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!
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
here for the report posted yesterday afternoon
around 3:30 PM.
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
price for canola was $9.18 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 Jim Apel and Tom Leffler-
analyzing the Futures Markets from the previous
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, May 14,
Harvest Requires Solid Marketing Strategy, Kim
season is descending upon the Southern Plains and
it is still very much uncertain how much wheat has
escaped the drought and unseasonably-late freeze
unscathed. Oklahoma State University Extension
Grain Marketing Specialist Kim
Anderson says the markets are probably
not going to react as they do during a normal
harvest season. He spoke with me at the recent
Lahoma Wheat Field
"I don't know how
it could act like a normal harvest season because
we're not going to know how much-or how little, if
you want to put it that way-we're going to produce
before we cross the scales with it. We don't know
what the quality's going to be. You recall back in
2009 and 2010 when we had the poor quality wheat,
the basis was $1.00 to $1.30 below the Kansas City
or the KC contracts now. There's a lot of unknowns
He said the
disparity in the basis between the Chicago board
and the Kansas City board which has been growing
over the past few weeks will probably hold due to
the fact the soft red winter wheat crop is in
better shape than the hard red winter
with so much uncertainty surrounding production
and quality this year it can be hard for producers
to develop a marketing strategy, but now might be
a good time to consider
"If I knew I was going to
harvest some wheat, I'd probably go ahead and
price some and lock in this basis and lock in the
board price. The odds of it going higher if it
comes in below expectations, the futures could go
up, but that could be offset by a lower basis
depending on that quality.
as a producer, would probably not forward contract
or price some because I just don't know how much
I'm going to deliver to the elevator and I don't
want to sell more than I can bring in."
Click here to read more or to
listen to my conversation with Kim Anderson.
are 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!
A new sponsor
for 2014 for our daily email is a long time
supporter and advertiser as heard on the Radio
Oklahoma Ag Network- Stillwater
Milling. At the heart of the
Stillwater Milling business are A&M Feeds- and
for almost a century Stillwater Milling has been
providing ranchers with a high quality feed at the
lowest achievable price consistent with high
quality ingredients. A&M Feed can be found at
dealers in Oklahoma, Arkansas, Kansas and Texas.
Click here to learn more about
Farm Bureau Urges Legislators to Pass Drilling Tax
the state's largest agricultural organization,
Oklahoma Farm Bureau, voiced its support for the
continued development of oil and natural gas in
"OKFB opposes any legislative
action that would discourage exploration and
production of Oklahoma natural resources," said
John Collison, OKFB vice
president of public policy and media affairs.
A proposal at the state Capitol would
increase the state's gross production tax on new
wells from 1 percent to 2 percent for 48 months.
"While Oklahoma Farm Bureau does not
encourage the raising of taxes on oil and gas
production, we see this as a fair compromise,"
You can read the rest of
this story by clicking here.
the Millennial Generation With Agricultural
Products Through College Food
Millennial generation college students with the
agricultural products they want that are safe and
affordable is a tall order to fill. But that's
just what Sodexo's Rob Marasco
endeavors to do. He has more than 30 years of
experience in all facets of food service
management, including experience at noted
establishments such as the Kennedy Center and
Capital Hilton Hotel. He joined Sodexo in 1997 and
currently serves as the Senior Director of Offer
Marasco said that in
conversation after conversation, college students
say they want local foods to be a big part of
their dining experience. He spoke with a panel of
students at the Animal Agriculture Alliance's 2014
Stakeholder's Summit. In the latest Beef Buzz, he
says pinning Millennials down and finding out just
what that means helps his company fine tune their
offerings at campuses they serve nationwide.
"Is it important to you to see farmer
Joe's apple truck or chicken truck show up at the
loading dock? Is that what's important to you?
Because farmer Joe can't provide the volume we
need to support that campus for a week, a month, a
year. So, if that's what's important to you, let's
have that conversation and nail that down. We can
do that. But if you really want to identify
whatever the criteria is that you want
naturally-raised, hormone-free, free-range,
cage-free-whatever all those things are, if you
want that, that's a different conversation that we
would have with multiple suppliers that we work
with that really do the volume that we need to
make a difference and not just, maybe this is too
strong a word, greenwash it just to see the truck
show up once a week... We're not really
accomplishing anything for us, the client or the
Click here for more from Rob
Marasco on the latest Beef Buzz.
