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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!
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- posted yesterday afternoon around 3:30
PM.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Canola
Prices:
Cash price for canola was
$9.13 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 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, October 22,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Fall
Planting Winding Down; Progress on Par with
Averages
With
fall planting winding down, 69 percent of
Oklahoma's wheat crop was rated in good to
excellent condition in the latest USDA Crop
Weather report. Canola conditions were also
rated mostly good. More than half of the
wheat, canola and rye crops had emerged by the end
of the week.
Wheat
planting was 84 percent complete by week's end and
61 percent of the crop had emerged.
As
of Sunday, 96 percent of the state's canola had
been planted and 81 percent had emerged.
That was nine points ahead of the same time last
year. (Click here for more of the
Oklahoma report.)
Producers
in the Texas Plains continued to seed wheat as
earlier seeded fields emerged. Sixty-nine
percent of the crop had been planted by week's
end, compared to 73 percent last year and an
average of 72 percent. The wheat crop's
condition was listed as 67 percent good or
excellent with 31 percent in fair or poor
shape. (Click here for the full Texas
report.)
According
to the USDA, 87 percent of the wheat crop in
Kansas has been planted. That's compared to
a five year average of 85 percent and last year's
pace of 90 percent. Sixty-three percent of
the wheat crop was listed in good or excellent
condition so far with 37 percent posted as fair or
poor. (The Kansas report is
available by clicking here.)
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Sponsor
Spotlight
Johnson
Enterprises has been proudly serving
agriculture across Oklahoma and around the world
since 1893. W.B. Johnston established the company
on a foundation of service and five generations of
the Johnson family have continued that legacy of
service. Johnston Enterprises is Oklahoma's
largest and oldest independent grain dealer. We're
proud of our long association with the Johnston
family. Click here for the Johnston
Enterprises website where you can learn more
about their seed and grain
business.
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.
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Corn,
Soybean Harvests Lagging Behind Five-Year
Averages
Corn
harvest progress continues to lag far behind the
five-year average according to a U.S. Department
of Agriculture report released today. With 39
percent of the crop harvest in the top 18 corn
producing states as of October 20, progress now
trails the five-year average by 14 points. The
previous report, released on September 30,
indicated only an 11 point gap at that
time.
"Planting
came late this year as farmers dealt with wet,
cool conditions and, accordingly, harvest will be
later than normal also," said National Corn
Growers Association President Martin
Barbre. "While some anecdotal evidence
points toward a more robust crop than some had
predicted in rural America, it is important to
note that these instances may not be
representative. Right now, we need favorable
conditions that will allow farmers to get the corn
out of the field and into the bins. Then, we will
be able to make an accurate assessment of how the
overall U.S. crop fared in 2013."
Sixty-three
percent of the nation's soybean crop had been
harvested by Oct. 20, compared with 79 percent one
year ago and a 69-percent five-year average.
Fifty-seven percent of the crop was in good or
excellent condition, with 39 percent listed as
poor or fair.
You
can read more of this story by clicking here. You'll find
the USDA Crop Progress report by clicking here.
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Winter
Stocker Opportunities in Today's Cattle
Market
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow-Calf
Newsletter:
Cattle and beef markets
have strengthened in October despite the
uncertainty of the past couple of weeks. Feeder
and fed cattle prices, along with boxed beef have
all advanced compared to pre-shutdown reports with
fed cattle showing the strongest relative
increase. By the end of this week many of the data
holes may be filled in with a clearer picture of
slaughter, carcass weights and beef production.
Feeder markets continue to offer high
value of gain for stocker production. Though the
high absolute price levels for stocker calves is
scary for buyers and their lenders, the
combination of high price levels and relatively
little price rollback means that the value of
putting weight on feeder cattle remains very high,
in fact, well above what I would expect to see
longer term. Last week, based on reported feeder
prices at the Joplin Regional Stockyards, a 476
pound, medium/large frame steer could be purchased
for $181.38.cwt. or $863.37/head. Or, a 567 pound
steer was priced at $172.68/cwt. or $979.10/head.
Notice that the additional 91 pounds of beginning
weight only cost $1.27/lb., an important
consideration as producers decide what weight to
begin the stocker enterprise.
Click here for more from Derrell
Peel.
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Animal
Agriculture Report Provides Stark Contrast to Pew
Commission Report on 'Industrial'
Farming
The
Animal Agriculture Alliance released a report
detailing the efforts and progress America's
livestock, poultry and egg producers have made
over more than a decade in ensuring animal
well-being, protecting the environment, using
antibiotics responsibly and producing the world's
safest food.
