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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.
Check the Markets!
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
here for the report posted yesterday afternoon around 3:30 PM.
Oklahoma Farm Report Team!!!!
Senior Editor and Writer
Calendar and Template Manager
Markets and Production
Editor and Contributor
Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
U.S. Agriculture Deputy Secretary Krysta Harden
Announces Plans to Depart USDA
It appears that the number two person at USDA is not
staying around for the final twelve months of the Obama Presidency. U.S. Agriculture Deputy
Secretary Krysta Harden Thursday announced she plans
to depart the U.S.
Department of Agriculture (USDA) at the end of
"Today is bittersweet for me as I announce my decision to step
down as Deputy Secretary at the end of February. I am proud of what
our Department has accomplished since 2009 to bring economic
opportunity that will help rural America thrive for generations to
come. And although I will not be part of the many great and
transformational things USDA will accomplish over the next year, I am
more committed than ever to USDA's mission. We have worked hard over
the past seven years to make USDA truly the People's Department, as
demonstrated by this Administration's commitment to bring young
people, women, veterans and equal access to the forefront of food and
Jerry Hagstrom reports that Harden has told staff and friends that
she will not say what job she will take next due to ethical
Meanwhile, the American
Soybean Association (ASA) thanked outgoing Deputy
Secretary Harden Thursday for her service to the nation's
Wilkins, president of ASA and a farmer from
Greenwood, Del., praised Harden's attention to the needs of America's
"Krysta Harden is the kind of public servant that comes along
only too rarely. She has blended a personal background, professional
knowledge base, and exceptional passion for agriculture into a career
that has served farmers at every level." Click
here for their full statement of thanks to Deputy Harden.
Growers Association president Chip Bowling
and a farmer from Newburg, Maryland also praised
Deputy Secretary Harden.
"The National Corn Growers Association has had a
long relationship with her, before and during her time at USDA. We
are sad to see her go, but we wish her well in her next chapter and
hope to work with her again in the future."
Bowling added "On a personal note, I appreciate Deputy Secretary
Harden for her no-nonsense, common-sense leadership. At a time when
too many people in Washington seem to be shouting at one another, she
knows how to build bridges and put everyone at ease."
here for the NCGA statement of thanks.
Prior to joining USDA- Harden was the Chief Executive Officer of the
National Association of Conservation Districts for five years. She
worked with the American Soybean Association as Senior Vice President
of Gordley Associates from 1993 to 2004 where she concentrated on
conservation and renewable energy issues. She also served 12 years on
Capitol Hill, as Staff Director for the House subcommittee on Peanuts
and Tobacco and as Chief of Staff and Press Secretary for former
Congressman Charles Hatcher.
It's great to have
one of the premiere businesses in the cattle business partner
with us in helping bring you our daily Farm and Ranch News Email- National Livestock Credit
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since 1932- and they have worked with livestock producers to help
them secure credit and to buy or sell cattle through the National
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the Southern Oklahoma Livestock Market in Ada, Superior Livestock,
which continues to operate independently and have a major stake in
OKC West in El Reno.
To learn more about how these folks can help you succeed in the
cattle business, click here for
their website or call the Oklahoma City office at 1-800-310-0220.
CoBank Report Predicts
Easing of U.S. Protein Glut in 2016, Better Year for Beef, Pork and
The supply glut that plagued U.S. beef, pork and
poultry markets last year and ratcheted down margins is expected to
ease in 2016, according to a new research report from CoBank. The
bank, a major agribusiness lender, says leading indicators point to
animal protein supplies moving toward a state of equilibrium, with
protein stocks more in line with overall levels of demand.
"It's clear that in the coming year, the headwinds and adverse
conditions created by excessive protein stocks are clearing,"
said Trevor Amen,
animal protein economist with CoBank. "Surprisingly strong U.S.
consumer demand helped lay the groundwork for improving market
conditions in the coming year, meaning the net trade balance is
expected to shift toward growing exports and fewer imports. This is
welcome news for U.S. beef, pork and poultry producers."
