From: Ron Hays [ron@oklahomafarmreport.ccsend.com] on behalf of Ron Hays [ronphays@cox.net]
Sent: Tuesday, September 01, 2015 6:17 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update


 
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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:  
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 futuresclick 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 $5.04 per bushel- based on delivery to the Hillsdale elevator 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 Leslie Smith 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

Presented by


Okla Farm Bureau  

Your Update from Ron Hays of RON
   September 1, 2015
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
 
Featured Story:
RentalAcross the US- Landlords Collected $31 Billion in Rent Payments on Farm and Ranch Land in 2014 

On Monday, the USDA's Economic Research Service released the 2014 Tenure, Ownership, and Transition of Agricultural Land (TOTAL) Survey. The TOTAL Survey is a comprehensive study of all landlord owners of agricultural land, including non-farm operators of agricultural land. Survey data that has been tabulated includes information about farmers and ranchers who rent agricultural land to other farmers and ranchers, as well as landowners who rent out land for agricultural purposes but do not farm. The survey collected income, expense, debt, and asset information related to land ownership, transition plans, and demographic and other landlord characteristics.


According to USDA, there are 2.1 million landowners who rented out 353.8 million acres in 2014. Almost forty percent of all farmland that is farmed in the US is leased or rented.


In 2014, landlords received $31.2 billion in rent payments. Illinois leads the US in the dollar total of rents for farmland at $3.8 billion.


In Oklahoma- there were 52,784 landlord entities who rented out agricultural land in 2014- a total of 13.9 million acres of farm or ranchland was leased or rented in Oklahoma over this past calendar year. USDA says that the total rents received in Oklahoma totaled $439.4 million dollars.

You can read more by clicking here- in our web story, we have links to the Oklahoma summary as well as a national overview of this Census of Ag product.




Sponsor Spotlight
 
 
The presenting sponsor of our daily email is the Oklahoma Farm Bureau - a grassroots organization that has for its Mission Statement- Improving the Lives of Rural Oklahomans."  Farm Bureau, as the state's largest general farm organization, is active at the State Capitol fighting for the best interests of its members and working with other groups to make certain that the interests of rural Oklahoma are protected.  Click here for their website to learn more about the organization and how it can benefit you to be a part of Farm Bureau.
 
  
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.   
 
 



Outside macroeconomic forces have been pounding the oil market, the equities, and agricultural futures, and feeder and stocker cattle markets have gone along for the ride these last two weeks. Oklahoma State University Extension Livestock Marketing Specialist Derrell Peel said for the immediate future, cow-calf producers should not panic.


"We've had a heck of ride to getting up here, the party's not over," Peel said. "The party is changing a little bit and we have to be prepared over time, but for this year, this fall, even these current setbacks notwithstanding, I think we're going to see very strong prices. We're going to see the second highest cow-calf returns that we've ever seen. They won't beat last year's level."


As we near wheat pasture season here in the southern plains,  Peel says the math for buying calves at these lower prices looks pretty good. The big unknown, is where prices are headed.  Peel said it's a good time to buy now for anyone who can take those calves now and manage them now- until wheat pasture comes on in a few weeks. Peel thinks the price of calves will return higher later on this fall.  Click or tap here to listen to this Beef Buzz feature.

NationalCropCrop Maturity Slows with Cooler Weather but Warmer Forecast Could Impact Crop

The nation's crop conditions held nearly steady this past week, while crop maturity was slowed by cool weather across the Corn Belt. That's according to the latest crop progress report released Monday by the U.S. Department of Agriculture. With higher temperatures forecast this week, progress will likely make faster gains by the next report.


In the top 18 corn producing states in the nation, crop condition fell by one point. Overall the crop rated, 68 percent in good to excellent condition, 22 percent fair and ten percent poor to very poor. With 92 percent of corn acres in the doughing stage, 60 percent denting and nine percent mature.


The nation's soybean crop condition gained one point in the excellent category. In the top 18 soybean producing states in the nation, 63 percent of the crop was in good to excellent condition, 26 percent fair and 11 percent poor to very poor. With 93 percent of the crop setting pods and nine percent dropping leaves.


