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
on RON Markets as heard on K101
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
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.
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
price for canola was $9.88 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.
Daily Market Wrapup from the Radio
Oklahoma Network with Jim Apel and Tom Leffler-
analyzing the Futures Markets from the previous Day.
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
Monday, September 16,
direct farm payments set to disappear from farm
policy, the next item in the crosshairs of those
in Congress appears to be crop insurance programs,
says Dr. Art Barnaby, professor
of agricultural economics at Kansas State
University. He was part of a panel discussing
Issues in risk management at the recent Ag Issues
Summit in Oklahoma City.
"That appears to
be the case for people who want no farm program,
no safety net at all. I think this is the last pot
of money to go after. The pot of money is
relatively small. Over the last 12 years the
average taxpayer cost has been a little over $4
billion and throw in another billion or so for the
delivery system, so we're talking a little over $5
billion a year. In Washington terms, those aren't
Barnaby says that those who
are attacking the crop insurance program are using
incorrect numbers to make the cost of the program
seem far larger than it actually is.
on in the 2012 year when the drought was on the
way in the Corn Belt there were a number of
sources floating around saying it was going to
cost the taxpayers $40 billion. That was an
impossible number from the get go and people
should have known better. But it got reported in
the press and, after awhile, nobody ever
challenges the number. Then, later, when it became
clear it wasn't going to be that much, then the
story in the press was that it was going to cost
taxpayers over $17 billion. Well, when you net out
all the numbers, it's closer to $12 billion and
then you put into perspective that's one time in
20 years. That's not every year. In fact, you have
years in the other direction where premiums exceed
claims and the government costs are very small in
Barnaby says there have been
calls for limits on premium subsidies for large
operations and implementing such a program would
can listen to my full conversation with Art
Barnaby by clicking here.
Farm Shows is our longest running
sponsor of the daily farm and ranch email- they
say thanks for your support of the springtime
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Show in Oklahoma City. And-
they are excited to remind you about the
Tulsa Farm Show. The
dates are December 12-14,
2013. Click here for the Tulsa Farm Show
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tremendous farm show at Tulsa's Expo Center. Now
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book space at the premiere Farm Show in Green
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Ron Bormaster at 507-437-7969.
great to have as a regular sponsor on our daily
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Cow Slaughter Falls to Levels Under One Year Ago-
Jim Robb of the
to Jim Robb with the Livestock
Market Information Center, U.S. beef cow slaughter
has recorded large year-on-year declines during
recent weeks, a trend that is expected to
continue. Even with forecast year-on-year declines
during the balance of this year, U.S. Federally
Inspected beef cow slaughter this year will be
below 2012's (down 125,000 to 200,000 head).
However, given the percentage of the January 1st
beef cow inventory as reported by USDA-NASS that
will be slaughtered this year, there is only a
small probability of the number of U.S. beef cows
growing year-on-year as of January 1,
the second quarter of this year (April through
June), U.S. beef cow slaughter was up 88,000 head
or 12% compared to a year ago, which was
surprising large given the drought-forced herd
liquidations that occurred in 2012. As the summer
quarter progressed this year, national pasture and
range conditions recorded significant year-on-year
improvement and beef cow slaughter levels have
dropped from 2012's
U.S. plants are Federally Inspected (FI), those
plants are required to report weekly slaughter
data, which is collected by USDA-FSIS and then
complied, checked, summarized, etc., by USDA-NASS.
In late June (week ending June 29th), FI beef cow
slaughter was 3% below the same week in 2012. That
was only the second year-on-year drop in the prior
16 weeks. Since late June, beef cow slaughter has
been below a year ago. Importantly, year-on-year
declines have become much more pronounced during
Robb joins me on the latest Beef Buzz. Click here to listen
Insurance Changes Imperil Oklahoma Producers'
Winter Wheat Options
a good year in Oklahoma as well as in parts of
Kansas and Texas, many wheat producers are able to
get a dual harvest. They can harvest forage in the
form of wheat pasture for calves during the winter
and either hay their wheat the following spring or
harvest it for
Detrick, president of American Farmers
and Ranchers, says that this system could soon
come to a screeching halt. He spoke recently with
Ron Hays and says Oklahoma has been notified it is
part of a six-state area targeted for changes in
crop insurance. He says that under the new program
to be put in place after the 2014 crop year,
producers will no longer be able to get insurance
through the FSA that will protect them for dual
The insurance which will be
available will solely be based on rainfall.
Detrick says the new program is deeply
"Originally, the intent of Congress
from the beginning on crop insurance including the
NAP programs was to have multi-peril-type
coverage. And this takes all coverages away except
dealing with rainfall."
You can read more
of this story or listen to my interview with Terry
Detrick by clicking here.
