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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!
Today's
First Look:
Ron
on RON Markets as heard on K101
mornings
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
Etc.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Canola
Prices:
Current
cash price for Canola is $12.40 per bushel-
2012
New Crop contracts for Canola are now available at
$12.57 per bushel- delivered to local
participating elevators that are working with PCOM.
Futures
Wrap:
Our
Daily Market Wrapup from the Radio
Oklahoma Network with Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
KCBT
Recap:
Previous Day's Wheat Market Recap-Two
Pager from the Kansas City Board of Trade looks at all
three U.S. Wheat Futures Exchanges with extra info on
Hard Red Winter Wheat and the why of that day's
market.
Feeder
Cattle Recap:
The
National Daily Feeder & Stocker
Cattle Summary- as prepared by USDA.
Slaughter
Cattle Recap:
The
National Daily Slaughter Cattle
Summary- as prepared by the USDA.
TCFA
Feedlot Recap:
Finally,
here is the Daily Volume and Price Summary from
the Texas Cattle Feeders Association.
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Oklahoma's
Latest Farm and Ranch News
Your
Update from Ron Hays of RON
Tuesday,
March 27,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
OSU's
Derrell Peel Sees Cattle Market Fundamentals
Clearing with Improved Drought
Conditions
Through
much of the winter, uncertainty about continued
drought in major beef cattle regions contributed
to uncertainty about cattle industry supply
fundamentals. Would 2012 be another year of
drought forced liquidation, like 2011, or can the
industry get back to responding to growing market
signals for herd expansion? OSU's
Extension Livestock Marketing Specialist, Derrell
Peel, says this question has significant
implications for cattle markets in both the short
run and the long run.
The data indicate
that heifer retention began in 2009. Despite
smaller January 1 heifer inventories, a higher
percentage of available replacement heifers were
utilized and the number of heifers entering the
herd increased. The trend continued in 2010 with
another increase in the number of heifers entering
the herd, despite a smaller inventory of
replacement heifers. Despite continued net
national liquidation, by January of 2011 solid
indications of herd expansion were in place in
several states, mostly in the Northern Plains and
Rocky Mountain regions. The Southern Plains
drought of 2011 resulted in significant reductions
in heifer retention despite continued growth in
beef cow herds in more states in other parts of
the country.
The January
1, 2012 inventory of beef replacement heifers was
1.4 percent higher than the previous year, setting
the stage for more heifer retention...if drought
conditions permit. It now appears that drought is
unlikely to cause significant additional forced
liquidation and thus it will be other factors that
determine how much and how fast heifer retention
occurs in 2012 and beyond. While active drought is
unlikely to cause additional liquidation, the
aftermath of the drought with respect to the
amount of damage to pastures and rangelands and
the time required for recovery is still quite
uncertain. While the amount of heifer retention in
the drought areas is likely to be limited in 2012,
continued or accelerated heifer retention in other
areas is likely to result in an increase in the
number of beef heifers entering the herd in
2012.
You can click here to read more of
Derrell Peel's analysis
of
how last year's drought continues to
shape cattle markets.
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Sponsor
Spotlight
We
welcome the Oklahoma Energy Resources
Board as a daily email
sponsor- The OERB voluntarily
restores abandoned well sites - at
absolutely no cost to landowners. Since 1994,
we've dedicated more than $66 million to restoring
more than 11,000 orphaned and abandoned well sites
across the state. Their goal is to make the land
beautiful and productive again. To learn more, click here for their well site
cleanup
webpage.
We
are also excited to have as one of our sponsors
for the daily email Producers Cooperative Oil
Mill, with 64 years of progress through
producer ownership. Call Brandon Winters at
405-232-7555 for more information on the oilseed
crops they handle, including sunflowers and
canola- and remember they post closing market
prices for canola and sunflowers on the PCOM website- go there by
clicking here.
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Much-Needed
Rains, Warm Temps Speed Crop Development--Your
Latest Crop Weather
Update
A
slow-moving storm system brought needed rain
across much of the state, improving drought
conditions. The March 20th Drought Monitor showed
45 percent of the state was no longer in a drought
condition, compared to 38 percent the prior week.
The majority of the Panhandle remained in an
extreme to exceptional drought, and areas of the
western part of the state remained in a moderate
to severe drought.
