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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 Presented by Oklahoma 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.
We have a
new market feature on a daily basis- each afternoon we
are posting a recap of that day's markets as analyzed by
Justin Lewis of KIS Futures- and Jim
Apel reports on the next day's opening electronic
futures trade- click here for the
report posted yesterday afternoon around 5:30
PM.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices- as
reported by the Oklahoma Dept. of Agriculture.
Canola
Prices:
Cash
price for canola was $10.74 per bushel- based
on delivery to the Northern AG elevator in Yukon
yesterday. 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 Jim Apel and Tom Leffler-
analyzing the Futures Markets from the previous Day.
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, July 9,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
Can
you Say Political Football??? The 2013 Farm Bill
and House GOP Leadership
Jerry Hagstrom reports
from Washington that farm groups, key anti-hunger
groups and the Environmental Working Group all
agree it's a bad idea to split the farm bill into
two bills. Before the 4th of July holiday - a
coalition of more than 530 groups sent a letter to
House Speaker John Boehner urging
him to bring the farm bill back to the floor as
soon as possible and not to split it into two.
The National Sustainable Agriculture
Coalition has sent a letter to Boehner and
Minority Leader Nancy Pelosi with
the same message. According to Scott
Faber - an Environmental Working Group
Vice President - dividing and passing separate
bill won't make it any easier for the House and
Senate to reconcile competing bills and get a
final bill to the President.
Antihunger advocates have started
coming out against a split as well. They are led
by Robert Greenstein of the
Center for Budget and Policy Priorities - who says
if the House does split the farm bill into one
bill for farm programs and another for food stamps
- all anti-hunger, religious and civic groups
involved in fighting hunger should vote against
both bills. That's because Greenstein says the
multidecade history of bipartisan comprehensive
farm bills has achieved sounder policy and more
sustainable policy than taking the issues up
separately. Greenstein suggests separating out the
Supplemental Nutrition Assistance Program would
lead to bigger cuts and if the bill made it to
conference with the Senate and there was no
agreement on SNAP - he worries it sets the program
up for a ceaseless attack over time because it is
unauthorized.
But the question
remains - will this shared belief amongst a
variety of groups convince Congress to proceed
with a single bill. Hagstrom - of The Hagstrom
Report - says that may depend on whether farm and
nutrition advocates can persuade freshman and
sophomore members of Congress that aren't
primarily from rural areas to do so. He notes most
of the 62 Republicans who voted against the farm
bill's final passage were freshman and sophomore
members. One of those was Tea Party
favorite Jim Bridenstine- the only member of the
Oklahoma House delegation that voted against the
House Ag Committee's farm bill on the floor back
on June 20th.
Hagstrom has an excellent
overview of the games now being played inside the
Beltway with farm policy- and you can read it
online by clicking here.
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Sponsor
Spotlight
Midwest
Farm Shows is our longest running
sponsor of the daily farm and ranch email- and
they want to thank everyone for supporting and
attending this past spring's
Southern Plains Farm
Show in Oklahoma City. The
attention now turns to the Tulsa Farm
Show. The dates are December 12-14,
2013. Click here for the Tulsa Farm Show
website for more details about this
tremendous farm show at Tulsa's Expo
Center.
It 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 grain
businesses.
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Crop
Progress Numbers- Wheat Harvest Done (almost) and
Corn & Soybeans Looking REALLY
Good
Wheat
harvest is largely done across Oklahoma
at 94% complete while Kansas is close with 87%
done as of the end of the weekend- so says USDA in
the latest Crop Progress numbers released on
Monday afternoon. Oklahoma farmers harvested
a tenth of the total crop this past week, while
Kansas farmers were hard at it over the Fourth of
July with almost one third of the crop being
combined last week alone.
To
check on the rest of the crops as well as pasture
and range conditions across Oklahoma- click here for the latest
Oklahoma Crop Weather Update.
For
the Kansas Crop Weather Update- click here.
Nationally-
the numbers that really jumped out at me were the
condition ratings for corn and soybeans.
For corn, a year ago, the crop was struggling with
30% of the US Corn crop rated poor to very poor
and 40% in the good to excellent categories.
The latest numbers for July 7th released
yesterday have 68% of the crop rated in good
to excellent, while just 8% of the crop is in poor
to very poor condition. Soybean numbers are
similar- 67% good to excellent this year versus
40% one year ago.
Livestock
producers have to love the early July status of
both crops- as they seem to point to huge corn and
soybean crops- and pressure on especially corn
prices- which is a clear path to the opportunity
for cattle, hog and poultry folks to make a profit
in the latter days of 2013 and into 2014 as
well.
For
the national numbers, click here for the latest USDA
Crop Progress report.
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Beef
Exports Tick Higher- and the Reason is Japan
While
there was an expectation earlier in the year that
a change in the terms of trade with Japan (age of
cattle allowed) would result in increased
shipments there, the recent surge in exports has
been quite impressive. US beef exports to Japan in
May were 24,692 MT, 69% higher than the same
period a year ago. Japan is now firmly, once
again, the top market for US beef. In May, Japan
accounted for about 34% of total US beef exports.
May exports to Japan were about the same as the
monthly average in 2003, the last year prior to
the discovery of BSE. In that year, monthly export
volume did not peak until
November.
