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!
on RON Markets as heard on
with cash and futures reviewed- includes where the Cash
Cattle market stands, the latest Feeder Cattle Markets
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
here for the report posted yesterday afternoon
around 3:30 PM.
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
price for canola was $9.21 per bushel- based on
delivery to the Northern AG elevator in Yukon Wednesday.
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
Friday, April 18,
US Stock Market and the Futures Markets are closed
for Good Friday and Easter.
and oilseed ag futures will reopen Sunday evening
with electronic trading starting at 7 pm central
time, while livestock futures don't restart
trading until Monday morning at 9:05 am.
is a holiday that for the most part is not
observed by government- so it's likely you will
find those folks in the office.
Oklahoma Farm Report is happy to
have CROPLAN® as a sponsor of the daily
email. CROPLAN® by WinField combines the most
advanced genetics on the market with field-tested
Answer Plot® results to provide farmers with a
localized seed recommendation based on solid data.
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are also pleased to have American
Farmers & Ranchers Mutual Insurance
Company as a regular sponsor of our
daily update. On both the state and national
levels, full-time staff members serve as a
"watchdog" for family agriculture producers,
mutual insurance company members and life company
members. Click here to go to their AFR
website to learn more about their
efforts to serve rural America!
Asks: Is 'Negligible' Risk of FMD from Brazilian
Beef Satisfactory for
following article by Steve
Dittmer was published in the Agribusiness
Freedom Foundation Sentinel:
folks in the meat industry know that the USDA has
proposed allowing fresh beef in several forms from
a country where Foot and Mouth Disease (FMD) is
present in more states than it is under control --
But a careful examination of the
science associated with FMD and the research
available on the potential to spread it via fresh
meat flashes warning signs all over USDA's
proposal. The science shows that it is
theoretically possible to achieve a negligible
risk of fresh meat bringing FMD into the country
-- if a long list of practices, surveillances and
procedures are optimally achieved at both cattle
production and cattle slaughter levels. But there
are too many things that have to be done right and
too many things we don't know to be absolutely
certain without more research.
raises a separate question: is "negligible"
satisfactory for America's meat industry --
regarding one of the most contagious and easily
carried animal diseases on earth -- as a trade for
virtually no risk we have now?
Click here to read more of Steve
Economist Derrell Peel: Record-High Beef Prices
we continue to see record-high prices in the
cattle complex in 2014, Oklahoma State University
Livestock Market Economist Derrell
Peel says those prices are being affected
by seasonal variations and we should expect to see
them back off soon.
"There are indications
that most of the cattle markets have topped for
this spring-for different reasons. Boxed beef has
come down fairly sharply recently from the second
rollercoaster high this spring. That's squeezing
the packer side of things in terms of their
revenue side. Fed cattle prices haven't actually
come down very much, just a little bit. But it
does look like they've topped and I do expect them
to work lower as we move through the second half
of April and certainly into May and
He said the reason for that is the
seasonal increase in fed cattle sales and
slaughter increases from late May into June. That
increase in supply will pressure prices
A cold spring which is delaying
forage production and corn planting will also have
its impact on the markets, Peel says.
joins me on the latest Beef Buzz. Click here to go
to OSU's Kim Anderson, Volatility Rules the Wheat
his preview to this week's SUNUP program, Oklahoma
State University Extension Grain Marketing
Specialist Kim Anderson says there's one word to
describe current wheat markets:
"On February 3rd we had $6 on
that July contract. By March 20th it was up to
$7.94 1/2. On April 11th it was back down to $7.23
and then, of course, this week it peaked out again
at $7.80. So, you've just got a lot of volatility
from the drought, the freeze and what 's going on
in the Ukraine."
Anderson says that one
factor that could keep prices high for Oklahoma
wheat producers is the quality of wheat given the
weather stresses. Last year's crop was high in
protein which increased its demand and has kept
"If we have good protein
this year, it's going to assure us export demand.
The excess or high export demand will depend on
what the protein is around the rest of the world,
but protein never hurts."
Click here to listen to more from
Kim Anderson and to see this week's SUNUP
Should Pay Attention to What Consumers
habits established by children today will impact
beef demand tomorrow. That's why
John Patterson with the National
Cattlemen's Beef Association says it's so
important to please the parents of future beef
challenge is how do we get those Millennials to
buy beef, to enjoy beef and then, more
importantly, how do we get them to feed that to
their children so their children will buy
beef? We want to be in front of their
demand, not behind their demand."
talks about what today's beef consumers want and
why cattlemen should pay attention to that in the
latest video from Certified Angus Beef.
Please click here to watch..
Thoughts for 2014- There is HOPE!
hard to point to a lot of national figures that
really inspire you in this day and age- but one
that I admire a great deal is Rick
Warren, the Pastor of Saddleback Church
in southern California. My family and I have
been to his church a few times when we have been
in that area- and have heard him preach at least a
couple of times live- and have listened to him on
the web as have so many others.
has a hard thing that he is dealing with this
Easter- as right at one year ago- just a few days
after Easter 2013- his son took his own
life. In an article on the Huffington Post,
Warren talked about this dark cloud in his life
"The day Matthew gave in to despair was the worst
day of my life," Warren says. "During the past
year, I've often been asked, 'How have you made
it? How have you kept going in your pain?' and
I've often replied, 'The answer is Easter.'"
know many of you have faced your own "three days"
of emotions and hurt and pain over this past year-
saying goodbye to my dad here in 2014 has been
bittersweet- as I know that he is celebrating this
Easter on the other side of that line between this
world and the next- but yet you are reminded of
those you love so often as you travel on this side
of heaven- I had a bushel full of those about a
week ago as I traveled back to Kentucky to close
on the house that my folks called home the last
fifteen years of their lives. I had promised
my dad that I would be there when we closed on the
house- so promise kept- but driving the streets of
the little town I grew up in was full of those
reminders of both of my parents- as well as some
of the other mentors of the first twenty years of
all that said- knowing what those folks taught me
about how to live life- I am thankful that they
steered me right and grounded me in a faith that
is based on the Hope of Easter.
that said- here is Rick Warren's thoughts on
Easter here in 2014- enjoy them and I pray that
they are a blessing to you.
death, and the burial, and the resurrection of
Jesus happened over three days. Friday was the day
of suffering and pain and agony. Saturday was the
day of doubt and confusion and misery. But Easter,
that Sunday, was the day of hope and joy and
will face these three days over and over and over
in your lifetime. And when you do, you'll find
yourself asking, as I did, three fundamental
questions: Number one, what do I do in my days of
pain? Two, how do I get through my days of doubt
and confusion? Three, how do I get to the days of
joy and victory?
answer is Easter."
for allowing me to share this on this Good Friday-
I hope you and yours have a great Easter holiday
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