~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Tuesday November 9,
2010 A
service of Johnston Enterprises, P & K Equipment/ P & K Wind
Energy and American Farmers & Ranchers Mutual Insurance
Company!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
-- Another Week of Dry Weather Across Oklahoma
-- Age And Source Verified Cattle for Export Worth the Effort- So
Says Mike Thoren of Five Rivers
-- USDA to Release Crop Production and Supply Demand Data at 7:30
This Morning
-- National Farmers Union is Critical of Study Sponsored by the
American Meat Institute About GIPSA Livestock Rule
-- Bumper Cotton Crops Here in the Southwest Causing Storage
Problems
-- Riley Pagett- Ready to Serve!
-- A Big Shout Out To Another Tyler- and Looking for a Few Good
Horses!
-- Let's Check the Markets!
Howdy Neighbors! Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are pleased to have American Farmers & Ranchers Mutual Insurance Company as a regular sponsor of our daily update- click here to go to their AFR web site to learn more about their efforts to serve rural America! It is also great to have as an annual sponsor on our daily email
Johnston Enterprises- proud to be serving agriculture across
Oklahoma and around the world since 1893. Johnston is welcoming all fall
crops this harvest. They have space to store your grain and look forward
to serving you. For more on Johnston Enterprises- click
here for their brand new website! If you have received this by someone forwarding it to you, you are welcome to subscribe and get this weekday update sent to you directly by clicking here. | |
Another Week of Dry Weather Across Oklahoma ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The latest
Oklahoma Crop Weather Update tells us that "Cool and windy weather was
experienced throughout most of last week. A freeze warning was in effect
Friday morning for Central Oklahoma with the possibility of frost in some
areas. State Mesonet stations recorded temperatures as low as twenty
degrees in parts of the Panhandle, Northeast, and Southeast districts.
Average temperatures ranged from the upper forties to the low fifties.
Overall precipitation for the State was a meager 0.09 inches with the
Southeast district receiving the most rain with 0.62 inches. Six of the
nine districts averaged no precipitation. Both topsoil and subsoil
moisture conditions were rated mostly in the adequate to short range, with
none rated surplus."
The Oklahoma Wheat and Canola crops now in the ground need a drink. Lack of rainfall has limited small grain development in some areas. Wheat seeding was 96 percent complete by week's end, while 82 percent of wheat had emerged by Sunday. Canola planting reached 95 percent complete and 87 percent of canola plants had emerged by week's end. Across the rest of the Southern Plains- Kansas is done with the
planting of their 2011 winter wheat crop- with 85% of the crop now
emerged. There are major concerns about the dryness of the crop- click
here to read a blog entry from the Kansas wheat folks about how dry it
is in the Sunflower State. Back to Oklahoma- looking at our spring planted crops- "Dry conditions allowed fall harvest to run ahead of normal for all row crops. Sorghum harvest reached 83 percent complete by Sunday, an increase of five points from the previous week and 31 points ahead of normal. Ninety-one percent of soybeans were mature by week's end and 76 percent of the crop had been harvested, 14 points ahead of the five-year average. Virtually all the State's peanuts had been dug and 91 percent of the peanut crop was combined, 17 points ahead of normal. The cotton harvest was 59 percent complete by Sunday, a ten point increase from the previous week, and 16 points ahead of normal." | |
Age And Source Verified Cattle for Export Worth the Effort- So Says Mike Thoren of Five Rivers ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Mike
Thoren is the President and CEO of JBS Five Rivers Cattle Feeders LLC-
and our guest this week on the Beef Buzz. We are talking about where the
cattle feeding business has been, where it is today and where it may be
going with this key player in this segment of the beef cattle industry.
