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.
Cash price for canola was
$6.73 per bushel- based on delivery to the Northern AG
elevator in El Reno 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
Daily Market Wrapup from the Radio
Oklahoma Network with Leslie Smith 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
Friday, October 3,
Champion Steer Tops Year Ago- Sells for $37,500 at
the 2014 Tulsa Junior Livestock Sale
The grand finale of the Tulsa State Fair
Junior Livestock Show is the Auction of the top
animals of five different species. Leading off the
sale, as is the tradition, was the Grand Champion
Market Steer- shown by Lauren
Bilderback of the El Reno FFA
The Steer fetched $37,500 for
Lauren- and that cost was shared by L.C.
Neel, McDonalds, American Farmers and Ranchers and
Farm Credit of East Central Oklahoma.
Neel is a long time supporter of the sale at the
Tulsa State Fair- and has bought one or more of
the top animals for decades. The $37,500 compares
to the $35,000 paid for the top steer in both 2013
and 2012. Our picture here is of Lauren, L.C. Neel
and the steer sharing a few words together after
the auction was done.
The Reserve Grand
Champion Steer was shown by the owner of the 2013
Grand Steer- Baylor Bonham of
Newcastle FFA. Bonham saw his steer bring $20,000
on Thursday afternoon, with L.C. Neel
joining with Murphy Brothers(the Carnival
operator of the Fair) to buy the number two
As for the other
Grand Champion Barrow- Shown by
Delynna Beard of El Reno FFA,
sold for $12,500- the buyers were the
Oklahoma Pork Council, Oklahoma Farm
Bureau and the Tulsa
Grand Champion Market
Lamb- Shown by Emily Smith of Elk
City FFA, sold for $12,000- the Buyer was
Murphy Brothers- the amusement
ride vendor for the Tulsa State Fair.
Champion Market Goat- shown by Johnna
Stottlemyre of Luther FFA, sold for
$10,000- the buyers were Expo Serve and
the Tulsa Ringmasters.
Champion Broiler Pen- shown by Landon
Harmon of Perry FFA, sold for $5,000- the
buyer was Murphy Brothers.
have details of what the Reserve Champion animals
brought as well- click or tap here to review that-
plus we have an audio overview of the 2014 sale
you can hear and a link to all of our pictures
that can be found on FLICKR.
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
profitability 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.
Equipment has ten locations in Oklahoma
and as the state's largest John Deere dealer, has
been bringing you the best in John Deere
equipment, parts, service, and solutions for
nearly 30 years. The P&K team operates
with honesty and a sense of urgency... getting you
what you need, when you need it. With an
additional nine stores in Iowa, P&K has the
extra inventory and resources, to provide you, the
customer, with a better experience all around. Click here to visit P&K on the
web... where you can locate the store nearest
you, view their new and used inventory, and check
out the latest
Wheat Growers Urge USDA to Follow the Law
and Implement APH in
Wheat Growers President Curtis
Vap is calling on the U.S.
Department of Agriculture to implement a
key provision of the Farm Bill for Oklahoma
producers who have faced multiple years of severe
Lucas succeeded in including a key
provision for producers," said Vap. "The provision
would allow producers to maintain adequate crop
insurance to cover their expected production in
exchange for paying a higher premium to cover any
provision of the Farm Bill became effective on
February 7 when the Farm Bill was signed into law,
USDA "has refused to implement it," ultimately
concluding it would be delayed until 2016. Though
Tuesday was the sales closing for wheat insurance,
USDA could and should implement the provision
before acreage certification.
provision provides immediate relief to Oklahoma
producers and other producers around the country
who farm in counties hit by extreme natural
disasters, including the recent record-breaking
drought. Under rules in place prior to the
enactment of the 2014 Farm Bill, the yield a
producer may insure in a given year hinges on what
the producer yielded for that crop in the previous
10 years in which the crop was planted. Depending
on the number of crops in rotation, the 10 year
yield history can go back 20 and even 30 years.
