~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Wednesday May 12, 2010A service of Producers Cooperative Oil Mill, Midwest Farm Shows and Big Iron Online Auctions
-- Bigger Hard Red Winter Wheat Crop Predicted by USDA in 2010 Versus 2009- and Carryout in the Coming Year Approaches a Billion Bushels
-- Ethanol Interests Tout Big Corn Crop Projected by USDA for 2010
-- US House Republicans Claim US Farmers & Ranchers Harmed by Inaction on Free Trade Agreements with Columbia, Panama and Korea.
-- Application Deadline Grows Closer for Entry Into Class 15 of the Oklahoma Ag Leadership Program
-- What's the Most Bang for Your Spring Deworming Buck?
-- Rain Watch for Northwestern Oklahoma
-- First Lady Obama Pushing Childhood Obesity War- Rattles Her Saber Against Big Food.
-- Let's Check the Markets!
Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are proud to welcome Big Iron Unreserved Online Auctions as our newest sponsor of the daily Email. Their next auction is this Wednesday, May 12- featuring Low Hour, Farmer Owned Equipment. Click here for their website to learn more about their Online Farm Equipment Auctions.
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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.
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Bigger Hard Red Winter Wheat Crop Predicted by USDA in 2010 Versus 2009- and Carryout in the Coming Year Approaches a Billion Bushels
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~There will be five percent more Hard Red Winter Wheat to harvest this year than in 2009- if USDA is right- but a much smaller soft red winter wheat crop- thirty percent smaller than in 2009. Bigger wheat crops in both Oklahoma and Texas will help the HRW number improve over a year ago.
Meanwhile, the stockpiles of US wheat are projected to keep on growing. In fact the carryout by the end of the 2010-2011 season was predicted to be 997 million bushels of wheat in the US- within spitting distance of a billion bushels of wheat hanging over the market.
Back to the 2010 wheat production numbers- The Oklahoma Crop Estimate is well under the average guess made just last week by wheat crop tour scouts across Oklahoma. The USDA estimates that Oklahoma will produce 128.7 million bushels in 2010, with the same average yield per acre that the crop scouts came up with- 33 bushels per acre. The difference for Oklahoma comes in the expected number of acres that will be harvested- the tour of last week estimated harvested acres would be 4.2 million acres, while USDA expects just 3.9 million acres to be combined in Oklahoma this season. If realized, the 128.7 million bushels would be a 66% larger crop here in 2010 than in 2009, when we harvested just 77 million bushels- and much of it was of a low quality. Perhaps the difference that USDA is counting on versus what the crop scouts considered is how many acres of wheat will be grazed out this year- because of strong cattle prices and poor wheat prices.
In Kansas, USDA is slightly more optimistic than the Wheat Quality Tour
that just concluded last week, with an estimate of 344 .4 million bushels
of production seen in Kansas this year- versus the 333 million bushels
projected by the average tour guess. USDA expects 42 bushels an acre with
harvested acres expected to come in at 8.2 million acres in 2010.
Click on the link below for more on the Crop Production and the Supply Demand Reports of Tuesday- we have audio comments on our website at the link below from Tom Leffler of Leffler Commodities on both reports. We also have links to the actual reports from the USDA .
Click here for more on the USDA Reports from Tuesday- Crop Production and Supply Demand.
Ethanol Interests Tout Big Corn Crop Projected by USDA for 2010
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Officials from the Renewable Fuel Association are delighted with the USDA projection of what could be a record sized corn crop that will be produced in 2010. In an email to agricultural broadcasters- the RFA offers these highlights of the report from an "ethanol point of view." In the email, a slap is taken at the livestock industry groups who have challenged the right of the ethanol industry to keep long standing tax breaks when they expire later this year. Here's part of the text and commentary that we received:
"USDA put out its first estimate of the size of this year's corn crop
today, and not surprisingly, it projects an all-time record 13.4 billion
bushels of corn.
"While corn for ethanol use continues to grow, so too do exports of
both corn and DDGS. All of this increase in use comes simultaneously with
a growth in year-end surpluses, demonstrating that there are ample
supplies of corn available for feed and fuel use with nearly 2 billion of
bushels to spare."
Click here for the complete text of the email we received from RFA on the size of the 2010 corn crop and what it means for the feed vs fuel debate.
US House Republicans Claim US Farmers & Ranchers Harmed by Inaction on Free Trade Agreements with Columbia, Panama and Korea.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Ways and Means Ranking Member Dave Camp (R-MI), Agriculture Ranking Member Frank Lucas (R-OK) and Ways and Means Trade Subcommittee Ranking Member Kevin Brady (R-TX) this week have released statements on the third anniversary of the bipartisan May 10 agreement as well as a report showing the harm suffered by American agriculture due to a failure to move forward on pending trade agreements:
Here are the comments from Oklahoma Congressman Lucas: "Exports are critical to the vitality of rural America because they add much needed capital in rural communities for reinvestment and economic development. American farmers and ranchers work hard to produce an abundant supply of food and fiber for the U.S. and the world, which is evident by the fact that the agricultural industry has historically maintained a trade surplus. However, American farmers and ranchers lose economic opportunities every day that Congress fails to pass the Colombian free trade agreement. This report shows in one year, from 2008 to 2009, our farmers lost over $800 million in market access in Colombia. If the President is serious about developing the rural economy, there is no better place to start than by allowing our farmers and ranchers to benefit from the access we have already negotiated for their products, which provides an opportunity for them to reinvest in their own communities."
