From: Ron Hays [ron@oklahomafarmreport.ccsend.com] on behalf of Ron Hays [ronphays@cox.net]
Sent: Tuesday, January 05, 2016 6:48 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update


 
OK Farm Report banner
 

Follow us on Twitter    Find us on Facebook    View our videos on YouTube

   

     View my photos on flickr

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.
 
  
Big Iron  
  
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.
  
  
Each afternoon we are posting a recap of that day's markets as analyzed by Justin Lewis of KIS futuresclick here for the report posted yesterday afternoon around 3:30 PM.
 
  
Okla Cash Grain:  
Daily Oklahoma Cash Grain Prices- as reported by the Oklahoma Dept. of Agriculture.
  
  
Futures Wrap:  
Our Daily Market Wrapup from the Radio Oklahoma Network with Leslie Smith and Tom Leffler- analyzing the Futures Markets from the previous Day.
  
Feeder Cattle Recap:  
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
  
Slaughter Cattle Recap: 
The National Daily Slaughter Cattle Summary- as prepared by the USDA.
  
TCFA Feedlot Recap:  
Finally, here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.
  


  
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


Okla Farm Bureau  
 
Your Update from Ron Hays of RON
   Tuesday, January 5, 2016
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
CattlePrices2016Featured Story:
Stocker and Feeder Cattle Prices Start 2016 Higher-and the Boxed Beef Rally Continues  
 

Most cattle market watchers were expecting the auction barns to begin 2016 with higher prices compared to their last sales of 2015- and that expectation was fulfilled on Monday in a strong way.

The Oklahoma National Stockyards in Oklahoma City had last sold cattle December 14th- and compared to that sale- the Monday auction saw feeder cattle and calves $10 to $20 per hundred higher- many sales in that $15 to $20 higher range.

USDA Market News Reporter Tina Colby writes in the Monday midsession market report that "Demand is especially good
for those heavier weight steers and heifers that could still finish in April."

We also have the Monday report from Joplin- and while their price advance was not as much as Oklahoma City- it is compared to a sale held December 21st- which was higher compared to their December 14 sale- so the $3 to $10 higher on Steer calves and $6  to $12 higher on Steer yearlings is consistent with the Oklahoma City price.

Seven weight steer yearlings ranged from $165 to $174 in Oklahoma City, and slighter less in Joplin at $158 to $170.

Meanwhile- the wholesale boxed beef trade continued the rally on Monday that we saw all of last week. Ed Czerwein at the Amarillo, Texas USDA Market News office has supplied his weekly overview of boxed beef prices for last week(we get this every Monday from him) and it shows we gained $14.97 a hundred on choice boxed beef this past week- Monday through Thursday .

AND- you can add another five bucks to that wholesale boxed beef price based on Monday's action- the Monday afternoon boxed beef price report showed choice beef at $218.06- up $5.47 compared to last Thursday. Total load count was 139 loads.

Sponsor Spotlight
 
 
The presenting sponsor of our daily email is the Oklahoma Farm Bureau - a grassroots organization that has for its Mission Statement- Improving the Lives of Rural Oklahomans."  Farm Bureau, as the state's largest general farm organization, is active at the State Capitol fighting for the best interests of its members and working with other groups to make certain that the interests of rural Oklahoma are protected. 

Click here
 for their website to learn more about the organization and how it can benefit you to be a part of Farm Bureau.
 
PeelAnalysisPeel: How Will Cattle and Beef Markets Be Different in 2016? 

Mondays, Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry. This analysis is a part of the weekly series known as the "Cow Calf Corner" published electronically by Dr. Peel and Dr. Glenn Selk. 


"Cattle markets in 2015 transitioned from what 2014 was to more like what 2016 will be. Beef production will be up three to four percent annually from 2015 levels, which was the lowest since 1993. Increased beef production in 2016 is still a low number historically. That increase began with a two percent year over year increase in beef production in the fourth quarter of 2015. Beef production will grow more in the second half of 2016 as limited recent feedlot placements will constrain beef production the first few months of the year.


