From: Ron Hays [] on behalf of Ron Hays []
Sent: Thursday, May 27, 2010 6:42 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update
Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Thursday May 27, 2010
A service of Johnston Enterprises, P & K Equipment/ P & K Wind Energy and American Farmers & Ranchers Mutual Insurance Company!
-- Canola Harvest Underway in Oklahoma
-- Needed- Financial Literacy Down on the Farm.
-- Corn Farmers Coalition Plans Educational Push in Washington This Summer
-- National Rural Summit Agenda Announced
-- Going Beef Buzzing With Gregg Doud of NCBA
-- Check out the new website look for Johnston Enterprises!
-- Farm Bureau Promotes Tax Breaks for Agriculture
-- 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 pleased to have American Farmers & Ranchers Mutual Insurance Company as a regular sponsor of our daily update- click here to go to their AFR web site to learn more about their efforts to serve rural America!

It is also great to have as an annual sponsor on our daily email Johnston Enterprises- proud to be serving agriculture across Oklahoma and around the world since 1893. For the 2010 wheat harvest, Johnston has opened up four million bushels of additional storage space. For more on Johnston Enterprises- click here for their NEW website

And we are proud to have P & K Equipment/ P & K Wind Energy as one of our regular sponsors of our daily email update. P & K is the premiere John Deere dealer in Oklahoma, with nine locations to serve you, and the P & K team are excited about their new Wind Power program, as they offer Endurance Wind Power wind turbines. Click here for more from the P&K website.

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.

Canola Harvest Underway in Oklahoma
The estimated 80,000 acres of winter Canola is starting to be harvested- and our first report of the season is a short one from Gene Neuens of PCOM.

Gene writes in an email to us yesterday that "We have canola in the bin in the Temple area. They will be picking canola up this week at Frederick. Swathing and pushing canola as far north as Hennessey today. Need to keep watching for color change. When it start it will happen fast. Be prepared.

Pushing as far north as Enid will happen this weekend.

If you are harvesting canola- take a few pictures and share them with us- so we can share them with others in our cyberspace family. Email them to me at or And- give us some details of your harvest- which method of harvest did you use- how many acres- what variety did you grow and what is the approximate yield?

As wheat harvest starts- we will be looking forward to your reports as well. Info on your harvest experience will be greatly appreciated- test weights, yield, variety and other thoughts about your harvest will be appreciated. We don't mention names unless you give us permission to do so- but your reports and pics help make our harvest coverage the best there is here in the southern Plains.
For those of you a few days short of harvest of your 2010 wheat crop- you might drop us a note and give me an estimate of how many days before you think harvest will begin.

Needed- Financial Literacy Down on the Farm.
This past week at the Joint USDA-DOJ Workshop on Competition in Agriculture- the focus at the Alabama session was on the Poultry industry. Contract poultry growers were complaining of the lack of profit available to them in the business- and Dr. Michael Dicks agreed, at least in part.

However, Dr. Dicks, the Teacher Ag Economics Professor at Oklahoma State University, assumed the role of Teacher at the Workshop as he criticized those who are in the poultry business and don't know even the basics about their financial status. Dr. Dicks told the Workshop participants that very few farmers or ranchers across the country have all of the financial data about their operation that they really need to operate like a business should.

Click on the link below to jump to our website and hear a bit of Dr. Dicks and his frank comments about the need to get serious financial records in place if you want to survive in agriculture as a full time operator.

Click here for comments from last week in Alabama with Michael Dicks of OSU at the USDA-DOJ Ag Competition Workshop

Corn Farmers Coalition Plans Educational Push in Washington This Summer
The Corn Farmers Coalition announced today they will return to Washington this summer with a major educational program aimed at policymakers and opinion leaders who affect the fate of America's family corn farmers. "The vast majority of farms in America, and 95 percent of corn farms specifically, continue to be family owned and operated ventures. They aren't some myth, but are a critical economic engine that provides most of the food, feed and fiber produced in this country," said Darrin Ihnen, president of the National Corn Growers Association. "This awareness is important to our survival."

The Corn Farmers Coalition will launch a major advertising campaign June 1,that will put prominent facts about family farmers in Capital Hill publications, radio, frequently used web sites, the Metro and Reagan National Airport. The program, which puts a focus on family farmers telling their story, will continue until Congress recesses in August. "Washington needs to know corn farmers are using some of the most advanced technologies on the planet to do more with less - to grow more corn using fewer resources every year," said Mark K. Lambert, director of the Corn Farmers Coalition. "American corn farmers, the majority of them small family businesses, are among the most productive in the world."

Click on the link below for more information on this coalition and their efforts to promote modern farming practices found all across the country.

Click here for more on the 2010 efforts of the Corn Farmers Coalition.

National Rural Summit Agenda Announced
The Rural Tour that Ag Secretary Tom Vilsack led last year culminates next Thursday, June 3rd, with the National Rural Summit in Hillsboro, Missouri. Vilsack, Agriculture Deputy Secretary Kathleen Merrigan, and the full USDA sub-cabinet will be there to continue the conversation about ways to rebuild and revitalize rural America. Agricultural leaders, farmers, ranchers and community leaders have been invited to attend the day- long event. General attendee registration is closed.