Thoren was on campus at Oklahoma State University this past week as the featured speaker of the Totusek Lectureship. Thoren has served as the President and Chief Executive Officer (CEO) of JBS Five Rivers Cattle Feeding LLC since the Company's inception. From 2003 until 2005, Thoren was the President and CEO of ContiBeef LLC, a former wholly owned subsidiary of Continental Grain Company. Yesterday- Mike Thoren talked with us about one change in the cattle feeding business that makes it harder today to keep closeouts in the black- and that is the volatility of feed grain prices a decade ago versus in the last year or two. Click here to jump to that Beef Buzz to hear this opening segment of our series with Mike Thoren of JBS Five Rivers. On today's Beef Buzz- we continue to talk with Thoren and he expresses the emphasis that Five Rivers is making on sending age and source verified cattle to the processing plant. Click on the LINK below to read more and to hear our second part of our series with the CEO of JBS Five Rivers Feedlots- Mike Thoren. | |
USDA to Release Crop Production and Supply Demand Data at 7:30 This Morning ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Before the
Tuesday morning crop reports were released by USDA, traders and analysts
were expecting USDA to cut its corn yield estimate by another 1.2 bushels
per acre. The average pre-report yield estimate was 154.6 bushels per
acre. At the same time they expect the soybean yield estimate to be up
three-tenths of a bushel, to 44.7 bushels per acre. Average trade
guesstimates for corn and beans were 12.5 billion and 3.4 billion bushels,
respectively.
Allendale said higher soybean crush and exports will more than offset higher soybean production. Also, Allendale did not expect any changes in 2010 wheat production, but said ending stocks will go up due to a weaker than expected export sales pace. Lanworth Vice President Nick Kouchoukos says the winter wheat crop is not off to a good start. Still he predicts, Right now, our rotation analysis for wheat is indicating significantly more land will go into winter wheat this year. Overall, we're seeing the potential for seedlings up about 15 percent from last year, with an approximately 50 percent increase in soft red winter plantings. | |
National Farmers Union is Critical of Study Sponsored by the American Meat Institute About GIPSA Livestock Rule ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ National
Farmers Union President Roger Johnson expects the proposed Grain
Inspection, Packers and Stockyards Administration rules will change - as
the comment procedure advances and we look forward to serious
consideration of the economic impact of the rule. Johnson says - Producers
across the country support this rule and are making their voices heard
through the USDA's comment process. He calls the proposed rule - a Farmer
and Rancher Bill of Rights.
Johnson says of the AMI Sponsored study "The study released by AMI in October 2010 made multiple flawed assumptions that undermine the credibility of its results. The first of many assumptions was that the rule would lead to increased litigation between producers and packers. We believe the rule would have the opposite effect by defining the protection the PSA was originally intended to cover, clearing up any gray areas caused by judicial decisions in recent years. The rule would return the industry to practices followed prior to 2005, a period not known for being rife with lawsuits. Therefore, the argument that increased litigation will result from returning the industry to pre-2005 interpretations has no evidence to support it." Click here for the full statement that Roger Johnson has issued about this analysis of the GIPSA Proposed Rule. The National Farmers Union, R-Calf and Organization for Competitive
Markets are sponsoring a News Conference first thing on Wednesday morning
in Kansas City- just in advance of a News Conference announced earlier by
the National Cattlemen's Beef Association, National Pork Producers Council
and others that will be rolling out a second Economic Analysis on the
GIPSA Rule on the Marketing of Livestock- this one conducted by Informa
Economics. | |
Bumper Cotton Crops Here in the Southwest Causing Storage Problems ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The U.S.