Small
grain crops and canola benefitted from the rains,
improving progress and conditions for all crops.
Wheat jointing was 73
percent complete by Sunday, up 20 points from last
week and 23 points ahead of the five-year average;
heading had begun in a few areas.
Fifty-six
percent of the wheat crop was reported to be in
good condition, 19 percent was reported to be in
excellent shape, 19 percent was reported to be
fair and six percent was listed in poor or very
poor condition.
Fifty-two
percent of Oklahoma's canola crop was in good
condition, 26 percent was in fair condition, 16
percent was in excellent condition with only six
percent reported to be poor or very
poor.
Kansas
wheat conditions last week showed 48 percent to be
in good shape, 33 percent in fair shape, 11
percent in excellent condition and only eight
percent showing to be in poor or very poor
condition.
Thirty-one
percent of the Texas wheat crop was in fair
condition, 28 percent was good, 11 percent was in
excellent shape, and the remaining 30 percent was
in poor or very poor condition.
Click here for the complete Crop
Weather Update for the state of
Oklahoma.
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Conditions
Favorable for Rust Problems in Oklahoma Wheat
Fields- Bob Hunger Updates
The
latest rundown of wheat disease problems in the
southern plains was made available over the
weekend by OSU Plant Pathologist Dr. Bob Hunger.
Dr. Hunger says that for Oklahoma wheat producers-
the week of rains makes this coming week one of
decision when it comes to the application of a
foliar fungicide. Hunger says "although neither
leaf rust or stripe rust are widely present at
this time, it is getting close to decision time
regarding the application of a foliar
fungicide."
His report for Oklahoma is
first (in first person by Dr. Hunger)- followed by
reports he provides from colleagues.
(Reports from Texas and Kansas are available at
the link below.)
Oklahoma: I didn't get out
in the field much this past week - too much rain
(thankfully). However, I have received several
reports and made a few phone calls, so will
forward that information on. My impression is that
much of the wheat in Oklahoma looks good and is
about 2 weeks early.
In southwest/south
central Oklahoma, Mark Gregory (SW Area Extn Agron
Spec) today indicated that much of the wheat in
the area has the flag leaf emerging to fully
emerged, but that wheat is not yet in the boot
(but is getting close). He hasn't seen any rust,
but has seen quite a bit of powdery
mildew.
In northwest Oklahoma, Roger
Gribble (NW Area Extn Agron Spec) reported that on
23-Mar he toured through NW Oklahoma (Seiling,
Arnett, Taloga, Woodward, Gage, Alva, Buffalo,
Homestead) and saw generally across that area
wheat had the flag leaf rolled up and emerging but
not yet completely emerged. Roger saw tan spot and
powdery mildew but no leaf or stripe
rust.
More of Dr. Hunger's report--as well
as reports from his colleagues in Texas and
Kansas--can be found by clicking here.
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4-H
Members Explore Issues Affecting Youth at the 2012
National 4-H Conference
Two
hundred 4-H members from across the country came
to the nation's capital to make their voice heard
as part of the 2012 National 4-H Conference,
sponsored by the U.S. Department of Agriculture's
(USDA) National Institute of Food and Agriculture
(NIFA). Dr. Jill Biden, Second Lady of the United
States, and Agriculture Secretary Tom Vilsack
addressed the delegates during the morning general
session.
"These 4-H members are
extraordinary role models and mentors in their
communities," Dr. Biden said. "Just as our
military men and women serve our country on the
battlefield, these young people lead in our
communities. Over the next few decades, one of the
tasks that will define their generation will be
their support for our returning veterans and our
military families."
"For almost 100 years,
USDA and 4-H have partnered to produce some of our
nation's best and brightest, including farmers and
ranchers who have supported the American economy
and put food on our tables," Vilsack said. "You
all are tomorrow's leaders. We need you to think
big, innovate and help tackle the important
challenges standing between us, a stronger middle
class and a stronger nation."
Click here to read more about the 4-H
national conference in Washington, D.C.
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Boxed
Beef Prices Down Again - Audio with Ed Czerwien,
USDA Market News Office
In
this week's beef report, according to Ed Czerwien,
USDA Market News Office in Amarillo, Texas, we saw
the choice cut market end the week of March 23
down again. It was down $2.50 from the previous
Friday. The load volume was also down about 300
loads from the previous week.
