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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.
Let's Check the
Markets!
Our
Market Links are a service of Oklahoma Farm Bureau
Insurance
Today's
First Look: 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.
Okla
Cash Grain:
Daily
Oklahoma Cash Grain Prices- as reported
by the Oklahoma Dept. of Agriculture.
Canola
Prices:
Cash
price for canola was $10.95 per bushel- based on
delivery to the Northern AG elevator in Yukon yesterday.
The full listing of cash canola bids at country points
in Oklahoma can now be found in the daily Oklahoma Cash
Grain report- linked above.
Futures
Wrap:
Our
Daily Market Wrapup from the Radio
Oklahoma Network with Ed Richards and Tom Leffler-
analyzing the Futures Markets from the previous Day.
KCBT
Recap:
Previous Day's Wheat Market Recap-Two
Pager from the Kansas City Board of Trade looks at all
three U.S. Wheat Futures Exchanges with extra info on
Hard Red Winter Wheat and the why of that day's
market.
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.
Ron
on RON Markets as heard on K101
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Oklahoma's
Latest Farm and Ranch News
Your
Update from Ron Hays of RON
Wednesday, October 10,
2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
Romney
Outlines Plans for Rural America on Campaign
Trail, in New
Whitepaper
Presidential
nominee Mitt Romney addressed
rural issues in a campaign stop in Van Meter,
Iowa, Tuesday. He spoke at the Koch family farm on
themes that he unveiled in August including
expanding trade, eliminating the inheritance tax,
easing regulations, and making America energy
independent by 2020. Romney used the occasion to
release a whitepaper outlining his plan to
reinvigorate rural
America.
"America's farmers and
ranchers play an incredibly important role in our
economic prosperity and must be supported," said
Romney. "My Plan for a Stronger Middle Class
includes policies that will help the agriculture
sector thrive and deliver an economic recovery for
rural America."
Romney criticized President
Obama for pursuing harmful policies from "tax
increases and onerous regulations, to a stalled
trade agenda, to efforts to drive up the cost of
energy, the President's agenda has consistently
disregarded the concerns and needs of farmers,
ranchers, and rural communities."
Romney
said, "We already ask our farmers and ranchers to
cope with natural disasters. They should not also
have to battle a man-made disaster of taxes and
regulations from Washington. Our economic recovery
must also be a rural recovery, and my plan for a
stronger middle class will ensure that our
agricultural sector grows and thrives.
"The
farm bill is an important case in point. This
legislation provides important peace of mind for
farmers and ranchers through programs that help
manage market volatility and respond to natural
disasters. Unfortunately, that peace of mind has
been wiped away by a Congress stuck in gridlock
and a President unwilling to show leadership on
the issue." He said he will see that the farm bill
stuck in Congress is passed in a timely
fashion.
In his tax policies, Romney calls
for cutting current tax rates by 20 percent,
eliminating the estate tax, maintaining low
capital gains tax rates, and implementing a
tax-free savings plan for middle income
Americans.
Click here to read more and to access
a link to Romney's full position
paper.
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Sponsor
Spotlight
We are pleased to
have American Farmers & Ranchers
Mutual Insurance Company as a
regular sponsor of our daily update. On both
the state and national levels, full-time staff
members serve as a "watchdog" for family
agriculture producers, mutual insurance company
members and life company members. Click here to go to their AFR
website to learn more about
their efforts to serve rural
America!
We
welcome Winfield Solutions and
CROPLAN by Winfield as a sponsor
of the daily email- and we are very excited to
have them join us in getting information out to
wheat producers and other key players in the
southern plains wheat belt more information about
the rapidly expanding winter canola
production opportunities in
Oklahoma. We'll be telling you about their
"Answer Plots" in the days to come that they
have planted at two locations in Oklaoma featuring
both wheat and canola. Click here for more information on
the CROPLAN Genetics lineup for winter
canola.
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RFA,
Growth Energy Applaud Romney Ag Plan, Support
of RFS
On
Tuesday, presidential candidate Mitt Romney
unveiled a white paper on his positions and plans
to support agriculture. Once again, Romney clearly
announced his support of the Renewable Fuel
Standard (RFS). Ethanol industry
organizations praised Romney's position.
Bob
Dinneen, president and CEO of the
Renewable Fuels Association (RFA), issued the
following brief statement:
"We applaud
Governor Romney's continuing support of domestic
renewable fuels and his recognition of the
importance of the RFS. Right here, right now the
ethanol industry is working hard and to great
effect to reduce America's reliance on imported
oil, create hundreds of thousands of jobs all
across rural America, and lower gas prices at the
pump. We also appreciate Governor Romney's
business acumen when it comes to the importance of
certainty to investors in the next generation of
biofuels."
Jim
Nussle, president and Chief
Operating Officer of Growth Energy was also
supportive of Romney's positions.
"I
was very pleased to see that Governor Romney has
made supporting rural America and the Renewable
Fuel Standard (RFS) a key component in his
campaign. This plan signals to investors and
producers that America's commitment to reducing
our dependence on foreign oil and creating jobs
that revitalize rural America remain a top
priority for a candidate seeking the office of the
Presidency."
Click here for more from Jim
Nussle.
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Record
Levels of Mexican Cattle Imports Could Decline
Soon
Significant
numbers of Mexican cattle entered the U.S. in
2012. OSU Livestock Marketing Economist
Derrell Peel has kept a close eye
on the Mexican market and says the numbers may be
large now, but he expects them to begin falling
off rather quickly.
"Last year, feeder
cattle imports from Mexico were up at about 1.4
million head which was the second-highest level
ever. And these increased imports over the last
two years have done quite a bit to supplement or
offset, if you will, declining calf crops in the
U.S. Even though feeder supplies are clearly tight
at the current price levels we have, they would
have been significantly tighter without
these.
