~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Monday August 2, 2010A service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS Futures!
-- Dr Temple Grandin Appears at Cattle Industry Meetings in Oklahoma City and Denver
-- Wheat Market Up Up and Away!
-- Federation of State Beef Councils Affirms Ties With NCBA and a Move to Greater Self Governance
-- Oklahoma Beef Producer Dispenses a Little Cowboy Common Sense at Cattlemen's Beef Board Meeting
-- Cattle Markets Behaving Better Than Expected in the Summer of 2010
-- Oklahoma Cattlemen and Cattlewomen Honor Their Own
-- Let's open the Email Bag-
-- Let's Check the Markets!
Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. 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. When you call them- ask them about their brand new Iphone App which provides futures quotes for your Iphone.
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Dr Temple Grandin Appears at Cattle Industry Meetings in Oklahoma City and Denver
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~During Friday's Opening General Session of the Oklahoma Cattlemen's Association, Sponsored by KIS Futures, it was standing room only for keynote speaker, Dr. Temple Grandin, who gave her presentation, "Livestock Behavior, Animal Handling and Consumer Perceptions." After her presentation, our own Keith Merckx and other journalists talked with Dr. Grandin about her career in caring for the well being of animals raised as livestock. You can hear that impromtu news conference by going to our story linked below.
Grandin, diagnosed as autistic when she was 3 years old, is a designer of livestock handling facilities and a Professor of Animal Science at Colorado State University. She has also developed an objective scoring system for assessing handling of cattle and pigs at meat plant which many corporations are using to improve animal welfare. Today, she teaches courses on livestock behavior and facility design at Colorado State University and consults with the livestock industry on facility design, livestock handling, and animal welfare.
Meanwhile on Saturday, she moved on to the Summer Cattle Industry Conference in Denver to receive a Lifetime Achievement Award from the National Cattlemen's Beef Association. Our webstory LINKED below has the link to the NCBA coverage of that presentation.
Wheat Market Up Up and Away!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Kansas City Wheat futures are up another 20 cents a bushel this Monday morning on the electronic overnight trade, after settling 28 cents a bushel higher on Friday afternoon. This translates into cash wheat prices above five dollars per bushel at local elevators all across the region.
According to the daily summary of trading provided by the Kansas City Board of Trade(we have it linked every day in our markets links at the bottom of this email)- "More fund buying interest came into Kansas City wheat futures on Friday, as KC wheat futures rallied into higher territory once again, according to traders. World production concerns continue to bring underlying support to the market, with drought still plaguing the European Union and Former Soviet Union wheatgrowing areas. Production estimates and export sales anticipation for those areas were trimmed throughout the week, traders said. The Canadian Wheat Board lowered its estimate of the 2010 wheat crop for Western Canada, from 18.9 million metric tonnes to 18.45 million metric tonnes." We have more on the Canadian situation with a release from the CWB this past Friday that talks about their strong exports but falling crop prospects as they were ending the month of July.
For those that heeded the advice of Dr. Kim Anderson at harvest time back in June, they still have some wheat to sell into this market. For 2010 at least, the idea of holding wheat in storage is looking brilliant, with wheat prices sixty percent higher than at harvest as we begin the month of August.
Federation of State Beef Councils Affirms Ties With NCBA and a Move to Greater Self Governance
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~This past Friday, a motion by a member of the Oklahoma Beef Council helped move the Federation of State Beef Councils on the way to a resolution of the calls outside of the Federation and the National Cattlemen's Beef Association for separation of the Federation from the NCBA altogether.
Richard Gebhart of Tulsa offered an amendment for the Federation to begin to seek ways to keep the Federation with synergistic ties to the NCBA while establishing more of a self governance, including absolute control of how Beef Checkoff funds they receive from State Beef Councils are invested. After several minutes of discussion, the motion passed by a vote of 59 to 3.
The Friday vote was not binding, but was followed up on Saturday with a vote that called for independence but not complete separation. "We asked our Federation people where they want to be housed. The issue was whether or not the Federation should be separated from NCBA or stay with the national organization," said Scott George, the Federation Chairman of the NCBA who is also a Wyoming dairy and beef producer. "They decided to stay under the NCBA umbrella but act in a more independent manner. As we move forward, we will be working to develop a structure that ensures greater independence, while still maintaining our 14-year successful working relationship with NCBA."