The
finished cattle trade was generally steady to a
dollar higher to end the week at mostly $126 in
the South, but the Northern Plains saw $127 to 128
on the hoof, $200 to $204 in the meat.
The
average live weight of cattle harvested from the
Texas Panhandle was 1242 pounds, up about three
pounds from the previous week, but only two pounds
heavier than this time last year.
The
monthly Cattle on Feed Report last Friday showed
on-feed numbers up three percent.
Catch Ed Czerwien's complete weekly
audio report by clicking here.
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Spring
Canola Tours Announced by Oklahoma State
University
The
2012 spring Canola Field Tour schedule has been
released by Josh Bushong, OSU Extension Canola
Specialist. There will be a total of 13 stops on
this look at Canola across the western half of the
state over a four-day period. They will look at
several production topics for the crop as it will
be in full bloom or slightly beyond that stage-
harvest options will be discussed as well as
marketing and the varieties that are growing in
the field plots.
Click here for the county-by-county
rundown of dates, times and locations.
A
tentative list of speakers and topics will include
(may be modified):
Josh Bushong (OSU,
Extension Canola Specialist) - Canola in
No-till
Dr. Tom Royer (OSU, IPM Specialist)
and/or other OSU Ento / Plant Path Personnel -
Pest Management
Dr. Brian Arnall (OSU,
Precision Nutrient Management) - Canola Fertility
and pH
Heath Sanders (PCOM, Oilseed
Agronomist) - Harvest Options
Jessica Swan
(ADM, Merchandiser) - Canola Marketing and
Forecast
Dr. Chad Godsey (OSU, Cropping
Systems Specialist) and Mark Boyles (OSU, Canola
Specialist) - Canola Variety
Performance
Some speakers may not be
available at every location, but all topics will
still be covered. About 1 1/2 hours will be
spent at each
stop. |
We
Need Horses, Pink Slime, Shorthorns and More!
We
are now just a few weeks away from the start of
the 2012 Southern Plains Farm
Show- the dates this year are April 19-21
at State Fair Park in Oklahoma City- and once
again, we are working with our friends at Midwest
Farm Shows to find a couple of horses to be used
in the training sessions with Scott Daily this
year. We already have a couple of the slots
filled for horse training with Scott in April-
from some folks who inquired last fall as we asked
you for nominations at the Tulsa Farm Show- so
we need just two horses to have
this spring's dance card filled. If you have
a horse that you would like Scott to work
with at this year's show- email me by
clicking here- or give me a call and leave
details on my voicemail- 405-841-3675. Give
me a couple of details about the horse- age, what
problems you may have with him and what problems
might need to be corrected as a horse trainer
works with him- AND- be sure and give us your
name, town, email and best number to get in touch
with you. You will need to be able to get
the horse to Oklahoma City on either the afternoon
of the 18th or early morning the 19th.
A
Couple of Links to Share with You- The
nightmare of ABC News and their pink slime stories
has turned very real for workers at several plants
operated by Beef Products, Inc- as they have
given layoff notices to 600 works in three states-
including in Garden City, Kansas and Amarillo,
Texas.
The
company contends the product is totally lean beef-
no fillers- and is safe. USDA agrees- but
the activists who stirred up this latest trouble
for BPI worries about the ammonia gas that
is used in the process to keep pathogens down-
from a Reuters story- "Hamburger is not a
completely safe product, but the BPI product is as
safe, if not safer, than other parts of
hamburger," said Seattle-based food safety lawyer
William Marler. "BPI has gotten crushed by public
sentiment that this stuff is icky."
Click here for this story
detailing the closing for now of these three
plants- and we ran across a website- click here- that helps refute the
allegations leveled by opponents of the
process.
Finally-
we have multiple auctions on our Auction page at
OklahomaFarmReport.Com- and we invite you to
jump over there and check details of each of these
sales out- in particular, we remind you of the
2012 edition of the Oklahoma Sooner Classic
Shorthorn Sale that will be happening this
Saturday, March 31st at the fairgrounds in
Duncan. Click here for all of the details of
this annual Shorthorn gathering that happens
both Friday and Saturday.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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