In the first
half of 2016 protein exports are expected to remain
somewhat of a challenge. "But conditions are predicted to
improve over depressed 2015 levels due to a variety of economic
factors," added Amen.
Meanwhile, imports of lean beef should slow significantly and
domestic consumer demand for beef, pork and poultry is anticipated to
remain strong and supportive of prices. Supply imbalances have
already begun the correction phase, with supply and demand expected
to achieve equilibrium by about mid-year. The strength of consumer
demand going forward will impact how much and how soon U.S. meat
prices change. Click
or tap here to read more about the mixed price outlooks.
OSU's Kim Anderson Says Wheat
Markets Lacks Direction and Offers 2016 Marketing Advice
The wheat markets have been stuck in a relatively
narrow trading range for quite some time now. With global wheat crops
in the bin and the 2016 winter wheat acreage estimates out, there's
not much news influencing wheat prices. On this weekend's edition of SUNUP, Oklahoma State University
Grain Marketing Specialist Kim
Anderson is talking about that narrow trading range
we see in the March and July Kansas City wheat futures contract
prices. He said the March Kansas City wheat futures contract has
support at $4.65 and resistance at around $4.80.
With the strong U.S. dollar, U.S. wheat prices are well above
international competitors. Anderson said Argentina's wheat is 84
cents a bushel lower than the U.S. because of Argentina's elimination
of their 23 percent export tax. Russia is selling 12 and a half
percent protein wheat for 68 cents a bushel less than the U.S. wheat
and France has soft red wheat near those levels. He said right now
U.S. wheat prices are well-above the world's market price.
SUNUP host Lyndall
Stout asks Anderson about the harvest price outlook.
He anticipates prices around $4.50 to $4.75 with fewer planted acres.
He said right now farmers need to think about preparing equipment,
top dressing their wheat, so the crop has the nutrients necessary to
produce a quality crop. Anderson's biggest concern is producing a
large, low protein crop that's not marketable. Oklahoma needs to
produce 12 to 12 and half percent protein to match the Russia and
Ukraine wheat crops.
SUNUP host Lyndall Stout talks with Dr. Anderson for this weekend's
or tap here to listen to the full interview and take a look at
the SUNUP show lineup for this weekend.
11 Straight Years of
Record Certified Angus Beef Sales, Still Room to Grow
Beef (CAB) program is one of the great success
stories of the U.S. beef cattle industry. Many refer to the program
as the "gold standard" of branded beef programs. CAB President John Stika
said their most recent market year 2015 continued to show the growth
that's been a trademark of the brand.
"This will be the eleventh year in a row that we've experienced
growth year over year," Stika said.
CAB sales show increases at every level. Stika said it reflects that
consumer messaging works over time. In 2015, CAB partners will sale
in excess of 896 million pounds of Certified Angus Beef. Retail sales
made up 41 percent, one third went to food service and the remainder
was sold through international markets and other special
categories. Stika said they experienced growth in
every sector, led by food service and international markets. Retail
sales were relatively flat with record high beef prices.
In looking at the growth, CAB has seen phenomenal response to
consumer signals being internalized at the production level. Stika
saw large improvements in acceptance rates. While Angus cattle
numbers were down, CAB still had an acceptance rate of 27 and half
percent of cattle hitting their ten point specifications. That was an
all-time record for the program. Stika said price is not the only
factor influencing consumer demand.
"It's not price alone that consumers buy on, it's price in
relation to value at every level in the merchandising chain and if
you put a quality product out there and you ask a quality high price
or a higher price for it, consumers are willing to pay for it, if
they feel the price is respected of the value," Stika said.
Stika joined us on the Beef Buzz- as heard on great
radio stations across the region. Click
or tap here to listen to this Beef Buzz featuring his comments.
For nearly a
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ingredients. Their full line of A&M Feeds can
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We appreciate Stillwater Milling's long time support of the Radio
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more about their products and services.