You can read the thoughts of Congressmen Camp and Brady as well by clicking on the link below. We also have on our website the link to the study that the House Republicans have produced about the ramifications of not getting these FTAs ratified and in place.
Click here for more on the House Republican Call for Action on the FTAs with Columbia, Panama and Korea.
Application Deadline Grows Closer for Entry Into Class 15 of the Oklahoma Ag Leadership Program
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahomans who are engaged in the agricultural industry and are looking for a way to enhance their leadership skills should consider applying for the Oklahoma Agricultural Leadership Program. Since its inception in 1982, OALP has graduated more than 400 participants and continues to grow and offer class members new and exciting opportunities, said Edmond Bonjour, new OALP director. "Our overall objective for the OALP is to further develop emerging leaders for Oklahoma agriculture," Bonjour said. "We develop our leaders through a series of seminars and study tours over a two-year period. We also expose participants to cutting-edge changes that are occurring in the agriculture industry and agri-business."
OALP has been recognized as one of Oklahoma's top leadership programs
for emerging agricultural leaders. The program is open to Oklahoma men and
women between the ages of 25 and 50 who are engaged in production
agriculture or a related agricultural business.
Click on our link below for a story that we wrote a couple of weeks ago about the Oklahoma Ag Leadership Program that features a conversation we had with Scott Neufeld of Fairview about the program. Scott is a graduate of the most recent class that has finished up the OALP experience- Class 14.
Click here for more information about the OALP- Time to Apply is NOW.
What's the Most Bang for Your Spring Deworming Buck?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~It's research from the 1990s- but is still very relevant to cattle producers. Oklahoma State University Extension Beef Cattle Specialist Dr. Glenn Selk says that OSU looked at the spring deworming decision- and tried three strategies- worming just the mama cows, worming just their calves or worming both the cows and their calves.
Which strategy yielded the most extra pounds per calf? And which
strategy gives you the most bang per deworming buck?
Click on the link below to hear Dr. Selk with his analysis of this research- and some take-aways from it for cow-calf operations of all sizes.
Click here for our Wednesday Beef Buzz featuring the wisdom of Dr. Glenn Selk
Rain Watch for Northwestern Oklahoma
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~It looks like today and tonight may yield the best chances for rain in the counties in northwestern Oklahoma that may need it the most within the state of Oklahoma. Five Oklahoma counties are drier than most of the rest of the state- Harper, Ellis, Woodward, Woods and Alfalfa Counties- and the fate of the 2010 winter wheat crop in those counties may rest upon a good drink of water this week.
In sifting through the National Weather Service data, the current system in the state may have the best potential anytime soon of yielding measurable rain to these counties. Storms could develop today or early this evening in this region- and some of those storms may become severe. However, they could also yield some heavy rains- just what the Doctor has ordered for the wheat crop that is looking rather blue from drought stress in that region.
There's another chance of rain at the end of the week- but the forecast discussion seems to indicate that southwestern and central counties have the better chances of rain at that point. And- the NWS is now saying the Upper Level Trough now over the Rockies that has brought rain chances into Oklahoma will be moving east by the beginning or next week- and that means chances of rain next week will be sliding lower.
First Lady Obama Pushing Childhood Obesity War- Rattles Her Saber Against Big Food.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~First lady Michelle Obama on Tuesday unveiled a 70-point plan for reducing childhood obesity within a generation, including a call for marketing healthier food, but stopping short of recommending regulatory action or a federal tax on sugary sodas. it also speaks about more activity for kids- but seems to be preoccupied with "Big Sugar" as it examines ways to force less consumption through government intervention.
Many states tax highly sweetened food and beverages as a way to discourage their consumption but recent research shows those tax rates on soda have had a relatively small impact on adolescent and adult weights, the report said. Administration officials said the task force suggested studying the impact of state and local taxes to further good nutrition, but there was no proposal for a federal tax on sugary sodas in the report. A higher tax rate would likely have greater impact on consumption "as evidenced by the effects of the substantial rise in tobacco taxes," the report said. (Does that mean to force behavior the way they want it go a $5 tax on a Milky Way?)
The report's recommendations include encouraging the food and beverage
industry, the media and the entertainment industry to market healthier
foods to children.
Click here for a CBS News piece on the Michelle Obama push to get her view of the world enforced when it comes to Childhood Obesity.
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Let's Check the Markets!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We've had requests to include Canola prices for your convenience here- and we will be doing so on a regular basis. Current cash price for Canola is $7.35 per bushel, while the 2010 New Crop contracts for Canola are now available are $7.35 per bushel- delivered to local participating elevators that are working with PCOM.
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:
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