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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- click
here for the report 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
$9.21 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
Presented
by
Your
Update from Ron Hays of RON
Tuesday, November 26,
2013 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Final
2013 Crop Progress and Condition Reports Find
Region's Crops in Great
Shape
Multiple
fronts brought a cold and icy weekend to western
and southern Oklahoma. The southwest received the
most snow, with localized reports as high as 13
inches in parts of Harmon County. The central part
of the state received mostly sleet and freezing
rain on Sunday, while a significant rain fell
Thursday and Friday primarily in the
southeast. Operators were beginning to graze
cattle on small grains. Virtually all wheat had
emerged by Sunday, slightly ahead of the five-year
average. Seventy-seven percent of the crop
was listed in good or excellent condition
according to the last USDA Crop Progress report
for the year. The state's canola crop was
also in fine shape with 76 percent rated as good
or excellent. (Click here to read the full
Oklahoma report.)
Temperatures
dropped below normal throughout most of the Kansas
by the end of last week as a wintery mix of
precipitation swept across the region. The
state's winter wheat crop was rated as one percent
very poor, three percent poor, 33 percent fair, 56
percent good, and seven percent excellent.
(You'll find the full Kansas report by clicking here.)
Winter
wheat progressed well in the Texas Panhandle last
week, particularly in areas that had received
adequate moisture. Small grain seeding in
southeast Texas was slowed, however, by wet
weather. Forty percent of the state's wheat
crop was in fair condition last week, with 32
percent listed as good or excellent and 28 percent
in poor or very poor shape. (Click here to read the report
from Texas.)
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Sponsor
Spotlight
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Trends
Mean Changes to Oklahoma Pork Industry, Roy Lee
Lindsey Says
The
pork industry in Oklahoma is benefiting from a
number of trends currently changing the
marketplace. One of those is the recently-opened
public comment period on an EPA proposal to reduce
the number of gallons of ethanol required to be
blended into the nation's fuel supply is now open.
Predictably, the ethanol industry is against the
roll back in the Renewable Fuel Standard and
cattle producers are pleased with the proposal.
Roy Lee Lindsey of the Oklahoma
Pork Council spoke recently with me and says
Oklahoma pork producers will benefit if the
standard is indeed rolled back.
"One is we
believe it is going to have an impact on what we
pay for grain. We've said from day one that we
don't mind competing to buy grain, but we want to
compete on an even playing field. And when you
have a mandate that says you must produce so much
corn ethanol, you're not competing on an even
field to buy grain. So that's always been our big
hesitation, our big objection to what the RFS has
been."
Lindsey says he's seen some
economists' numbers which say that the reduction
in ethanol production would lead to a
ten-cent-per-bushel drop in the price of corn. He
said that would result in about three million
dollars per year in savings to Oklahoma pork
producers.
Roy
Lee talks about a number of other trends affecting
the industry including a change from finishing to
sow operations and the progress in converting from
gestation crates to open housing.
You
can catch our full conversation by clicking here.
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Derrell
Peel Says Cattle Markets Take a Holiday
Breather
Derrell
S. Peel, Oklahoma State University
Extension Livestock Marketing Specialist, writes
in the latest Cow-Calf Newsletter:
Feeder cattle markets, after an impressive
counter-seasonal run this fall, appear to be
taking a bit of a break before Thanksgiving.
Feeder markets are holding mostly steady with
slight gains still noted for lightweight stockers.
Some winter grazing demand continues in Oklahoma
but highly variable weather which includes cold
temperatures and wet conditions has made receiving
cattle and maintaining cattle health a challenge
the past week or so. The replacement heifer demand
that has been very impressive the past month seems
to be mostly done for now. I expect breeding
female demand to pick again next spring assuming
forage conditions look favorable at that time.
Fed cattle prices have dropped back
slightly from record levels but are holding close
in the $130-$131/cwt level. Choice boxed beef
prices dropped back $2-$3/cwt this past week to
the $199/cwt. level. I expect cattle and beef
markets to move mostly sideways for the remainder
of the year though boxed beef could rebound
slightly in early December. Continued decreases in
cattle slaughter and beef production through the
end of the year will help support prices near
current levels for fed and feeder
cattle.
Click here to read the rest of
Derrell's analysis.
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Mycotoxins
Found in Post Harvest Analysis of 2013 Corn
Crop
All
of the corn and corn silage samples submitted
during the 2013 harvest tested positive for
multiple mycotoxins according to a recent harvest
analysis conducted by Alltech, a global animal
health and nutrition company.
