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
on RON Markets as heard on K101
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
Grain Prices- as reported by the
Oklahoma Dept. of Agriculture.
price for canola was $10.57 per bushel- based
on delivery to the Northern AG elevator in Yukon Friday.
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.
Daily Market Wrapup from the Radio
Oklahoma Network with Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
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.
National Daily Feeder & Stocker
Cattle Summary- as prepared by USDA.
National Daily Slaughter Cattle
Summary- as prepared by the USDA.
here is the Daily Volume and Price Summary from
the Texas Cattle Feeders Association.
Latest Farm and Ranch News
Update from Ron Hays of RON
Double Dose of Chairman Frank Lucas- Golden Plow
Award and Talking Farm Policy
Chairman of the US House Agriculture
Committee, Frank Lucas, received
American Farm Bureau's Golden Plow Award on Monday
evening, during Oklahoma Farm Bureau's annual
leadership conference at the Skirvin Hotel,
The Golden Plow award is
presented annually to one member of the U.S.
Senate and one member of the U.S. House of
Representatives who have demonstrated strong
support for Farm Bureau and agricultural
President of the American Farm Bureau, Bob
OKC to hand out the honors to Lucas, who is
serving his third
here in 2013 as Chairman of the House Ag
Committee. Click here for our story on our website which features the
comments of the Chairman that he
offered to the OFB Leadership Conference banquet
after being presented with the award. (and we have
also posted the comments on our APP- available to
be downloaded onto your smartphone!)
the evening got underway- we spent a few minutes
talking farm policy with the Chairman. is
not too worried about the Senate Democratic
proposal that would eliminate direct farm program
payments for the next decade in order to help pay
for one year of Sequestration. Oklahoma
Congressman Frank Lucas points out in an exclusive
interview with us that the plan advanced by Nevada
Senator Harry Reid includes billions of dollars in
tax hikes- and that the Republicans in the House
have already rejected any sequestration
alternative that includes raising more revenue-
reminding us that the GOP stance is that
Washington has a spending problem- not a revenue
also talked about the farm bill extension and
signup starting TODAY for the DCP and ACRE
programs- and we talked about prospects for
getting a new five year farm bill in place yet
this year. Click here to read more
and to listen to our exclusive conversation with
the third district Congressman from the state of
is great to have as a regular sponsor on our daily
email Johnston Enterprises-
proud to be serving agriculture across Oklahoma
and around the world since 1893. Service was the
foundation upon which W. B. Johnston established
the company. And through five generations of the
Johnston family, that enduring service has
maintained the growth and stability of Oklahoma's
largest and oldest independent grain and seed
dealer. Click here for their website,
where you can learn more about their seed and
are pleased to have American Farmers
& Ranchers Mutual Insurance
Company as a regular sponsor of our
daily update. On both the state and national
levels, full-time staff members serve as a
"watchdog" for family agriculture producers,
mutual insurance company members and life company
members. Click here to go to their AFR
website to learn more about their
efforts to serve rural
Announces 45th General Sign-Up for the
Secretary Tom Vilsack announced
at the National Pheasant Fest and Quail Classic
that the U.S. Department of Agriculture (USDA)
will conduct a four-week general sign-up for the
Conservation Reserve Program (CRP), beginning May
20 and ending on June 14.
1980s, the CRP program has established itself as a
benchmark in voluntary conservation efforts,
providing American producers with assets to
address our most critical resource issues," said
Vilsack. "Last year, during one of the worst
droughts in generations, the CRP proved vital in
protecting our most environmentally sensitive
lands from erosion. Emergency haying and grazing
on CRP lands also supplied critical feed and
forage for livestock producers due to the drought.
And the program continues to bring substantial
returns to rural areas, attracting recreation and
tourism dollars into local economies while
sustaining natural and wildlife habitat for future
Additional sign-ups for
continuous CRP programs-such as Highly Erodible
Land Initiative and Initiative to Restore
Grasslands, Wetlands and Wildlife-will be
announced in spring 2013.
Click here for more.
one-year extension of the 2008 farm law that was
approved by Congress on New Year's Day includes
funds this fiscal year for the FMD and MAP
programs. After that, all bets are off. That
concerns Phil Seng, the president
and CEO of the U.S. Meat Export Federation
because, among other things, those funds help
promote U.S. beef and pork overseas.
the meat industry's standpoint, we've always
received about ten percent of those funds which is
a large sum, actually. Not enough, but it's a
large sum. And this has been couple with checkoff
dollars. This has really been instrumental in how
we've been successful in a lot of these
"When you take a look at Korea,
when you see, for example, six, seven years ago
there was less than single-digit acceptance of our
product and today it's over 50 percent. This is
where those dollars and all that work over the
years has really made a difference... These
dollars are the bedrock of what we do.