Department of Agriculture's Commodity Credit Corporation (CCC) today
announced Arizona, Kansas, Oklahoma and Texas as storage deficit areas for
the 2010 cotton crop marketing year. CCC determines that a storage deficit area exists if the production of cotton exceeds the combined approved inside storage capacity of warehouses that have entered into a Cotton Storage Agreement with CCC, less carry-in stocks for the area. Approved cotton storage warehouse operators located in such storage deficit areas may apply to CCC for authorization to store cotton that is pledged as collateral for a CCC loan in specifically designated outside areas. For the 2010 marketing year determination, CCC used the Oct. 8, 2010, production estimates by the National Agricultural Statistic Service (NASS) and carry-in stocks for the same time period. To be authorized for outside storage of cotton loan collateral, a warehouse must agree to specific storage and reporting requirements for yard-stored bales. CCC's approval to store cotton outside applies only to bales pledged as collateral for a marketing assistance loan with CCC. This approval does not extend to CCC-owned cotton, or other cotton that is not pledged as CCC loan collateral and does not relieve the warehouse of any obligations to the producer or others regarding storage. All cotton in which CCC does not have an interest must be stored in compliance with all applicable licensing and/or state laws, rules and regulations. | |
Riley Pagett- Ready to Serve! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Riley
Pagett of Woodward is getting ready. On October 23, 2010, he heard his
name called out as the new National President of the FFA Organization,
which means his life for the next twelve months will be all about the Blue
and Gold jacket that symbolizes the organization. His story is one of not giving up the first time around. Pagett ran for a National Office in the youth organization last year in 2009- and did not hear his name called on that Saturday afternoon in October. He tells us he sought a lot of counsel, thought about and prayed about trying again this year- and decided to make another try. He was selected as the National FFA Officer Candidate from Oklahoma back at the beginning of summer- and from there spent a lot of hours building his case to be a part of the 2010-11 National Officer Team. This past week- we sat down and visited with Riley on campus at Oklahoma State University. He is quickly finishing his fall semester obligations at OSU- then will take two semesters off in order to fulfill his new "job" as the national leader of this agricultural youth organization. We talked about waiting to hear his name called on stage in Indianapolis last month- as well as getting ready for the year ahead. Click here for our full conversation with Riley as he prepares to jump with both feet onto a magic carpet ride experience that is ahead. Also from the FFA beat- we had some technical issues with the video we had recorded of Tyler Schnaithman in the National FFA Creed Finals- and we have finally been able to get it processed and up on our website via Youtube. The quality is not the best- but you can get a feel of how Tyler delivered the Creed in the National Finals as he finished third in the United States in this annual contest. Click on the LINK below for this look back at the 2010 National FFA Convention and one of the Oklahomans who represented the state very well. Click here for the video of Tyler Schnaithman in the National FFA Creed Finals in Indy. | |
A Big Shout Out To Another Tyler- and Looking for a Few Good Horses! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Tyler
Norvell has been named Vice President of Public Policy for the
Oklahoma Farm Bureau. Norvell most recently has served the organization as
director of national and state affairs and first joined OFB as a
legislative specialist in 2006. Norvell replaces Lori Peterson, who will be taking over as Executive Director of the Oklahoma Railroad Association. "We are extremely pleased and excited to have someone of Tyler's
abilities ready to step into this critically-important position," said
Monica Wilke, executive director, Oklahoma Farm Bureau and affiliated
companies. It will be coming up before you know it- and we are putting an early call out for those of you that have a horse that you would like to nominate to be worked with by Craig Cameron at the 2010 Tulsa Farm Show December 10-12 at the Tulsa Fairgrounds. Drop me an email at the address you find at the very bottom of this email- or you can give me a call at 405-841-3675- if I am not there- leave your name, number and a brief description of the horse that you own that needs the gentle horse training touch of Craig Cameron. I will be making this appeal several times- but don't put it off if you want your horse to be professionally handled by Craig Cameron this year- call or email me right away! | |
Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, American Farmers & Ranchers, KIS Futures and Big Iron Online Auctions 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- FREE! 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. | |
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 $9.40 per
bushel, while the 2011 New Crop contracts for Canola are now available are
$10.20 per bushel- delivered to local participating elevators that are
working with PCOM.
Here are some links we will leave in place on an ongoing basis- Click
on the name of the report to go to that link: | |
God Bless! You can reach us at the following: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
email: ron@oklahomafarmreport.com
phone: 405-473-6144
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