The Alltech
Harvest Analysis North America (HANA) survey
tested 101 samples from across the United States
and Canada and demonstrated the need for producers
to implement a mycotoxin management program to
monitor the effects of toxins on all species
throughout 2014. Despite more rainfall across the
Corn Belt and yields pushing record production,
farmers must consider quality rather than
quantity. Quality not only includes nutritive
value but also the presence and levels of
mycotoxins in this year's crop.
Samples
sent in from across the U.S. and Canada show that
corn silage yields and corn grain tested positive
for multiple mycotoxins (Figure 1).This follows
what is being observed in that a greater
percentage of feeds and feedstuffs are
contaminated with multiple mycotoxins. The
breakdowns for corn silage and corn (Figure 2 and
3) are almost identical in that Fumonisin is the
most prominent mycotoxin and is followed by
Fusaric Acid and Type B Trichothecenes.
Click here to read more of this
story.
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Mayer
Ranch Makes Lemonade out of Panhandle
Drought
"You
cannot starve a profit out of a cow, that's just a
fact," says Joe Mayer of Mayer
Ranch.
Common sense, perhaps, but the old
saying is harder to rise above in the midst of the
Panhandle drought. To do that, Mayer is always
looking for better ways. The Guymon, Oklahoma,
cattleman knows he must continually improve
management and herd genetics to thrive on the
35,000-acre Mayer Ranch.
"We've been in a
terrible drought. It doesn't matter. You have to
provide them an adequate diet every day to meet
their needs. It's just all about you're caretakers
of the land and you are responsible for that cow's
welfare. And, so, whatever it takes to do that,
that's what you do. Saturday, Sunday, Christmas
Day, it doesn't matter."
Mayer won the 2013
Certified Angus Beef commercial Commitment to
Excellence Award this year and accepted it at the
brand's annual conference in Palm Desert,
California, in September.
You can watch a
video version of this story or read more by clicking here.
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Farm
Bill Talks Continue as Big Four Hook Up on
Telephone
There was a conference
call that was held by the four leaders of the
House and Senate Ag Committees as they continue to
look for answers to how to break the logjam over
the remaining issues that separate them from
completion of the 2013 Farm Bill.
We first heard about the
conference call midday on Monday when we got the
audio of a quick interview that your friend
Mike Hergert of the North Dakota
based Red River Farm Network did with
Colin Peterson, top Democrat on
the House Ag Committee. He old Mike that the
Conference Call was called by Chairman
Frank Lucas who apparently had a
compromise idea or two that he wanted to lay out
on the table.
Peterson
also talked about the differences of opinion that
are in place over the Commodity Title- and he said
it was not a "north-south" issue but rather ideological. We share his thoughts
on our morning farm news for the Radio Oklahoma
Network- click here to hear what Peterson
said about these differences.
Later
yesterday afternoon- Eric Wasson
of The Hill.Com tweeted that the Big Four farm
leaders met via conference call but that no
progress was reported out of that session.
You can read more about these latest
developments on the Farm Bill by checking out the
Tuesday morning report from Keith
Good at the FarmPolicy.Com website- I
incorrectly called it AgPolicy yesterday. Click here for his post this
morning- he pulls together several sources to
offer an excellent overview as Keith always
does.
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COOL
Rule Now in Place After Six Month Implementation
Period
While
groups opposed to the law are still hoping
Congress will take action - new country of origin
rules have taken effect (as of this past Saturday-
November 23rd). Labels must now state where the
animal was born, raised and slaughtered. USDA and
supporters of COOL say this will provide clarity
to consumers who want to know more about the
origins of what they eat.
But
American Meat Institute Senior Vice President for
Public Affairs Janet Riley says
the rule is needlessly complex and confusing -
adding that there are contradictions in the law.
Ground beef labels only need to say the beef is a
product of whatever countries the processor might
have procured it from in the last 60 days, kidneys
and other organ meats, meat sold to restaurants
and processed meat are all exempt. Chicken
requires the label while turkey does not.
AMI
isn't the only group unhappy with the COOL rule.
Meat and food processors sent a letter to Congress
last month noting that Canada and Mexico are still
challenging the rule in trade court. If those
countries retaliate with tariffs on food products
made in the U.S. - the companies said it would
cost billions of dollars and kill jobs here. If
the World Trade Organization does rule in favor of
Canada and Mexico as many expect, Cargill's
Mike Martin says they could again
have to revise thousands of labels. USDA believes
the rule complies with international trade
laws. |
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God Bless!
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phone: 405-473-6144
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