This creates a lag on actual yields because
technology in farming has resulted in
substantially increased yields in more recent
years. The lag is made even worse when extreme
weather events that do not reflect a producer's
production capability further reduce county-wide
yields. The provision crafted by Chairman Lucas
addresses the problem associated with extreme
natural disasters by allowing producers to exclude
from their history those yields where the yield
for the entire county was 50 percent or more below
the county's 10-year average. However, the
producer electing to exclude a yield under the
provision would be required to pay for the
Click Here to read more about why
this change is vital to all wheat farmers who
have been impacted by drought.
Selk Offers Cull Cow Marketing
the time of year when a lot of cow-calf operators
are looking at their mama cowherd, seeing some
open animals and deciding those animals need to
move on down the road. They need to be culled out
of their herds. Oklahoma State University Emeritus
Extension Beef Cattle Specialist Dr. Glenn
Selk said you need to be pay attention to
the condition of those animals because they are
worth quite a bit of money these days.
"We're at the time of the year where
spring-calving operations will be bringing the
cows and calves in to wean the calves and
preg-check the cows, then determine which of those
cows are going to be marketed as culls this year,"
Selk said. "We want to remember that cull cows and
bulls represent at least 20 percent of the gross
income of any cow-calf operation, so getting the
most out of the cull cows is very important to our
As you're marketing
cull cows, Selk said its important that you
understand the pricing structure that cull cows
will bring. The US Department of Agriculture
Market News Service has four different grades for
cull cows He said the grades are based primarily
on a cow's body condition.
look at the pricing structure of these four grades
of cattle you'll understand the fleshier cows,
those that are in the boner to breaker category
bring more in terms of price per hundred weight
and in the case of about ten days ago they are
bringing $126.50 per hundred weight for those two
groups of cattle," Selk said. "Then as you get to
the leans, even though they are a little bit
lighter in terms of their weight, they actually
bringing less in terms of dollars per
hundredweight at $114."
Selk is our guest
on the Beef Buzz- you can hear his comments by clicking
here and you can also read more in
understanding why prices are higher
for heavier cattle right now.
Case Agreement Ends Threat of Retaliation of US
is a joint statement from U.S. Wheat
Associates and the National
Association of Wheat
this week that Brazil and the United States have
negotiated a settlement in a long-running trade
dispute will help U.S. wheat growers remain
competitive in one of the world's largest wheat
In 2005, and again
in 2008, Brazil won a case against U.S. cotton
support programs and export credit guarantees in
the World Trade Organization (WTO), giving it the
right to impose retaliatory measures on U.S.
products if a settlement could not be reached.
Brazil's government published a long list of U.S.
goods, including U.S. wheat, against which it
might retaliate. After many years of negotiation,
the agreement ends the threat of retaliatory
tariffs to U.S. wheat exports to
"Brazil has been a major U.S.
wheat importer since 2013," said Shannon
Schlecht, vice president of policy with
U.S. Wheat Associates (USW). "U.S. wheat growers
support the settlement because it protects our
competitive position in Brazil, preserves the
GSM-102 Export Credit Guarantee Program and
provides certainty for trade with
In the final settlement,
Brazil also agreed not to launch future disputes
over U.S. farm programs for the life of current
U.S. farm legislation. In return, the United
States will make a reparation payment to Brazil's
Cotton Institute and place new disciplines on the
GSM-102 program. Click here to learn more about
of New Technologies Embraced by U.S. Meat
the past several months, a diverse group of
representatives from technology companies and the
U.S. beef, pork and lamb industries has tackled a
critical question related to global access for
U.S. meat: What steps can the meat industry take
to ensure that the introduction of new production
and processing technologies does not interrupt
"The U.S. meat industry is a
global leader when it comes to advancements in
quality, safety, efficiency and productivity,
which is why our products are in such great demand
around the world," said Forrest
Roberts, chief executive officer of the
National Cattlemen's Beef Association (NCBA). "Our
goal as an industry is to adopt new technologies
in a manner that is consistent with continuing to
grow exports. To meet this objective it is
imperative that we continue to work together as an
industry in a proactive manner."
