|
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 $9.88 per bushel- based on
delivery to the Northern AG elevator in Yukon last
Thursday. 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.
| |
Oklahoma's
Latest Farm and Ranch News
Your
Update from Ron Hays of RON
Tuesday, September 17,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
| |
Featured Story:
The
U.S. corn crop marched toward maturity without
further drought damage according to the U.S.
Department of Agriculture reported today. With 53
percent of the crop in good or excellent
condition, 22 percent of the crop had reached full
maturity and 81 percent reached the dent stage by
September 15.
"While many growers have
noticed the impact of late-season drought on their
crops, official reports continue to forecast a
crop that, while lagging in progress, is not
declining in quality at this point," said National
Corn Growers Association President Pam
Johnson. "The drought monitors show
conditions have reached the severe stage in
several key corn-growing areas of the upper
Midwest, thus we realize that the impact of
weather conditions throughout the season cannot
yet be fully assessed."
Corn maturity
continues to lag following a late, cool planting
season with corn at full maturity currently 19
points behind the five-year average of 41 percent
at this time. Likewise, only four percent of the
total U.S. corn crop had been harvested by Sept.
15, six points behind the five-year average. While
many areas of the country have not yet begun
harvesting corn, Texas and North Carolina made
significant progress with 61 and 53 percent of
corn acreage harvested respectively, nearing the
five-year average for those states.
You can
read more of this story and find a link to
the full USDA Crop Progress report by clicking here.
|
Sponsor
Spotlight
Whether
you live in Oklahoma, southeastern Kansas,
northwestern Arkansas, or southwestern Missouri,
the next time you need one truck or a whole
fleet, give Chris Nikel Chrysler Jeep
Dodge Ram in Broken Arrow a shot at
earning your business. Fleet Manager Mark Jewell
and his dedicated staff of six have more than 100
work trucks on the ground already customized or
ready to be upfitted to your specifications. Check out the Chris Nikel Chrysler
Jeep Dodge Ram website by clicking here. We're
delighted to have the Chris Nikel staff as
sponsors of our daily email.
We
are also very proud to have P & K
Equipment as one of the regular sponsors
of our daily email update. P & K is Oklahoma's
largest John Deere dealer with ten locations to
serve you. In addition to the Oklahoma
stores, P&K proudly operates nine stores in
Iowa. A total of nineteen locations means
additional resources and inventory, and better
service for you, the customers! Click here to visit the P&K
website, to find the location nearest you, and
to check out the many products they offer the farm
and ranch community.
|
Crop
Progress Lagging Behind Same Time Last Year in
Oklahoma and Kansas
Corn
and sorghum harvest was underway in Oklahoma, but
behind normal progress. Virtually all corn was in
the dent stage and 80 percent of the crop was
mature by Sunday. Corn harvest was 28 percent
complete, 18 points behind the five-year
average. Seventy-five percent of the corn
crop was listed in good to excellent
condition.
Seven
percent of wheat was planted by the end of the
week. Many farmers are waiting for moisture before
beginning fall planting. (Click here for the full Oklahoma
Crop Weather report.)
In
Kansas, corn dented was 89 percent,
behind 98 last year b 95 average. Thirty-three
percent of the crop was mature, well behind 84
last year and 61 average. Corn harvested was 8
percent complete, well behind 50 last year, and 24
average. Corn condition rated 14 percent very
poor, 19 poor, 28 fair, 31 good, and 8
excellent. (Click here to read the Kansas
Crop Progress and Condition report.)
Hot
and dry conditions continued across
much of the Texas last week, with
most areas receiving less than one quarter inch of
rainfall. Peanuts
continued to mature in South Texas. Producers in
the Blacklands harvested cotton, soybeans,
sorghum, and sunflowers. (The full Texas
report is available by clicking here.)
|
Nutrition
Reform and Work Opportunity Act of 2013 Ready to
Roll
The
House is expected to consider H.R. 3102, the
Nutrition Reform and Work Opportunity Act of 2013
later this week. The measure would cut 40-billion
dollars from nutrition programs over 10 years.
The
House Rules Committee will consider a rule for the
measure on Wednesday afternoon- setting the stage
for perhaps a Thursday debate of the
measure. Essentially, this is the House Ag
Committee's Nutrition Title- and added to it to
double the savings from $20 billion to $40 billion
are work requirements for able bodied adults that
have to be met to continue to receive SNAP
benefits. Click here for the full text of
HR 3102.
According
to House Ag Committee Ranking Member
Collin Peterson, the measure will
only make it harder to get a new farm bill passed
this Congress. Instead of appointing farm bill
conferees, Peterson says the Republican Leadership
has chosen to move forward with an unnecessary and
divisive nutrition bill. He believes the bill
should be defeated.
