From: Ron Hays [ron@oklahomafarmreport.ccsend.com] on behalf of Ron Hays [ron@oklahomafarmreport.com]
Sent: Wednesday, March 30, 2011 7:22 AM
To: Hays, Ron
Subject: Oklahoma's Farm News Update
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Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Wednesday March 30, 2011
A service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS Futures!
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-- Coburn Says Senate Obstructing Vote on Ethanol
-- Oklahoma Wheat Crop Headed for Failure Without Rain "Real Soon"
-- Boxed Beef Prices Now Sitting at New, Higher Plateau
-- House Ag Committee Promoting Yes Vote on H. R. 872
-- Beware of the Freemartinism Calf in Your Beef Herd
-- Cattle Grading Competition Helps Kick Off 2011 Southern Plains Farm Show Next Thursday
-- Pupalup is back- with a deal on Decorative Metalworks
-- 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- and their IPHONE App, which provides all electronic futures quotes is available at the App Store- click here for the KIS Futures App 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.

And we salute our longest running email sponsor- Midwest Farm Shows, producer of this past December's Tulsa Farm Show.. Click here for the Midwest Farm Show main website to learn more about their lineup of shows around the country, including the Southern Plains Farm Show coming April 7-9, 2011 in Oklahoma City.

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.

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.


Coburn Says Senate Obstructing Vote on Ethanol
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U.S. Senator Tom Coburn, M.D. (R-OK) released the following statement on Tuesday regarding the Senate's efforts to block a vote on his amendment to eliminate the corporate welfare subsidy for ethanol.

"At a time when our nation is facing a debt crisis, it is an outrage the Senate won't even allow a vote on my amendment to eliminate the ethanol corporate welfare subsidy and save taxpayers nearly $5 billion. If Congress can't cut a corporate welfare subsidy the corporations themselves don't want, what can we cut? Ethanol is a case study of how parochialism trumps progress in Congress. Sooner or later, the Senate will take a vote on this issue," Dr. Coburn said.

The National Petrochemical & Refiners Association (NPRA) informed Dr. Coburn on Tuesday of their support of his amendment. The NPRA joins a broad coalition of organizations on the right and the left who support Dr. Coburn's position.

The amendment in question would repeal the so called VEETC- or "Blenders Credit." According to the backgrounder that we have linked below from Senator Coburn's Senate Web Site- "In GAO's recent study, it found the VEETC is duplicative, because it pays blenders to do something already required by law under the Renewable Fuels Standard (RFS).
Now the VEETC only functions to incentivize the consumption of fuel. "The effect is to encourage blenders to blend ethanol beyond what is mandated, resulting in a supply glut."

You can read more of the backgrounder on the VEETC that Senator Tom Coburn wants to have repealed.


Oklahoma Wheat Crop Headed for Failure Without Rain "Real Soon"
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The 2011 Oklahoma Hard Red Winter Wheat Crop is hanging on by a thread- and that thread could quickly break if rain does not arrive soon on most of the wheat left in the state that has a chance to produce a crop this coming June. According to the CEO of the Oklahoma Wheat Commission, Mike Schulte, many fields in southwest Oklahoma are already candidates to be "zeroed out" by crop insurance adjusters, and may be planted back into a summer crop if rain arrives later in the spring.

Schulte adds that Central Oklahoma's wheat is barely hanging on and needs a rain quickly to have a chance to produce as much as an average yield. Northern Oklahoma wheat fields are in the best shape, but are on the verge of quickly deteriorating unless rain falls in that part of the state.

Schulte talked with farm broadcast colleague Greg Akagi of the Kansas Ag Network about the 2011 Oklahoma winter wheat crop in Manhattan, Kansas on Tuesday at the start of a special seminar being sponsored by Plains Grains, Inc. Click on the LINK for more on Mike's comments to Greg- as well as a chance to hear their conversation.

Click here for the latest on the 2011 Oklahoma Hard Red Winter Wheat Crop with Mike Schulte of the OWC


Boxed Beef Prices Now Sitting at New, Higher Plateau
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Wholesale Boxed Beef Prices may have peaked, but that's not for sure, according to OSU Livestock Market Economist Dr. Derrell Peel. The Boxed Beef Carcass Equivalent price as reported by USDA peaked early last week around $1.89 a pound- backed off quickly during the week- but now is moving higher the first couple of days this week. As of Tuesday evening, Choice Boxed Beef was back to $187.49, $1.07 higher than Monday.

Peel says that tight supplies of available cattle will keep wholesale beef prices from making a rapid retreat in the near future, and he thinks we may be, for the time being, at a new higher than ever, price plateau.

We also talked grain prices and the focus starting to swing from rationing the old crop supplies to worrying about growing the new crop in such a way that it turns into a bumper harvest this fall. You can hear all of these comments on today's Beef Buzz with Dr. Derrell Peel- click on the LINK below to jump to today's Beef Buzz as found on our website.

Click here for today's Beef Buzz with Derrell Peel- talking Boxed Beef and Grain Costs for Cattle Producers.


House Ag Committee Promoting Yes Vote on H. R. 872
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The Chairman of the House Ag Committee, Oklahoma Congressman Frank Lucas, has sent a letter to his colleagues in the US House, asking for a yes vote on HR 872, the Reducing Regulatory Burdens Act of 2011.

