From: Ron Hays [ron@oklahomafarmreport.ccsend.com] on behalf of Ron Hays [ronphays@cox.net]
Sent: Wednesday, February 12, 2014 6:29 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!
Our Market Links are Presented by Oklahoma Farm Bureau Insurance

Ok Farm Bureau Insurance     

 

   

  

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 $8.09 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 Ed Richards 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
   Wednesday, February 12, 2014
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
Featured Story:
usredmeatU.S. Red Meat Exports Close 2013 on a Mixed Note 

 

Exports of U.S. beef, pork and lamb closed 2013 on a mixed note. Beef exports eclipsed the $6 billion mark for the first time, setting a new annual value record. At the same time, pork exports declined below 2012's record highs while lamb sales rose in value on lower volumes according to statistics released by the USDA and compiled by the U.S. Meat Export Federation (USMEF).

Beef exports continued their surge in December, surpassing year-ago totals by nearly 13 percent in volume and 20 percent in value led by growth in sales to Japan, Mexico, Hong Kong and Central/South America. Totals for 2013 were up 3 percent in volume to 1.17 million metric tons (mt) and 12 percent in value ($6.157 billion) - breaking the 2012 value record.

Pork exports exceeded $6 billion for the third consecutive year, but declined 5 percent in volume and 4 percent in value behind 2012's record pace, finishing at 2.14 million mt valued at $6.05 billion. Mexico, Central/South America and the ASEAN region posted strong results in December to bring the month's totals up slightly from year-ago levels.

U.S. lamb exports closed with double-digit increases in volume and value in December to finish the year up 7 percent in value ($28.1 million) on 6 percent lower volume (12,332 mt). Mexico, Canada and the Caribbean continue to be the top lamb export markets.

"2013 presented a new set of challenges," said USMEF President and CEO Philip Seng. "Last year, the closure of the Russian market to U.S. red meat products and our continued absence from the dynamic beef market in the People's Republic of China stand out. And there were challenges in other markets, ranging from Indonesia to Saudi Arabia. The industry is focused on these challenges and USMEF is targeting the markets where we have the best chance of succeeding and creating a positive return for American producers and exporters." 

 

Click here to read more of this story.   

 

 

Sponsor Spotlight

 

Midwest Farm Shows is our longest running sponsor of the daily email- and say thanks for all of you that participated in the 2013 Tulsa Farm Show. AND- they are excited to announce changes coming to their spring farm show held each April in Oklahoma City.

Launched in 2005 as the Southern Plains Farm Show, the show will now be billed the Oklahoma City Farm Show. The name change is designed to clearly communicate the show's location, and also signifies the plans for a long term partnership with the community and State Fair Park, a world-class event site. The show continues as the premier spring agricultural and ranching event for the southern plains area, with over 300 exhibitors featuring over 1000 product lines for three big days. Click here to visit their new website and make plans to be a part of the 2014 Oklahoma City Farm Show! 
  

 

 

  

We are delighted to have the Oklahoma Cattlemen's Association as a part of our great lineup of email sponsors.  They do a tremendous job of representing cattle producers at the state capitol as well as in our nation's capitol.  They seek to educate OCA members on the latest production techniques for maximum profitabilty and to communicate with the public on issues of importance to the beef industry.  Click here for their website to learn more about the OCA. 

  

 

usdaacceptingUSDA Says Net Farm Income Forecast To Fall 26 Percent in 2014

 


Net farm income is forecast to be $95.8 billion in 2014, down 26.6 percent from 2013's forecast of $130.5 billion. The 2014 forecast would be the lowest since 2010, but would remain $8 billion above the previous 10-year average. After adjusting for inflation, 2013's net farm income is expected to be the highest since 1973. In comparison, the 2014 net farm income forecast would be the seventh highest. Net cash income is forecast at $101.9 billion, down almost 22 percent from the 2013 forecast

Some of the highlights of the report according to USDA-

  • The projected $3.9-billion (1.1 percent) decrease in total production expenses in 2014 would be only the second time expenses declined in the last 10 years.
  • Livestock receipts are expected to increase 0.7 percent in 2014, largely due to a 7-percent increase in dairy receipts.
  • Crop receipts are expected to decrease more than 12 percent in 2014, with an almost $11-billion decline in corn receipts and a decline in soybean receipts of more than $6 billion.
  • The elimination of direct payments under the Agricultural Act of 2014 and uncertainty regarding enrollment and payments during calendar-year 2014 result in a projected 45-percent decline in government payments.
  • Farm equity is projected to reach another nominal record, despite the substantial slowdown in asset growth and the expectation of higher debt levels.
  • Farm financial risk indicators are expected to continue at historically low levels.

Click here for more details and a link to the full report from Uncle Sam.

  

porkcheckoffstudyPork Checkoff Study Shows America's Love for Pork Continues to Burn Strong

 

Results of a new consumer tracking study released today by the Pork Checkoff find that more American consumers are reporting an enduring love for pork. Key research findings show more U.S. consumers rate their enjoyment of pork higher than in previous studies. Additionally, consumer-buying habits measured by the U.S. Department of Agriculture also show more consumers are buying pork.