Oklahoma Beef Producer Dispenses a Little Cowboy Common Sense at Cattlemen's Beef Board Meeting
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma Cattlemen's Beef Board Member Bob Drake of Davis, Oklahoma led the charge on Friday to disapprove the CBB Executive Committee's decision in June to call for full separation of the Federation of State Beef Councils from the National Cattlemen's Beef Association. Drake moved to disapprove that decision of the Committee and his plea to the CBB Board Members carried the day by a vote of 62 to 30.
There was over an hour of discussion by CBB Board Members on this issue and most CBB members spoke of their desire to have the Federation keep the ties with NCBA with greater oversight as needed. The consensus was that most members felt the years of working with NCBA had been good for the beef cattle industry and that the old adage of not throwing the baby out with the bath water applied in this situation.
Click on the link below for more on this story- including chance to hear Bob Drake on the floor talking to his fellow CBB board members at the Summer Cattle Conference in Denver.
Cattle Markets Behaving Better Than Expected in the Summer of 2010
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The mid summer cattle market is acting a little better than many market analysts were expecting- including Dr. Jim Robb, formerly with the Livestock Market Information Center and now working with Co-Bank, a part of the Farm Credit System.
Dr. Robb says that supplies have been tight for awhile in both the fed cattle market as well as the calf marketplace- but better beef demand has allowed the price response. Robb also belives that our cattle market has finally readjusted itself to the reality of $3.50 corn versus the old dynamic of $2.50 corn, which is helping bring us to a point of profitability in both the fed and calf markets. In fact, he thinks the feedlots in the southern plains have a chance to be mostly profitable for much of 2010- in contrast to the ocean of red ink the past couple of years.
Jim Robb was the wrapup speaker on Saturday at the 2010 Oklahoma Cattlemen's Association Convention and Trade Show in Midwest City, Oklahoma- and as he was getting ready to speak to the OCA, we sat down with him and talked about the markets and the general mood of the cattle industry at this time. Today's Beef Buzz is the first part of that conversation.
Oklahoma Cattlemen and Cattlewomen Honor Their Own
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Ladies first- the Oklahoma Cattlewomen named Glenna Fisher as their 2010 Oklahoma Cattlewoman of the year- while they named one of the nicest guys in Oklahoma agriculture as their Honorary Cattlewoman of the year- Duane Harrell of the Oklahoma Department of Agriculture. Duane shows up at events all over the state and is always lining up folks for a picture or two where ever he goes.
The OCA selected Mike Armitage of Claremore as their Oklahoma Cattleman of the Year. The organization also had a very successful auction to support the AJ Smith Memorial Scholarship fund. Over $32,000 was raised in the auction before one rancher from southeastern Oklahoma stepped up and pledged to round up the total from auction to make the overall result $50,000 raised for the Friday evening event.
Let's open the Email Bag-
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We got a note from Dr. Jeff Edwards, State Wheat specialist at Oklahoma State University at the end of this past week, who says he enjoyed our overview of the winter canola crop meetings that we had in our email this past week. But, he does want to remind folks that while some farmers might regard wheat as a crop that needs little management- wheat producers that invest more management time into the crop will see results. Jeff writes "One point I would make is that we don't need to treat winter wheat like "winter wheat" either. Clearly the rotation effect accounts for a large portion of the 10 - 30% yield boost wheat farmers are seeing in wheat after canola. However, I suspect that some of the managerial requirements for canola are spilling over into their wheat management and contributing to the yield boost as well. If farmers will scout regularly, control weeds early, control insects as needed, and provide adequate fertility for their wheat just like they do for canola, then wheat yields will increase." Well said!
We saw Becca Lasich of the Oklahoma Department of Ag at the OCA meeting on Saturday morning- and she was catching us up on a few of the other events that went on while we were covering the Cattle Industry Summer Conference in Denver. We'll have some pictures to share and stories on both the State 4-H Roundup and the Ag in the Classroom event from the end of this past week the next day or so.
Regarding the State 4-H Roundup- we are working with Jessica Stewart on getting more details- but our congrats to the newest members of the Oklahoma 4-H Hall of Fame- Charles Maloy from Rogers County and Qualla Parman from Muskogee.
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Let's Check the Markets!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We've had requests to include Canola prices for your convenience here- and we will be doing so on a regular basis. Current cash price for Canola is $8.00 per bushel, while the 2011 New Crop contracts for Canola are now available are $7.95 per bushel- delivered to local participating elevators that are working with PCOM.
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