4-H Claims Top Honors at State Fair of Oklahoma
Livestock Judging Contest- Idabel Tops FFA
Livestock Judging Team that represented Alva 4-H
was the high scoring team at the 2013 State Fair
of Oklahoma Livestock Judging Contest- winning the
Senior 4-H Division in the competition that
Oklahoma Farm Bureau YF&R Committee hosted.
This contest was open to FFA and 4-H students
across the state- and here in 2013, close to eight
hundred youth participated.
4-H team bested the high scoring Senior FFA team
from Idabel by 11 points.
Junior FFA Division was won by Kingfisher2, while
the Junior 4-H high honors at the team level were
claimed by the team from Amber
High Individual for the day
was Kory Dietz from the Alva 4-H
Club, while Samantha Graves had
the high individual score in the FFA division,
three points behind Dietz. Dietz led all scorers
with a 462 tally, while Graves had 459.
have the listings of the top teams and individuals
on our website- and we have pictures of the top
teams and some of the top individuals- plus a
quick audio conversation with Mason
Bolay of the YF&R on why they host
the event- click here to check out the
listings, the pictures and that interview.
Announces Support for Producers of Advanced
Secretary Tom Vilsack announced
that the U.S. Department of Agriculture (USDA) is
making payments to support the production of
advanced biofuel. USDA is making nearly $15.5
million in payments to 188 producers through the
Advanced Biofuel Payment Program. USDA Rural
Development Acting Under Secretary Doug O'Brien
made the announcement on Vilsack's behalf in
Omaha, Neb., at the National Advanced Biofuels
Conference. USDA remains focused on carrying out
its mission, despite a time of significant budget
uncertainty. Today's announcement is one part of
the Department's efforts to strengthen the rural
"Producing advanced biofuels
is a major component of the drive to take control
of America's energy future by developing domestic,
renewable energy sources," O'Brien said. "These
payments represent the Obama Administration's
commitment to support an 'all-of-the-above' energy
The funding is being provided
through USDA's Advanced Biofuel Payment Program,
which was established in the 2008 Farm Bill. Under
this program, payments are made to eligible
producers based on the amount of advanced biofuels
produced from renewable biomass, other than corn
kernel starch. Examples of eligible feedstocks
include but are not limited to: crop residue;
animal, food and yard waste; vegetable oil; and
can read more or this story by clicking here.
and Coca-Cola Partner to Replenish One Billion
Liters of Water to Nature
Department of Agriculture (USDA) Secretary
Tom Vilsack and Coca-Cola
Americas President Steve
Cahillane announced a public-private
partnership to restore and protect damaged
watersheds on national lands. Together these
efforts aim to return more than a billion liters
of water to the National Forest System - which
provides drinking water to more than 60 million
Americans. The announcement was made at Midewin
Tallgrass Prairie in Illinois.
together, we can better protect our nation's
watersheds and further enhance restoration
efforts, even during challenging budget times,"
said Secretary Vilsack. "Today's partnership
between Federal, private and non-profit partners
is just one example of the strong collaboration
that allows government to continue providing
results for the American people.
new collaboration between government, business and
community organizations, including the National
Forest Foundation (NFF) and National Fish and
Wildlife Foundation (NFWF), which have also
contributed funding for these projects, will
leverage collective expertise to address
increasing challenges on water resources.
Additionally, federal dollars spent on these
projects have been matched two-to-one by
Coca-Cola, the National Fish and Wildlife
Foundation, and the National Forest
Click here for more.
N That- Rainfall Arrives- Planting Won't Be Far
Behind, Peel on Herd Expansion and Heart of
America Farm Show
totals are not uniform across the state since this
past Friday morning- but many locations have
received enough rain to have farmers in those
locales ready to run the grain drills for planting
of winter wheat and/or winter canola once the
fields dry out enough to handle the farm
the forecast shows more rain in the mix- even for
southwestern Oklahoma, which has gotten almost
nothing to this point since the high pressure
ridge has begun to break down and allow these
systems to get into the state.
have the latest weather maps for you to check out-
click here to take a look!
a roomful of cattle feeders, an Oklahoma State
University (OSU) livestock marketing specialist
had everyone's full attention as he said there is
no way around it: In the next two to three years,
the already short supply of feeder cattle will
only get tighter.
Professor Derrell Peel described
the current feeder cattle situation and the
circumstances leading to it at the eighth annual
Feeding Quality Forum in Omaha, Neb., and Garden
City, Kan., last month.
With a U.S.
cattle inventory at levels not seen since 1952,
"We're much smaller than we ever intended to be,"
Peel said. Drought and other circumstances led
producers to liquidate their cow herds 15 out of
the last 17 years, despite recent market signals
to expand. Peel expects that to
can read more from Derrell Peel by clicking here.
just wanted to give you a quick reminder of the
first ever Heart of America Farm Show that is
coming this next weekend- Friday through Sunday,
more details- click here for their website- we
will be doing a couple of seminars at the Show on
both Friday and Saturday- and have invited
Gant Mourer of OSU to join us for
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.
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