~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Friday November 12, 2010A service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS Futures!
-- And the Rains Came
-- The Wit and the Wisdom of Dr. Barry Flinchbaugh
-- US and South Korea Fail in Effort to Get "Done Deal" on Revised FTA
-- US Ag Secretary Tom Vilsack Plans Regular Conversations with Congressman Frank Lucas
-- USDA Secretary Vilsack Believes Proposing GIPSA Rule is One Way to Force Discussion on Why Numbers of Livestock Producers Have Declined
-- Major Crops All Engaged in Battle Over Acreage to be Planted in 2011
-- This weekend- Gray Land and Cattle Sale Today- Clay Pope Talks Conservation with us In the Field on Saturday
-- Let's Check the Markets!
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. When you call them- ask them about their brand new Iphone App which provides futures quotes for your Iphone.
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.
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And the Rains Came
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~It appears much of Oklahoma will get at least some precipitation from the current storm system that is moving through Oklahoma on this Friday morning. Behind the cold front that is now into northwestern Oklahoma- temperatures are significantly colder- and will be quite a contrast with the relatively mild conditions we have had this week.
Precipitation amounts have popped up over an inch in several locations in the norhwestern third of the state thus far. It looks like this front- as it pushes south and east- will bring rainfall into most counties in the state before it's gone this evening. For Friday night football games- the first week of the playoffs will be chilly and maybe rainy in some locations.
After this system- it looks like most of next week will be clear, dry and a notch colder than this week. However, for those that do get a decent amount of rain- an inch or so- that will provide a lot of support to fall seeded crops as they get established ahead of the winter months.
Click here for the two day precipitation map from the Mesonet- it's a real time update that will continue to give you amounts of precipitation as the day goes on. If you have trouble seeing the map- you may not have the updated plug-in. In that case- click on the link below for the main page of the Mesonet- and they will prompt you to download and install the plug-in- that's easy to do and gets you up and running quickly to see these maps that are updated every few minutes across the entire Mesonet network.
Click here for the main index page for the ag portion of the Oklahoma Mesonet
The Wit and the Wisdom of Dr. Barry Flinchbaugh
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~One of the joys of our business is the chance to get continuing education on the fly from some of the sharpest minds in a variety of agricultural fields. When it comes to ag policy issues- one of our favorite professors is Dr. Barry Flinchbaugh of Kansas State University. We sat down and talked with him at length here in Kansas City during our annual meeting of the National Association of Farm Broadcasting- and as always- came away with some excellent insights to share with our readers, listeners and viewers.
He's very comfortable with the changing of the guard in the House Agriculture Committee, as the Republicans grab control of the House, which means that Oklahoma Congressman Frank Lucas will be the next Chairman of that Committee. Flinchbaugh told us that Congressman Lucas "gets it" when it comes to the importance of good, well thought out farm policy. He adds that he agrees with Lucas that writing a farm bill in 2011 would be a big mistake, as it will be important to let the shock of the big influx of new members of Congress coming to town work through the system.
Dr. Flinchbaugh says that the bad news for production agriculture coming out of the 2010 midterm elections was the defeat of the Senate Ag Committee Chairman, Blanche Lincoln of Arkansas. Flinchbaugh told us "the bad news is that my good friends in Arkansas were stupid enough- and that's the only word to us- stupid enough to defeat the Chairwoman of the Senate Ag Committee. There's nobody in Congress who understands farm policy better than Mrs. Lincoln." Flinchbaugh says this is a loss for everyone in production agriculture across the country- but that Arkansas and other southern farmers will likely pay a price- "they could have wrote the farm bill- now they've got a Freshman Senator on the Committee."
Click here to jump to our podcast of our conversation with Dr. Barry Flinchbaugh on a whole host of farm policy subjects.
US and South Korea Fail in Effort to Get "Done Deal" on Revised FTA
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~After four days of discussions, negotiations over a U.S.-Korea Free Trade agreement have faltered. This is a setback for the leaders of the two nations and a blow to efforts to rekindle broader world trade talks. After meeting with South Korean President Lee Myung-bak, President Obama said - we have asked our teams to work tirelessly in the next days and weeks to get an agreement, and we are confident we will do so.
The U.S. Meat Export Federation counts itself among those disappointed that discussions between the governments of the United States and South Korea have not resolved the issues that have stalled concurrence on the U.S. - Korean Free Trade Agreement. USMEF president and CEO Philip Seng says - We remain hopeful that the two sides will resolve these issues in the very near future.
USMEF expects the elimination of Korea's import duties, together with the associated growth in demand for U.S. beef and pork in Korea, will result in significant export gains for the U.S. red meat industry. Seng adds - We support the efforts of U.S. negotiators to constructively engage their Korean counterparts on the remaining issues in a harmonious fashion that is consistent with the interests of both sides.
