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morning's Farm news
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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.
Each afternoon we are posting a recap of that day's
markets as analyzed by Justin Lewis of KIS
Futures- click 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.
(including Canola prices in central and
western Oklahoma)
Futures
Wrap:
Feeder
Cattle Recap:
Slaughter
Cattle Recap:
TCFA
Feedlot Recap:
Our Oklahoma Farm Report
Team!!!!
Ron Hays, Senior Editor and
Writer
Pam Arterburn, Calendar and
Template Manager
Dave Lanning, Markets and
Production
Leslie Smith, Editor and
Contributor
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Oklahoma's
Latest Farm and Ranch News
Presented
by
Your
Update from Ron Hays of RON
Thursday, December 10,
2015 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
2015
Tulsa Farm Show Begins Three Day Run at River
Spirit Expo Square in
Tulsa
2015
brings to Oklahoma the 22nd Tulsa Farm Show, which
has grown into the most successful farm and ranch
show venue in the state of
Oklahoma. Oklahoma's
premier agricultural and ranching event kicks off
this morning in the River Spirit Expo (Expo
Square) and runs through this coming Saturday.
Admission and parking is free- and has been free
for all 22 years of the Tulsa Farm
Show.As
Oklahoma's largest indoor farm show with over
400,000 square feet of exhibits, the TULSA Farm
Show is a great end-of-year opportunity to view
all the latest in agricultural and ranching
equipment. Over 370 companies will be featuring a
full line of displays, including tractor, sprayer,
tillage, harvest equipment, cattle management
products, and more.The Farm Show Manager for most of
those years has been Ron
Bormaster- and he talked with us as the
finishing touches for the 2015 show were being
applied- you can hear our conversation by
clicking here. (in our story- we have
the link to the interactive map that the Show
folks have put together- it will help you find
your favorite exhibitors quickly and
easily.)
Many
of our email sponsors are a part of the 2015
show- including the show itself- and we
invite you to come and check out their exhibits-
and all the other goods and services that will
help you in a lot of different ways.
We
will be hanging out at our Radio Oklahoma Ag
Network booth today and tomorrow- Leslie Smith
will be around on Saturday to say hello- and we
look forward to networking with many of you at the
2015 Tulsa Farm Show.
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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. |
Oklahoma Agricultural Groups
Offering Feedback to ODAFF as the Agency Works
on Feral Hog Rules
Feral
hogs have become a top concern for Oklahoma's
farmers and ranchers. The problem has the state's
livestock organizations, general farm
organizations and the state of Oklahoma all
looking for answers. They are working together to
develop a plan to deal with this invasive species
of livestock. Oklahoma Cattlemen's
Association (OCA) Executive Vice
President Michael Kelsey said
feral hogs have become a huge problem for
Oklahoma's cattle producers. He hasn't spoke with
a OCA member that hasn't been impacted by the
growing feral hog population.
OCA was
involved with a meeting this week with other
agricultural leaders and the Oklahoma Department
of Agriculture in reviewing their latest draft of
proposed rules that may be published in early
2016. Kelsey said Oklahoma's agricultural groups
are in favor of controlling the feral hog
population, but they are still trying to figure
out the best solution. He thinks the process to
develop a plan to control the state's feral hogs
remains in the very early stages.
While many Oklahomans believe
something new has to be done, Kelsey said one
common misconception is that nothing is being done
to control feral hogs today. In looking at state
law, he said there is a feral hog act that makes
it illegal to transport wild hogs.
I
interviewed Kelsey about developing new
rules to expand efforts to control feral hogs in
Oklahoma. Click or tap here to
listen to the interview.
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Global
Wheat Supplies Grow, Corn and Soybeans Hold
Steady, Reaction From Tom
Leffler
Few
changes were found in the latest global grain
stocks report. The U.S. Department of
Agriculture Wednesday released the latest
World Agricultural Supply and Demand
Estimates (WASDE). Market Analyst
Tom Leffler of Leffler
Commodities said the global corn and soybean
ending stocks were left virtually unchanged from a
month ago, but wheat supplies continue to increase
to record levels.
"We continue to find
negative news for our wheat," Leffler
said.