"So far in 2012, Mexican cattle
imports are up about 33 percent. That's a
year-to-date number from the latest trade data we
have. And, if you project that out to the end of
the year, it suggests we could get upward of 1.8
to 1.9 million head of cattle from Mexico which
would be an all-time record and well above
anything we've seen in the past.
"However,
if you dig into that trade data a little bit you
see there's a good chance this is probably not
going to continue for very many more weeks. We may
be at the end now or it may take a few more weeks,
but almost all of the year-over-year increase of
Mexican cattle imports this year is made up of two
components."
Click here to read more or to listen
to Derrell Peel's full interview on the latest
Beef Buzz.
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The
White House has recognized one Oklahoman and 11
other members of FFA and 4-H as Champions of
Change. For over 100 years, youth and adults
involved in 4-H have worked together to create
sustainable change in their communities. Since
1928, FFA members have lived by the motto
"Learning to Do, Doing to Learn, Earning to Live,
Living to Serve." The individuals being honored
today carry on the tradition of service to
communities and country that 4-H and FFA
represent.
Ridge
Howell of Checotah is one of the
individuals who have devoted their time and effort
to their communities across the country and will
have the opportunity to share their stories with
Administration officials and 4-H and FFA members
around the globe. The Champions of Change program
was created to honor ordinary Americans doing
great work in their communities.
"The
members of 4-H and FFA are shining examples of the
positive change young Americans are bringing
across the country, said Jon Carson, Deputy
Assistant to the President and Director of the
Office of Public Engagement.
Howell is a high school
senior and a leader and advocate for youth
community involvement. Ridge works hard to
encourage other young people in Checotah to help
their neighbors, and has helped advance a variety
of local projects such as the Checotah Community
Garden and a senior citizens lawn mowing program.
Ridge's number one goal is to instill leadership,
work ethic, and the importance of serving others
into every student.
Click here for more, and to listen to
Ridge Howell speaking about his service
projects.
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Canola
TV--Planting Window Closing on 2013 Canola
Crop
Josh
Bushong, the OSU Extension Canola
Specialist for Oklahoma, says he has been
incredibly busy as the canola planting window
comes to a close. He says he has spent the last
six weeks helping producers across the state get
their canola planted as well as getting canola
test plots sown.
Josh
stopped for a few minutes on Tuesday afternoon in
Oklahoma County to visit with us before planting
the PCOM demo plots - and our visit is our latest
episode of CanolaTV- a service of PCOM, Producers
Cooperative Oil Mill.
"So far, we've got 12
Oklahoma Oilseed Commission demo plots all across
Oklahoma, all the way from Miami, Oklahoma, all
the way down to Altus, Oklahoma."
He says
most of the plots are in western Oklahoma
showcasing nine different Round-Up ready cultivars
and various different treatments.
Planting has gone well,
Bushong says, but he is encouraging producers to
walk their fields and assess their stands as they
emerge to determine if any reseeding is
necessary.
From
the volume of calls he's been getting for
assistance, Bushong says the number of canola
acres this year have increased significantly here
in 2012 versus 2011.
Click here to read more or to see the
latest edition of Canola
TV.
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Winter
Crop Planting Gains Momentum in Oklahoma, Kansas,
and Texas
The latest USDA Crop
Progress and Condition Report shows wheat in
Oklahoma was 59 percent planted compared with 14
percent the previous week. Twenty-nine
percent of the wheat planted last week was
reported emerged. Seventy-three percent of
canola was reported planted by the end of last
week with 30 percent of last week's planting
emerged. (Click here for the full Oklahoma
report,)
Kansas
farmers seeded 25 percent of the state's wheat
acreage last week, reaching 65 percent complete by
Sunday. That's ahead of 62 percent by this
time last year and 61 percent for the five-year
average. (Click here for the Kansas
report.)
Fifty-five
percent of the Texas wheat crop had been sown by
last Sunday, with rainfall helping germination in
some parts of the state while slowing seeding in
other parts. Cotton harvest began to pick up
in west Texas. (Click here for the full
report.)
Nationally,
the latest USDA Crop Progress update shows that
the US corn harvest is 69% complete- versus 29% a
year ago and the five year average of 28%.
Soybean harvest is also moving quickly- now 58%
done versus 42% a year ago. Click here for the complete Crop
progress overview- including harvest and
condition charts on everything from cotton to
peanuts to wheat- as well as the latest Pasture
and Range conditions.
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This
N That- Homework Time in Advance of School Land
Commission Auctions and Weather Patterns
Changing
Now
is the time to pull up the full listing of all of
the parcels of land that will be offered by the
School Land Commission at auction
over the next couple of weeks. Next Monday-
the auctions begin- In Beaver County on Monday,
Boise City and Guymon on Tuesday and Woodward on
Wednesday. Here are three links to check out-
Click here for our recent
conversation with Harry Birdwell of the School
Land Commission as we talk about the auctions this
year and some of the conservation efforts the CLO
is asking of successful bidders on some
parcels.
Click here for the auction
schedule with time and place of each sale- and
which counties will be offered in those
locations.
Click here for the complete PDF
document of every parcel to be sold- on a county
by county basis.
**********
Weather
patterns are in flux as we approach this coming
weekend- and according to Alan
Crone with the News on 6 in Tulsa- we
could see some storms act like its
springtime. Click here for the latest
National Weather Service one to three day
precipitation map(courtesy of the Mesonet) which
shows best chances for decent rainfall amounts
will be in the northern half of the state.
Click here for Alan's full weather
blog for this Wednesday AM- as he offers some
good insights on what may be happening weather
wise this weekend.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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