From: Ron Hays [ron@oklahomafarmreport.ccsend.com] on behalf of Ron Hays [ronphays@cox.net]
Sent: Tuesday, November 26, 2013 6:32 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update


 
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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:  

 

Ron on RON Markets as heard on K101  

mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.

 

 

We 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 Futuresclick here for the report posted yesterday afternoon around 3:30 PM.

 

 

Okla Cash Grain:  

Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture.

 

 

Canola Prices:  

Cash price for canola was $9.21 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.

 

 

Futures Wrap:  

Our Daily Market Wrapup from the Radio Oklahoma Network with Jim Apel and Tom Leffler- analyzing the Futures Markets from the previous Day.

  

 

Feeder Cattle Recap:  

The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.

 

 

Slaughter Cattle Recap: 

The National Daily Slaughter Cattle Summary- as prepared by the USDA.

 

 

TCFA Feedlot Recap:  

Finally, here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.

 

Oklahoma's Latest Farm and Ranch News

Presented by
 

Okla Farm Bureau    

Your Update from Ron Hays of RON
   Tuesday, November 26, 2013
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
Featured Story:
final2013cropFinal 2013 Crop Progress and Condition Reports Find Region's Crops in Great Shape 

 

Multiple fronts brought a cold and icy weekend to western and southern Oklahoma. The southwest received the most snow, with localized reports as high as 13 inches in parts of Harmon County. The central part of the state received mostly sleet and freezing rain on Sunday, while a significant rain fell Thursday and Friday primarily in the southeast.  Operators were beginning to graze cattle on small grains. Virtually all wheat had emerged by Sunday, slightly ahead of the five-year average.  Seventy-seven percent of the crop was listed in good or excellent condition according to the last USDA Crop Progress report for the year.  The state's canola crop was also in fine shape with 76 percent rated as good or excellent.  (Click here to read the full Oklahoma report.)

Temperatures dropped below normal throughout most of the Kansas by the end of last week as a wintery mix of precipitation swept across the region.  The state's winter wheat crop was rated as one percent very poor, three percent poor, 33 percent fair, 56 percent good, and seven percent excellent.  (You'll find the full Kansas report by clicking here.)

 

Winter wheat progressed well in the Texas Panhandle last week, particularly in areas that had received adequate moisture. Small grain seeding in southeast Texas was slowed, however, by wet weather.  Forty percent of the state's wheat crop was in fair condition last week, with 32 percent listed as good or excellent and 28 percent in poor or very poor shape.  (Click here to read the report from Texas.)

 

 

Sponsor Spotlight

  

We are very proud to have P & K Equipment as one of the regular sponsors of our daily email update. P & K is Oklahoma's largest John Deere dealer with ten locations to serve you.  In addition to the Oklahoma stores, P&K proudly operates nine stores in Iowa.  A total of nineteen locations means additional resources and inventory, and better service for you, the customers!  Click here to visit the P&K website, to find the location nearest you, and to check out the many products they offer the farm and ranch community.    

 

 

 

We are also pleased to have American Farmers & Ranchers Mutual Insurance Company as a regular sponsor of our daily update. On both the state and national levels, full-time staff members serve as a "watchdog" for family agriculture producers, mutual insurance company members and life company members. Click here to go to their AFR website  to learn more about their efforts to serve rural America!   

 

 
trendsmeanTrends Mean Changes to Oklahoma Pork Industry, Roy Lee Lindsey Says 

 

The pork industry in Oklahoma is benefiting from a number of trends currently changing the marketplace. One of those is the recently-opened public comment period on an EPA proposal to reduce the number of gallons of ethanol required to be blended into the nation's fuel supply is now open. Predictably, the ethanol industry is against the roll back in the Renewable Fuel Standard and cattle producers are pleased with the proposal. Roy Lee Lindsey of the Oklahoma Pork Council spoke recently with me and says Oklahoma pork producers will benefit if the standard is indeed rolled back.

"One is we believe it is going to have an impact on what we pay for grain. We've said from day one that we don't mind competing to buy grain, but we want to compete on an even playing field. And when you have a mandate that says you must produce so much corn ethanol, you're not competing on an even field to buy grain. So that's always been our big hesitation, our big objection to what the RFS has been."

Lindsey says he's seen some economists' numbers which say that the reduction in ethanol production would lead to a ten-cent-per-bushel drop in the price of corn. He said that would result in about three million dollars per year in savings to Oklahoma pork producers.

 

Roy Lee talks about a number of other trends affecting the industry including a change from finishing to sow operations and the progress in converting from gestation crates to open housing.   

You can catch our full conversation by clicking here.    

 

derrellpeelsaysDerrell Peel Says Cattle Markets Take a Holiday Breather

 

Derrell S. Peel, Oklahoma State University Extension Livestock Marketing Specialist, writes in the latest Cow-Calf Newsletter:

Feeder cattle markets, after an impressive counter-seasonal run this fall, appear to be taking a bit of a break before Thanksgiving. Feeder markets are holding mostly steady with slight gains still noted for lightweight stockers. Some winter grazing demand continues in Oklahoma but highly variable weather which includes cold temperatures and wet conditions has made receiving cattle and maintaining cattle health a challenge the past week or so. The replacement heifer demand that has been very impressive the past month seems to be mostly done for now. I expect breeding female demand to pick again next spring assuming forage conditions look favorable at that time.


