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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.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Canola
Prices:
Current
cash price for Canola is $12.24 per bushel at the Northern
Ag elevator in Yukon as of the close of business
yesterday.
Futures
Wrap:
Our
Daily Market Wrapup from the Radio
Oklahoma Network with Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
KCBT
Recap:
Previous Day's Wheat Market Recap-Two
Pager from the Kansas City Board of Trade looks at all
three U.S. Wheat Futures Exchanges with extra info on
Hard Red Winter Wheat and the why of that day's
market.
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
Thursday,
June 28,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
House
Ag Committee's Efforts for Production Ag and Rural
America Highlighted During Business
Meeting
The
House Agriculture Committee approved its activity
report for the third quarter of the 112th
Congress. During the business meeting, Chairman
Frank Lucas highlighted the
committee's work over the last six months in his
opening remarks:
We're
here today to approve our activity report for the
third quarter of the 112th Congress.
Given
that the Agriculture Committee is slated to mark
up a farm bill on July 11, it is easy to recognize
a recurring theme regarding this panel's
activities over the last six months.
We
have wrapped up two sets of farm bill hearings.
One set that took us to the countryside to hear
directly from producers on the ground and learn
how policies are working for them.
We
started in New York and ended in Kansas. The
takeaway from those hearings was clear: there are
challenges that vary by region, and we need to
tailor farm policy to fit those
requirements. Our producers are
counting on a choice of risk management tools and
an effective safety net that will be there when
bad times hit.
You can read more of Congressman
Lucas's review of his committee's action over the
last six months by clicking here.
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Sponsor
Spotlight
It is great to have as a
regular sponsor on our daily email
Johnston Enterprises- proud to be
serving agriculture across Oklahoma and around the
world since 1893. Service was the foundation upon
which W. B. Johnston established the company. And
through five generations of the Johnston family,
that enduring service has maintained the growth
and stability of Oklahoma's largest and oldest
independent grain and seed dealer. Click here for their website,
where you can learn more about their seed and
grain businesses.
We are 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!
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Crop
Insurance Title Needs to Guard Against
Guaranteeing Profits on Marginal
Land
In
his latest Policy Pennings column, Daryll
E. Ray, the Director of the University of
Tennessee's Agricultural Policy Analysis Center
writes that Congress should adequately consider
moral hazard before finalizing the crop insurance
portion of the 2012 Farm Bill:
At
the same time that the US Senate overcame a
procedural hurdle in moving the 2012 Farm Bill
from the Ag Committee to the Senate floor, the
dependence of the commodity title on crop/revenue
insurance continues to attract media
attention.
One of the problems that
insurers have to guard against is called moral
hazard, because if they don't it could be costly
to their bottom line. We have all read stories of
a nighttime fire that destroys a business that is
experiencing a financial crisis. As the fire
investigator seeks to determine the cause of the
conflagration, the possibility that the owner set
the fire in order to collect the insurance has to
be considered.
Fire insurance is designed
to protect building owners against a random
risk-fire caused by faulty wiring,
lightning,-events beyond the control of the owner.
The possibility that the owner can commit arson
introduces a moral hazard that must be guarded
against. Thus the importance of the work of the
fire investigator in determining the cause of the
fire so that the random fire can be distinguished
from one deliberately caused by someone with
financial interest in receiving the insurance
payout.
Click here for more from Daryll Ray
on crop insurance and the 2012 Farm Bill.
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Governor
Fallin Reappoints Stephens to Serve the Oklahoma
Wheat Commission
Governor
Mary Fallin recently reappointed
Tom Stephens to an additional
5-year term with the Oklahoma Wheat Commission
(OWC). Stephens, a wheat producer from Guymon,
will continue to represent District II. The OWC's
District II consists of Beaver, Cimarron, Ellis,
Harper, Texas, Woods and Woodward Counties.
"We are excited that Tom Stephens has been
reappointed to fill the District II position on
the OWC Board," said Mike Schulte, Executive
Director of the OWC. "His knowledge and experience
with wheat production as a farmer and his active
roles previously held with the OWC Board and U.S.
Wheat Associates Board will continue to make him a
valuable leader for the wheat industry on both
state and national levels."
Stephens'
responsibilities as a member of the commission
include working with the other members to develop
and oversee the implementation of policy and
programs, approve budget expenditures, direct the
funding of research, market development and public
education, represent district producer interests
and promote Oklahoma wheat.
You can read more by clicking
here.
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Don't
Let Anaplasmosis Catch You By Surprise
Dave
Sparks, DVM, Oklahoma State University
area extension veterinarian, says conditions are
right this year for an outbreak of anaplasmosis.
He offers the following recommendations for cattle
producers in the latest edition of the Cow-Calf
Newsletter:
It is easy to be taken by
surprise by anaplasmosis. Although the problem can
occur any time, it is usually most prevalent in
the mid to late summer. This is a time when many
stockmen are busy in the hay fields or with other
projects and are not checking their cows every day
like they do during winter feeding. This year,
however, anaplasmosis season is likely to come
early due to the influence of a mild winter and
early spring on the insect vectors that carry the
disease.
