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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!
OKC West is our Market Links Sponsor- they sell cattle three days a week- Cows on Mondays, Stockers on Tuesday and Feeders on Wednesday- Call 405-262-8800 to learn more.
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 futures- click or tap here for the report posted yesterday afternoon around 3:30 PM.
Okla Cash Grain:
Futures Wrap:
Feeder Cattle Recap:
Slaughter Cattle Recap:
TCFA Feedlot Recap:
Our Oklahoma Farm Report Team!!!!
Ron Hays, Senior Farm Director and Editor
Carson Horn, Associate Farm Director and Editor Pam Arterburn, Calendar and Template Manager Dave Lanning, Markets and Production Kane Kinion, Web and Email Editorial Assistant
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Oklahoma's Latest Farm and Ranch News
Your Update from Ron Hays of RON
Friday, June 28, 2019
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Howdy Neighbors!
Here is your daily Oklahoma farm and ranch news update. |
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Featured Story:"Harvest Weather" Finally Allows Oklahoma Wheat Harvest to Reach 2/3 Complete- Plains Grains Calls It 68% Done
According to Plains Grains, "The 2019 HRW wheat crop is finally seeing "harvest weather" in the central and southern Great Plains (sunshine, warm temperatures, lower humidity and fewer rain events). These conditions have allowed harvest to move much more quickly in Texas (now 61% complete with harvest mostly southern, central and northern except northwest), Oklahoma (now 68% complete with harvest and Kansas (now 14% complete with harvest).
"Texas is now starting harvest in the northwest parts of that state as are the extreme northwestern parts of Oklahoma. Both those areas generally have later harvest dates due to higher elevation. Kansas cutting has picked up speed, but has still been plagued with rain, high humidity and seasonably lower temperatures particularly in the central and eastern corridors of the state. Harvest in parts of southwest Kansas has begun."
Mark Hodges also has more test data to report on this week- and you can check on all of that by jumping to our Top Ag Story this morning- click or tap here.
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Sponsor Spotlight
Midwest Farm Shows is proud to produce the two best Farm Shows in the State of Oklahoma annually- the Tulsa Farm Show each December and the Oklahoma City Farm Show each April.
They would like to thank all of you who participated in their 2019 Oklahoma City Farm Show.
Up next will be the Tulsa Farm Show in December 2019- the dates are December 12th, 13th, and 14th.
Now is the ideal time to contact the Midwest Farm Show Office at 507-437-7969 and book space at the 2019 Tulsa Farm Show. To learn more about the Tulsa Farm Show, click here.
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Kim Anderson Says Wheat Prices Volatile in June, But Producers Could Expect a Rally Later This Season
This weekend on SUNUP, Oklahoma State University Extension Grain Market Economist Dr. Kim Anderson joins host Dave Deeken again to discuss the volatility of the wheat market and how prices have fluctuated over the course of this past month.
Since the start of June, Anderson says prices have moved up and down within a range of anywhere from $4.75 a bushel to as low as $4.30. Anderson ascribes this volatility to the premium that SRW wheat has over HRW wheat currently, in addition to lower than preferable test weights and protein levels that have been included in early reports from the field. From a global market perspective, exports have performed well but Anderson says the general expectation is that they should soon begin to taper off as foreign competitors come back online with their new crops. With a slight chance that the Black Sea Region could potentially lose its crop though, Anderson says there is the potential that domestic prices could pick up as much as $3 to $4 dollars. He maintains that producers should consider selling their wheat before the end of September - when the Black Sea will have gotten its harvest underway and more accurate forecasts of its crop can be made. You can watch their visit tomorrow or Sunday on SUNUP- but you can hear Kim's comments right now and see what else is on the lineup for this weekend's episode, by clicking here.
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The latest Drought Monitor Map for Oklahoma is a continuation of what has been seen for some time now, with no indication of either "Drought" nor "Abnormally Dry" conditions in the state. This is very unusual for this time of year as dryness has typically crept into the state by now.
However, as the weather continues to grow hotter and drier through the summer, it is likely that we will begin to see that map gain a little color to it. As you can see right now though from the map pictured, here at the end of June the map is all-white and drought-free.
For more information about the current conditions in Oklahoma, click here.
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In speculating about the future of agriculture, David Hollinrake, president of Syngenta Seeds and North America region director, is certain of one thing: "It's not going to be my daddy's farm moving forward."
Hollinrake believes dramatic changes are coming to agriculture. In a keynote address to more than 300 people at Triad BioNight, an awards banquet sponsored June 20 by the North Carolina Biotechnology Center in Greensboro, Hollinrake made five projections about the future he calls "Megatrends" based upon data reported by the Boston Consulting Group.
According to Hollinrake, those megatrends he has predicted will include a growing demand for food, fiber and fuel; the expanded use of technology to help meet demand; an increase in farmers' adoption of advanced practices; the arrival of structural shifts that will change the family farm; as well as sociopolitical issues that will challenge growth.
