From: Ron Hays [] on behalf of Ron Hays []
Sent: Friday, December 11, 2015 6:37 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update

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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.
Big Iron  
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 Futuresclick 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:  
Our Daily Market Wrapup from the Radio Oklahoma Network with Leslie Smith and Tom Leffler- analyzing the Futures Markets from the previous Day.
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.

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

Oklahoma's Latest Farm and Ranch News

Presented by

Okla Farm Bureau    

Your Update from Ron Hays of RON
   Friday, December 11, 2015
Howdy Neighbors! 

Here is your daily Oklahoma farm and ranch news update. 
COOLFeatured Story:
COOL Repeal Still in the Mix as a Rider for the Omnibus Spending Measure to be Finalized Next Week

House and Senate leaders could not finalize the Omnibus spending measure by the deadline of today- so a short term spending bill is being passed to extend money for the government to operate into next week.  It's now expected that the Omnibus will be finished by the end of next week. 

There are a multitude of policy issues being talked about that may be included in the final document- including repeal of mandatory Country of Origin Labeling. Kansas Senator Pat Roberts has offered an amendment that would take care of repeal- in order to prevent retaliation under the WTO authorization to begin against US goods after December 18th.  

The House has already passed a repeal measure- Senate Democrats- led by former Senate Ag Committee Chair Debbie Stabenow- has delayed repeal wanting it to be coupled with language for a voluntary program.  Canada and Mexico have said multiple times that any language for a voluntary program with repeal will result in the start of tariffs against the US.  

Beef, Pork, Dairy and Grain Groups have all urged the Senate to do a repeal of COOL in the Budget Bill. 

And the nation's largest general  farm organization- American Farm Bureau- also is clearly saying repeal is the only option.  Bob Stallman, President of the AFBF, said earlier this week "We urge the Senate to act now to repeal country-of-origin labeling for beef, pork and chicken and eliminate the threat of damaging tariffs on U.S. agricultural exports to Canada and Mexico. AFBF supports country-of-origin labeling that meets WTO requirements, and we support the remaining COOL programs, but the risk of retaliation by Canada and Mexico is too great. U.S. farmers and ranchers could suffer a serious blow if Congress does not act quickly."

Incredibly, there are groups still urging no repeal in the budget deal. The National Farmers Union and R-Calf USA have both urged no action by the Congress on ending mandatory COOL.  

"Congress should take no action to repeal COOL or weaken it by converting it to a voluntary program," Bill Bullard, chief executive officer of R-CALF USA, said in a statement. "Instead, Congress should direct our U.S. Trade Ambassador to negotiate a diplomatic solution to Canada's and Mexico's complaints by deploying the United States' substantial negotiating skills. After all, this is precisely how the United States resolved country-to-country disputes before the U.S. began ceding its sovereignty to the unelected and un-appointed tribunal at the WTO."

As for the Obama Administration- USDA Secretary Tom Vilsack earlier this year threw in the towel on rewriting COOL from existing law to make it trade compliant.  He has indicated in a statement "we have been urging Congress for a number of months to resolve this issue."  

Sponsor Spotlight

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TonsorK-State's Glynn Tonsor Says Feedlots Will Continue to Suffer From a Flood of Red Ink in 2016

The cattle market has been mostly on a downward trend in 2015. That's been the case for cow-calf producers, the stocker sector and the feedlot end of the business. Kansas State University Extension Livestock Market Economist Dr. Glynn Tonsor said it's a very perilous time for cattle feeders. Based on his latest projections of feedlot cattle returns, operators have suffered large losses this year and that gushing of red ink will continue into 2016.

"It's very bearish," Tonsor said. "The closeouts that are projected from October through July, they are all negative and particularly negative for the next six months. When we look October through December, they all are $460 to almost $500 losses being projected and the core reason for that is we have over a $40 gap between the projected fed cattle price and the break-even fed cattle prices needed."

Unless feeders protected themselves from a decline in fed cattle prices at the time of placement, Tonsor said they will experience substantial losses on their fourth quarter close outs.