Fed cattle prices have dropped back slightly from record levels but are holding close in the $130-$131/cwt level. Choice boxed beef prices dropped back $2-$3/cwt this past week to the $199/cwt. level. I expect cattle and beef markets to move mostly sideways for the remainder of the year though boxed beef could rebound slightly in early December. Continued decreases in cattle slaughter and beef production through the end of the year will help support prices near current levels for fed and feeder cattle.   

Click here to read the rest of Derrell's analysis. 

 

  

mycotoxinsfoundMycotoxins Found in Post Harvest Analysis of 2013 Corn Crop

 

All of the corn and corn silage samples submitted during the 2013 harvest tested positive for multiple mycotoxins according to a recent harvest analysis conducted by Alltech, a global animal health and nutrition company.

The Alltech Harvest Analysis North America (HANA) survey tested 101 samples from across the United States and Canada and demonstrated the need for producers to implement a mycotoxin management program to monitor the effects of toxins on all species throughout 2014. Despite more rainfall across the Corn Belt and yields pushing record production, farmers must consider quality rather than quantity. Quality not only includes nutritive value but also the presence and levels of mycotoxins in this year's crop.

Samples sent in from across the U.S. and Canada show that corn silage yields and corn grain tested positive for multiple mycotoxins (Figure 1).This follows what is being observed in that a greater percentage of feeds and feedstuffs are contaminated with multiple mycotoxins. The breakdowns for corn silage and corn (Figure 2 and 3) are almost identical in that Fumonisin is the most prominent mycotoxin and is followed by Fusaric Acid and Type B Trichothecenes.

Click here to read more of this story.

 

 

mayerranchmakesMayer Ranch Makes Lemonade out of Panhandle Drought

 

"You cannot starve a profit out of a cow, that's just a fact," says Joe Mayer of Mayer Ranch.

Common sense, perhaps, but the old saying is harder to rise above in the midst of the Panhandle drought. To do that, Mayer is always looking for better ways. The Guymon, Oklahoma, cattleman knows he must continually improve management and herd genetics to thrive on the 35,000-acre Mayer Ranch.

"We've been in a terrible drought. It doesn't matter. You have to provide them an adequate diet every day to meet their needs. It's just all about you're caretakers of the land and you are responsible for that cow's welfare. And, so, whatever it takes to do that, that's what you do. Saturday, Sunday, Christmas Day, it doesn't matter."

Mayer won the 2013 Certified Angus Beef commercial Commitment to Excellence Award this year and accepted it at the brand's annual conference in Palm Desert, California, in September.

You can watch a video version of this story or read more by clicking here.
 

 

FarmBillFarm Bill Talks Continue as Big Four Hook Up on Telephone 

 

 

There was a conference call that was held by the four leaders of the House and Senate Ag Committees as they continue to look for answers to how to break the logjam over the remaining issues that separate them from completion of the 2013 Farm Bill.  

  

We first heard about the conference call midday on Monday when we got the audio of a quick interview that your friend Mike Hergert of the North Dakota based Red River Farm Network did with Colin Peterson, top Democrat on the House Ag Committee.  He old Mike that the Conference Call was called by Chairman Frank Lucas who apparently had a compromise idea or two that he wanted to lay out on the table.

  

Peterson also talked about the differences of opinion that are in place over the Commodity Title- and he said it was not a "north-south" issue but rather ideological. We share his thoughts on our morning farm news for the Radio Oklahoma Network- click here to hear what Peterson said about these differences.


Later yesterday afternoon- Eric Wasson of The Hill.Com tweeted that the Big Four farm leaders met via conference call but that no progress was reported out of that session. 

You can read more about these latest developments on the Farm Bill by checking out the Tuesday morning report from Keith Good at the FarmPolicy.Com website- I incorrectly called it AgPolicy yesterday.  Click here for his post this morning- he pulls together several sources to offer an excellent overview as Keith always does.


 

COOLCOOL Rule Now in Place After Six Month Implementation Period

 

 

While groups opposed to the law are still hoping Congress will take action - new country of origin rules have taken effect (as of this past Saturday- November 23rd). Labels must now state where the animal was born, raised and slaughtered. USDA and supporters of COOL say this will provide clarity to consumers who want to know more about the origins of what they eat.  

 

But American Meat Institute Senior Vice President for Public Affairs Janet Riley says the rule is needlessly complex and confusing - adding that there are contradictions in the law. Ground beef labels only need to say the beef is a product of whatever countries the processor might have procured it from in the last 60 days, kidneys and other organ meats, meat sold to restaurants and processed meat are all exempt. Chicken requires the label while turkey does not.  

 

AMI isn't the only group unhappy with the COOL rule. Meat and food processors sent a letter to Congress last month noting that Canada and Mexico are still challenging the rule in trade court. If those countries retaliate with tariffs on food products made in the U.S. - the companies said it would cost billions of dollars and kill jobs here. If the World Trade Organization does rule in favor of Canada and Mexico as many expect,  Cargill's Mike Martin says they could again have to revise thousands of labels. USDA believes the rule complies with international trade laws.  

Our thanks to Midwest Farms Shows, P & K Equipment, Johnston Enterprises, Chris Nikel Commercial Truck Sales, American Farmers & Ranchers, CROPLAN by Winfield, Oklahoma Cattlemen's Association and KIS Futures for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked here- just click on their name to jump to their website- check their sites out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis- FREE!

 

We also invite you to check out our website at the link below to check out an archive of these daily emails, audio reports and top farm news story links from around the globe.

Click here to check out WWW.OklahomaFarmReport.Com 

 

 

God Bless! You can reach us at the following:  

 


phone: 405-473-6144
 

 



 
 
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