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~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Wednesday July 7, 2010
A
service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS
Futures!
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-- Wheat Harvest Rolls- Now well into Nebraska
-- Warm and Wet- Is it Really July?
-- Pork Producers Want Extension of Comment Period on Marketing Rules
Proposal
-- White House Explains E-15 Testing- As Oklahomans Worry About
Availibility of 100% Gas
-- US Wheat and NAWG Stand Together in Concern About Canada Grabbing
Upper Hand in Colombia Wheat Trade
-- Soybean Group Sets Top Legislative Priorities for 2010
-- The Rain Just Keeps Coming
-- 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 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. We are also excited to have as one of our sponsors for the daily email
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. 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. | |
Wheat Harvest Rolls- Now well into Nebraska ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The 2010
Oklahoma wheat harvest is down to a field here and a field there- although
the USDA says there is still 10% of the harvest to get done. Meanwhile,
folks in Kansas are up to 84% harvested as of July 4 versus 78% a week ago
and versus 55% complete by this point one year ago.
The Texas harvest improved twenty percentage points in the last week from 58% complete to now 78% done- Texas producers continue to lag last year's harvest efforts of 87% complete by this date. Early reports from Colorado and Nebraska have combines moving with
early yields and good quality being reported. Colorado reports 21% of the
wheat crop now harvested with Nebraska at 13% complete. Cotton crop conditions have improved slightly over the last week, while corn and soybean crop conditions have declined slightly in the last week. Click on the LINK below to see the crop conditions update from USDA on all of these crops as well as a look at the pasture and range conditions as well. Click here for the latest crop conditions from USDA as of July 4. | |
Warm and Wet- Is it Really July? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The latest
crop weather update shows a marked improvement in soil moisture levels
with warm- but not hot conditions. "Weather across the State included warm
temperatures for much of the week with a few scattered thunderstorms
occurring in some areas. Statewide average temperatures were in the mid-to
upper-70's, which was a relief from Statewide average temperatures from
mid-80's to lower-90's in prior weeks. The State received 1.63 inches of
much needed rainfall compared to only receiving .43 inches in the week
prior. Four of the nine districts received over two inches of
precipitation with the Southwest district receiving the most at 2.69
inches. The Panhandle district received the lowest amount of precipitation
with only .20 inch. Topsoil and subsoil conditions substantially improved
this week due to the rainfall and are rated in the mostly adequate range
with ten percent of topsoil conditions rated surplus and seven percent of
subsoil conditions rated surplus."
For our spring planted crops in the state- "As a result of much needed rainfall, row crop conditions remained in the good to fair range. Corn silking reached 53 percent complete, a 17 point increase from the week prior and three points ahead of normal. Sorghum planted was virtually complete by Sunday and running ahead of the five-year average. Sorghum emerged increased 12 points to 90 percent complete by Sunday, 25 points ahead of the five-year average. Soybean planting wrapped up by week's end, 14 points ahead of normal. Soybeans emerged reached 91 percent complete, 17 points ahead of normal and seven percent of the crop had bloomed by week's end. Peanuts pegging reached 52 percent complete by week's end. All cotton was emerged by Sunday, two points ahead of the five-year average. Thirty-five percent of the cotton crop was squaring by week's end." Click on the LINK below for the latest Oklahoma Crop Weather Update. as issued on Tuesday afternoon by USDA's NASS. | |
Pork Producers Want Extension of Comment Period on Marketing Rules Proposal ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The National
Pork Producers Council today asked for an extension of the comment period
on a proposed federal rule that could limit pork producers' options in
selling pigs to processors. In a letter to J. Dudley Butler, administrator
of the U.S. Department of Agriculture's Grain Inspection, Packers and
Stockyards Administration, NPPC urged a 120-day extension of the comment
period, which currently is set to expire Aug. 23.