Anaplasmosis is caused by a single
cell parasite that lives inside the cow's red
blood cell. When the immune system recognizes the
problem it destroys the parasite, but
unfortunately destroys the red blood cell at the
same time. When a significant
number of red blood cells have been destroyed
anemia results and weight loss, abortion and death
occur. The parasite can infect calves but cattle
less than one year of age will not usually show
symptoms. Cattle between one and 3 years may show
mild to moderate symptoms of the disease, but
death rarely occurs in cows less than three years
of age. Biting insects such as horse flies and
ticks carry the organism from infected or
recovered carrier cows to healthy cattle. In this
type of transfer it is common to see one cow with
the disease, followed a few weeks later by an
outbreak of several more cows that were infected
from the original case. The organism can also be
spread by blood on needles, ear taggers,
dehorners, or other
instruments. This type of
transfer typically results in an outbreak of
several cases simultaneously.
Click here to read recommendations
from Dave Sparks on preventing and treating
anaplasmosis.
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NCBA
Encouraged by Hearing on Legislation Preventing
Ranches from Being Treated as Toxic Waste
Dumps
The
U.S. House Energy and Commerce Committee hosted a
hearing to deliberate on the "Superfund
Common-Sense Act" introduced by Congressman Billy
Long (R-Mo.) According to National Cattlemen's
Beef Association President J.D.
Alexander, the legislation (H.R. 2997)
would prevent the Environmental Protection Agency
(EPA) and the courts from imposing what Alexander
called expensive liability and needless regulation
on U.S. agriculture.
NCBA Deputy
Environmental Counsel Ashley McDonald said the
legislation would restore the original intent of
Congress under the Comprehensive Environmental
Response, Compensation and Liability Act (CERCLA),
more commonly called the Superfund Law, and the
Emergency Planning and Community Right-to-Know Act
(EPCRA).
She said the Superfund Law was
originally passed by Congress in 1980 to prevent
toxic waste from polluting U.S. waters and was
never intended to elevate extreme agendas by
imposing liability on U.S. farmers and ranchers in
the same fashion as toxic waste polluters. The
legislation would exempt cattle manure from all
liability under these laws.
You can find more on this story on
our website by clicking here.
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Simple
Strategies Increase Yields for Double
Crop Soybeans
Chad
Godsey, Cropping Systems Specialist with
Oklahoma State Unversity says with this year's
early wheat and canola harvests, there are a
number of producers who will be planting a soybean
crop. Godsey says there are a few strategies
producers need to be aware of to maximize their
late season yields:
When planting
soybeans at the end of June and into early July
you need to make a few adjustments to protect that
yield potential. We know from planting date
research the last three years that planting after
June 5-10 we start to see a drop-off in yield
potential due to planting date. At these later
planting dates we see a decrease in vegetative
biomass, fewer branches and each of these lead to
fewer reproductive nodes. So what management
strategies can we change to help increase yield?
Any strategy to increase the amount of light
intercepted by the plants would help maintain a
high yield potential. The more light soybeans can
absorb, the better the yield. Strategies to
increase the amount of light intercepted are
listed below:
--Planting after the first
week in June requires 10-15% increase in seeding
rates to facilitate quicker row closure and higher
pod height with fewer days to flowering.
--This year with heavy wheat residue
another 10% increase in seeding may need to be
considered depending on seed to soil contact. If
you are able to achieve good seed to soil contact
you may not need to increase seeding rate.
However, following a high yielding wheat crop
sometimes wheat residue is challenging to manage,
especially when it was lodged wheat. Late-planted
soybeans can be planted in narrow rows to shorten
the time to row closure.
You can read more of Chad Godsey's
tips on double-cropping soybeans by
clicking here.
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Cattle
Trails Wheat and Stocker Conference in Wichita
Falls to Help Producers Drive Their Animals to
Profit
Cattle
producers looking to pick up the latest
science-based updates that promote effective
management practices should register now to attend
the July 31 Cattle Trails Wheat and Stocker
Conference in Wichita Falls, Texas.
The
conference is a collaborative effort between the
Oklahoma Cooperative Extension Service and Texas
AgriLife Extension Service. Its purpose is to help
cattle owners and operators drive their animals to
profit.
"New ag policy, market volatility
and tough times in the feedlot industry stand to
potentially have significant effects on cattle
producers seeking to make the best production and
economic decisions possible for their specific
operations," said Bob LeValley,
Oklahoma State University Cooperative Extension
area livestock specialist.
The 2012
conference will take place at the Multi-Purpose
Events Center, located at 1000 5th St. in Wichita
Falls. The conference will begin at 8:15 a.m. and
finish at approximately 2:15 p.m. Cost is $25 per
participant, which will include a luncheon meal,
refreshment breaks and proceedings of the topics
discussed at the conference.
Click here for more details on the
Cattle Trails Wheat and Stocker
Conference.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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