From: Ron Hays [ron@oklahomafarmreport.ccsend.com] on behalf of Ron Hays [ronphays@cox.net]
Sent: Wednesday, November 28, 2012 5:21 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update


 
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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! 

 

Our Market Links are a service of Oklahoma Farm Bureau Insurance

 

Ok Farm Bureau Insurance  

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:  

Cash price for canola was $10.53 per bushel- based on delivery to the Northern AG elevator in Yukon Monday. The full listing of cash canola bids at country points in Oklahoma can now be found in the daily Oklahoma Cash Grain report- linked above.

 

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.

 

Oklahoma's Latest Farm and Ranch News
 
Your Update from Ron Hays of RON
   Wednesday, November 28, 2012
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
Featured Story:
usdafarmincomeUSDA Farm Income Forecast Confirms Producers' Resilience 

 

The USDA 2012 farm income forecast released by the Economic Research Service projects a net decline in overall farm income, but also shows an expected increase in the value of farm products and higher land values.

"Today's forecast is heartening," said Agriculture Secretary Tom Vilsack. "It confirms that American farmers and ranchers remained impressively resilient in 2012, even with tough odds due to one of the worst droughts in more than a generation. Thanks to its ability to remain competitive through thick and thin, U.S. agriculture is stronger today than at any time in our nation's history, supporting and creating good-paying American jobs for millions."

Net farm income is projected to drop almost $4 billion from its all-time high in 2011. Net cash income is expected to decline almost $2 billion. The value of agricultural sector production is expected to increase with gains anticipated for crops, livestock, and especially revenues from services and forestry sales. Larger gains are predicted for oil crops and other farm income.

"While down slightly from the August forecast, today's estimates for net farm income are the second-highest since the 1970s, while total farm household income is expected to rise. At the same time, the positive trend of falling debt ratios continue. The forecast suggests that strong farm income should remain a positive factor in carrying farmers and ranchers into the 2013 growing season," Vilsack said.

 

Click here for more on this story as well as a link to the full USDA ERS 2012 Farm Income report.    

 

 

Sponsor Spotlight

 

 

   

Midwest Farm Shows is our longest running sponsor of the daily farm and ranch email- and they are gearing up for the 2012 Tulsa Farm Show- the dates for 2012 are December 6 through the 8th.  Click here for the Tulsa Farm Show website for more details about this tremendous all indoor farm show at Expo Square in Tulsa, which is expanding into the lower level of the Quik Trip Center for this year's event, which will mean even more exhibitors to visit with in 2012.  Admission and parking are free- and we look forward to seeing you at the 19th Annual Tulsa Farm Show!

 

     

 

We are proud to have P & K Equipment as one of our regular sponsors of our daily email update. P & K is Oklahoma's largest John Deere Dealer, with ten locations to serve you.  P&K is also proud to announce the addition of 6 locations in Iowa, allowing access to additional resources and inventory to better serve our customers. Click here for the P&K website- to learn about the location nearest you and the many products they offer the farm and ranch community.  

 

   

 
 
globalirrigatedareaGlobal Irrigated Area at Record Levels, But Expansion Slowing 

 

In 2009, the most recent year for which global data are available from the United Nations Food and Agriculture Organization (FAO), 311 million hectares in the world was equipped for irrigation but only 84 percent of that area was actually being irrigated, according to new research conducted by the Worldwatch Institute. As of 2010, the countries with the largest irrigated areas were India (39 million hectares), China (19 million), and the United States (17 million), writes report author Judith Renner.

The irrigation sector claims about 70 percent of the freshwater withdrawals worldwide. Irrigation can offer crop yields that are two to four times greater than is possible with rainfed farming, and it currently provides 40 percent of the world's food from approximately 20 percent of all agricultural land.

Since the late 1970s, irrigation expansion has experienced a marked slowdown. The FAO attributes the decline in investment to the unsatisfactory performances of formal large canal systems, corruption in the construction process, and acknowledgement of the environmental impact of irrigation projects. 

 

Click here for more.

 

usdastudyshowsUSDA Study Shows Trends in Public and Private Agricultural R&D

 

Analysis published by the U.S. Department of Agriculture's (USDA) Economic Research Service (ERS) in the most recent issue of the journal Science examine the relationship between public and private investments in research and development (R&D) and their importance in agricultural input industries. The Science article is drawn from a recent ERS study that provides new details on the rapid growth and changing composition of private investments in global agricultural R&D and traces the implications for agriculture.

"Agriculture is more dependent on scientific innovation than any other industry," said Catherine Woteki, USDA's Chief Scientist and Under Secretary for Research, Education and Economics. "This study shows the great job that private industry is doing in research, much of which was built on the genetic technology USDA scientists have been working on for decades. It's crucial that we continue supporting this kind of R&D."

Research discussed in the article notes that globally, most of the increase in agricultural production over the past 50 years can largely be attributed to rising crop and livestock yields rather than to the expansion of acreage devoted to farming. As private sector investments comprise a greater and growing share of overall R&D spending, the findings from this study will help trace their influence on future productivity gains.

