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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!
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Today's First Look:
mornings with cash and futures reviewed- includes where the Cash Cattle market stands, the latest Feeder Cattle Markets Etc.
Each afternoon we are posting a recap of that day's markets as analyzed by Justin Lewis of KIS futures- click or tap here for the report posted yesterday afternoon around 3:30 PM.
Okla Cash Grain:
Futures Wrap:
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
Our Oklahoma Farm Report Team!!!!
Ron Hays, Senior Farm Director and Editor
Carson Horn, Associate Farm Director and Editor Pam Arterburn, Calendar and Template Manager Dave Lanning, Markets and Production Kane Kinion, Web and Email Editorial Assistant
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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Friday, July 12, 2019
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update. |
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Featured Story:
USDA: Wheat Production for Oklahoma Forecast at 105 Million Bushels- Trimmed Compared to June But Up 49 Percent from Last Year
The United States Department of Agriculture's National Agricultural Statistics Service released its July Crop Production report for the Southern Plains Thursday. The July wheat yield and production forecast are based on two surveys conducted by the Southern Plains Regional Field Office: a farm operator survey and an objective yield survey. The farm operator survey was conducted primarily by telephone with some use of mail, internet and personal interviews. The objective yield survey collects actual stalk counts and head weights from plots set up in producer fields across the states of Oklahoma and Texas.
Data provided by Oklahoma and Texas operators are the foundation of the estimates for the Southern Plains region.
According to the report, wheat production for Oklahoma is forecast at 105 million bushels, up 49 percent from last year. This forecast is down 6.5 million from the Oklahoma June forecast. Yield per acre is expected to average 38.0 bushels, up 10.0 bushels from the previous year. Acres expected to be harvested for grain, at 2.75 million acres, are up 10 percent from 2018.
To review the Oklahoma-Texas report, click here to jump to the original article on our website.
The complete USDA July Crop Production Report was focused mostly on wheat- and NASS left the Kansas wheat crop stats unchanged from June- predicting 6.6 million acres- 50 bushels per acre with a total production called 330 million bushels- up from the 270 million bushel crop of 2018. Click or tap here for the full USDA July Crop Production Report.
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Plains Grains Says Oklahoma Wheat Harvest 99% Complete- Kansas Nearing Three Fourths Done This Week
The latest Plains Grains Hard red Winter Wheat Harvest report has been released- and as it was being released- I caught up with Mark Hodges with the group- and we talked about the quality of this year's crop as well as the quantity.
Hodges wonders about the slight cut in the number of bushels produced in Oklahoma this year by USDA- saying the anecdotal perspective on the size of the crop might suggest something bigger- saying there have been so many reports this year of higher than normal yields. While Plains Grains does not report on are yields- Hodges says he has heard from more than one producer- the yields on many farms are remarkable. "It's not unusual to hear 70, 80, 90 bushels an acre... some higher than that. We're pleased from that standpoint because producers need as much help as they can get with the market the way it is. So, hopefully more bushels puts more money in their pockets."
According to the Plains Grains report- "Harvest of the 2019 HRW wheat crop continues to move quickly through the southern and central Great Plains as heat and drier weather associated with a high pressure system continues to build and expand. Texas is now 97% complete with harvest, with limited areas in far northwest (higher elevation) parts of the state left to cut. Oklahoma is now 99% complete with areas in the far northwest (higher elevation) and northeast (slowed by rain) parts of the state left to harvest.
"Kansas is now over 70% harvested with areas in the southern half of the state starting to wind down, while northeast and north central areas of Kansas have moved past the 50% complete mark. Northwest Kansas is significantly behind the rest of the state with still less than 20% of that area cut as of this report. Colorado is now 17% harvested with most cutting being in the southeastern areas of the state, but is moving northward quickly into the east central region. Nebraska has begun harvesting in the southeastern corner of the state at 3% cut. Oregon has begun limited cutting with 5% now harvested."
You can read the full report- and listen to our conversation with Hodges by clicking or tapping here.
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OSU's Kim Anderson Talks About the Current State of the Wheat Market and the Projections for the U.S.
Oklahoma State University Extension Grain Market Economist Dr. Kim Anderson joins SUNUP host Lyndall Stout this weekend for his weekly update on the grain markets. According to him the protein content, test weights and the overall quality of the Oklahoma wheat crop this year are down.
The July 2019 United State Department of Agriculture (USDA) World Agriculture Supply and Demand Estimates (WASDE) report was released and it shows some impacts on the wheat market. In Oklahoma USDA increased the yield per acre to 38 bushels and the overall production was lowered to 104 million. Test weights continue to come in just under 60 pounds, while protein is coming in around 11.3% to 11.5%.