In the letter, Mr. Lucas, along with ranking member Collin Peterson, Subcommittee Chairlady Jean Schmidt and her ranking member Joe Baca, explain to thieir colleagues that "The bill eliminates a costly and duplicative permitting requirement for the application of pesticides. The requirement is the result of a misguided court decision in National Cotton Council v. EPA by the Sixth Circuit Court of Appeals. This permit requirement is an economic burden to all from the federal government to state agencies, from farmers to foresters, from public health agencies to every day citizens."

They add that "H.R. 872 makes clear that it was never the intent of Congress to require this redundant layer of bureaucracy. Especially since the Environmental Protection Agency (EPA) already comprehensively regulates the distribution, sale and use of pesticides."

Click on the LINK below to see the full letter- plus click here to see a letter generated to all members of the US House from a large coalition of agricultural organizations and Agribusiness trade groups that also urges a "yes" vote on H.R. 872.

Click here for the text of the letter sent by Congressman Lucas and others on the House Ag Committee on HR 872.


Beware of the Freemartinism Calf in Your Beef Herd
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According to OSU Extension Animal Scientist Glenn Selk, Freemartinism is recognized as one of the most severe forms of sexual abnormality among cattle. This condition causes infertility in the female cattle born twin to a male. When a heifer twin shares the uterus with a bull fetus, they also share the placental membranes connecting the fetuses with the dam.

A joining of the placental membranes occurs at about the fortieth day of pregnancy, and thereafter, the fluids of the two fetuses are mixed. This causes exchange of blood and antigens carrying characteristics that are unique to each heifers and bulls. When these antigens mix, they affect each other in a way that causes each to develop with some characteristics of the other sex.

In this week's Cow-Calf Corner- an electronic newsletter that Dr. Selk and Derrell Peel release on a regular basis, Dr. Selk spotlights this genetic disorder that can be a real headache for cattle producers. Click on the LINK below to read more of his comments on Freemartinism.

Click here for more on Freemartins- and the problems they pose in a beef cattle herd.


Cattle Grading Competition Helps Kick Off 2011 Southern Plains Farm Show Next Thursday
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At 9AM next Thursday, a commercial cattle grading scholarship competition will be a kick off event for the SOUTHERN PLAINS FARM SHOW. The top scoring individual overall will receive the Rick Jones Memorial Scholarship in the amount of $2000.00. Rick Jones was a lifelong cattleman and a founding partner of OKC West Livestock Market, Inc.; El Reno, OK. Rick always realized the importance of having a good eye for cattle, feeling it was the single most important key to success in any aspect of the cattle business. He always encouraged young people who were interested in the cattle business and will continue to do so through the memorial scholarship bearing his name. The competition will take place outdoors in the airplane court at State Fair Park.

Midwest Shows Scholarship Programs Inc. is presenting the competition that is open to all FFA and 4H members. Those participating will first attend a one-hour seminar on grading presented by Gary Bledsoe, Oklahoma Department of Agriculture Consultant on Rural Development and Jason Harvey Oklahoma Department of Agriculture Market Development Coordinator. Following the presentation, teams of 4 contestants will grade 15 head using the criteria covered in the seminar. Scoring will be supervised by OSU Extension/4H and Oklahoma Careertech Ag Education department district program specialists.

A total of 30 scholarships totaling $6300.00 will be awarded to the top three FFA teams, the top three 4H teams and the top three individuals from FFA and the top three individuals from 4H. There will also be an open class for individuals not participating in the scholarship competition. First place team members and High individuals from both FFA and 4H also receive a $50.00 Gift card from Tener's Western Outfitters in Oklahoma City.

Click here for the Schedule for next week's Southern Plains Farm Show


Pupalup is back- with a deal on Decorative Metalworks
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During football season, Cowboy fans gallop to M/E Ironworks huge tent display on the North side of Boone Picken's stadium to check out the latest in Cool Cowboy metal works. Matt and Eva Piearcy hand craft fun stuff like Sillouettes of the Cowboy Posse, OSU metal yards signs, grills and grates to full size gates; if it's metal and cool, you will find it at M/E Ironworks.

And with your Pupalup.com deal, you can get $80 worth of the Steel chiseled in in Cowboy land for just $40 and you won't have to wait until football season! Choose from their online catalog or visit their store outside Crescent, but get this deal from Pupalup.com and save $40

Three Pupalups may be purchased and combined if desired for higher priced items. Click on the LINK below to go and see the half price deal that is available the balance of this week.

Click here for more on this half price M/E Metalworks Deal from Pupalup


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.

Click here to check out WWW.OklahomaFarmReport.Com


Let's Check the Markets!
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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 $9.80 per bushel, while the 2011 New Crop contracts for Canola are now available are $10.75 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:
Our Daily Market Wrapup from the Radio Oklahoma Network with Ed Richards and Tom Leffler- analyzing the Futures Markets from the previous Day-
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.
Previous Day's Wheat Market Recap- Two Pager From The Kansas City Board of Trade looks at all three US Wheat Futures Exchanges with extra info on Hard Red Winter Wheat and the why of that day's market.
Daily Oklahoma Cash Grain Prices- As Reported by the Oklahoma Dept. of Agriculture.
The National Daily Feeder & Stocker Cattle Summary- as prepared by USDA.
The National Daily Slaughter Cattle Summary- as prepared by USDA.
Finally, Here is the Daily Volume and Price Summary from the Texas Cattle Feeders Association.



God Bless! You can reach us at the following:
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phone: 405-473-6144
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