 

You can read more of this article by clicking here.

 

bovinerespiratorydiseaseBovine Respiratory Disease Requires Broad Response for Effective Treatment

 

Bovine Respiratory Disease is the most common and costly cattle disease. It takes a substantial toll each year on animal health and productivity. Learning the best management practices as winter approaches is crucial for maintaining profitability says Dr. Eric Moore, technical services manager with Merck Animal Health. A number of factors contribute to BRD, Moore says, and with parts of the country entering a third year of drought, the stress on calves is becoming extreme.

"We're in the second year of drought in most places and maybe even a third year. What that means to the producer is, essentially the stocker producer, number one, there is no wheat pasture. So, that's a big part of it. Number two is the calves that we do bring in were not only stressed nutritionally with the cow on the pasture, but they were stressed as fetuses in those cows also. So, from conception to when you get them, they've been nutritionally challenged. With that, what we see, is a higher susceptibility to BRD this time of year."

Moore says the dry conditions also result in more dust exposure for calves, making them more susceptible to BRD. The calves' system has to work harder to clear the dust and irritants from the lungs, adding more stress. He says a good vaccination program at this time is crucial. Just as humans don't wait until they have the flu to get vaccinated, Moore says a proper BRD vaccination program is most useful before an outbreak can take hold.

Eric Moore joins us for the latest Beef Buzz.  Click here to listen in.

 

 

rootdigdemonstratesRoot Dig Demonstrates Advantages of Drought-Tolerant Corn Hybrids

 

A root comparison study conducted this season at Monsanto's Gothenburg Water Utilization Learning Center in Gothenburg, Neb., provided a dramatic demonstration of just how important a deep, strong root structure is to help corn plants withstand drought conditions.

The research program evaluated the performance of a DEKALB® drought-tolerant corn product versus two competitor products - a Pioneer® Optimum® AQUAmax™ hybrid and a shallow-rooted product. A root dig conducted in mid-September showed that the DEKALB product had a significantly deeper, more evenly spread root structure than the other two products.

The result was healthier ears and a yield advantage for DEKALB of 12 bu./A versus Pioneer Optimum AQUAmax and 15 bu./A versus the shallow-rooted product.

Michael Petersen, former soil scientist with the U.S. Department of Agriculture, compared the DEKALB root structure to a thick, vertical carrot that extended down 85 inches. In comparison, he said   the Pioneer Optimum AQUAmax roots were primarily limited to 24 inches in depth and 20 inches for the shallow- rooted product.

You can click here to read more and to access a link to a video of the research study.

 

 

oklahomawheatsorghumOklahoma Wheat, Sorghum Associations to Hold Inaugural Joint Conference

 

The Oklahoma Wheat Growers Association and the Oklahoma Sorghum Association will hold an inaugural joint conference Dec. 8, 2012, at the Express Event Center in Oklahoma City, Okla. The free event will begin with registration at 8:00 a.m. followed by the conference program.

"We are excited to offer this unique line-up of speakers to sorghum and wheat growers from across the state of Oklahoma," said Oklahoma Sorghum Association Chairman Jordan Shearer, "and we hope producers and agribusiness alike will attend this inaugural event."

The conference, sponsored by DuPont Crop Protection and USDA-NASS, will include a keynote address from Larry Combest, former chair of the U.S. House Committee on Agriculture and associate at Combest Sell & Associates. Other speakers will cover featured topics like water, agriculture policy, agronomy and updates from the Oklahoma Farm Service Agency.

"This is a great opportunity for growers to hear the latest issues affecting our industries from both state and national perspectives," said Paul Fruendt, OWGA chairman. "It also gives growers an opportunity to come together and personally interact with these officials and other growers with common interests." 

 

Click here for more information on this upcoming conference.

 

SeedstockThis Saturday- Two Seedstock Opportunities for Cattle Producers are Happening in Southern Oklahoma

 

 

This coming Saturday, December first, the Durant Livestock Market  will host the 31st Annual Oklahoma Select Bull Sale and Super Bull Competition- with the sale staring at twelve noon.  Featured will be a great set of purebred Limousin bulls, as well as Lim-Flex and Percentage bulls as well. A total of 92 hand selected bulls are to be offered. Click here for their auction listing which includes a link to the catalog of the sale offering that can be seen in Durant.

 

Also on Saturday-  

The Oklahoma Hereford Association's Herefords in Native America Sale is scheduled for Saturday, December 1 at the Brooks Cattle Company Sale Facility in Marietta, Oklahoma.
The sale will begin at 12 noon, selling:

55 Registerd Herford Bulls, Fertility and Trich Tested, Ready for Service
3 Frozen Embryo Lots
6 Registered Hereford Female Losts
40 Commercial Bred Heifers

Click here for their auction listing on our website- which includes a link to their catalog that is found on the National Cattle Services website.  

Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, American Farmers & Ranchers, CROPLAN by Winfield, Oklahoma Cattlemen's 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- 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.

Click here to check out WWW.OklahomaFarmReport.Com 

 

 

God Bless! You can reach us at the following:  

 


phone: 405-473-6144
 

 


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