~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Tuesday June 2, 2009
A
service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS
Futures!
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-- Wheat Harvest for Grain Remains at a Trickle in Southwest
Oklahoma
-- Fieldwork Rolls Across Oklahoma with Drier Weather
-- Nationally, Corn Planting Catching Up- Emergence Still Lags in Key
States
-- Texas Cattle Feeders Announce Results of Annual TCFA Fed Beef
Challenge
-- FAPRI Says Eliminating All Levels of Ethanol Supports Delivers
Cheaper Corn to Livestock Producers
-- Say Hey Japan- Are you Buying What the OIE is Selling?
-- World Pork Expo Kicking Off Tomorrow in Iowa
-- Let's Check the Markets!
Howdy Neighbors! Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. 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. 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. If you have received this by someone forwarding it to you, you are welcome to subscribe and get this weekday update sent to you directly by clicking here. | |
Wheat Harvest for Grain Remains at a Trickle in Southwest Oklahoma ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Harvest of the
2009 Oklahoma wheat crop continues- with loads of wheat trickling in to
elevators in the southwestern part of the state. Cassidy Grain in
Frederick indicated they had taken perhaps 16 to 17 loads of wheat up to
about 4 PM on Monday afternoon, with yields being discussed by farmers
around 10 bushels per acre.
Many farmers have taken the forage route, baling the wheat for hay. Others have put cattle in the wheat fields, hoping for some grazing gains. Others have applied Roundup and have either already moved in with a summer crop or plan to do so, if they have enough moisture. One producer emailed us that "Our crop was a total loss due to drought then freeze then hail, first time in my 39 years of farming not to harvest a bushel of wheat." Another assessment comes from a long time producer in the north central part of the state. He tells of one way that traditionally you might measure the wheat crop as it ripens and nears harvest. "You can throw your hat out on a good crop and it will stay on top. This year it will probably fall to the ground." To be honest, there is little fresh news on the harvest scene- but we did chat with Mike Schulte of the Oklahoma Wheat Commission about what he had heard as of Monday afternoon around 5 PM. Click on the link below for that update of the prospects for the 2009 harvest here in the state. | |
Fieldwork Rolls Across Oklahoma with Drier Weather ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The latest
Oklahoma Crop Weather Update tells us that "Oklahoma experienced mild, dry
weather for the majority of last week with the average Statewide
temperature at 70 degrees. Very little rainfall was recorded across the
State during the week, with an average of 0.35 inches of precipitation."
Topsoil moisture supplies slipped by 12 points from adequate down to short
in the rating scale.
For the spring planted crops: "Fieldwork continued with the warm, dry weather, as producers neared completion of summer crop planting. As of Sunday, nearly all of the State's corn had been planted, while corn emerged increased to 91 percent, up five points from the previous week. Sorghum seedbed prepared was at 75 percent, ten points behind the five-year average. One-third of the State's sorghum crop had been planted by week's end and 19 percent had emerged. Seedbed preparations for soybeans reached 77 percent, five points behind the previous year while soybeans planted reached 43 percent, nine percentage points behind normal. Peanuts seedbed preparations were completed by week's end and peanuts planted reached 81 percent, five points behind the five-year average. Cotton seedbed preparations were virtually complete while 40 percent of the crop had been planted, 28 percentage points behind normal." NASS continues to talk about the traditional crops- and says nothing
about any of the other crops that farmers are planting this spring- crops
like sunflowers and sesame. Those crops are also going into the ground
this spring, in many cases after wheat has been zeroed out by the
insurance. Click here for the June 1 Oklahoma Crop Weather Update from NASS of the USDA | |
Nationally, Corn Planting Catching Up- Emergence Still Lags in Key States ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ I have linked
the full Crop Conditions report as released by USDA yesterday afternoon
below for you to view, but a couple of the categories jumped out at me as
I read them on Monday afternoon.
First of all, the corn planting numbers are starting to catch up as we hit the first of June. The open weather of the last two weeks have allowed Illinois and Indiana farmers to catch up- not totally, but pretty well. The rating of emergence- or the corn that is now "up to stand" remains low in those states versus normal, with Indiana some 30 percentage points behind normal and Illinois 40 points behind that five year standard. The expectation is that the corn crop yield come harvest will be lower in those states- but you never know what the weather patterns of summer along with the ever improving genetics will finally produce. The other category that really tells the tale of the 2009 wheat crop. Oklahoma and Texas got nailed by the combination of dry winter weather and the early freeze of this growing season- Kansas was the transition state that looks like it can produce an average crop- perhaps a few bushels short of that- and then you have Colorado and Nebraska. Oklahoma and Texas are 64 to 71% poor to very poor, while Colorado and Nebraska are rated 74 to 76 % good to excellent on their wheat crops. The north south differential this year is HUGE! | |
Texas Cattle Feeders Announce Results of Annual TCFA Fed Beef Challenge ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The 2009 Texas
Cattle Feeders Association (TCFA) Annual Fed Beef Challenge brought 150
cattle feeders from Texas, Oklahoma and New Mexico to Amarillo for the
opportunity to show off their best cattle and try to win prizes. A total
of 117 finished steers and heifers were shown. Fed Beef Challenge is open
to all TCFA member feedyards. Each competing feedyard is allowed to enter
two pens of cattle, with three steers or three heifers to a pen. Animals
entered in the contest are scored on an index using a base of 100 points
that is adjusted for industry markers such as ribeye area, fat thickness,
quality grade and yield grade.
