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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 newsfrom
Ron Hays on RON.
Let's Check the
Markets!
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:
Current
cash price for Canola is $11.69 per bushel-
2012
New Crop contracts for Canola are now available at
$11.92 per bushel- delivered to local
participating elevators that are working with PCOM.
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.
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Oklahoma's
Latest Farm and Ranch News
Your
Update from Ron Hays of RON
Thursday, November
17, 2011
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Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
Commodity
Groups Together Call for a Balanced Farm
Bill
Commodity
groups representing cotton, rice, peanuts and
grain sorghum are urging the development of a farm
bill that maintains equity among all of U.S.
agriculture.
"The leadership of these
commodity organizations is pleased with efforts by
the Agriculture Committees to craft a responsible
set of farm programs that maintains balance and
ensures that deficit reduction is equitably shared
across commodities and regions," said NCC Chairman
Charles Parker, a Missouri cotton producer. "All
of us in agriculture need to work together to
achieve the best possible policy. Policy must be
crafted to recognize differences in costs of
production and avoid the disproportionate impacts
of a one-size-fits-all policy."
The
commodity groups reiterated support for a farm
policy structure that recognizes the inherent
differences in production practices across the
major crops and urged the Committees to develop a
set of programs that will best serve all
commodities. While supporting policy that promotes
market-oriented and flexible cropping decisions,
the groups urged the Committees to be mindful of
the potential imbalance and disproportionate
effects of payment limits.
Parker
said the NCC leadership has been working hard to
assist in the development of a farm bill that's
balanced among all of agriculture, as well as
fiscally responsible, because that's the type of
legislation that will best serve this
nation.
Click here for more from these
commodity groups on the Farm
Bill. |
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Senator
Jim Inhofe Requests Fee Reduction for CRP
Participants
Following
this year's severe drought in states including
Oklahoma and Texas, U.S. Sen. Jim Inhofe (R-Okla.)
requested U.S. Department of Agriculture (USDA)
Secretary Thomas Vilsack to reduce or eliminate
fees to Conservation Reserve Program (CRP)
participants who participate in emergency grazing
and haying during periods of severe droughts.
Inhofe was joined on the letter by U.S. Sens. John
Cornyn (R-Texas) and Kay Bailey Hutchinson
(R-Texas).
In previous years, the USDA has
reduced payments to CRP participants by up to 15
percentage points during stretches of severe
weather. This last reduction occurred in 2008.
"Like many times before, the USDA must
once again help our livestock producers and CRP
participants by reducing emergency grazing and
haying fees after this year's drought," said
Inhofe. "This is a simple way to assist the
agricultural community during their time of need.
The current assessment fee for CRP participants of
25 percent is simply too high considering the
actual economic value of the haying and grazing.
In previous years, the USDA has reduced this fee,
and they must act again to help our nation's
livestock producers recover from this devastating
drought."
Click here for more on this request
by Senator Inhofe and a link to a copy of the
letter. |
Congress
Halting Work on GIPSA Rule- USDA Secretary Calls
That Disrepect for the Process
Even
though US Secretary of Agriculture Tom Vilsack is
on the other side of the world- in Vietnam on an
agricultural trade mission- reporters asked and he
responded in a teleconference on Wednesday to the
move by the Appropriations Conference Committee
that has finalized their work and has sent back to
the House and the Senate the FY2012 Ag
Appropriations Bill this week that includes
language to restrict USDA from continuing
implementation work on the GIPSA rule that will
impact the marketing of livestock in this
country.
Appropriators
blocked USDA from working on implementation of the
GIPSA rule if it has more than $100 million worth
of impact on the economy. USDA contends that the
"final rule" and the "interim rule" released by
USDA in recent days fall under that threshold. The
disappointment that was expressed by Vilsack comes
from USDA's desire to craft further rules from the
original rule from the sections of the proposal
that dealt with competitive injury. USDA conducted
a cost benefit analysis- but has chosen not to
release that work by USDA's Chief Economist Joe
Glauber and his staff- so there is no way of
knowing what the cost to the industry might be on
the parts of the GIPSA rule that were left to be
worked up and re-released by the agency. Now, it
appears that Vilsack and USDA will have to drop
plans to move forward with further work on
GIPSA.
The
Secretary is not happy with that move- and his comments can be heard by clicking
here for today's Beef Buzz with Secretary
Vilsack- a regular feature heard on many of our
radio stations across the Radio Oklahoma
Network. You can also go to our website and
click on the Beef Buzz button on the left hand
side of any page- and see and hear previous Beef
Buzz shows that are archived there.
|
National
Farmers Union Laments Defunding of GIPSA and
Dodd-Frank
National
Farmers Union (NFU) sent a letter to all members
of Congress expressing concerns with the Fiscal
Year 2012 (FY 2012) agriculture appropriations
language in the conference committee report for
H.R. 2112.