Feeders are experiencing massive, historic losses and negative margins. That downward trend will continue into 2016. Red ink will follow those negative margins, but Tonsor said we're going to start to see losses diminish somewhat next spring.  Click or tap here to listen to Tonsor's outlook for 2016.

DroughtMonitorOklahoma Shows All White on the Latest Drought Monitor- Versus 75% Colored with Drought/Abnormally Dry Ratings a Year Ago

After the second wettest November Oklahoma has ever recorded, it should come as no surprise that the Drought Monitor released on Thursday morning shows not only no drought- but also no abnormally dry ratings anywhere in the state of Oklahoma. The map above shows a totally "white" Oklahoma after just a small amount of yellow shading was left one week ago.

It's a remarkable difference compared to either the start of the calendar year or exactly one year ago- as readings from those weeks showed three fourths of the state in Drought or Abnormally Dry conditions. In face, last December, sixty two percent of the state was in at least moderate drought.

Statewide, November was the second wettest on record- and combined with May being the wettest May ever recorded in the state- 2015 is almost certainly going to have the most annual precipitation of any year for Oklahoma. According to Gary McManus, State Climatologist, "The official numbers released yesterday by NCEI indicate that November finished as the second wettest on record for Oklahoma (dating back to 1895) with a statewide average of 5.91 inches, just on the heels of November 2004's 5.97 inches. That brought the January-November statewide average to an official total of 48 inches on the dot, 13.56 inches above normal.

"Not only is that the wettest January-November on record, the 48 inches tops 1957's January-December record annual total of 47.88 inches, with 3 weeks to spare!"

McManus has lots more damp details- click here for his latest Mesonet Ticker.
ASAPlanAmerican Soybean Association Unveils Policy and Trade-Focused Strategic Plan

The board of directors of the American Soybean Association (ASA) approved a comprehensive strategic plan that will strengthen the organization's efforts on policy and trade. The plan, approved by the ASA board at its annual winter meetings in St. Louis this week, will guide the association's activity to the year 2021.

"We are a proud organization with a long history of driving profitability for our farmer members, and this plan will help ensure that we progress in that role over the next five years," said ASA President Wade Cowan, a farmer from Brownfield, Texas. "In 2020, ASA will celebrate 100 years of championing the issues of soybean farmers, and there is no better way to honor that legacy than by making the strategic changes necessary to ensure our organization is strong and agile for years to come."

The strategic plan will make the following changes with the end goal of focusing the ASA mission more centrally on policy and trade benefiting soybean farmers.  Click or tap here to read more about ASA's strategic plan.

Sponsor Spotlight

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OSU's Kim Anderson Finds "No News" in KimSUNUPWASDE Report and Looks at Other Global Factors

The latest global grain stocks report offered "no news". That's according to Oklahoma State University Grain Marketing Specialist Kim Anderson. On this weekend's edition of SUNUP, he provides analysis of the latest World Agricultural Supply and Demand Estimates (WASDE) report that was released on Wednesday. He called the report a "non-event" as the U.S. Department of Agriculture made no changes on U.S. wheat and soybeans. There was only minor changes for corn and grain sorghum. He said this WASDE report should have zero impact on commodity prices.

With this report out of the way, Anderson said there isn't much happening between now and the start of the New Year for the commodities market. After January first, he said there will be a rash of selling with the start of a new tax year. This leads to commodity prices trading in a narrow range, but there could be some price volatility.

Traders continue to look for global news on wheat production. Ukraine planted fewer acres and there are some potential production problems with winter kill. Anderson said if Ukraine losses 20 percent of their wheat crop, that's about 200 million bushels. That accounts for .7 percent of the global wheat production. There is also concern over the lack of snow cover to protect the Russian wheat crop from freezing temperatures. He said that's an indication that the market is really looking for something to talk about, but there's not much news out there.