"Beef herd expansion was aggressive in 2015. The annual inventory numbers due out on January 29 will confirm just how aggressive and how the stage is set for 2016. Herd expansion will continue in 2016, though perhaps a bit slower than earlier expected as a result of the market shake-up in late 2015. Feeder cattle supplies will increase on a projected 1.2 percent higher 2015 calf crop but will be tempered by continued heifer retention and lower cattle imports. Cattle imports from Canada were down 27 percent year over year through October and Mexican cattle imports, though up nearly five percent for the year, dropped an estimated 30 percent year over year in the fourth quarter of 2015. Herd rebuilding in both Canada and Mexico and lower U.S. cattle prices will likely keep cattle imports down in 2016." 

Click here to read more from Dr. Peel's weekly analysis.

CropWeatherWith No Drought- Beginning of 2016 Crop Weather Report Shows Better Wheat Crop Than Year Ago 

During the winter months, we get monthly crop-weather updates from most states- both Oklahoma and Kansas released summaries for December yesterday afternoon- Texas will not issue their next crop weather update until the middle of the month.  The key for both states is the condition of their HRW wheat crop for 2016- and in both states- the reports signal improvement compared to January 2015.
 
 
For Oklahoma- the state's wheat crop was rated 12 percent in excellent condition, 65 percent in good, 22 percent fair and one percent in poor condition.  The 77% good to excellent rating is well above the 54% good to excellent rating of a year ago. 
The canola crop rated 12 percent in excellent condition, 54 percent good, 34 percent fair, and none in poor condition. Pasture and range was rated 84 percent good to fair. Click here to read the full Oklahoma report.

 
For Kansas- the state has some areas with surplus top soil and subsoil moisture. The Kansas wheat crop was rated eight percent in excellent condition, 46 percent good, 38 percent fair and eight percent in poor to very poor condition. The January 2015 report for Kansas showed their wheat crop in 49% good to excellent shape- so this 2016 report shows the crop about five percent higher in crop condition than the 2015 crop.

 
Click here to read the full Kansas report.

BuckmasterThe "Beef, Its What's for Dinner" Digital Platform is Reaching Consumers- and Helping Drive Beef Demand 

A couple of years ago, the beef industry decided to put virtually all of their domestic marketing resources into cyber space- focusing on reaching millennials online. Oklahoma Beef Council Executive Director Heather Buckmaster said she believes digital marketing is paying off. She said the beef checkoff has looked at the longterm beef demand building strategies on the domestic and foreign level. The beef checkoff switched to digital marketing to better target millennial consumers, which live their lives online. With fewer beef checkoff funds with a smaller national cattle herd, she said there were fewer dollars to promote beef. In switching to digital marketing, she said this has become one of the best ways to efficiently target and share information with consumers.


"What I love about digital marketing is it provides you that opportunity to learn," Buckmaster said.


In having a display ad on a consumer or recipe website, she said you will learn very quickly if the ad is working. She said the Beef Checkoff is working to promote consumer-facing resources such as the Beefitswhatsfordinner.com website through amplified Google search results to position beef for searches such as "family meal time solutions" or "economy meals."


The BIWFD website continues to be one of the industry's best resources for reaching consumers, helping to promote beef as the "go-to" protein for consumers.  Click or tap here to read or to listen to this Beef Buzz feature.

Sponsor Spotlight

We are proud to have KIS Futures as a regular sponsor of our daily email update. KIS Futures provides Oklahoma farmers & ranchers with futures & options hedging services in the livestock and grain markets- click here for the free market quote page they provide us for our website or call them at 1-800-256-2555- and their iPhone App, which provides all electronic futures quotes is available at the App Store- click here for the KIS Futures App for your iPhone.   
AgConfidenceAg Confidence Index Reveals Bleak Outlook for Ag Producers, Agribusinesses

Concerns over their current financial situation and expectations for the future have pushed crop and livestock producers' confidence to an all-time low in the history of DTN/The Progressive Farmer Agriculture Confidence Index (ACI).