The conference committee
included a policy rider that would prevent the
U.S. Department of Agriculture (USDA) from making
any further progress on the Grain Inspection,
Packers and Stockyards Administration (GIPSA)
rule. The rider effectively prohibits USDA from
issuing any other rules related to GIPSA beyond
what was sent to the Office of Management and
Budget (OMB) on Nov. 3. As a result, only some of
the poultry provisions included in the original
GIPSA rule will be published as a Final or Interim
Final rule, and none of the pork or beef aspects
of the rule will be finalized.
"The report
is disheartening for the fate of U.S. family farm
agriculture," said NFU President Roger Johnson.
"The policy rider that precludes implementation of
the GIPSA rule is upsetting. Political pressure
and disingenuous economic studies paid for by
meatpackers and processors have stopped the rule
that would have returned basic fairness and
competition provisions to farmers and
ranchers."
Click here for a link to the letter
and more from Roger
Johnson. |
Can
Wheat Pasture Be Used for Pregnant
Heifers?
Last
week's rain showers give some Oklahoma producers
hope that wheat pasture may be available in late
November or early December. According to Dr. Glenn
Selk, Oklahoma State Univerity Emeritus Extension
Animal Scientist, wheat pasture (if adequate
rainfall produces growth) can be used as a
supplement for pregnant replacement heifers.
Using
wheat pasture judiciously makes sense for pregnant
heifers for two reasons. Pregnant heifers
consuming full feed of wheat pasture will gain at
about 3 pounds per head per day. If they are on
the wheat too long, the heifers can become very
fat and cause calving difficulty. Also the wheat
pasture can be used for gain of stocker cattle or
weaned replacement heifers more
efficiently.
In the early
1990's, a two year study was
conducted with bred replacement heifers on three
different wintering diets. Group 1 was placed on
wheat pasture full time from the first week of
December until the first week of February. Group 2
heifers were given access to a self-feeder with a
growing ration that was developed to mimic the
growth of the wheat pasture heifers. Group 3
heifers were wintered on native range and fed 3
pounds per day of 40% protein cube. At the
beginning of calving (February 7) and until spring
all heifers were on native range and fed the 40%
protein supplement.
Click here for more from Dr. Glenn
Selk on utilizing wheat
pasture. |
Strong
Demand for U.S. Soybean Abroad
Federal
government figures show U.S. soy continues to be
in strong demand among international
customers.
Buyers outside of the United
States purchased 1.5 billion bushels of whole U.S.
soybeans in the latest marketing year, according
to the U.S. Census Bureau. That makes U.S. soy one
of the largest agricultural exports. And U.S.
agriculture continues to lead all economic sectors
with a positive balance of
trade.
"Increasing demand for U.S. soy
abroad has been the cornerstone of the
soybean-checkoff-funded marketing efforts for the
past 20 years," says Jim Call, a soybean farmer
from Madison, Minn. Call also chairs the United
Soybean Board (USB) International Marketing
program. "We focus not just on China, but on
increasing sales in other international markets,
as well."
Soy users in China weighed in as
the top international customers of whole U.S.
soybeans buying 895 million bushels, up from 825
million bushels during the 2010/2011 marketing
year.
Click here for more on the U.S.
soybean international
demand. |
Has
Drop Dead Time Arrived for a Farm Bill
Deal?
The
2012 Farm Bill negotiations continued to have more
story lines than a top rated soap opera- but at
least one DC observer says the time for a deal is
right now if the Ag Committee Leaders want to
catch the Super Committee Train as it leaves the
station next week.
Keith
Good with AgPolicy.Com quotes David Rogers of
Politico in this morning's diatribe on the Farm
Bill discussions- Rogers has talked with Oklahoma
Lawmaker and House Ag Committee Chairman Frank
Lucas. Lucas told the political reporter "This is
like the ocean - you pitch up, and you pitch down
and you pitch up. And right now, we are on the
upside of a wave. The devil's in the details here,
but I am more optimistic now than I have been in
several days."
The Politico article added that,
"Twenty-four hours before, the outlook appeared
much darker given fresh cost estimates from the
Congressional Budget Office showing that the
commodity title in the draft farm bill was at risk
of overshooting the spending target by as much as
$7 billion to $8 billion over 10 years. The chief
culprit was the Senate's insistence on a more
generous structure for a new revenue insurance
program for farmers, and as a result, Lucas and
Agriculture Committee leadership have been pitted
against powerful Senate Democrats from Great
Plains wheat country."
We
had also heard from one respected farm lobbyist
that it's still just Lucas and Stabenow and their
staffs- Roberts and Peterson have yet to have been
brought in on a final deal- and the two Ag
Committees will have to be briefed before a deal
will be sent on to the Super Committee. That
lobbyist adds it appears that the "shallow loss"
program is the culprit when it comes to the
horrible CBO score that the draft proposal
received.
Keith
Good picks up tidbits from several other articles-
click here for his latest work on
the ongoing but soon to end Farm Bill
Follies. |
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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