Argentina is looking at eliminating their export taxes next year. The new President of Argentina was inaugurated and he pledged to eliminate export taxes for wheat, corn and soybeans. Anderson said that accounts for 23 percent on wheat, 25 percent on corn and 35 percent on soybeans. He said we will just have to wait and see what happens in Argentina because down the road that could have an impact on U.S. commodity prices.

Click here to listen to the interview with Anderson and find the SUNUP show lineup.   

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.

SelkCalvingSelk Encourages Cattle Producers to Take Advantage of Good Weather to Prepare for Calving

Glenn Selk, Oklahoma State University Emeritus Extension Animal Scientist, writes in the latest Cow-Calf Newsletter.

These pleasant December days (after the rain and ice storms of the previous week) could be put to good use in preparation for the spring calving season. Now is a good time to check the pens, calving stalls and the equipment that will be used in February and March. Do a "walk through" of pens, chutes, and calving stalls. Make sure that all are clean, dry, strong, safe and functioning correctly. Many producers use the calving shed or stalls for storage the "other" ten months of the year. Now is an excellent chance to clear out the items that are in the way and not needed for assisting the cow or heifer in labor. This is much easier to do on a sunny afternoon than on a cold dark night when you need them in a hurry.

Now is also a good time also to begin the practice of "nighttime feeding". It is generally accepted that adequate supervision at calving has a significant impact on reducing calf mortality. On most ranching operations, supervision of the first calf heifers will be best accomplished in daylight hours and the poorest observation takes place in the middle of the night.  Click or tap here to read more calving tips from Dr. Selk.

TulsaFarmSHowDay Two of the Tulsa Farm Show Features Livestock Handling Skills Contest

Day two of the 2015 Tulsa Farm Show gets underway at 9:00 AM this morning- and ten FFA teams from across the state will be at the River Spirit Expo Square for the Livestock Handling Skills Contest- showing how they can work together efficiently in processing a couple of calves in a timed event.  

The teams qualified by having the high scores in a test earlier this year during the Big Three Judging Event at Oklahoma State University back in July.  

The teams are competing for Scholarships and other prizes.

We will continue to be around today at the Tulsa Farm Show- and hope you will stop in and say hello.  At the RON booth- we are taking entries for a giveaway that will feature a couple of gift cards to Outback Steakhouse- our way of sharing the beef this holiday season!

Remember- the Tulsa Farm Show continues on Saturday as well- hours tomorrow will be 9:00 AM til 4:00 PM.

Click here for more details of all  to see and do at this year's Tulsa Farm Show.

SteaksSteaks for Troops Fundraiser Set for Monday December 14 at Oklahoma National Stockyards

National Livestock Credit Corporation and affiliated companies are pleased to announce their support, once again, for the All American Beef Battalion.  This coming Monday, December 14th, the Oklahoma National Stockyards will auction a calf for the benefit of the All American Beef Battalion. The sale will take place at approximately 11:00 a.m. in the sale arena of the Stockyards.

The calf to be auctioned is being donated by 3C Cattle Feeders and the Clyde Runyan family of Mill Creek, Oklahoma. National Livestock Credit Corporation will invoice buyers and collect checks.

This is the 6th year for the National Livestock companies to be involved in supporting the All American Beef Battalion. With the 2014 auction bringing in more than $60,000, contributors to this event have raised over $220,000 from the annual auction of a donated calf.

Danny Jones is the President of Superior Livestock, a part of the National Livestock family, and Jones us in a radio interview that "Oklahoma City has stood out as one of the key locations to raise money for the All American Beef Battalion." Jones says the donated calf will be sold and resold several times- and that for those wishing to make a smaller donation- that can be done as an "add on" on Monday- live or via a telephone pledge.

You can learn more about the benefit coming up Monday by clicking or tapping here.
Our thanks to Midwest Farms Shows,  P & K Equipment, American Farmers & Ranchers, Oklahoma Cattlemen's Association, CROPLAN by WinfieldStillwater Milling Company, Farm AssurePioneer Cellular, National Livestock Credit Corporation and  KIS Futures 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- at NO Charge!


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 



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