The morning will consist of A Dialogue on Rural America - with panelists like Darrin Ihnen, National Corn Growers Association President, John Reading, past president of the National Association of Conservation Districts, and Aneesh Chopra, the chief technology officer and assistant to President Obama.

Afternoon break-out sessions will focus on Building Critical Infrastructure for a 21st Century Rural Economy (being chaired by former Oklahoma Congressman and current CEO of the NRECA, Glenn English); Expanding Opportunities for Rural Businesses; Renewable Energy and Biofuels; Farm Competiveness and Productivity; Forest Restoration, Rural Recreation and Private Land Conservation; and Regional Food Systems and Nutrition.

Click here for more on the Obama Administration Rural Summit on June 3 near St. Louis.

Going Beef Buzzing With Gregg Doud of NCBA
Yesterday and today- our regular beef industry radio feature has spotlighted Gregg Doud, Chief Economist of the National Cattlemen's Beef Association.

Our Wednesday feature with Doud looked at the tightness of the US beef cattle herd- and Doud tells us that it's time to figure out a way to start rebuilding the US cattle herd. He calls it a needed "strategic" move. Click here for the Wednesday Beef Buzz with Gregg Doud on this idea of adding back replacement heifers into our herds- NOW.

Today- we continue to talk with Gregg Doud- but switch our attention to the sizzling beef export market. Doud says the great thing happening internationally right now is that we are having success moving US beef many different directions- which helps build US beef export numbers ever closer to the levels seen just before the Cow that Stole Christmas in 2003.

Click here for the Thursday edition of the Beef Buzz with Gregg Doud- talking US Beef Exports.

Check out the new website look for Johnston Enterprises!
I had a note a couple of days ago from Joey Miebergen about the new website for Johnston Enterprises- and yesterday, I finally got a chance to go exploring around the site.

Their new website has their home page- from which you can check out the Grain merchandising part of their business. They have market commentary available as a part of their website here. If you select the Port button- you will get loads of details and important business information about the Johnston port facilities that they operate at four locations in two states.

Finally, there is an extensive part of the website dedicated to the Seed business, offering customers a lot of information on the seed they sell by end use or by agronomic categories.
We are proud that one of our longstanding sponsors of our daily email is Johnstons Enterprises- they have served Oklahoma producers since 1893- and their newly designed website showcases how extensively they are serving Oklahoma and lots of folks beyond our borders with a variety of services through their three divisions that you can check out. Click on the link below and take a look. Remember- you can look in the "Grain" section and see local grain bids as well as get that daily commentary on the commodiity markets.

Click here to go explore for yourself at the Johnston Enterprises Website.

Farm Bureau Promotes Tax Breaks for Agriculture
The House is expected to vote soon on legislation that includes a number of tax provisions vital to farmers and rural America. The American Farm Bureau Federation is urging the House to pass the American Jobs and Closing Tax Loopholes Act. In a letter sent to members of the House this week, AFBF President Bob Stallman called for prompt passage of the bill to reinstate many tax provisions that expired at the end of 2009.

"This bill includes a number of tax provisions that many farmers and ranchers have turned to over the years to protect the bottom line," said Stallman. "Among these are extension of tax incentives for biodiesel and renewable diesel, five- year depreciation for farming business machinery and equipment and a number of other tax deductions that farmers and ranchers rely on to manage cash flow."

Tax provisions that provide incentives to upgrade operations, donate food and preserve farmland are key elements in the bill for rural America, according to Stallman.
"Most farmers and ranchers pay taxes as individuals which means that individual tax rates and deductions have a huge impact on the amount of after-tax income that they have," Stallman wrote.
"Farm Bureau supports extension of the standard deduction for state and local real property taxes and the deduction of state and local sales taxes and other provisions that increase after-tax dollars for farm families."

Our thanks to Midwest Farms Shows, PCOM, P & K Equipment/ P & K Wind Energy, Johnston Enterprises, American Farmers & Ranchers, KIS Futures and Big Iron Online Auctions 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.

Click here to check out WWW.OklahomaFarmReport.Com

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 $7.10 per bushel, while the 2010 New Crop contracts for Canola are now available are $7.10 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:
Our Daily Market Wrapup from the Radio Oklahoma Network with Ed Richards and Tom Leffler- analyzing the Futures Markets from the previous Day-
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.
Previous Day's Wheat Market Recap- Two Pager From The Kansas City Board of Trade looks at all three US Wheat Futures Exchanges with extra info on Hard Red Winter Wheat and the why of that day's market.
Daily Oklahoma Cash Grain Prices- As Reported by the Oklahoma Dept. of Agriculture. <
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
The National Daily Slaughter Cattle Summary- as prepared by USDA.
Finally, Here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.

God Bless! You can reach us at the following:
phone: 405-473-6144

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