Support Our Sponsors!
|
Canola
Seed |
|
|
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!
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 $10.42 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.
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
Tuesday,
March 5,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
--
US Fish and Wildlife Service Agrees to 60
Day Extension for Comments on Lesser Prairie
Chicken Status (Jump to
Story)
-- National Wheat Foundation Celebrates
Year of Growth Following Restructure ( Jump to Story)
-- OSU Animal Ag Advocacy Group Receives
Positive Response from its 'Surviving Without Ag?'
Display ( Jump to Story)
-- ICYMI- Oklahoma Secretary of Ag Jim
Reese on Our In the Field Segment This Past
Saturday- Touting Ag as Wealth
Creator
-- USDA Chief Economist Says Crop
Production Up, Prices Down ( Jump to Story)
-- This N That- Big Iron Wednesday, Wheat
Commission Meeting Thursday and Latest Crop
Weather Updates Out Now ( Jump to
Story)
| |
Featured Story:
US
Fish and Wildlife Service Agrees to 60 Day
Extension for Comments on Lesser Prairie Chicken
Status
U.S.
Sen. Jim Inhofe (R-Okla.), senior
member of Senate Environment and Public Works
Committee (EPW), applauds U.S. Fish and Wildlife
Service's (FWS) decision to grant a 60-day
extension on the comment period to list the lesser
prairie chicken as a threatened species upon the
submission of a range-wide conservation
plan.
"The Fish and Wildlife Service and
Director Dan Ashe have remained attentive and
engaged as my colleagues and I have worked with
them to find a balance on preserving the lesser
prairie chicken population without harming local
economic growth," said Inhofe. "I appreciate
Director Ashe's quick response to our letter and
for agreeing to our request for an extension on
the public comment period. As Ashe has recognized,
Oklahomans have led the volunteer efforts towards
achieving a not-warranted status for the lesser
prairie chicken. With this new extension, I
encourage affected businesses, farmers, and
ranchers to comment on the positive outcomes of
their conservation work so that a listing is not
warranted.
Inhofe, along with all of the
other Senators from Oklahoma, Kansas and Texas
wrote a joint letter to Ashe back in February
asking for more time for the people to comment- We
have links to the letter sent to Ashe and the
letter received by Senator Inhofe from the
Director- click here to check out the rest
of the story and to see those letters.
|
Sponsor
Spotlight
We
are also excited to have as one of our sponsors
for the daily email Producers Cooperative
Oil Mill, with 64 years of progress
through producer ownership. Call Brandon Winters
at 405-232-7555 for more information on the
oilseed crops they handle, including sunflowers
and canola- and remember they post closing market
prices for canola and sunflowers on
the PCOM website- go there by clicking
here.
We
are proud to have KIS
Futures as
a regular sponsor of our daily email update. KIS
Futures provides Oklahoma Farmers & Ranchers
with futures & options hedging services in the
livestock and grain markets- Click here for the free market quote
page they
provide us for our website or call them at
1-800-256-2555- and their iPhone App, which
provides all electronic futures quotes is
available at the App Store- click here for the KIS
Futures App for your iPhone.
|
National
Wheat Foundation Celebrates Year of Growth
Following
Restructure
Leaders
of the National Wheat Foundation met this past
Saturday at the Commodity Classic to review the
last year's progress and plan the continued growth
of the organization's fundraising and programming.
NWF was formally restructured at the 2012
Classic, making what has historically been known
as the National Association of Wheat Growers
(NAWG) Foundation a membership organization with
NAWG as the sole member and reducing the size of
the board of directors to nine from 21.
"We are very pleased with what we've been
able to do in the last year, and we know there's
much more to do in the years to come," said
Jimmie Musick, a past president
of the Oklahoma Wheat Growers Association from
Sentinel, Oklahoma and NWF
chairman.
"We are very dedicated to
making this foundation something that serves the
whole wheat industry, especially wheat farmers and
their family businesses, in a wide variety of
ways."
The
board of directors has focused on getting the word
out about the Foundation; fundraising to allow the
foundation to do more work; developing new
programming where logical partnerships exist; and
planning to address the physical state of the
Foundation's chief asset, the Wheat Growers
Building on Capitol Hill in Washington, D.C.
Click here to read
more.
|
Cattle
and Beef Markets Find Some
Footing
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow-Calf
Newsletter:
Cattle and beef markets
weakened throughout January and February as a
combination of weak demand and looming drought
weighed heavily on feeder, fed and boxed beef
markets. Beef demand has no doubt been negatively
impacted by a series of storms, dating back to
Hurricane Sandy, which impacted population centers
in the northeast. Choice boxed beef dropped from
roughly $194/cwt. in early January to a late
February low of $182/cwt. Fed cattle likewise
dropped from $128/cwt. at the beginning of the
year to a recent low under $122/cwt. Oklahoma
prices for both stocker calves and heavy feeder
cattle dropped through February as well.
However, market conditions appear to be
improving in several different areas. Low boxed
beef prices finally spurred sales and combined
with recent slaughter reductions and decreasing
carcass weights to push Choice boxed beef prices
up to $188 by Friday, up over $5/cwt. from the
previous Friday. Fed cattle prices also jumped
last week buoyed by stronger boxed beef prices and
winter storms that disrupted cattle shipments and
caused production losses and increased death loss
in central and southern plains feedlots.