Set for Southwest Oklahoma Seat on Oklahoma Wheat
Oklahoma Wheat Commission will hold an election to
fill the District IV opening. The election will be
held Wednesday, May 14, 2014, commencing at 1 p.m.
at the Cotton County Electric Community Center;
located at 302 N. Broadway, Walters, Oklahoma.
District IV consists of Caddo, Comanche, Cotton,
Greer, Harmon, Jackson, Kiowa and Tillman
All wheat producers within
District IV boundaries who are actively engaged in
wheat production, have marketed wheat, and have
paid a check-off fee and left that fee with the
Commission for the current year are eligible to
vote. It will be the responsibility of the
producer to prove their eligibility to vote by
providing a dated grain elevator receipt including
the producer's name and amount of wheat sold, and
a driver's license or some other form of
Learn more about the
nomination and election process by clicking here.
Biodiesel Production Adds to Soybean Farmers'
year's record-breaking biodiesel-production total
means record-breaking industrial demand for U.S.
soybean oil and bigger profits for U.S. soybean
According to the U.S. Energy
Information Administration (EIA), the U.S.
biodiesel industry produced 1.36 billion gallons
of biodiesel in 2013, 37 percent more than in
2012. The EIA says that production required the
use of at least 5.5 billion pounds of U.S. soybean
That volume is the oil from more than
468 million bushels of U.S. soybeans.
You can read the rest of
this story on our website by clicking here.
Forage Offers New
and mulch often contain non-native weeds that can
cause infestations which adversely impact
agriculture, forest, recreational, and other lands
when these materials are transported. There is a
growing demand for certified weed-free forage and
mulch as a preventative program to reduce the
spread of noxious weeds. Certified weed-free
forage is required in many states and on federal
lands managed by the US Forest Service, Bureau of
Land Management, national parks, military, fish
and wildlife refuges and tribes. State and federal
agencies require certified weed-free mulch for
highway, right-of-way, restoration and reclamation
forage is of special interest to those who use
pack and saddle stock, such as horse owners,
outfitters, ranchers with grazing permits,
hunters, and contractors. Starting in June 2005,
visitors to national forests and national
grasslands in the Rocky Mountain region must
comply with a weed-free forage order. The order
covers all national forests and national
grasslands in Colorado, Wyoming, South Dakota,
Nebraska, and Kansas.
Oklahoma's certified weed-free
forage and mulch program offers many advantages.
It provides an opportunity for Oklahoma producers
to market certified forage and mulch as
Click here to read more.
N That- Big Iron, Cattle On Feed and Cargill May
Close Another Feedlot in the Texas
are 518 items for sale in these week's Big Iron
auction. The first three items close at 10
a.m. and then sales continue closing after that.
Click here to check out their
items. Each has a detailed description and
numerous pictures so you will know exactly what
you are bidding on.
you're new to buying and selling on Big Iron, you
can call District Manage Mike
Wolfe for more information at
580-320-2718 for more details. You can also
reach him via email at firstname.lastname@example.org.
are expecting April placements of cattle on feed
to be sharply lower in the USDA's upcoming Cattle
on Feed report due out May 22nd.
is projecting placements will be 6.1% lower than
last year. USDA's cattle feeding margin ended the
month with $216 per head profits on outgoing
cattle. This strong incentive for heavy placements
was curtailed by available feeder supplies. Corn
averaged $5.02 in Western Kansas in March ($4.85
in March, $6.72 in April 2013). April placements
help supply the September through November
Click here for more of
Rich Nelson's analysis on the
is pointing to an article of a couple of days
ago in the Minneapolis StarTribune that seems to
be saying that the Dalhart Feedlot owned by
Cargill may be closing.
closed their beef processing plant in Plainview in
2013- and have announced that they will be closing
the Lockney Feedlot they own at the end of 2014.
Lockney is south of Amarillo- the Dalhart feedlot
is in the most northwest county of the Texas
Panhandle- adjacent to Cimarron County, Oklahoma.
appears that the article is reporting that
Cargill's Bovina Feedlot will remain open.
Cargill website has no details of such a closure-
the Cargill site shows that the Dalhart Feedlot
has a one time capacity of 60,000 head and was
purchased by the company in 1975- at the same time
they bought their largest feedlot in Leoti,
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