First place pen of steers went to Cactus Feedyard at Cactus, Texas with
a total score of 304.04. Heritage Feeders at Happy, Texas took second
place with a pen of steers totaling 301.89. Third place went to Hansford
County Feeders at Spearman, Texas with a total score of 297.49. In the Collegiate Evaluation Contest, more than 65 college students
competed for scholarships. Corey Smith of Clarendon College claimed first
place, followed by classmate Darren Koller in second. Lance Waugh of
Oklahoma Panhandle State University at Goodwell rounded out the contest in
third. | |
FAPRI Says Eliminating All Levels of Ethanol Supports Delivers Cheaper Corn to Livestock Producers ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ According to a
study released by the Food and Agricultural Policy Research Institute -
increasing the amount of ethanol blended into the gasoline supply to
15-percent would have a minimal impact on ethanol, corn and food prices.
In fact - the University of Missouri think tank says U.S. corn and fuel
ethanol prices would rise by just four-cents each if the blend rate is
increased. As for feed costs for livestock and dairy producers - the study
expects an increase of just point-seven-percent. At the same time - the
study shows the higher rate would help to increase farm income, cut crop
subsidies by 20-million dollars a year and provide value to the nation's
economy.
At the request of five Texas lawmakers - FAPRI examined the impacts of E15 and 10 other scenarios - including ending U.S. support for corn-based ethanol while retaining the federal mandate to use advanced biofuels. If livestock groups got their way and government support for ethanol was totally ended- corn prices would likely fall significantly. The study says "With no tax credits, tariffs or mandates supporting corn ethanol use, average ethanol production declines by 5.5 billion gallons and corn prices fall by 13.1%." However, it's unlikely that Congress has enough support from livestock influenced lawmakers- and the chances of Congress eliminating all levels of ethanol is nil, at best. With some level of support very likely, Growth Energy CEO Tom Buis is delighted with the work, as he says the study further reinforces that America's farmers can produce enough corn to meet food and fuel needs without using additional land or disrupting the global food supply. Click here for the complete report as found on the FAPRI website | |
Say Hey Japan- Are you Buying What the OIE is Selling? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Associated
Press is reporting that the World Organization for Animal Health (OIE) has
adopted a resolution raising the cattle age limits related to preventing
bovine spongiform encephalopathy in international beef trade.
Under former OIE standards, beef exports and imports had been restricted to boneless beef from cattle younger than 30 months old. The resolution allows exports and imports of boneless beef from cattle of all ages. Of course, the hope is that a move like this will knock Japan off high center and move them away from the 20 month of age restriction they have placed on US beef since shortly after December 2003 when we had the "Cow that Stole Christmas" incident. Japanese officials decided that they wanted no beef not tested for BSE from animals that were older than 20 months of age. They then tried to work their science to back up their manufactured age level- and have failed miserably. The US cattle industry estimates that if the Japanese would even allow beef from US cattle 30 months of age or younger- it could be worth a billion dollars to the US beef industry due to increased sales that would likely result. | |
World Pork Expo Kicking Off Tomorrow in Iowa ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The National
Pork Producers Council will present the 21st annual World Pork Expo on
June 3-5, 2009, at the Iowa State Fairgrounds in Des Moines. As the
largest pork-industry trade show and exhibition in the world, the expo
draws tens of thousands of pork producers, exhibitors and visitors from
across the country and around the globe.
Don Butler, 2009 President of the NPPC says "World Pork Expo has always been a place where producers and allied industry can get together to find new ways to improve pork production and to learn about what's going on in the industry from a global standpoint. Given the unprecedented global economic instability, this year's World Pork Expo will be an especially important opportunity to come together as an industry." Click on the link below for our calendar and info on the World Pork Expo, as well as several other things on the immediate horizon that you may want to check out and get more information on. AND, if you have calendar items we need to add to our calendar listing, please email them to me- we would love to get them added for you. Click here for the Calendar page found on WWW.OklahomaFarmReport.Com | |
Our thanks to Midwest Farm Shows, Producers Cooperative Oil Mill and KIS Futures for their support of our daily Farm News Update. For your convenience, we have our sponsors' websites linked at the top of the email- check them 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! 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. | |
Let's Check the Markets! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ It was one of
the largest single day runs in recent memory for the Oklahoma National
Stockyards, with an estimate of 17,500 cattle filling the pens for the
Monday auction. Prices held steady through midday, then starting to weaken
as buyers finished filling their orders. Later prices were steady to three
dollars cheaper, with five to six hundred pound steer calves bringing $108
to $110.75, seven to eight weights selling from $96 to $105 and eight to
nine hundred pound steer yearlings from $91.25 to $101.75. For the complete
Oklahoma City cattle market report, click here to jump to the USDA
market news report.
Here are some links we will leave in place on an ongoing basis- Click
on the name of the report to go to that link: | |
God Bless! You can reach us at the following: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
email: ron@oklahomafarmreport.com
phone: 405-473-6144
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