Titled "Advances in Animal
Agriculture; What the Center for a Livable Future,
Pew Commission and Others Aren't Telling You About
Food Production," the report will provide stark
contrast to a report from the Johns Hopkins
Bloomberg School of Public Health's Center for a
Livable Future, the organization that initiated
"Meatless Mondays." Its report, expected to be
released Oct. 22, is an update of a report issued
in 2008 by the Pew Commission on Industrial Farm
Animal Production that was highly critical of
modern food-animal production.
"Many
organizations--including the Pew Commission--have
long criticized the animal agriculture community
for not caring enough about their animals or
environment or prioritizing public health," said
Alliance President and CEO Kay Johnson
Smith. "While there's always more
progress to be made, the entire animal agriculture
community has worked hard and has achieved
results. Those results should be shared."
You
can read more of this story by clicking here.
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NACD
Supports Bill to Secure Private Water
Rights
National
Association of Conservation Districts (NACD)
President Earl Garber recently
sent a letter to House Committee on Natural
Resources Chairman Hastings, Ranking Member
DeFazio, Subcommittee on Water and Power Chairman
McClintock, and Ranking Member Napolitano in
support of the bipartisan Water Rights Protection
Act, H.R.
3189. H.R. 3189
would prevent federal agencies from requiring
public-lands users to turn over water rights as a
condition of issuing or renewing permits, thus
securing water rights for those that have paid for
them while providing stakeholders the stability
they need to appropriately plan for and manage
natural resources at the local
level. "Not only is
compelling individuals to relinquish water rights
for permits unfair to those who have paid to use
their water permits, the required waiver of water
rights to the federal government overlooks state
laws concerning water rights transfer and
ownership as well as Constitutional takings
issues," Garber said.
Click here to read
more.
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Playing
Catchup- USDA Issues Conservation Reserve Program
Rental, Direct and ACRE
Payments
Agriculture
Secretary Tom Vilsack announced
that USDA has begun distributing Conservation
Reserve Program (CRP) annual rental payments to
participants across the country. USDA also will
distribute 2013 direct payments and 2012 Average
Crop Revenue Election (ACRE) program payments
beginning this Thursday, October 24. Payments
originally were scheduled to be issued earlier in
the month, but were delayed by several weeks due
to the lapse in Federal funding.
Producers
will receive payments on almost 700,000 CRP
contracts on 390,000 farms covering 26.8 million
acres.
Direct
payments for 2013 for the DCP and ACRE programs
are being made to the more than 1.7 million farms
enrolled in the Farm Service Agency's programs.
Producers with base acres of certain commodities
are eligible for DCP payments. ACRE payments for
2012-crop barley, corn, grain sorghum, lentils,
oats, peanuts, dry peas, soybeans, and wheat are
scheduled to be released beginning Oct. 24 and
contingent upon national average market prices and
yields in each state.
Click here for more details- and
if you have questions- check with your local FSA
office.
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This
and That- Registration Deadline for Outlook
Conference, Cattle Recovered and Superior
Female Sale
Agribusiness
leaders interested in gaining insight into the
latest industry trends should plan to attend the
2013 Rural Economic Outlook Conference next
Friday, November first on Oklahoma State
University's Stillwater campus.
"We
are featuring a variety of timely issues, all of
them relevant to decision-makers in agricultural
businesses and government agencies across the
state," said Damona Doye, acting
agricultural economics department head at OSU.
"Everyone who attends will get a unique chance to
access up-to-date information and be challenged in
their thinking by experts."
The
registration fee before Oct. 25 is $50, and the
cost to register at the door is $70. The fee
includes a reception beginning at 5 p.m. Oct. 31
and a full slate of sessions the following day at
the ConocoPhillips OSU Alumni Center, Click Family
Alumni Hall.
You'll
find more information and a link for registration
on our website. Click here to go
there.
********** Chief
Jerry Flowers of the Oklahoma Dept. of
Agriculture, Food, and Forestry's law enforcement
section announced Monday that 22 head of cattle
reported missing in Garvin County have been
located. He said the Black Angus and Black Baldy
cattle being cared for by local rancher,
Rusty Halverson, are safe in
their pasture.
Click here for additional details
as released by ODAFF on Monday
afternoon.
**********
The
Superior Video Livestock Auction
folks have organized a special
replacement female video auction for this coming
Thursday- and response has been really good.
They have 10,000 head to sell- we're talking bred
heifers, bred cows, cow-calf pairs and replacement
heifers from all across the US.
You can click here and jump over to their
website to take a look at the catalog of
the ladies that have been consigned. You can
also call them at 1-800-422-2117 for details- the
sale time is a little later than their regular
sales- it is set for 9:00 AM Central time this
Thursday, October 24th on RFD-TV via DISH, DIRECTV
and online at SuperiorClickT0Bid.Com.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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