According to the latest survey, producers' overall confidence fell to 92.7 from 99.4 in August and 103.4 a year ago. Concerns over their current situation dropped significantly over the past year from 113.3 last December to 101.5 in August then to 92.2 following this year's harvest. Farmers' expectations about the future decreased from 98.0 in August to now 93.1. The value of 100 is considered neutral. Values above 100 indicate optimism, whereas values below signify pessimism.


"This marks the first time in the history of the Ag Confidence Index that each of these measurements has been in the pessimistic range at the same time, and it's an indication that farmers are facing some hard economic realities," said DTN Markets Editor Katie Micik, director of the confidence index.


Since 2010, DTN/The Progressive Farmer has conducted the ACI three times a year - before planting, before harvest and after harvest.  Click here to read more about the results of this survey.

Want to Have the Latest Energy News Delivered to Your Inbox Daily?
 

Award 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.


PrairieChickenNRCS Report: Rangeland Restoration Benefits Cattle, Prairie Chicken

Cattle and lesser prairie-chickens both need healthy rangeland to thrive. Through voluntary conservation efforts, farmers and ranchers in the southern Great Plains can restore habitat for this iconic bird while strengthening working lands.


The Lesser Prairie-Chicken Initiative offsite link image (LPCI), a partnership led by USDA's Natural Resources Conservation Service (NRCS), works to enhance lesser prairie-chicken habitat one ranch at a time. A number of the initiative's successes are highlighted in a new report called the "Lesser Prairie-Chicken Initiative: Conservation across the Range."


Since 2010, farmers and ranchers have made conservation improvements to 1 million acres by implementing sustainable grazing systems and removing invading woody species to restore prairies.  The report highlights the conservation efforts of a number of ranchers.  Click here to read more.

ThisNThatThis N That- Becky Samples New Veep at Farm Bureau, Smithfield Passes 80% Mark in Group Housing for Sows and AFR Forum Friday


Congrats to Becky Samples, who has been named vice president of strategic corporate communications. In her new role, Samples will work with senior leadership and oversee communications for Oklahoma Farm Bureau and Affiliated Companies.

"Becky is a tremendous asset to our organization, and we look forward to her leadership in this new role," said Monica Wilke, executive director, Oklahoma Farm Bureau and Affiliated Companies. "As the state's largest general farm organization, Becky will lead OFB's efforts to efficiently and effectively communicate with our membership, including policyholders of our insurance company."

Click here for more...

**********

Smithfield Foods reports that they have passed the 80% mark in the number of sows on company owned farms in the US that are now in group housing.

Smithfield has had a target to get this done by 2017- and the company reported yesterday that they are on target.

More details on their work in this direction are available here.

**********

This coming Friday- the American Farmers & Ranchers have planned a Farm and Ranch Forum at the Chisholm Trail Expo Center in Enid- starting at 9 AM.  The meeting room they are using is in the north end of the building.

Oklahoma Attorney General Scott Pruitt is their keynoter at 9:30 AM, followed by a Panel presentation on State Question 777, which yours truly will be moderating.

More details about the morning's events are available by clicking or tapping here.



Our thanks to Midwest Farms Shows, P & K Equipment,  American Farmers & Ranchers, Stillwater Milling Company, Oklahoma AgCreditthe Oklahoma Cattlemens Association, Pioneer Cellular, Farm Assure 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!

 

 

We 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
 

 






Oklahoma Farm Bureau is Proud to be the Presenting Sponsor of the Ron Hays Daily Farm and Ranch News Email  

 

 


© 2008-2015 Oklahoma Farm Report
Email Ron   |   Newsletter Signup

Forward email



This email was sent to ron.hays@radiooklahoma.net by ronphays@cox.net |  


Oklahoma Farm Report | 7401 N Kelley | Oklahoma City | OK | 73111