You can read more of this story by clicking here.
Likely to Adjust Quantity and Frequency of Beef
Consumption as Prices Rise, Peel
Peel writes in the latest OSU Extension
is understandably a lot of concern in the beef
industry about beef demand in the coming months.
The expected decrease in beef production in 2013
will likely represent a 3.3 percent decrease in
domestic per capita supplies. The decrease could
be even sharper in 2014 with consumers potentially
facing another 5 percent decrease in domestic per
capita beef supplies. The pressure for higher
wholesale and retail beef prices will continue to
grow at through 2014. The question often posed to
me is "will beef be priced so high that consumers
will quit buying beef?
I don't believe
there is much danger that consumer will entirely
quit eating beef. Beef includes many different
specific products and the question is more one of
how consumers will adjust the mix of products and
total expenditure on beef. One of the ongoing
concerns is the slow recovery of beef demand from
the 2009-2010 recession. Middle meat demand was
weakened the most as consumers switched from
steaks to hamburger and other value cuts. In that
process, a higher percent of total carcass value
was borne by the end meats, i.e. Chuck and Round
portions of the carcass. In 2011 and 2012, middle
meat values advanced along with end meat values,
thus maintaining the relatively large contribution
of end meats to total value. Though it has been
very slow, beef demand has recovered from the
recession. The All Fresh beef demand index
provided by the Livestock Marketing Information
Center (LMIC) shows significant recovery in the
index from the 2010 lows. The 2012 annual beef
demand index level is near levels not seen since
2008. The beef demand index for the fourth quarter
of 2012 posted a sharp jump to the highest levels
since the fourth quarter of 2007.
Click here for more from Derrell Peel.
Cropland Values Surge with Drought According to KC
Fed Ag Credit Survey
drought sparked a rush in irrigated farmland sales
during the fourth quarter of 2012, according to
the Federal Reserve Bank of Kansas City's
quarterly Survey of Agricultural Credit
Stronger sales vaulted
irrigated cropland values in the seven-state Tenth
District 30 percent above year-ago levels, with a
13 percent jump in the fourth quarter alone.
Farmers were the predominant buyers of farm real
estate and placed a premium on irrigated land due
to water scarcity stemming from drought.
Non-irrigated cropland and ranchland also posted
strong annual gains between 20 and 25 percent.
Farmland values rose with
stronger-than-expected farm incomes. High
pre-harvest crop prices lifted incomes, especially
for farmers on irrigated land, while crop
insurance payments compensated for yield losses on
non-irrigated land. A post-harvest decline in crop
prices and strengthening cattle and hog prices
improved livestock profitability as losses
Click here for more and a link to KC Fed survey.
in a Changing World- Smartphone Apps Help Us
Deliver You the Latest Information
Radio Oklahoma Ag Network and OklahomaFarmReport
are pleased to introduce our Smartphone
Apps that are now available for both the
Iphone platform as well as for Android.
App has six sections available to deliver farmers,
ranchers and those involved in agribusiness up to
date farm news, markets, audio and video reports.
Several of the top stories posted on the main
website for the Network will be also be available
on the App.
A variety of Audio will be
available, including a daily report of the top
farm and ranch news, along with the latest
markets. These updates will be a single
comprehensive farm news/markets update that will
run about eight minutes in length- and this daily
audio farm broadcast update will be available to
those who download the App on an exclusive
Click here to learn more-
and for the links to both Apple and Android to
download your free copy of the APP.
National FFA Week in Full Swing with Events and
FFA Week began Saturday throughout the U.S. and
includes activities and events at the national,
state and local level in all 50 U.S. states
throughout this week.
Each year, National
FFA Week gives the nearly 560,000 FFA members
throughout the country, Puerto Rico and the Virgin
Islands a chance to raise public awareness about
FFA and agricultural education and share the
importance of American agriculture in
Among the events from
across the country, Tractor Supply Co.
is conducting a Can-Do! Canned food drive contest.
FFA members are asked to collect canned food and
build a creative design with them, then post an
image on the National FFA Organization's Twitter
or Facebook accounts by 1 p.m. Thursday for
judging before donating their items to a local
You can read more of this story by clicking here.
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
You can reach us at the following: