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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 E-mail Editor
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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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Blayne Arthur
Wraps Up Her Time at ODAFF- Ready for the Challenge of Leading the
Oklahoma 4-H Foundation
A farewell reception for Deputy Commissioner of the Oklahoma
Department of Agriculture, Food and Forestry Blayne Arthur
was held on Thursday afternoon at the State Agriculture Building in
Oklahoma City. Arthur, who served with State Commissioners Terry Peach
and Jim Reese,
is leaving ODAFF as she accepts the position of Executive Director of
the Oklahoma 4-H Foundation.
Her final day with ODAFF is today- she begins her service at the
Oklahoma 4-H Foundation May 31st.
We talked with Blayne about her time at ODAFF and what lies ahead as
she takes over the Executive Directorship of the Oklahoma 4-H
Foundation- click
here to read more and to listen to our visit with her.
By the way- Betty
Thompson has been named the new Deputy Commissioner
for ODAFF- Betty grew up on a dairy farm and is a former Miss
Oklahoma- who actively promoted the benefits of dairy foods during
her year as Miss Oklahoma.
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Sponsor Spotlight
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
Corporation. National Livestock has been around
since 1932- and they have worked with livestock producers to help
them secure credit and to buy or sell cattle through the National
Livestock Commission Company.
They also own and operate 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.
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Near Record Global Wheat
Harvest and Stocks Projected for 2016 - Kim Anderson Explains
The USDA recently announced projections for the 2016
wheat harvest, and OSU Grain Marketing Economist Dr. Kim Anderson
says world production is predicted to be higher than he originally
thought.
"You know we talked about being around 26.1 billion bushels a
couple of months ago. Of course, the weather changed around the world
- in Oklahoma, the U.S. and in the foreign countries," he says.
"The USDA had world wheat production at 26.7 billion bushels."
Last year's harvest produced 27 billion bushels of wheat, which is
the current record. Anderson says the last three to four years of
record or near record production - combined with this year's bumper
crop - will put world ending stocks up over 9 billion bushels.
Because about 50 percent of Oklahoma wheat is sold on the export
market, Anderson says that record ending stocks number will affect
prices here at home.
"Higher production, higher ending stocks means lower prices,
which were experiencing now," he says. "We got Oklahoma
prices in the $3.70 to $3.90 area."
Current prices means producers can't afford discounts at the
elevator. Anderson once again stresses the importance of delivering
clean wheat. He told SUNUP's Dave
Deken dockage can range from a $.05-$.12 discount and
foreign material discounts start at $.02 for .5 percent, goes up to
$.50 for 3.1 percent and get worse from there.
"The discounts are serious this year because the market wants a
quality product; they want a clean product," he says.
You can watch Kim this weekend on SUNUP, or you can click
here to get an early listen to his comments.
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Farm Credit Associations
of Oklahoma Host Centennial Celebration
The
Farm Credit Associations of Oklahoma recently held a centennial
celebration in honor of Farm Credit's 100 years of service to rural
America.
The event was held May 11th at the Oklahoma State Capitol in Oklahoma
City and drew over 70 legislators, numerous agricultural business
representatives, Farm Credit employees and board members from across
the state.
A reception was held on the 4th floor rotunda of the Oklahoma State
Capitol building followed by the reading of two resolutions, one on
the floor of the House of Representatives and one of the floor of the
Senate, recognizing Farm Credit for 100 years of service to the
agricultural industry and the economic boost Farm Credit provides to
the state's economy.
An official resolution was introduced on the House floor by Speaker
of the House
Jeff Hickman and State Representative Scott Biggs
that commended Farm Credit for its 100 years of support and service
to the agricultural community in Oklahoma as well as nationwide. A
portion of Representative Biggs' comments praised Farm Credit for
their role specifically in supporting young people involved in
agriculture, through 4-H and FFA sponsorships and young farmer and
rancher programs.
Click
here to learn more about Farm Credit's 100th celebration.
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Fifty-Plus
Ag Groups Show Support for Farm Credit System
With farm and ranch commodity prices increasingly
under pressure, concerns are growing that the agriculture economy may
be entering a prolonged period of instability, making the role of the
Farm Credit System more important than ever, the American Farm Bureau
Federation and more than 50 agricultural groups wrote to the Senate
Agriculture Committee.
"Credit availability in good times is singularly important to
our respective members. Credit availability in tough times may well
mean the difference between producers staying on the land or being
forced to abandon their operations," the groups wrote.
The array of credit products offered by both the Farm Credit System
and commercial banks, often in a collaborative and cooperative
manner, ensures that farmers and ranchers and their industry sector
partners have access to financial tools that are vital to their success,
according to the groups.
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Sponsor
Spotlight
For nearly a
century, Stillwater
Milling has been providing ranchers with the
highest quality feeds made from the highest quality
ingredients. Their full line of A&M Feeds can
be delivered to your farm, found at their agri-center stores in
Stillwater, Davis, Claremore and Perry or at more than 100 dealers in
Oklahoma, Arkansas, Kansas and Texas. We appreciate Stillwater
Milling's long time support of the Radio Oklahoma Ag Network and we
encourage you to click here to learn
more about their products and services.
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American
Soybean Association and National Council of Farmer Cooperatives
Tell Congress to Get Moving on TPP
The American Soybean Association and the National
Council of Farmer Cooperatives are both renewing their call to
Congress to work toward passage of the pending Trans Pacific
Partnership, a 12-nation trade agreement that could have major impact
on U.S. agricultural exports.
"As we have said consistently, each sector within
the American agricultural economy is very closely connected to the
next, and nowhere is that more clear than in the case of soybeans and
livestock. The TPP is a win for soybean farmers because it means more
meat exports. When our partners in the pork, poultry, beef and dairy
industries do well, we do well," said ASA President Richard Wilkins,
a soybean farmer from Greenwood, Del.
Click
here to read more from the ASA.
"Exports continue to be an engine driving
economic growth across America. For agriculture, the TPP offers
tremendous opportunity to farmers and their co-ops to expand exports
and generate additional economic activity across farm country,"
said Chuck
Conner, president and CEO of NCFC. "The
agreement contains meaningful reductions in barriers erected by other
countries to U.S. agricultural exports by lowering tariffs and
working to ensure that sanitary and phytosanitary standards are based
on science.
Click
here to read more from NCFC.
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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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Cattle
Prices Benefiting from Aggressive Marketings and Lower
Carcass Weights
A lot has changed in the cattle market since this
point last year when record fed cattle weights caused a surplus in
beef supply and a drastic drop in prices. Dr. Derrell Peel,
Oklahoma State University Extension Livestock Marketing Specialist,
says feedlots are now doing a better job of marketing cattle in a
timely manner and beef prices are starting to reflect it.
"The situation is quite different now compared to what it was
most of last year, in that feedlots have an incentive to pull cattle
forward," he says. "They've done that; they've marketed
cattle aggressively - which initially put additional supply on the
market and weighed on prices in April - but then following that we're
very current right now. Carcass weights have come down, and so we've
seen this little rally in the markets recently."
Demand for beef will continue to play an important role in the
equation, and Peel says this time of year provides several
opportunities for featurings during the Memorial Day and Father's Day
weekends.
"Demand is key to this thing because we did put more supply on
the market early," he says. "It did weigh on prices, but
the good news is that quantity came through and we moved that meat
through the system.
"There is a good indication now that we probably have not only
moved meat currently but forward priced quite a bit of meat, taking
advantage of those lower prices that existed say two to three weeks
ago."
We also get Dr. Peel's take on the second half of 2016- read more and
hear all of his comments by clicking
or tapping here for this latest edition of the Beef Buzz.
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Let Them Eat Cake- The
Latest Op-Ed on State Question 777
The Oklahoma Ag
Policy website, a website created by the Public
Policy Division of the Oklahoma Farm Bureau, has posted an article
entitled "Let Them Eat Cake."
It's a piece designed to make a case for State Question 777- based on
the problem of hunger here in the state of Oklahoma. It takes aim at
the radical environmental and animal rights groups who the article
says are pushing policies that only they can afford and that are
costly to consumers who face hunger.
"With little understanding of economics or animal husbandry, these
groups are pushing for legislation that ultimately limits the ability
of farmers to produce food.
"For example, California voters approved Proposition
2 in 2008 that prohibited any confinement of farm animals that does
not allow them to turn around freely, lie down, stand up, and fully
extend their limbs.
"After it took affect in January 2015, the price of eggs in
California skyrocketed. The increase in egg prices was 35 times
higher than the overall inflation rate, according to a study by
Cornell University.
Ballot initiatives like Proposition 2 - backed by the
Humane Society of the United States, People for the Ethical Treatment
of Animals, the Sierra Club and others - are being passed across the
country.
"And what happens as a result? The price of food soars.
"When the price of food increases, who suffers? Certainly not
Wayne Pacelle or any of the folks at HSUS. Low-income Americans
suffer. When we tie the hands of farmers and ranchers, we limit
the production of food and prices increase."
The article goes on to talk about what this means to Oklahoma and the
discussion over the "Right to Farm" State Question that
voters will decide on this coming November.
Click here to read more
from Oklahoma Ag Policy on this State Question 777 opinion piece.
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Waiting on Wheat Harvest-
We Talk With Mike Schulte Tomorrow Morning In the Field
Mike Schulte with the Oklahoma Wheat Commission will be
our guest Saturday morning for this week's In the Field- to be seen
on KWTV News9 at 6:40 AM. Mike and I will be talking about the
2016 wheat harvest and what has tuned into a delayed start because of
this week's cool, damp weather.
On Thursday afternoon- we did receive and post Dr. Bob Hunger's latest
wheat disease update- he says "Except for in the panhandle,
wheat foliage is pretty much done for in Oklahoma. Wheat in the
panhandle was mostly in the kernel forming stage."
Dr. Hunger does quote a couple of southwestern Oklahoma folks who
think we might still be ten days to two weeks away from wheat harvest
in the southwest.
We also traded tweets last night with Jimmy Kinder of Walters- who
thinks if we can ever get past this New England like weather- we
could start by the latter part of next week- apparently the wheat is
ripe- just needs to dry out a bit.
Unfortunately- it does look like we may be fighting more rain this
coming week- coupled with more normal temperatures. Our colleague and
friend Jed
Castles of News9 provides this nine day graphic- and
as you can see- it may get a bit bumpy in the week ahead.
The blog version of what may be ahead- with an Eastern Oklahoma
perspective- comes courtesy of
Alan Crone with the News on 6- click
here to take a peek.
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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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