~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Thursday February 10,
2011 A
service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS
Futures!
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-- OUCH!!! Oklahoma Goes Well Below Zero
-- EPA Administrator Takes Stance Against GOP Plan to Halt Regulation
of CO2 Gases
-- USTR Ron Kirk Says Korean FTA Will Go to the Hill Soon- But Not
Columbia and Panama
-- Oklahoma Congressman Frank Lucas Now Has an Oversight Agenda in
Place for 2011
-- Latest Supply Demand Report Reflects More Corn Bushels Headed to
Ethanol
-- Pfizer Animal Health Vet Says Spring Deworming Protects Your
Cattle and Your Profits
-- Partial Counter-Cyclical Payments Not 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. | |
OUCH!!! Oklahoma Goes Well Below Zero ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ If I had told
you that we were three degrees below zero in the Oklahoma City area- you
would expect that was one of the lowest temperatures in the state- but
this morning, that's not even close to the lowest temperature in the
northern half of our state- Marshall- the home of the OSU wheat pasture
research site- has the dubious honor of one of the very coldest spots this
morning at 22 degrees BELOW zero.
The combination of the second significant snow storm in as many weeks and the ridiculous temperatures have many schools closed again- and several ag related events postponed as well. Both OKC West in El Reno and the Southern Oklahoma Livestock Auction in Ada were closed yesterday because of the problem of getting cattle moved from the country to town. Also we have been told the following meetings have been canceled for
today- Click here for our weather page with links to several of our weather gurus that we check with on a regular basis. And we have pulled one graphic from the Mesonet that shows the number of hours we have been below zero- with those numbers to grow for at least another 30 hours or so in most locations as little of Oklahoma is expected to sneak above freezing today. | |
EPA Administrator Takes Stance Against GOP Plan to Halt Regulation of CO2 Gases ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The head of
the Environmental Protection Agency on Wednesday criticized a bill drafted
by Republicans on the House Energy and Commerce Committee, saying it would
strip the agency of its ability to curb greenhouse gas emissions. Click
here for our webstory of her opening comments to the Committee on
Wednesday.
The committee's proposed Energy Tax Prevention Act of 2011 would
"eliminate portions of the Clean Air Act, the landmark law that all
American children and adults rely on to protect them from harmful air
pollution," EPA Administrator Lisa P. Jackson told a packed committee
hearing. Under questioning, Jackson says that agriculture will not be directly regulated until after 2013. But the American Farm Bureau Federation and others have argued if the courts strike down EPA's so-called tailoring rule - which minimizes impacts on small emitters - then agriculture will feel the full force of the regulations before then. And it might happen anyway, under EPA's timetable by 2016. Click here for more on the agricultural concerns of Greenhouse Gas Regulations | |
USTR Ron Kirk Says Korean FTA Will Go to the Hill Soon- But Not Columbia and Panama ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ In a House
Ways & Means Committee trade hearing Wednesday, U.S. Trade
Representative (USTR) Ron Kirk said President Obama will submit the Korean
Free Trade Agreement to Congress "in the next few weeks," aiming for
congressional approval "this spring."
