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!
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.
Our
Oklahoma Farm Report Team!!!!
Ron Hays,
Senior Editor and Writer
Pam Arterburn,
Calendar and Template Manager
Dave Lanning,
Markets and Production
Macey Mueller,
Web and Email Editor-Writer
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Oklahoma's Latest Farm and Ranch News
Presented by
Your Update from Ron Hays of RON
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news
update.
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Featured Story:
Fire and Rain-
Woodward Fire Keeps Burning But Rain Chances This Weekend
As a new day starts, the news is the same for that Woodward Fire that
is being called the 350 Complex Fire. Oklahoma Forestry Services'
Incident Management Team is working in unified command with the
Woodward Fire Department to battle the 55,308 acre blaze, utilizing
firefighting task forces, heavy equipment and very large air tankers
to suppress the fire. High winds have created the perfect recipe for
fire danger, resulting in 115 personnel working this fire, with more
resources being ordered to assist.
As of this morning, fire officials are calling this fire ten percent contained.
Fire danger continues high in that area and points eastward remain
extreme today- Woods County has a Red Flag Warning- along with 22
other counties that extends into northeastern Oklahoma and south down
to I-40- Oklahoma County is on the southern edge of the Red Flag
Warning.
Read more on where we stand with the fire in northwest Oklahoma by
clicking here.
NOW- let's talk rain chances for this weekend- by Saturday night and
into Sunday- rain chances will jump up in southwest Oklahoma- and
then by Sunday night, the chances of rain look like this, according
to Jed Castles
with News9, KWTV:
Meanwhile,
Alan Crone
with the News on 6 offers some additional details about the current
weather status- including the Red Flag Warnings and the potential for
gulf moisture streaming northward this weekend to make the map above
come alive- Click
here for his Thursday morning blog.
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Beef
and Pork Export Volume Steady with 2015 in February- Value Sharply
Lower
We continue to move roughly the same number of pounds of beef and
pork into the global market compared to last year- in fact we
actually saw more pounds of beef head to Asia this year versus last
year. BUT- the value of each of those pounds is well under a
year ago.
That means the dollars the US is getting for our meat exports is significantly
under the early part of 2015.
February beef exports totaled 83,203 mt, up slightly from last year,
while value dropped 18 percent to $437 million. January-February
exports were up 2 percent in volume (165,504 mt) from a year ago but
fell 16 percent in value ($875.1 million).
Pork export volume was 171,413 metric tons (mt) in February, down 1
percent from a year ago, while value fell 12 percent to $414.3
million. For the first two months of the year, pork export volume
remained 1 percent ahead of last year's pace at 338,423 mt, but value
was down 12 percent to $819.1 million.
Phil Seng
with the USMEF admits he is disappointed. "Given the
headwinds U.S. exports faced early last year, including the severe
congestion in the West Coast ports, we expected to see year-to-year
increases in most markets, but the actual picture was mixed,"
Seng explained. "Beef exports did rebound in most Asian markets
compared to February 2015, but these gains were largely offset by
declines in our neighboring markets. U.S. pork continues to regain
traction in China/Hong Kong, but exports slowed to our other major
Asian destinations."
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United Sorghum Checkoff
Board Needs Producer Board Members- Including One from Oklahoma
The
U.S. Department of Agriculture's (USDA) Agricultural Marketing
Service (AMS) is seeking sorghum producers to serve on the United
Sorghum Checkoff Program Board.
Four producer member vacancies will occur for the upcoming board
term. Kansas has two vacant positions and Texas has one vacant
position. In addition, the board will have one newly created position
for Oklahoma. This is the first time that Oklahoma will control a
dedicated position on the sorghum checkoff board- the state has moved
into the third largest sorghum producing state, based on recent acres
planted.
Any U.S. sorghum producer that owns or shares in the ownership and
risk of loss of sorghum can be considered for nomination. All
eligible producers are invited to seek nomination no later than May
5, 2016.
To read more and to learn about applying for a position on the USCP
Board, click
here.
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An Online Tool to Help
Your Cattle Marketing Decisions- Beef Basis.Com
Because strategically marketing cattle could mean a vast difference
between profit and loss these days, decision support tools like BeefBasis.com are
especially helpful in managing that risk. The site offers comprehensive
market data, various calculators and forecaster tools.
Dr. Glynn Tonsor,
associate professor of agricultural economics at KSU, says the
website is a great resource for determining the right time to sell
cattle you are backgrounding. Specifically, the Value of Gain
forecaster may help producers who are considering the value of
additional weight gain versus what is cost to put those pounds on.
The tool is tied to the feeder cattle futures market and allows
producers to look at prices in specific locations.
Tonsor talks about the online tool in our latest Beef Buzz. Click
here to hear his explanation of how to best use the website as a
part of your marketing strategy.
