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:
mornings
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
Etc.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices for
Monday, Dec 28th- as reported by the Oklahoma Dept. of
Agriculture.
Futures
Wrap:
Feeder
Cattle Recap:
Slaughter
Cattle Recap:
TCFA
Feedlot Recap:
Our Oklahoma Farm Report
Team!!!!
Ron Hays, Senior Editor and
Writer
Pam Arterburn, Calendar and
Template Manager
Dave Lanning, Markets and
Production
Leslie Smith, Editor and
Contributor | |
Oklahoma's
Latest Farm and Ranch News
Presented
by
Your
Update from Ron Hays of RON
Tuesday, December 29,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured
Story:
Goliath
Blows Across Southern Plains Cattle Country-
Likely Impacting Markets in the New Year- Dr.
Derrell Peel Explains
In
his regular Monday market analysis, Dr.
Derrell Peel of OSU says that the huge
storm that some are calling Goliath has impacted
cattle in our region and will likely impact cattle
prices in the new year. According to Dr.
Peel- "2015 is showing her teeth one last time
with a storm that is affecting people and animals
across a majority of the country. The massive
storm includes a severe side with rain, flooding
and tornados and a winter weather side with snow
and blizzard conditions, all separated by a band
of freezing rain and sleet. The dividing line
between these storm components runs across the
middle of Oklahoma resulting in a wide variety of
conditions and challenges for Oklahoma cattle
producers. The one consistent component across
both sides of the storm has been lots of
wind." Dr. Peel says that the effects of
the storm will linger and be seen in the markets
of 2016- "While the storm is mostly a cattle
management issue for cows, it will impact animal
productivity for stocker cattle and feedlots. The
widespread feedlot impacts will likely affect
cattle and beef markets in the coming weeks.
Feedlots in the Southern Plains are being hit with
adverse weather for the first time this winter;
having enjoyed very mild conditions so far this
fall. In contrast, feedlots in the Midwest and
Corn Belt have already been dealing with muddy
conditions and the current weather will aggravate
those poor conditions, resulting in additional
productivity losses. "The poor animal
performance and additional death loss are a direct
economic loss for feedlots; while the broader beef
market may reflect the impact of additional loss
of beef tonnage as a result of lower carcass
weights." Click here to read the
final analysis of the year from Dr. Peel by
clicking here.
|
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A
Flood of Historic Levels on the Illinois River in
Eastern Oklahoma
According to the Oklahoma Scenic
River Commission- all gages on the
Illinois River show the water has crested at
historically high levels.
Ed Fite with the OSRC says
water levels at Watts, Chewey and Tahlequah gage
sites reached "flood of record levels" and crested
on Monday.
Fite has told News on 6 in Tulsa that
the conditions on the river remain extremely
dangerous with widespread catastrophic damage that
has occurred to property and roads in the
area.
According to News on 6 reports- As of Monday
afternoon- Highway 10 north from Tahlequah to
Little Kansas was closed by flood waters covering
the roadway in vary locations.
US 62/SH 51 bridge located just
east of Tahlequah is open.
Here are the three key measurements for the
Illinois River in Oklahoma and the high water
marks of Monday:
Watts (US 59 bridge) gage
site crested midnight on Monday at 28.52 feet with
water levels falling.
Chewey (Hampton Bridge) gage site crested
6:00am on Monday at 31.78 feet with water levels
falling.
Tahlequah (US 62 bridge) gage site
crested at 30.69 feet Monday afternoon around 3
PM- as of early Tuesday morning (4 AM)- it stands
at 24.8 feet- flood stage is 11 feet. The
high water mark on Monday was fully three feet
above the all time record set in the
1950s. The flooding has been a direct
result of record rainfall since Saturday- with
totals of eight to twelve inches common in
northeast Oklahoma- click here for the current
four day rainfall map from the Oklahoma
Mesonet to see location by location
totals. |
After
a Tough 2015, Phil Seng Sees a Stronger 2016 for
US Beef and Pork Exports
From
earlier this fall, this Beef Buzz is a "Best of"
edition featuring the comments of USMEF President
Phil Seng. According to Seng, US
Beef exports have taken a hit in 2015- in both
volume sold and the value of those pounds that
have been purchased by overseas buyers. Despite
the downturn, Phil Seng says there are some bright
spots to point to. "I think one of our
exciting success stories has been in the Korean
market," Seng said. "We worked very hard in Korea.