Global wheat supplies for 2015/16
increased by 2.3 million tons primarily on larger
production but also higher beginning stocks. World
wheat production remains record high and was
raised 1.9 million tons to 734.9 million. The
primary production change was for Canada, which
was raised 1.6 million tons to 27.6 million on a
Statistics Canada report. Global ending stocks
were projected 2.6 million tons higher with large
increases for the European Union and Canada
partially offset by decreases for Argentina and
Ukraine.
Global corn ending stocks for
2015/16 were left nearly unchanged with higher
projected stocks for the United States and Canada
offset by lower projected stocks for Brazil and
EU. U.S. corn ending stocks were projected to be
25 million bushels higher at 1,785 million
bushels. The projected range for the
season-average corn farm price was unchanged at
$3.35 to $3.95 per bushel, in line with prices
reported to date and current futures price
levels.
Global soybean production was
projected at 320.1 million tons, down 0.9 million.
Total U.S. oilseed production for 2015/16 was
forecast at 117.7 million tons, down slightly due
to a small reduction in cottonseed. Soybean supply
and use projections for 2015/16 were unchanged
from last month. Soybean ending stocks were
unchanged at 465 million bushels. If realized that
would be the highest since 2006/07. The U.S.
season-average soybean price for 2015/16 was
forecast at $8.15 to $9.65 per bushel, unchanged
from last month. Soybean meal was forecast at $290
to $330 per short ton, down 10 dollars on both
ends of the range. Soybean oil was forecast at
28.5 to 31.5 cents per pound, up one cent on both
ends.
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House
Agriculture Committee Examines Current State of
the U.S. Cotton Industry
The
House Agriculture Committee's Subcommittee
on General Farm Commodities and Risk
Management held a hearing Wednesday to
examine the current state of the U.S. cotton
industry. Members heard from a variety of
stakeholders-producers, warehousers, ginners, and
agricultural lenders-on the current situation
unfolding in the cotton belt. The
hearing panel was comprised of National Cotton
Council (NCC) Vice Chairman Shane
Stephens, a Greenwood, Miss., warehouser;
a group of four cotton producers: Nathan
Reed, Arkansas state chairman, American
Cotton Producers, Marianna, Ark.; Shawn
Holladay, a NCC director from Lubbock,
TX; Kent Wannamaker, president,
Southern Cotton Growers, Saint Matthews, S.C.; and
Cannon Michael, a NCC director
from Los Banos, Calif.; and Mike
Wright, a Lubbock banker.
Each of the producer panelists
testified to the need for the Agriculture
Secretary to designate cottonseed as an 'other
oilseed' and be eligible for the Agricultural Risk
Coverage and Price Loss Coverage programs. They
stated providing a safety net for cottonseed "is
desperately needed to provide stability in the
cotton industry." Click or tap here to
read more from the National Cotton Council on the
challenges in the cotton
industry. Written testimony provided by
the witnesses from the hearing can by found here.
Click here for more
information, including Subcommittee Chairman
Crawford's opening statement, and
the archived
webcast.
|
Sponsor
Spotlight
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.
|
NCBA
Says U.S. Senate on Deadline to Repeal COOL Before
Retaliation Kicks In
On Monday, the
World Trade Organization (WTO)
announced the retaliation number that will be
allowed for Canada and Mexico to use in moving
forward in tariffs imposed against the United
States good and services that result from the
Country of Origin Labeling (COOL) rule that has
been ruled noncompliant by WTO. The U.S. COOL rule
for fresh beef and pork has been ruled
out-of-bounds by the WTO. It's a process that's
been going on for the past several years. The
final confirmation of that number will come next
Friday, December 18, according to Canadian
officials. National Cattlemen's Beef
Association (NCBA) Vice President of
Government Affairs Colin Woodall
said the opportunity to avoid the retaliation of
the billion dollars annually between the two
countries comes this week. He said the
reticulation number came in close to their
expectations.
"We were always
confident that this would be a number in excess of
a billion dollars and sure enough that's exactly
where it landed," Woodall said. "Now any member of
Congress who looks at this is going to have a hard
time going back to back to their district or their
state and defending why a billion dollars' worth
of retaliatory tariffs from two of our top trading
partners is something that they can
support."