But
even if it is - Peterson's concern is that the
debate will eliminate any remaining goodwill
needed to pass the farm bill. Peterson says the
House and Senate Agriculture Committees could work
together and provide farmers, ranchers and
consumers the certainty of a five-year farm bill
if the House Majority would get out of their
way.
Click here for the statement
released by the ranking member of the House Ag
Committee- Collin Peterson.
|
Feeder
Markets Continue Adjusting to Big Corn
Crop
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow-Calf Newsletter:
Cash corn prices in the Texas Panhandle
have decreased $2.00/bushel since July. While
there is still some uncertainty about how big the
new corn crop will be and just how low corn prices
might go, there is no doubt that significantly
lower corn prices will have a big impact on feeder
price levels and feeder price relationships.
Overall feeder cattle price levels have risen
sharply with prices for most weights of feeder
cattle up about $25/cwt., a bit more for the
lightweight calves.
From a stocker
perspective, the potential value of gain depends
on the overall feeder price level as well as the
price spread or rollback between the purchase
price of the stockers and the selling price of the
feeders. The impact of feeder price level is well
illustrated by comparing value of gain now with
the feeder lows in May. Using combined auction
data for the week of May 24, 2013, the price of
524 pound steers was $150.97/cwt. and the price of
823 pounds steers was $127.21/cwt. This represents
a $23.76/cwt rollback between the beginning and
ending price and results in a value of gain of
$0.85/pound for 299 pounds of gain. Last week, the
Oklahoma combined auction price for a 522 pound
steer was $173.52/cwt. and the price of an 818
pound steer was $151.76/cwt. This is a $21.76/cwt.
price rollback and results in a value of gain of
$1.14/pound for 296 pounds of gain. Thus, roughly
the same price rollback results in a significantly
higher value of gain because of the higher selling
price.
You
can read more from Derrell Peel by clicking here.
|
American
Farm Bureau Federation Disappointed In Chesapeake
Bay Court Ruling
The
American Farm Bureau Federation released the
following statement:
"The American
Farm Bureau Federation is deeply disappointed with
the district court's ruling upholding the
Environmental Protection Agency's total maximum
daily load for the Chesapeake Bay. We believe the
ruling is incorrect and has huge implications for
farmers and many others in the Bay area and
nationwide.
"Win or lose
in this lawsuit, farmers care deeply about our
natural environment and want to do our part to
improve water quality. But Congress did not
authorize EPA to dictate how farmers, builders,
homeowners, and towns would share the
responsibility of achieving clean water. That is
the states' job. We believe EPA's approach wrongly
puts federal agency staff in charge of intensely
local land use
decisions.
"AFBF and our
allies in this case are reviewing the decision and
evaluating next steps."
|
Fair-Favorite
OCA Ribeye Sandwiches Make Reappearance at Tulsa
State Fair
The
Oklahoma Cattlemen's Association will be serving
ribeye steak sandwiches at the Tulsa State Fair
again this year. The infamous Oklahoma Cattlemen's
Association ribeye steak sandwich was voted
favorite fair food at the 2012 Tulsa State Fair.
"I always look forward to working in the
beef tent and hearing customers say that they have
been looking forward to a ribeye steak sandwich
since last year's fair," said Rowdy
Fewell of the Muskogee County Cattlemen's
Association.
In
addition to feeding hungry fair goers, the OCA
Beef Tent is a great marketing opportunity for
beef.
"We reach folks at the fair that we
may never reach in any other marketing venues,"
said Fewell. "Priced at $6, our signature sandwich
is a bargain. Besides that, it is a healthy meal
packed with zinc, iron and protein."
Click here for more.
|
Congressman
Mullin Supports New Water Infrastructure
Legislation
Congressman
Markwayne Mullin (OK-2) today
announced his support of new water infrastructure
legislation that creates jobs, cuts federal
regulations, produces greater efficiency and
transparency, and renews investment in Oklahoma's
waterways as well as those across the
nation.
"Oklahoma plays a significant role
in our nation's water transportation system," said
Mullin. "With one of the largest in-land ports in
the U.S. at the Port of Catoosa, we serve as a key
job creator and as an integral part in the success
of the system as a whole."
Earlier, House
Transportation and Infrastructure Committee
Chairman Bill Shuster introduced
H.R. 3080, the Water Resources Reform and
Development Act of 2013 (WRRDA). As a member of
the committee, Congressman Mullin has worked
alongside Shuster and fellow members in developing
legislation that addresses critical water
infrastructure needs by greatly involving the
private sector.
You can read the rest of
the story by clicking here.
|
|
God Bless!
You can reach us at the following:
phone: 405-473-6144
| | |