The nation's cotton crop rating was a mixed bag in gaining one point in the good category and two points in the very poor category since last week. In the 15 main cotton producing states, USDA reported 54 percent of the crop rated in good to excellent condition, 35 percent fair and 11 percent poor to very poor. USDA reported 94 percent of the crop was setting bolls and 22 percent of the crop had cotton bolls opening, behind the five year average of 27.


The nation's sorghum crop condition steady with last week's rating with 68 percent of the crop was rated in good to excellent condition, 25 percent fair and seven percent poor to very poor. With 95 percent of the crop headed, 58 percent of the crop coloring and 29 percent of the crop mature.

Click here for the full national crop progress report.

SouthernPlainsSouthern Plains Crops Holding Their Condition

Most Oklahoma crops held steady with last week, despite the month ending up slightly drier for much of state. The U.S. Department of Agriculture Monday reported the state's corn crop rated 64 percent good to excellent condition, unchanged from last week. With 85 percent in the dough stage, down 12 points from average. Soybeans rated 56 percent good to excellent, steady with last week. The state's cotton crop rated 67 percent good to excellent, down substantially from last week. Cotton bolls opening reached 12 percent.  Sorghum rated 79 percent good to excellent, unchanged over last week's rating. Sorghum mature reached 16 percent, on target with average. Click here for the full Oklahoma report.


Warm, dry weather aided corn and sorghum harvest in Texas. USDA reports 49 percent of the sorghum crop has been harvested. That remains behind last year's 64 and five-year average of 57. Corn harvest progressed to 50 percent complete. That's slightly behind last year and average. USDA reports 56 percent of the state's corn crop was in good to excellent condition. The state's soybean crop rated 37 percent in good to excellent condition. Cotton rated 45 percent good to excellent, up two points from last week. Cotton harvest has started with three percent of the crop baled. Pasture and range conditions rated 31 percent in good to excellent condition.  Click here for the full Texas report.


Cool conditions help Kansas crops hold on. In the latest crop progress report, the Kansas corn crop rated 57 percent good to excellent, down one point from last week. Dough was at 94 percent, while dented was at 67 percent. The state's soybean crop rated 57 percent good to excellent, up two points from last week. Blooming was at 95 percent, setting pods was at 81 percent and dropping leaves was at six percent. Sorghum rated 69 percent good to excellent, up one point from last week. Sorghum headed was at 95 percent, coloring was at 47 percent and two percent mature. Cotton rated 63 percent good to excellent, unchanged from last week. Squaring was at 94 percent, setting bolls at 79 percent and bolls opening was at nine percent. Pasture and range conditions rated 60 percent good to excellent.  Click here for the full Kansas report.

 
ConservationUSDA Plans "Refresh" of Nation's Largest Conservation Program

The U.S. Department of Agriculture's Natural Resources Conservation Service is planning a major "refresh" of the Conservation Stewardship Program (CSP) for 2016. The Izaak Walton League sees an opportunity to make this program work better for farmers, conservation, and the American people.


The Conservation Stewardship Program helps farmers maintain and improve conservation practices on their farms. From 2009 to 2014, the program helped put conservation practices on almost 70 million acres of agricultural land, making it the largest conservation program in the country. With a few changes, however, this program could better benefit farmers and conservation alike.


-- Put environmental benefits first. This seems like a no-brainer, but environmental benefits aren't always at the forefront when producers are competing for CSP contracts.  


-- Remember that soil health matters. CSP has a lot of potential to improve soil quality. NRCS should help the program realize that potential by using higher payments to encourage soil-enhancing practices. 


-- Don't forget about small farms! CSP provides conservation payments by the acre, so small farms are at a disadvantage. Raising the minimum contract payment will help ensure farms of all sizes can participate in CSP. 


Click here to read more about the changes made to CSP.

Want to Have the Latest Energy News Delivered to Your Inbox Daily?

Award winning broadcast journalist Jerry Bohnen has spent years learning and understanding how to cover the energy business here in the southern plains- Click here to subscribe to his daily update of top Energy News.