The House of Representatives
in June voted 300-131 to repeal COOL. The U.S.
Senate has delayed taking a vote to repeal COOL
until these retaliatory levels were released.
Woodall said retaliation can still be prevented if
the U.S. Senate votes to repeal COOL this week.
That would require the measure to be included in
the Omnibus budget bill that has a deadline of
this coming Friday. If COOL repeal isn't attached
to the Omnibus budget bill, then there is very
little chance that COOL will be repealed any time
soon. Without legislation to repeal COOL,
retaliation from Canada and Mexico will begin in
mid-December.
One late breaking
note on the Omnibus- it appears that
final agreement on the Omnibus will be pushed back
to next week- Senator Pat
Roberts- Chair of the Senate Ag
Committee- remains hopeful that a repeal of COOL
will be included in the final package when
Congress approves it next
week.
I
featured Woodall on the Beef Buzz. Click or tap
here to listen to Colin's take on the
battle to repeal COOL.
|
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.
|
U.S.
Ag Secretary Vilsack Appoints Oklahoman to New
Agricultural Research Advisory
Board
One
Oklahoman will serve on a national advisory board
for land-grant colleges and universities. U.S.
Agriculture Secretary Tom Vilsack
Wednesday announced the appointment of nine
individuals to serve on the National
Agricultural Research, Extension, Education, and
Economics (NAREEE) Advisory
Board. Wathina
Luthi of Luthi Farms from Gage, Oklahoma
will serve on the board for the next three years.
The NAREEE Advisory Board advises the
Secretary of Agriculture and land-grant colleges
and universities on top national priorities and
policies for food and agricultural research,
education, extension, and economics. The NAREEE
Advisory Board's main objective is to contribute
to effective federal agricultural research,
education and economics programs through broad
stakeholder feedback and sound science in its
ongoing role as advisor to the Secretary of
Agriculture. The nine members have
been appointed to a 3-year term expiring September
30, 2018. Click or tap here to
read more about these individuals.
|
Red
River Private Property Protection Act Passes the
US House- Facing Obama
Veto
On
Wednesday- the U.S. House of Representatives
passed H.R. 2130, the Red River Private Property
Protection Act, sponsored by Texas Congressman Mac
Thornberry.
This
bill would settle the dispute over 90,000 acres
land along a 116 mile stretch of the Red River the
Bureau of Land Management claims may be considered
public domain by requiring a survey of the
contested area to be completed within two years
and approved by the states of Texas and
Oklahoma.
Both
the National Cattlemen's Beef Association and the
Texas and Southwestern Cattle Raisers have weighed
in- praising Congress for approving this measure
and blasting the White House for the threat of a
Presidential veto.
NCBA
President Phillip Ellis says "For more than
100 years, private land owners have owned,
successfully managed, and paid property taxes on
lands along the Red River. This veto threat is no
more than the White House asserting another
federal land grab, usurping private property
rights. If left unchecked by Congress, it sets a
precedent that the Secretary of Interior can lay
claim to private land without legal consequence,
due process or just
compensation."
TSCRA
President Pete Bonds adds "For years, the U.S.
Bureau of Land Management has been claiming
ownership of land that belongs to private property
owners along the Red River. This is completely
absurd, especially when you consider the fact that
these citizens hold the deeds to this land and
have paid taxes and successfully managed it for
years.
"I am pleased the Red River Private
Property Protection Act was passed in the House
today to help put this issue to rest. This
legislation requires the BLM to survey the land in
question using methods backed by the Supreme Court
to find the proper gradient boundary. Since the
BLM is claiming land up to a mile south of the
proper boundary set by the Supreme Court in the
1920's, I am sure the BLM is hesitant to perform
surveys because they know the land doesn't
rightfully belong to the federal
government."
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Our thanks
to Midwest Farms Shows, P & K Equipment,
American Farmers &
Ranchers,
KIS Futures,
Stillwater Milling Company, Farm Assure, CROPLAN by Winfield,
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
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Charge!
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phone: 405-473-6144
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Farm Bureau is Proud to be the Presenting Sponsor
of the Ron Hays Daily Farm and Ranch News
Email
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