While
exports to Japan have recovered to pre-BSE levels,
exports to South Korea, which also used to be a
major market for US beef, remain more limited. In
May, US beef packers and exporters shipped 6,571
MT of beef to S. Korea, 33% less than a year ago
and only half of what was going to that market in
2003. Exports to other markets have been mixed. By
far the biggest loss has been the Russian market.
Exports to that market have dwindled to almost
zero compared to 6,849 MT that was shipped in May
2012.
We
have more on the US Beef and US Pork export story-
based on the latest monthly numbers which are the
May stats. Click here to learn
more.
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The
U.S. beef herd is likely getting smaller again in
2013 due to unexpectedly large beef cow slaughter
in the first half of the year. The 3.4 percent
year-to-date increase in beef cow slaughter masks
a more dramatic increase in beef cow culling since
mid-March. After decreasing nearly 9 percent in
the first ten weeks of the year, beef cow
slaughter has averaged over 12 percent above year
earlier levels for the last 15 weeks. The rate of
beef cow slaughter has slowed the last three
weeks, averaging only 2.3 percent above the same
period last year, with one week slightly lower
than last year. Although beef cow slaughter is
expected to drop below year earlier levels in the
second half of 2013, it would take a severe
decrease for the remainder of the year - certainly
averaging more than ten percent below last year -
to avoid net beef cow herd liquidation in
2013.
Although forage conditions are
better now in many locations, it is the residual
effects of drought the last two years combined
with the long and severe winter that forced more
herd culling so far this year. At the current
time, 51 percent of U.S. pastures and ranges are
in good or excellent condition, compared to only
25 percent at this time last year. By contrast,
this year 25 percent of pastures and ranges were
in poor or very poor condition, compared to 43
percent last year. The Drought Monitor indicates
that about 28 percent of the U.S. is in D2-D4
drought, slightly less than the 29 percent level
one year ago. However, 49 percent of the U.S.
currently has no drought at all, compared to 29
percent with no drought this time last
year.
We
have more of Derrell Peel's
weekly commentary on where our cattle market is
and where it is going- click here to jump to our website
to read more.
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Sorghum
Checkoff, USDA-ARS Team Up to Enhance Sorghum
Genetics
The
Sorghum Checkoff will fund a five-year, $1.21
million project with the USDA Agricultural
Research Service (ARS) station in Lubbock, Texas,
that will continue and expand research ARS has
conducted on sorghum cold and drought tolerance
and the identification of unique sorghum
genetics.
The project will seek to continue
drought and cold tolerance research, while also
working to develop and mark key genes in sorghum,
such as Tri-Seed. The effort will be led by
Lubbock USDA-ARS Laboratory Director, John Burke,
Ph. D.
"Dr. Burke and his team have become
leaders in public sorghum research, working
intimately with private industry and other public
institutions to release game changing genetics to
the sorghum industry," said Stewart Weaver,
Sorghum Checkoff chairman and sorghum grower from
Edmondson, Ark. "This is another great example of
how producer dollars are being used to enhance
sorghum genetics."
To
learn more about the Sorghum checkoff- click here for their
website.
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Fans
of the popular television program Oklahoma
Gardening now have access to video segments,
recipes and other gardening-related information on
the show's new smart-phone friendly
website.
Produced by Oklahoma State
University's Division of Agricultural Sciences and
Natural Resources (DASNR), the 30-minute weekly
Oklahoma Gardening show features timely, highly
visual stories that provide gardening enthusiasts
with information ranging from raised-bed gardening
and landscape design, to environmental stewardship
and ways to attract butterflies to the garden. The
show airs statewide on OETA channels at 11 a.m. on
Saturdays and at 3:30 p.m. on Sundays.
"We
created the mobile site with our viewers in mind,
who are often on the go or in the field," said
Oklahoma Gardening host Kim Toscano. "Anyone who
has browsed the web on their phone knows it can be
frustrating at times. But the new website format
makes it much easier to access information."
Learn
more about the new website- and the link to it- by
clicking here.
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LeeAnna
Covington has joined the Oklahoma Farm
Bureau public policy department as the director of
national affairs.
Covington
will work on national agricultural issues,
including the farm bill, immigration and estate
taxes. She will also be a constant presence at the
state Capitol focusing on agriculture and rural
issues important to OKFB members. Click here to learn a little more
about LeeAnna as she joins John
Collison's team on north Lincoln Avenue
at the State Headquarters for OFB.
**********
Week
in the Rockies XV continues today and the rest of
this week on RFD-TV on both Dish and DirecTV as
well as online- 204,000 head of cattle are being
offered this week by Superior Video
Livestock Auction- today- it's Feeder
Steers and Feeder Heifers that are being offered-
starting at 8:00 AM CENTRAL time (Superior Sunrise
is a half hour before that at 7:30 AM) Click here
to learn more about the offerings planned for each
day and how you can find the cattle that will fit
your operation during Superior's Week in the
Rockies event.
**********
We
have had our new daily High Noon show up and
running for a couple of weeks now- and if you are
in central-northcentral Oklahoma, we invite you to
check out Midday Oklahoma from
12:05 pm to 1:00 pm weekdays on KOAG AM at 1640 on
the upper end of the dial. We offer the
latest markets, including commentary about the
markets daily with Justin Lewis of KIS, farm news,
Ag Weather and a lot more. We are also posting the
daily show shortly after 1:00 PM as a Podcast on
our website- click here to check out
yesterday's show.
It
is also being posted on our APP- for your
listening convenience.
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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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