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Sponsor
Spotlight
We are pleased to
have American
Farmers & Ranchers Mutual Insurance Company as
a regular sponsor of our daily update. On both the state and national
levels, full-time staff members serve as a "watchdog" for
family agriculture producers, mutual insurance company members and
life company members.
Click here to go
to their AFR website to learn more about their efforts
to serve rural America!
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Senator Inhofe Joins Pat
Roberts in Blasting EPA Over Anti Farmer Ad Campaign
Oklahoma's Senior Senator Jim
Inhofe, chairman of the U.S. Senate Environment and
Public Works (EPW) Committee, and Kansas Senator Pat Roberts,
chairman of the U.S. Senate Agriculture, Nutrition, and Forestry
Committee, sent a letter this week to Arthur A. Elkins, Jr., the
inspector general of the U.S. Environmental Protection Agency (EPA),
requesting an audit and investigation of an EPA grant to the
Northwest Indian Fisheries Commission used to support an anti-farmer
advocacy campaign in Washington state. The campaign included
billboards and a website that support increased regulation of
agriculture in Washington state.
"We are troubled to learn that EPA's financial assistance
appears to improperly fund an advocacy campaign in Washington state
that unfairly targets and demonizes farmers and ranchers. According
to a recent news report, the EPA-funded advocacy campaign includes
multiple billboards, bus placards, and an interactive website urging
the public to contact state lawmakers. The website assists the public
in contacting lawmakers by providing a pre-written email criticizing
the actions of agricultural producers and blaming them for polluting
local waterways. Further, the billboards and placards do not cite EPA
as a funding source of the campaign. According to an EPA Region 10
official, the failure to attribute EPA as the source of the funding
'looks like a violation'," the Senators said.
Click
here to read more about the "What's Upstream" campaign
and what the Senator's are asking of EPA.
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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.
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Researchers Contend
Benefits of Beef Justify Small Amount of Greenhouse Gas Emissions
A recent article published in Beef Issues Quarterly discusses the
negative impacts of removing beef from the human diet to reduce
greenhouse gas emissions. The Oklahoma State University researchers
who wrote the article said the focus instead needs to be on using
natural resources even more efficiently, thus increasing beef
production without increasing greenhouse gas emissions. The authors
also suggest reducing consumer waste is key to improving beef
sustainability.
Overall, the study shows the beef industry continues to make advances
in reducing its environmental impact while meeting the protein
demands of a growing population, meaning beef's nutritional value and
accessibility outweigh the small percentage of overall emissions
produced.
Click
here to read the complete article from Beef Issues Quarterly that
shows the Beef
GHG is less than two percent of total GHGs in the US.
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This N That- Dirt Storm
Pics (Amazing), Monsanto Earnings and DuPont Doing Deal with Chinese
Earlier this week, a cold front pushed a huge amount of dirt from
Colorado and Kansas into the Oklahoma and Texas Panhandles-Oklahoma
Panhandle residents faced a wall of dirt late Tuesday afternoon- and Randy Schreiner
of Texhoma shot a series of pictures that he shared with us. The
picture below was the wall headed for Texhoma:
Click
here to see the other pictures that Randy shared with us from the
dirt wall that stretched up to a 100 miles wide as it moved
southward.
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Monsanto
Wednesday reported a drop in second-quarter earnings as expected. The
St. Louis, Missouri-based company told investors Wednesday net income
attributable to the company fell to $1.06 billion in the quarter that
ended February 29th, from $1.43 billion, a year earlier. Meanwhile,
the company effectively pulled away from the mergers and acquisitions
flurry in the industry, according to Reuters.
Monsanto CEO Hugh
Grant said the company now sees its best deal-making
opportunities in smaller acquisitions, licensing deals and
partnerships. Monsanto was making an offer to acquire Syngenta
roughly this time last year. However, after turning down Monsanto's
offers, Syngenta in February agreed to be acquired by ChemChina for $43
billion. Monsanto also approached Bayer AG last year.
**********
DuPont
will work with Chinese seed producer Origin Agritech to develop new
biotech traits for China. It appears that the Chinese company is
awaiting approval of corn varieties to control insects and tolerate
herbicides. The two companies in a statement said the partnership
will bring much needed new seed options for China's farmers. DuPont's
Pioneer seed unit has operated in China for almost 20 years and is
the largest multinational corn seed company in the country.
China's President has urged the country to take the lead in
developing genetically engineered crops. Syngenta could also enter
the Chinese market with biotech traits once the proposed acquisition
by ChemChina is final.
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Our
thanks to Midwest Farms Shows, P & K Equipment,
American Farmers
& Ranchers, Stillwater Milling Company, Oklahoma AgCredit, the 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
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also invite you to check out our website at the link below to check
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WWW.OklahomaFarmReport.Com
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