The proposed rule would implement parts of the 2008 Farm Bill related to livestock and poultry contracts, including establishing criteria under the Packers and Stockyards Act for what constitutes providing or giving undue or unreasonable preference or advantage in a contract. After a preliminary review, NPPC said the proposed rule goes well
beyond the parameters set out in the Farm Bill, specifically with regard
to sections on "unfairness," purchasing practices, contracts, "competitive
injury" and recordkeeping. "Our initial reading of the proposed rule,"
said NPPC President Sam Carney, a pork producer from Adair, Iowa, "is that
it is overly broad and very vague. We need more than 60 days to determine
all of the ramifications this regulation could have on America's 67,000
pork producers." | |
White House Explains E-15 Testing- As Oklahomans Worry About Availibility of 100% Gas ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The Obama
Administration has released a report explaining the goals for testing E-15
fuel in on road vehicles. The report appears to be in response to recent
criticism following missed deadlines by the Environmental Protection
Agency in reporting results. The administration report says EPA, working
with the Department of Energy, undertook a multi-million dollar testing
regimen that will provide the information EPA needs to make a sound,
technically correct and legally supportable decision.
As the DOE tests engines for a higher blend of ethanol- Oklahomans have concerns that they may be forced to buy ethanol against their wills. Chris Thorne of Growth Energy says that is not a part of the Renewable Fuel Standard law- and that if a retailer sees a chance to make a buck- in other words if they have a market- they will be able to but 100% gas and sell it to consumers- at a higher price. Click on the LINK below- and we have details on the Obama testing that will likely lead to a higher blend rate being allowed later in 2010- jumping the blend rate from 10% to 15%. Ethanol proponents say that will lower our dependence on foreign oil and create US jobs. Critics of ethanol say they want no ethanol- and it appears that they can stay at E zero if they so choose. | |
US Wheat and NAWG Stand Together in Concern About Canada Grabbing Upper Hand in Colombia Wheat Trade ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ NAWG Executive
Vice President Dana Peterson has joined with Alan Tracy of US Wheat
Associates in issuing this statement about Canada getting into a position
to better serve the South American wheat market found in Colombia:
"The Canadian parliament has ratified a bilateral free trade agreement
(FTA) with Colombia that will, when implemented, allow Canadian wheat to
enter that country duty free. "As an industry dependent on exports for half its sales, export
opportunities and free trade are essential. We were encouraged to hear
President Obama's plans to give trade a more prominent role in his
administration's economic recovery agenda and his goal to double exports
in five years. We were particularly pleased that the President recognized
that U.S. inertia on trade only allows other nations to fill the void
while we lose the chance to create jobs on our shores. We urged the
administration to commit to this initiative by submitting the
U.S.-Colombia FTA, and pending agreements with South Korea and Panama, to
Congress for consideration." Click here for the full statement from Dana Peterson and Alan Tracy on US Wheat Industry Concerns | |
Soybean Group Sets Top Legislative Priorities for 2010 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Leaders of the
American Soybean Association have set their top legislative priorities for
2010. They include the enactment of a retroactive extension of the
biodiesel tax incentive, enactment of pending free trade agreements and
ensuring that producers are not adversely impacted by climate change
legislation.
Listed in order as presented, the Legislative Priorities are: biodiesel, trade expansion, FY-2011 appropriations, 2012 farm bill, energy/climate change, offshore aquaculture; transportation; ag-related regulatory approvals and biobased products. ASA President Rob Joslin, a soybean farmer from Ohio, says the
priorities of ASA are the top issues of importance for soybean growers
from all regions, all age groups and all sizes of farming
operations. Click here for the Top Legislative Priorities for the American Soybean Association for 2010. | |
The Rain Just Keeps Coming ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Rainfall
amounts in west central and southwestern Oklahoma continue to pile up-
with the Hobart area still the high water mark (so to speak) with over 8
inches of the wet stuff over the last four days. Multiple locations can
lay claim to at least five inches of rainfall in the same period.
Mesonet totals show locations in Washington, Garfield, Woods and Oklahoma County some of the heavier spots after Kiowa County. And Jed Castles at News9 in Oklahoma City tells us that the end is not yet in sight- more rain fall is headed our way- and some of it may well be very heavy. Falling on saturated soil- more flooding is likely- so stay in touch with your local Radio Oklahoma Network radio station- they will keep you on top of the rain conditions. The National Weather Service calls it "moist and uncapped" conditions that will continue to give us chances over a wide area to get heavy rainfall. Those chances continue right into Thursday. Click here for the Oklahoma Mesonet Rainfall Totals for the past 96 hours. | |
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. | |
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 $7.25 per
bushel, while the 2011 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: | |
God Bless! You can reach us at the following: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
email: ron@oklahomafarmreport.com
phone: 405-473-6144
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