Click here for the full statement by the USMEF regarding the lack of progress in getting deal done with Korea on a FTA
US Ag Secretary Tom Vilsack Plans Regular Conversations with Congressman Frank Lucas
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~US Secretary of Agriculture Tom Vilsack expects no major changes in the direction of House Ag Committee in the days ahead as Republican lawmaker Frank Lucas takes on the job of Chairman of the Committee- and Minnesota lawmaker Collin Peterson assumes the role of ranking minority member.
Vilsack told reporters in Kansas City on Thursday that he talked to both Lucas and Peterson right after the election- and that he plans to have regular conversations with Chairman Lucas, to "make sure we are operating on the same wavelength." Vilsack says there may be disagreements around the edges, but that he thinks he and Lucas agree we that to keep a strong safety net and are making sure we are a productive part of the economy.
You can hear Secretary Vilsack's comments as they are the centerpiece of our Friday morning farm news coming out of this 2010 Farm Broadcaster meeting. Click on the LINK below for our Podcast that is posted daily of our expanded length morning farm news. You can go to our website and find those daily morning farm news updates under the heading "Latest RON Podcasts" or you can also go to Itunes and subscribe to this program as well.
Click here for our Friday morning farm news from Kansas City featuring the comments of Ag Secretary Tom Vilsack
USDA Secretary Vilsack Believes Proposing GIPSA Rule is One Way to Force Discussion on Why Numbers of Livestock Producers Have Declined
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~US Secretary of Agriculture Tom Vilsack took three questions during his news conference on Thursday, November 11th in Kansas City on the GIPSA Rule on the Marketing of Livestock in the US. He declined to comment on the rule itself- but did tell a reporter representing National Public Radio that it was legitimate to propose this rule and "have a discussion" about the declining number of livestock producers in the United States over the last twenty to thirty years.
We asked the first question on the GIPSA rule- and asked if he and Dudley Butler, Administrator of GIPSA, had talked as of yet regarding how to examine the comments now pouring in to USDA on the rule. Vilsack told us that he and Mr. Butler had not talked about that- thought it inappropriate before the end of the comment period and seemed to speculate that many of the 16,000 plus comments submitted thus far may be form letters that groups- for and against- have provided and individuals have copied and pasted and sent it under their name. He said that he and the GIPSA administrator would discuss how to sort through and answer specific questions once the comment period is over.
As we mentioned- there were three questions raised about GIPSA to Secretary Vilsack- one by a non farm broadcast reporter- and we have put these together into one segment- and have posted it on our website. Click on the LINK below to jump to that story and a chance to hear Vilsack's full answers to each of these questions.
Click here for our story at OklahomaFarmReport.Com about Secretary Vilsack talking GIPSA at NAFB
Major Crops All Engaged in Battle Over Acreage to be Planted in 2011
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Different grains had different responses to the November Crop Production and US Supply and Demand Reports from earlier this week. OSU Grain Marketing Economist Dr. Kim Anderson says that in the case of corn and wheat- the numbers that were reported by USDA were already baked into the current market levels- and that the profit taking that followed the reports is the classic- "Buy the rumor and sell the fact."
Anderson does believe that it's a different situation for soybeans, as
soybean market watchers got unexpected news from the reports- and that the
tight stocks that were reported by USDA has convinced the trade that
soybean prices must rise in order to "buy" enough acres to assure an
adequate sized crop in 2011.
We have the conversation that will be seen on SUNUP between Austin Moore and Kim Anderson available early on our website- at least the audio portion of it. Click on our LINK below for that- as well as a COMPLETE rundown of this weekend's SUNUP program.
Click here for a chance to hear Kim Anderson's take on the grain markets- and the full lineup of what will be on SUNUP this weekend.
This weekend- Gray Land and Cattle Sale Today- Clay Pope Talks Conservation with us In the Field on Saturday
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Last call for the Gray Land and Cattle Company Seedstock Sale- today at noon, Dr. Charles Gray will hold his annual production sale of cattle on his ranch on the north side Edmond- not too far off Interstate 35. Click here for details of that sale as found on our calendar pages at OklahomaFarmReport.Com
Saturday morning- our guest on our regular Saturday morning TV segment that is seen during the KWTV News9 Saturday morning two hour news block will be Clay Pope, Executive Director of the Oklahoma Association of Conservation Districts. There's a lot of good news right now in the conservation arena in Oklahoma- and Clay and I will talk about that during my In the Field segment about 6:40 AM on News9.
Next week- there are several things going on- including the 2010 Oklahoma Farm Bureau convention in downtown Oklahoma City. We are especially excited to be a part of their 2010 annual meeting, and will be serving as the Emcee of their Saturday night awards banquet. We hope to see many of you there.
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 $9.60 per bushel, while the 2011 New Crop contracts for Canola are now available are $10.25 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:
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