Roberts was recently elected chairman
of the Meat Industry International Stewardship
Advisory Council (MIISAC), which was formed with
exactly this goal in mind. Its primary focus is to
foster better communication, coordination, and
collaboration at all levels of red meat
production, processing and marketing so that new
technologies are introduced in a manner that
minimizes disruptions in exports without stifling
the development of next-generation
technologies. Norman Bessac, vice
president for international pork sales at Cargill
Fresh Meats, was elected MIISAC vice chairman.
Click here to learn more how
MIISAC will work with companies launching new
technology into the market and how they can
adopted by the read meat industry.
Says Wheat Prices Near
Wheat prices continue to
decline. How much lower will these prices go?
That's the question posed this week to Oklahoma
State University Grain Marketing Specialist
Dr. Kim Anderson on this
weekend's edition of OSU's SUNUP TV program.
Anderson said the market is relatively near the
bottom for wheat prices.
indications we will probably hold $5.50, we've
touched it a couple times," Anderson said. "...If
we can continue to hold this as we get into the
fall maybe as get some export demand I think wheat
prices may come up 30 - 40 cents, but the next two
weeks is going to tell the story. If we break
$5.50, we're going on down to $5."
having lower prices that should increase demand,
but the shortage of transportation is keeping that
from happening. The demand for rail and barge
transportation has been very expensive and hard to
come by. Anderson said he has heard some grain
handlers can make money by selling their rail or
barge, then from selling the
If there was
adequate truck, rail and barge availability,
transportation rates would be lower. Anderson said
the US would have higher exports and stronger
prices for wheat and
Click Here to read or to listen
to more on Anderson's outlook on soybeans and
how the stronger US dollar is impact
exports. You can also find the full lineup
for this weekend's edition of SUNUP.
N That- Jeff Edwards to Talk Wheat Planting on In
the Field, Express Ranches Ready for Their Monday
Sale and USDA Has Farm Bill Timeline
Saturday, October 4th- our guest on our In the
Field Segment will be Dr. Jeff
Edwards of Oklahoma State University as
we plan on talking about the status of wheat
planting across the state.
have been spotty this week in our major wheat
producing counties- and we will talk with Jeff
about how that has impacted getting the crop into
In the Field segment is seen on Saturday morning
at 6:40 AM on KWTV News9 in Oklahoma City- for
those of you outside of the News9 viewing area- or
you are not up yet on Saturdays at that time- we
will be posting the video of the conversation with
Jeff over the weekend.
Fall Bull Sale of Express Ranches
is set for high Noon this coming Monday, October
6th at the ranch on the north side of Yukon.
Express team will be offering over 1,600 head on
Monday- including 275 bulls.
learn more, click here for our auction listing
of the Express Fall Bull Sale coming Monday-
or you can call Express at 1-800-664-3977 for more
has released a time line of when the windows will
be open for making and executing some of the
decisions ahead if you plan to sign up and
participate in the farm safety net of the 2014
associated with ARC (Ag Risk Coverage) and PLC
(Price Loss Coverage) that farm owners and
producers need to know:
Sept. 29, 2014 to
Feb. 27, 2015: Land owners may visit their local
Farm Service Agency office to update yield history
and/or reallocate base acres. Nov. 17, 2014 to
March 31, 2015: Producers make a one-time election
of either ARC or PLC for the 2014 through 2018
crop years. Mid-April 2015 through summer 2015:
Producers sign contracts for 2014 and 2015 crop
years. October 2015: Payments for 2014 crop year,
are numerous Farm Bill Policy Informational
Meetings planned across Oklahoma- go to our calendar pages of
Oklahoma Farm Report as we have them listed by
date and location.
You can reach us at the following:
Oklahoma Farm Bureau is Proud
to be the Presenting Sponsor of the Ron Hays Daily
Farm and Ranch News Email.