However, according to a report on Agri-Pulse, the Obama Administration is no where close to being willing to send the FTAs with Panama and Columbia. Agri-Pulse reports "In the case of Colombia and Panama, however, Kirk warned that "there remain serious issues to be resolved before these agreements can be submitted for congressional consideration and some of these issues go to our core U.S. values and interests such as the protection of labor rights." He said "Any timetable will be contingent on the successful resolution of these issues" including "violence against labor leaders and prosecution of the perpetrators" in Colombia. Kirk noted that the administration is sending a team of USTR negotiators to Colombia next week to continue work on finalizing the FTA. "Drawing on all the times they've worked together in the past as fellow Texans with a shared passion for exports, Rep. Sam Johnson, R-Texas, called on Kirk to work harder to get all three pending FTAs finalized. Kirk responded that while he maintains his passion for exports, as USTR he now must consider the entire country - including his Detroit in-laws and others who feel their regions have been hurt, not helped, by trade. He pointed out that "there are strong differences on this committee, whether we go forward or not" and that his job is to "restore the American public's faith" in the benefits of trade." Click here for more from Agri-Pulse on where the Administration is on these Free Trade Agreements | |
Oklahoma Congressman Frank Lucas Now Has an Oversight Agenda in Place for 2011 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The House
Agriculture Committee meets Thursday to consider first an "Oversight Plan"
for reviewing the full range of federal programs and policies affecting
agriculture and then "To review implementation of title VII of the
Dodd-Frank Wall Street Reform and Consumer Protection Act." In preparation
for the meeting, Committee Chair Frank Lucas, R-Okla., has drafted an
oversight plan to include not just the Farm Bill and virtually all USDA
programs- but lots of environmental issues as well.
The plan includes the following highlights: This list is just a very small sample of multi-page list that
Congressman Lucas has developed. | |
Latest Supply Demand Report Reflects More Corn Bushels Headed to Ethanol ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ USDA once
again lowered its forecast for U.S. corn ending stocks in the year ending
September 2011, citing stronger use for ethanol and high fructose corn
syrup, and raising projected average prices to $5.05 to $5.75 per bushel
from $4.90 to $5.70 last month.
USDA put U.S. corn ending stocks at 675 million bushels. Analysts on average had expected ending stocks at 728 million bushels, according to a Reuters poll, so the new USDA forecasts sent corn futures prices over $7.00 a bushel- they settled on Wednesday afternoon at $7.13 a bushel. Corn used for ethanol is projected 50 million bushels higher on a higher-than-expected November final ethanol production estimate and weekly ethanol data that indicate record output for December and January. Click here for more details from the USDA Supply Demand Report for all of our major commodities | |
Pfizer Animal Health Vet Says Spring Deworming Protects Your Cattle and Your Profits ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Economically
important parasites often differ according to geographic region, but,
according to Gary Sides, Cattle Nutritionist, Pfizer Animal Health
Veterinary Operations, there is one parasite for which cattle producers in
all parts of the country should keep an eye out this spring: the brown
stomach worm.
Sides says that the brown stomach worm is the No. 1 most damaging internal parasite in cattle. Because the brown stomach worm, and other stomach worms, are bloodsuckers, they cause irritation and inflammation to the stomach and intestinal linings of cattle. As a result of inflamed or irritated stomach lining caused by parasites, infected cattle can't properly absorb nutrients as they normally would. In fact, research has shown that the brown stomach worm and other
parasites could cost the industry up to $3 billion annually in lost weight
gains, poor feed conversion and increased disease. | |
Partial Counter-Cyclical Payments Not Coming ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Farm Service
Agency Administrator Jonathan Coppess says there will be no partial
2010-crop counter-cyclical payments to producers of certain covered
commodities. He says - for all covered commodities and peanuts, market
price projections exceed levels that would trigger these payments. The
commodities include: wheat, corn, grain sorghum, barley, oats, upland
cotton, long grain rice, medium grain rice, soybeans, sunflower seed,
rapeseed, canola, safflower, flaxseed, mustard seed, crambe, sesame seed,
dry peas, lentils, small chickpeas, large chickpeas, and peanuts.
Counter-cyclical payments are authorized by the 2008 Farm Bill to provide producers with a safety net during periods of low crop prices; but, Coppes says, - I know our farmers overwhelmingly prefer to receive compensation for their efforts from the marketplace. Also, USDA says it will not issue final 2009-crop counter-cyclical payments for long grain rice and medium grain (including short grain) rice because their average market prices exceeded levels that would trigger these payments. | |
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 $10.45
per bushel, while the 2011 New Crop contracts for Canola are now available
are $11.25 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: | |
God Bless! You can reach us at the following: ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
email: ron@oklahomafarmreport.com
phone: 405-473-6144
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