You
can read more of Derrell Peel's analysis by clicking
here.
|
OSU
Animal Ag Advocacy Group Receives Positive
Response from its 'Surviving Without Ag?'
Display
The
FARM Theory hosted their "Surviving Without Ag?"
event on Feb. 28 and March 1 at Oklahoma State
University. The new agriculture advocacy group
held the event to educate students, faculty and
staff on the impact agriculture has on everyday
life. One of the group's founders, Megan
Bryant, spoke with Sam Knipp of the
Oklahoma Farm Bureau about the significance of the
event.
"We're here to inform people
that agricultural products are a part of your
everyday life, or animal agriculture products are,
whether you're eating them as a meat source or if
you're doing your laundry or if you're driving a
vehicle. Animal byproducts are a part of the
things we use every day and a lot of times we
don't even realize it."
The demonstration
took place just north of the Classroom Building
near the library lawn. The FARM Theory group was
set up near a group from PETA, People for the
Ethical Treatment of Animals.
Bryant said
her message was being well-received on campus and
they are considering expansion to other
colleges.
You
can read more or listen to the audio version of
this story by clicking
here.
|
ICYMI-
Oklahoma Secretary of Ag Jim Reese on Our In the
Field Segment This Past Saturday- Touting Ag as
Wealth Creator
Rain
and snow in the last two weeks have been a
blessing for Oklahoma farmers and ranchers says
Oklahoma Secretary of Agriculture Jim
Reese. He says the states ponds and lakes
could certainly use more, but the weather patterns
seem to be changing for the better. He joined me
on the latest "In the Field" report on News
9.
Reese said another positive factor for
Oklahoma producers is the inclusion of the
agriculture sector as a wealth creator in a recent
study on Oklahoma's economy carried out by the
state's Secretary of Commerce Dave
Lopez.
"We all know, those of us in
agriculture, know that we're the second largest
industry in the state of Oklahoma, with oil and
gas probably having more of an economic impact.
But agriculture is second. Some people look at it
as kind of a static industry and this study looked
at every job code, every job in the state of
Oklahoma, and look at all aspects of it, about 50
different data codes and determined that
agriculture is one of the top five
industries-agriculture and biosciences--to change
and improve the wealth of the state of Oklahoma
and Oklahomans."
Click here for a chance to see
the video visit that we had with State Secretary
Jim Reese.
|
USDA
Chief Economist Says Crop Production Up, Prices
Down
USDA's
chief economist says U.S. crop production should
increase in 2013 and that could lead to lower
prices for farmers.
U.S. Department of
Agriculture Chief Economist Joe Glauber told the
annual Agricultural Outlook Forum held near
Washington, D.C., that record production of some
crops is a possibility this year.
" We're
expecting record crops for corn and soybeans this
year, again dramatic improvement particularly for
corn. Remember last year between our May estimate,
our May projections and what we ended up with at
the end of the year we lost four billion bushels.
We're expecting to rebound on that, up about that
amount this year. We've seen the eastern Corn Belt
look a lot better than what we saw just four or
five months ago as a percent of total area in
drought, we've seen some improvement, five to ten
percent improvement over the last couple of
months," Glauber said.
Click here for
more.
|
This
N That- Big Iron Wednesday, Wheat Commission
Meeting Thursday and Latest Crop Weather Updates
Out Now
It
looks like a big auction on Big
Iron this week- and the list of
agricultural stuff is long and varied- including a
lot of clean Alfalfa Hay from Nebraska- about 7
tons worth. There's also tractors, hay
balers, grain drills (including a Great Plains
unit located in Harper, Ks), combines and
more. To check out the list of items that
will start closing Wednesday morning at 10
AM central time- click here for the Big Iron
website. It's easy to bid and buy on Big
Iron- and on their website, you can also learn
more about how you can consign your items as well.
**********
Thursday-
the regular monthly Board Meeting of the
Oklahoma Wheat Commission is set
for the board room at the Oklahoma Department of
Agriculture- we have their full agenda on our Calendar pages on our website
OklahomaFarmReport.com.
We
note that the Commissioners will be hearing from
film producer Conrad Weaver from
the Great American Wheat Harvest- who will be
telling them about his project of following wheat
harvest from the south to the north this year- he
apparently is looking for some sponsorship bucks-
as a listed agenda item is a $5,000 sponsorship
for this project. Click here for the calendar
listing that we have for the meeting- which
includes the latest agenda for the meeting.
**********
While
the National Crop Progress updates won't start
until April first- the Oklahoma, Kansas
and Texas Crop Weather updates are now up
and running on a weekly basis.
The
key items include the wheat and canola crop
conditions in Oklahoma (and wheat in Kansas and
Texas as well as the Pasture and Range conditions
for all three states.
Wheat
crop conditions have improved a bit- with Oklahoma
now rated 47% poor to very poor, 37% fair and 15%
good- Texas at 45% poor to very poor, 37% fair and
17 rated in good condition and finally Kansas- 35%
poor to very poor, 41% fair and 23% good.
Click here for Oklahoma's latest
crop weather update.
Click here for the Kansas crop
weather update.
Click here for the Texas crop
weather update. |
|
God Bless!
You can reach us at the following:
phone: 405-473-6144
| | |