"People are becoming more passionate about their consumption of pork," said David Newman, chair of the Pork Checkoff domestic marketing committee and a pig farmer from Fargo, ND. "These two studies confirm that consumers are eating more in recipes and as a menu item because of its value, flavor and versatility."

Consumers taking part in the Pork Checkoff study were asked to rate pork cuts on a 10-point scale, resulting in a demonstrated increase in the volume of consumers who rank pork as an eight or higher.

 

Click here to read more.

 

rfasbobdinneenRFA's Bob Dinneen Applauds New Farm Law, Urges EPA to Protect Ethanol Blend Volumes

 

President Obama signed into law the Agricultural Act of 2014 last Friday. Bob Dinneen, president and CEO of the Renewable Fuels Association, issued the following statement:

President Obama and Congress are to be applauded as the Farm Bill of 2014 becomes law. The President is absolutely correct to champion the economic benefits of this legislation on rural America. Creating jobs and economic opportunity is most challenging in rural communities, which is why the President has long supported and appreciated the value of the American biofuels industry...

To build on the success of the Farm Bill, we call on President Obama and the Environmental Protection Agency to protect the RFS and restore the 2014 conventional ethanol requirement to its statutory level. The President is right to champion rural America and the time to fight for the RFS is right now. If the EPA's proposal to decrease the conventional ethanol portion of the RFS becomes a reality, rural America will be hit the hardest. Farm income will fall, corn prices will sink, and land value will fall. Much like the Farm Bill, it may be a long and hard fight but we will continue fighting for American farmers, consumers and rural communities.

You can read more of Bob Dinneen's statement by clicking here.

 

fapstoholdFAPC to Hold 14th Annual Research Symposium

 

Oklahoma State University's Robert M. Kerr Food & Agricultural Products Center, together with the Institute of Food Technologists-Oklahoma section, are sponsoring the 14th annual FAPC/IFT-OK Research Symposium to highlight food and agricultural products research conducted by FAPC and other OSU researchers.

The symposium will be held Feb. 18 in room 201 of FAPC from 8 a.m. to 12:45 p.m. and will feature oral and poster presentations and two speaker presentations.

"The event will provide an opportunity for graduate students to make presentations of their work and for researchers to network with others in the food and agricultural field and possibly foster future collaborations among colleagues," said Peter Muriana, FAPC food microbiologist and chair of the symposium.

 

For more details and registration information, please click here.

 

technologydataTechnology, Data Privacy Concern Farmers and Ranchers

 

One of the most important issues related to "big data" goes directly to property rights and who owns and controls farm-level data that may be collected, the American Farm Bureau Federation told Congress today. Risks to privacy that farmers face are of great concern, according to Farm Bureau.

"For years, farmers have used technology advances to better match varieties of seeds, production inputs and management practices with specific field characteristics," said Brian Marshall, a farmer and Missouri Farm Bureau member testifying to the House Small Business Committee on behalf of AFBF. Further, noted Marshall, "While farmers have been experimenting for well over a decade, only now is the industry starting to consider all the uses of this transformative technology."

Farmers are right to be concerned about data privacy, Marshall said, in part because the information collected is valuable to companies. Also of concern are the risks to privacy that farmers could face related to the release of information about pesticide use or biotech crops, which are accepted farming practices that have been dubbed politically unpopular.  

 

You can read the rest of this story on our website.  Click here to go there.  

 

 

bigironThis N That- OALP Grad Brags on Value of Program, Big Iron Wednesday Closings and OCIA Meeting This Weekend

 

 

As Class 16 of the Oklahoma Ag Leadership Program prepares to leave for their capstone international travel experience to South Africa this week, we look back at a graduate of the program and ask what the program has done for him. John Pfeiffer of Orlando, Oklahoma was a member of Class One of the program. We caught up with John at the Cattle Industry Convention in Nashville this past week- and asked him about how the program changed his view of US agriculture and its place in today's world.

 

Check out John's comments on OALP and the value it has had in his professional life- click  here to learn how John values that experience in Class One of the OALP way back in the 1980s.

 

AND remember- we will be updating you on how Class XVI gets along in South Africa over the next couple of weeks here in our daily email as well as on our website.

 

 

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Big Iron's weekly no-reserve auction features 332 items this week.  Items will begin closing at 10 o'clock this morning.  Click here to check out the lineup of this week's sale.  Each item is described and thoroughly pictured on the website, and includes the owner's phone number if you have further questions.

 

If you have more questions about buying or selling on BigIron.com, give District Manager Mike Wolfe a call at 580-320-2718  and he will give you the lowdown on how Big Iron can work for you.

 

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The 2014 annual meeting of the Oklahoma Crop Improvement Association is set for Friday and Saturday of this week at the Embassy Suites on the west side of Oklahoma City.   

 

Click here for more details- looks like an excellent meeting that OCIA has planned- which will also include the Ok Genetics Inc. annual meeting as well.

 

 

 

 

Our thanks to Midwest Farms Shows, P & K Equipment, Johnston Enterprises, American Farmers & Ranchers, Stillwater Milling Company, CROPLAN by Winfieldthe Oklahoma Cattlemens 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
 

 






Oklahoma Farm Bureau is Proud to be the Presenting Sponsor of the Ron Hays Daily Farm and Ranch News Email  

 

 


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