U.S. projections are still high at 1.92 billion bushels for wheat. Corn is projected at 13.9 billion bushels and soybean projections at settle in at 3.85 billion bushels. In the Black Sea Region, the early harvest is having the opposite affect on their protein content. Coming in above 13%, Anderson is hopeful other countries will buy wheat from the U.S. and the Black Sea Region to blend them together to get the protein they want.
You can listen to the whole conversation with Kim Anderson on this week's episode of SUNUP, by clicking or tapping here.
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The latest beef export and import numbers have arrived from the US Department of Agriculture and compiled by the US Meat Export Federation. Jim Robb, senior economist for the Livestock Marketing Information Center, says based on the data exports so far this year are performing as well as anyone could have hope while imports have come in a bit larger than anticipated overall.
"This is kind of a plus and a minus here," Robb remarked. "Starting with the import side, we were surprised. Year over year the imports from Australia as they continue to have a very severe drought - were up 30 percent. And other countries, Brazil and Uruguay are also selling more to the US."
US beef imports climbed 6 percent during the month of May. Much more than was expected to happen this year, Robb says. Exports have finally caught up to last year's level after a slow start to the year. According to the data, the US had strong gains year over year in Mexico (up 3%), South Korea (up 10%), Vietnam (up 14%) and in other countries (up 6%).
You can listen to the whole conversation between Jim Robb and I on Thursday's Beef Buzz - here.
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Sponsor Spotlight
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At P&K, we make it our mission to provide you with top-notch solutions and unbeatable customer service at a price you CAN afford. Visit pkequipment.com and you'll have it all at your fingertips: request a quote, schedule service, get a value for your trade, find current promotions, and shop for parts online. Stop by one of our locations today to meet the P&K team. You'll see why around here, John Deere starts with P&K.
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The Oklahoma Cattlemen's Association's (OCA) 67th Annual Convention and Trade Show is scheduled for July 19 and 20. And the last day to pre-register is today, July 12. Pre-registration will save participants time and money. However, on-site registration will be available.
"Member involvement in any organization plays a vital role in momentum," said Weston Givens, President of the OCA. "The annual convention is the largest gathering of cattlemen in the state and is anticipated by many of our members."
U.S. Representative Frank Lucas will keynote the Opening General Session. Other speakers include: Jennifer Houston, National Cattlemen's Beef Association President and Chuck Coffey, Cattlemen's Beef Board. Marty Tipton, 'The Oklahoma Kid' will entertain and inspire participants with a high-energy, humorous, trick roping presentation during the Closing General Session where more than $15,000 in scholarships will be awarded to young cattlemen.
You can learn how to register for the OCA 67th Annual Convention and Trade Show over on our website - here.
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Broadband is no longer a luxury for rural America. A study by the American Farm Bureau Federation shows widespread broadband service could boost the agricultural economy by an estimated $64.5 billion. A House Agriculture Subcommittee hearing Thursday focused on the need for improving access to rural broadband. Blake Hurst, Missouri Farm Bureau President, told the Subcommittee rural broadband is essential for rural America.
"Rural broadband is a necessity," he stated. "We need it for our farms for precision farming, and we need it for our small businesses, and we need it so our families can be fully integrated into society. So, that was the message I tried to bring."
Data maps that measure rural broadband are not specific enough, according to Hurst, and do not accurately reflect rural broadband connectivity. According to him, if there's one person in a census block, which is the smallest area that the census counts, then they mark the whole census block as having rural broadband, and that means it's not eligible for government programs. The problem is rural sparsely populated areas, a census block could be many square miles, and so one person might have broadband and 20 or 30 do not, and yet it's still being counted as served."
Hurst says the lack of rural broadband creates challenges for rural communities. Nationwide, 26.4 percent of American rural citizens lack broadband internet access. Hurst says this limits kids' ability to do their homework; limits the use of precision agriculture; limits telemedicine capabilities; etc.
Read more about the limitations that can be overcome by expanding rural broadband access or read Hurst's full testimony to Congress, by clicking or tapping here.
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The pool of entries for the Oklahoma Cattlemen's Association (OCA) Ranch Rodeo first ever National Anthem Singing Contest has been narrowed to four finalists. The winner will sing the National Anthem at the Friday night performance of the OCA Ranch Rodeo on Aug. 23, 2019 at the Lazy E Arena near Guthrie, Okla.
These top four finalists are: Kristin Williams, Red Rock, Okla.; Haley Miller, Ada, Okla.; Baley Hull, Durant, Okla; and Bella Brown, Choctaw, Okla.
The OCA Ranch Rodeo consist of 12 ranch teams that compete in five different events depicting daily tasks from life on the ranch. The cowboys don't take home much more than bumps and bragging rights. They participate with one goal: to support the Children's Hospital Foundation (CHF).
You can learn more about how to vote for your favorite singer to perform during the OCA Ranch Rodeo, by clicking or tapping here.
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Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance, Oklahoma Farm Bureau, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, the 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- at NO Charge!
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