 

MilkProducersOklahoma Farm Bureau and Milk Producers Calling on EPA to Hold Off Implementation of WOTUS

Several agricultural organizations are upset over how the Environmental Protection Agency is ignoring the Courts and Congress.  Oklahoma Farm Bureau President Tom Buchanan of Altus responded to the ruling by a federal judge in North Dakota that blocked the implementation of the EPA's Waters of the U.S. rule, which went to effect August 28.


"As federal courts wrangle with the EPA over which states should be included in the Waters of the U.S. rules, it's becoming more obvious the EPA is a federal agency that feels responsibility to no one," Buchanan said.  Click here to read more from Oklahoma Farm Bureau.


The National Milk Producers Federation urged the Obama Administration to hold off on the national enforcement of the new Waters of the U.S. (WOTUS) regulation, in response to a court decision last week suspending the regulation in some states, but not others.


"The EPA implementation schedule for the Clean Water Rule now treats dairy farmers differently nationwide, and clearly falls short of the EPA's goals of 'greater clarity, consistency, and predictability when making jurisdictional determinations,'" NMPF President and CEO Jim Mulhern said in the letter. "Therefore, we ask that EPA and the Corp of Engineers use their enforcement discretion and cease application of the recent WOTUS rule in all 50 states, until such time as it can be evenly applied in every state."


In light of the potential for confusion and inconsistent application of the regulation following the court's ruling, NMPF said in a letter sent Monday to the EPA and the Army that the government should suspend enforcement of the WOTUS nationwide.  Click here to read more from NMPF.

ThisNThatThis N That-  September Rainfall Prospects, Peel Offers Forage Outlook and OSU Animal Well Being Spot is Vacant  

September has arrived- and our TV colleague Jed Castles has been coloring maps again- and offers a national perspective on rainfall outlook for the next thirty days. Much of Kansas, the Oklahoma Panhandle and a bit of the Texas Panhandle have been colored above normal regarding precipitation prospects- the rest of Oklahoma, southeastern Kansas and a lot of Texas are in the "normal" camp.

Here's his artwork- and you might notice his notation at the bottom- October looking near to above normal moisture wise as well.

 
***********

Mondays, Dr. Derrell Peel, Oklahoma State University Extension Livestock Marketing Specialist, offers his economic analysis of the beef cattle industry- both the livestock sector as well as the wholesale and retail beef trade. This analysis is a part of the weekly series known as the "Cow Calf Corner" published electronically by Dr. Peel and Dr. Glenn Selk. In this week's analysis- Dr. Peel looks at forage supplies and prospects:



My travels recently have taken me across quite a bit of Oklahoma and the surrounding region and left me with several impressions. The most prominent impression is that it is remarkably green in Oklahoma for late August.

"In general, forage and summer crop conditions look quite good across the state.  Cows look to be in good condition with abundant forage this summer. Good pasture conditions is likely extending the grazing season for some summer stockers and may result in fall yearling sales a bit later than usual and at heavier weights."

Click here to read more From Dr. Peel on our forage status- both in terms of standing forage and baled hay.

************

The animal well being guru in the OSU Animal Science Department has moved on- Dr. Michelle Calvo- Lorenzo made a career move this summer- leaving Stillwater and OSU- heading to Fayetteville- joining Elanco Animal Health.  Michelle is serving as an animal well -being technical consultant in Elanco's Beef Business Unit.

She moved from the west coast to Stillwater three years ago- and did great work for the livestock industry in our state- I keep up with her on LinkedIn and she sums up her passion for the well- being of livestock very well in her profile on this social media platform.

If you make the rounds of beef cattle industry meetings- I suspect you will see her name pop up more than once on agendas when they are focusing on animal welfare issues.



Our thanks to Midwest Farms Shows , P & K EquipmentAmerican Farmers & Ranchers, KIS Futures, CROPLAN by WinfieldStillwater Milling Company, Pioneer Cellular, National Livestock Credit Corporation and the Oklahoma Cattlemen's Association for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked here- just click on their name to jump to their website- check their sites out and let these folks know you appreciate the support of this daily email, as their sponsorship helps us keep this arriving in your inbox on a regular basis- FREE!

 

We also invite you to check out our website at the link below to check out an archive of these daily emails, audio reports and top farm news story links from around the globe.  

 

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