartered in
Midland, Va., to research the use of antimicrobial
spray treatments on blade tenderized meat.
"Many companies in the meat industry use
mechanical tenderization to render cuts of beef a
little tenderer than they currently are," said
Peter Muriana, FAPC food microbiologist.
You'll find more of this story on our
webpage. Click here to go
N That- Light Rainfall Totals from Thursday, Lucas
to be Honored and Drop Credit Good
we wrap up our time in Tampa today- if we were
asked once yesterday- we were asked a thousand
times if we were getting any rain "back home."
Well, the answer at the end of the day is- a
little bit- if you call home from I-35 east in
have the graphic from the Oklahoma Mesonet sites
that shows where the rain fell in this latest
pulse of moisture that moved quickly across the
state- bragging rights for the largest rainfall
totals goes to Centrahoma (down
close to Atoka) with .57 of an inch of rain. Click here to take a look- and we
also have a link to the latest forecast graphic
that continues to call for wider rainfall this
weekend on Saturday evening- let's keep
2013 Legislative Conference of the Oklahoma Farm
Bureau will be a time where Oklahoma Congressman
Frank Lucas will be honored by
not just the state Farm Bureau- but by American
Farm Bureau as well- AFBF President Bob
Stallman will load up and haul the Golden
Plow award to Oklahoma to hand over to the
Chairman of the House Ag Committee Monday evening,
February 18 in front of his Oklahoma congregation
of farmer-rancher faithful- who have cheered the
Roger Mills County rancher on for his fight to get
a farm bill done in 2012. Click here for full details of the
Conference- that will look at both state and
national issues for the general farm
we will be getting to his full comments next week
as far developing a story for you- but the
President of CEO of the US Meat Export Federation,
Phil Seng, is almost giddy with
the thought of finally getting fuller access into
the lucrative Japanese market. In our conversation
with him here in Tampa at the Cattle Industry
Convention- he said a safe bet was that the US
Drop Credit for beef cattle will rise because of
the move by Japan. Phil Seng says the
Japanese consumers love beef liver and tongue and
other variety meats- and he flat out said- the US
Drop Credit (the compilation of the value of the
hide as well as all of organ cuts of beef) will be
headed higher- no doubt about it. Seng adds that
the trade under the relaxed standards will ramp up
quickly- as most of the players have had time to
get ready- and he calls this a huge win win for
Japanese consumers as well as US cattle
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