While Hollinrake is bullish on the future of ag innovation, he says his expectations are tempered by global challenges such as a lack of global regulatory harmony, political tensions, trade issues, product lawsuits and consumer distrust of ag technologies.
Click here to jump to the full story to read more about Hollinrake's ideas about the future of agriculture and the trends that will influence its evolution.
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Sponsor Spotlight
At AFR Insurance we are proud to have served Oklahomans and their communities for over 100 years. We know that insurance is more than talking about being there for you, it is about actually being there for you. We are here to give you a peace of mind by offering you the best insurance products at an affordable price. AFR Insurance offers auto, home, farm and life insurance to all generations, from young to old, we are here for you day in and day out.
Price. Protection. Peace of Mind. That's AFR Insurance.
Visit www.afrmic.com today to find your local agent and get a quick quote today!
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It has been a challenging year for pork exports given the tariffs with Mexico as well as with China. At the same time, beef exports are starting to feel the pain from the tariff differential with other countries in Japan. Even so, beef exports have still managed to maintain a fair amount of strength domestically compared to one year ago, according to Kansas State University Extension Livestock Market Economist Dr. Glynn Tonsor.
However, Tonsor contends that the pressure from tariffs and other factors, pork demand has been limited and he cannot help but think that has impacted the cattle market as well. He asserts that if some definite resolutions were made in getting the various trade negotiations currently on the table done - it would greatly help the meat sector.
"If we had clear clarification on trade policy - the actual terms of trade - I do anticipate the markets would react strongly if we had positive development there," Tonsor remarked. "China is front and center on that but finalizing the deal with Canada and Mexico would allow us to kind of wrap that up and move on. There's a fairly lengthy list of major partners on the to do list of our negotiators."
Listen to Tonsor's full analysis of the current beef demand situation, plus learn about the changes being made to the Livestock Risk Protection Program, on yesterday's Beef Buzz - click here.
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There are already big wins secured for sustainable agriculture in the House's FY 2020 Agriculture Appropriations bill. However, family farmers and sustainable agriculture advocates flocked to the Hill this week to push funding priorities across the finish line. On Wednesday, twelve family farmers and farm/food advocates joined the National Sustainable Agriculture Coalition (NSAC) in DC to participate in the Coalition's June Farmer Fly-in.
"Amplifying the voices of America's family farmers is one of the most impactful things we can do as a farm and food policy organization, and so we're thrilled to have these twelve 'ag-vocates' here with us this week talking about appropriations," said NSAC Interim Policy Director Juli Obudzinski.
NSAC's June fly-in participants included farmers and advocates from California, Georgia, Kansa, Missouri, Lousiana, Maine, Michigan, Nebraska, Oregon and Wisconsin. For most of the participants this was there first time advocating on Capitol Hill.
You can read more about the NSAC's Fly-in, by clicking or tapping here.
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Apache Auction Market invites you to join them this Saturday, June 29th in Apache, OK for a complete dispersal sale of Vache Land & Cattle - featuring Angus, Sim-Angus and Red Angus cows and bulls plus 300 head of 3 to 6 year-old spring calving pairs and 50 fall calving cows.
Sale starts at noon. To review videos and descriptions of the stock up for sale - click over to www.apacheauction.com or f or more information call 888-926-9696.
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Also - mark your calendars for the upcoming Oklahoma Independent Stock Growers Association meeting. Slated to speak to those in attendance is Bill Bullard, CEO of R CALF, who will offer an update on the organization's recent activity. Among other speakers, Speaker Charles McCall, Senator Frank Simpson and Senator David Bullard and several other legislators will also be attending the meeting scheduled for July 13, 2019, at Murray State College.
================================================ Kailey Guinn of Porter, Oklahoma was recently crowned Miss United States Agriculture on June 22nd, 2019 in Orlando, Florida. Kailey is the daughter of Tim and Jentri Guinn. Kailey is 18 years old and attends the University of Oklahoma, majoring in Meteorology with a minor in Broadcast Meteorology.
On her family farm in Porter, Kailey enjoys raising beef cattle, showing pigs, and growing hay crops. Kailey has a passion for agriculture and enjoys sharing her platform, Agricultural Meteorology Awareness. Kailey is excited for her year of service and advocating for American Agriculture.
For winning the competition, Kailey received a $4,000 scholarship. Learn more about the 2019 contest by clicking or tapping here.
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Our thanks to Midwest Farms Shows, P & K Equipment, AFR Insurance, Oklahoma Farm Bureau, Stillwater Milling Company, National Livestock Credit Corporation, Oklahoma Beef Council, Oklahoma AgCredit, the Oklahoma Cattlemens Association, 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 invite you to check out our website at the link below too that includes an archive of these daily emails, audio reports and top farm news story links from around the globe.
God Bless! You can reach us at the following:
phone: 405-473-6144
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