Foundation Supports New Law Aimed at Increasing Agricultural Research
in the United States
Agricultural research has been woefully underfunded
for decades. While racing to meet the food, fiber and feed challenges
of the next generation, the public agricultural research sector has
needed funding alternatives to complement limited public resources.
A recent modification to the Internal
Revenue Code - one that was passed with bipartisan
congressional support and signed into law by the president on Dec.
18, 2015 - holds the potential to provide significant support for
Agricultural Research Act (S. 908) was included as
part of the tax bill, Protecting Americans from Tax Hikes Act of
2015. Known as CARA, the federal measure created a new type of
501(c)(3) public charity called agricultural research organizations
AROs may serve as a nonprofit organizational vehicle for individuals
or families who would like to commit their wealth for the conduct of
agricultural research for the public good. "AROs offer
philanthropists another option to advance public agricultural
research," said Bill
Foundation president and CEO. "The creation of
just one new ARO could spur innovation and significantly advance
agricultural research, but a dozen or more could dramatically impact
global agricultural productivity, enhance our sector's ability to
retain talented researchers and contribute the resources needed to
make long-term research progress."
to Have the Latest Energy News Delivered to Your Inbox Daily?
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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.
Detrick Offers Windshield Survey of 2016
Op-Ed: By Terry
Detrick, farmer and rancher
from Ames, Okla., and is president of American
Farmers & Ranchers, a general farm
organization and insurance company serving rural Oklahoma.
With 2015 in the rear view window, we look expectantly at the next 12
months, and from where I sit, agriculture will have some challenges
The USDA estimates net farm income for 2015 to be $55.9 billion, down
38 percent from 2014. The main culprit is lower commodity prices. As
we begin 2016, the forecast for continued lower farm income continues
to make headlines.
The reason prices are lower is because we had more commodities to
sell! Abundant rainfall allowed for bin-busting yields and
flourishing grass pastures, proving the law of supply and demand
My New Favorite Phrase-
"Organic as a Twinkie" (Thanks Julie Kelly!)
I have a favorite Peanut Butter- and it's not even close- although I
may have to rethink it since the makers of Jif have now declared
their product is GMO and Gluten Free.
In looking at the label- one of the ingredients is either rapeseed or
soybean oil- I wonder if they REALLY know they are always sourcing
non GMO soy or rapeseed or canola when they mix that in with their
And- the statement is on there like it's a health claim- when the
fact is neither claim makes any difference to how well Jif spreads on
a nice slice of white bread- chock full of gluten!
It seems to me that the well being of a leading peanut butter maker
would include the reality of consumers having confidence in the bread
they are putting that peanut butter on.
With all that said- I want to point you this morning to a great blog
piece by a lady we interviewed a couple of weeks ago- Julie Kelly- click
here to jump back to our interview in case you missed it.
Julie is a food writer, cooking instructor and Mom who wondered what
all the fuss was about GMOs- did her research, did not drink the
Whole Food-Chipotle Cool-Aid about how GMOs are the root of all evil
in the food business and decided that she needed to weigh in on the
In a blog she has written for TheHill.Com, she explains for the
Washington Capitol Hill audience why there is a public outcry for
mandatory GMO labeling- Organic proponents have spent millions of
dollars scaring consumers about the technology.
She writes "As the U.S. Senate prepares to consider GMO labeling
legislation in the coming months, pro-labeling groups are insisting
this issue is consumer-driven. But
the GMO labeling movement is about as organic as a Twinkie.
It's the result of a carefully orchestrated marketing campaign -
largely funded by the organic industry - to vilify genetically
modified food. Over the last four years, organic companies and their
front groups have spent tens of millions of dollars to convince
consumers GMOs are unsafe in order to drive market share toward
non-GMO, organic products."
She adds at the end of her blog post "Consumers and lawmakers
need to be aware of the back-story to the so-called consumer-led GMO
labeling movement. If approved, a mandatory label will be nothing more than a
bulls-eye for these folks to further their attacks on
genetically modified food."
here and read more from Julie Kelly- as we prepare for the battle
ahead on GMO labeling in the US Senate.
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