Our numbers are up in Korea for beef and pork. I
think the Korean market has been very, very
positive for us." While U.S. beef and
exports have had a tough year in 2015, USMEF is
optimistic beef and pork exports will increase in
2016. Seng said USMEF is forecasting U.S. beef
exports will increase by eight percent and U.S.
pork exports look to increase by six percent. In
marketing to customers, USMEF touts U.S. red meat
products as a U.S. product that is safe and
wholesome. Seng often talks about the diverse
government agencies that regulate the safety of
all U.S. food products. Click here to read more
and to listen to Phil Seng's comments about
what he sees ahead for US meat exports in the new
year. |
Surplus
Stocks in China May Put a Dent in US Farm Prices
in 2016- CoBank Report
Large
stockpiles of commodities could challenge
agriculture imports for China in 2016. A new
report by CoBank's Knowledge Exchange
Division says China has multiyear high
supplies of commodities such as corn, wheat,
cotton, milk powder and soybeans. The report finds
that despite slowing economic growth, China's
urban disposable incomes - which drive the
country's food and agricultural consumption - are
increasing 10 percent year-over-year. The
report blames China's subsidization of its
agricultural sector, which has yielded mounting
stockpiles of commodities and strained storage
capacity, as the real culprit leading to decreased
imports in most categories. CoBank's
Dan Kowaklsi said "this issue has
been brewing for years and is a result of China's
drive to achieve food self-sufficiency." That's
because China has subsidized its agricultural
sector to the extent that supplies have
considerably outpaced increasing consumer spending
and consumption. The report cites USDA
figures, which anticipate that China will import
46 percent less corn, 34 percent less cotton and
35 percent less milk powder during the current
marketing year. Wheat, soybeans and other food
grains are expected to rise, but by smaller
margins than in prior
years. |
Sponsor
Spotlight
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Ag Network and we encourage you to click here to learn
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and services.
|
Rural
Oklahoma Women Leaders Donate More Than 140,000
Meals in 2015
The
2015 American Farmers & Ranchers Women's
Cooperative food drive totaled 140,303 meals for
hungry Oklahomans. "We are extremely
pleased to provide food for those in need,"
Suzanne Gilbert, AFR Women's
Cooperative Council chairperson, said. "It only
makes sense that those who produce food provide
for those who need it the most." The
rural women conducted a year-long "Drive Away
Hunger with AFR" campaign that ended in late
December. The women partnered with the Regional
Food Bank of Oklahoma, Community Food Bank of
Eastern Oklahoma, Invest An Acre, Plant A Row
Campagn, DairyMax and local food banks across the
state. Read more about this successful
effort to feed hungry Oklahoma families by clicking
here. |
Want to
Have the Latest Energy News Delivered to Your
Inbox Daily?
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winning broadcast journalist Jerry
Bohnen has spent years learning and
understanding how to cover the energy business
here in the southern plains- Click here to subscribe to his
daily update of top Energy
News.
|
Who's
In and Who's Out When It Comes to E15 Use in 2016
Autos
An
analysis of 2016 model year (MY) warranty
statements and owner's manuals conducted by the
Renewable Fuels Association (RFA) shows that auto
manufacturers explicitly approve E15 (15 percent
ethanol 85 percent gasoline) use in more than 70
percent of new vehicles. This is up from 2015,
when just over 60 percent of MY 2015 automobiles
were clearly approved for E15. RFA's
analysis shows that, for the first time,
Fiat Chrysler Automobiles (FCA Group) has
approved the use of E15 in its MY 2016
Chrysler/Fiat, Jeep, Dodge, and Ram vehicles.
FCA's decision means it joins the other members of
the "Detroit Three" ( General Motors and
Ford) in unequivocally allowing
E15. Other automakers offering explicit
approval of E15 in MY 2016 vehicles include
Toyota/Lexus, Audi/Porsche/Volkswagen,
Honda/Acura, Jaguar, and Land Rover.
Together with the Detroit Three, these
manufactures have produced approximately 72
percent of the vehicles sold in 2015. With
a U.S. market share of 8.5 percent, Nissan
Motor Company is the largest "hold-out"
when it comes to approving the use of E15 in its
vehicles. Nissan even goes as far as suggesting
that "E-15 fuel will adversely affect the emission
control devices and systems of the vehicle," which
raises questions about why Nissan is not able to
provide the same quality of technology as
automakers approving the use of E15. Curiously,
Nissan also warns drivers that oxygenates like
ethanol "can cause paint damage." Read more
about which makes of autos allow E15 in their new
model year and which do not by clicking
here. |
In
Case You Missed It- In the Field- Jeff Edwards
Sees a World of Potential in the 2016 HRW Oklahoma
Wheat Crop
In
case you missed it- Dr. Jeff
Edwards talked about the status of the
2016 hard red winter wheat crop in Oklahoma with
yours truly this past Saturday morning on KWTV
News9 during their regular morning news block.
Edwards says that the wheat crop has entered the
winter season in the best shape it has been in the
last several years- with no drought hurting the
potential of the crop that will be harvested in
the June time frame in 2016. We have the
video of our weekend Q&A with Dr. Edwards that
you can see by clicking
here.At that link- we also have the
earlier off camera in depth conversation that we
had with Dr. Edwards about the status of the 2016
HRW crop in the state. While the
floods of eastern Oklahoma may have damaged crop
land in that part of the state- the sleet and snow
in central and western Oklahoma likely was a
further positive for both the winter wheat and
winter canola.
|
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Our thanks
to Midwest Farms Shows,
P & K Equipment, American Farmers &
Ranchers,
CROPLAN by
Winfield, KIS Futures, Farm Assure, Stillwater Milling Company, Pioneer Cellular, National Livestock Credit
Corporation and Oklahoma Cattlemen's Association
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
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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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