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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!
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 $11.25 per bushel-
2012
New Crop contracts for Canola are now available at
$11.49 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
Monday,
December 5,
2011
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Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
Ag
Committee Chairman Frank Lucas Calls for Subpoena
of Former Senator Jon Corzine to appeal at MF
Global Bankruptcy
Hearing
In
a committee meeting at the end of this past week,
Chairman Frank Lucas made the following comments
regarding the upcoming hearing to examine the MF
Global bankruptcy. This meeting was held to
consider the issuance of a subpoena to compel the
attendance of Mr. Jon Corzine to attend the
hearing next week. The following is Chairman
Lucas' opening statement.
"Next Thursday
(December 8), this Committee will hold a hearing
to examine the MF Global
bankruptcy. The events that have
unfolded since October 31st are unprecedented, and
have resulted in the loss of property for many of
our constituents, and a loss of confidence in the
futures markets for many more.
"It is this
Committee's responsibility to shed light on the
facts and circumstances surrounding the
bankruptcy, and the efforts underway to recover
customer funds and return them to their rightful
owners.
"The Committee
has invited a comprehensive list of witnesses to
that end. At this time, we have yet to receive
confirmation of attendance by a critical and
material
witness.
"Therefore, the
purpose of today's meeting is to consider the
issuance of a subpoena to compel the attendance of
Mr. Jon Corzine before this Committee on December
8th. I assure you, the Ranking
Member and I do not take this action lightly.
However, we agree that his testimony is essential
to fulfill our objectives on behalf of our
constituents and to complete the hearing
record."
Earlier
this past week- the Senate Ag Committee held a
hearing on this same subject- after a host of ag
groups pushed for answers in the MF Global
debacle. A diverse coalition of groups- from
American Farm Bureau to the National Association
of Wheat Growers as well as the American Soybean
Associaton and National Corner Growers plus Ag
Lenders and Agribusiness penned the letters to
both the House and Senate Ag Leadership. Click here for our story from the end
of this past week about that call for answers
by these ag groups- including a copy of the letter
sent to Frank Lucas and the other ag committee
leaders. |
Sponsor
Spotlight
We
are 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.
We
are also pleased to have American Farmers &
Ranchers Mutual Insurance Company as a regular
sponsor of our daily update- click here to
go to their AFR website to learn more about their
efforts to serve rural America!
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Be
Prepared for Colder Weather this
Winter
Stocker
cattle producers have many challenges to manage:
animal health, increasing costs of inputs and
fluctuating cattle prices. According to Bryan
Nichols, Ag Research Associate at the Noble
Foundation, however, one of the most difficult
challenges may be Mother Nature. A Noble
Foundation research project that began in late
2010 proves this point.
The project was to
evaluate the potential of a new mineral supplement
on stocker cattle health and performance. In
December 2010, research pastures were stocked at
one head per acre with the stocking rate increased
to two head per acre in the spring. The treatment
was administered weekly and poloxalene, an
anti-bloating agent, was provided in blocks.
Animals were backgrounded according to industry
standards prior to the study, and weights were
recorded every 28 days.
On day 61 of the
study (Feb. 1), a winter blast hit the study site.
We woke up that morning to snow, ice and 10 degree
Fahrenheit temperatures. By Feb. 4, snow and ice
forced destocking of the pastures. To maintain
animal health and the study's integrity, animals
were held in a common bermudagrass pasture,
offered free-choice bermudagrass hay and limit-fed
alfalfa hay at 15 pounds per head per day until
the weather improved. On Feb. 11, conditions
improved enough that cattle were placed back on
their respective pastures, and the study
resumed.
Click here for more tips from Bryan
Nichols with the Noble Foundation on preparing for
winter. |
 Another
Shot of Rain Helps Get Wheat, Canola and Late
Season Pastures Ready for
Winter
Rain
rolled across most of Oklahoma on Friday evening
and into Saturday- offering another much
appreciated shot of rainfall as we move into the
winter season. These showers across Oklahoma will
keep the pressure on reducing the percentage of
drought across the state going for the next couple
of weeks.
The
heaviest amounts of rain this past weekend came in
far southeastern Oklahoma, where amounts exceeded
two inches of rainfall. Much of the rest of
the main body of the state got another half inch
of rainfall or more- with some localized areas
topping that.
The
most recent Drought Monitor has the level of
exceptional drought down to about ten percent in
the state- we have the graphics for the latest
Drought Monitor as well as a look at the weekend
rains for you to review by clicking here for our weather recap
page as found in our farm news segment of our
website-
OklahomaFarmReport.Com.
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Drought
of 2011 Likely to Leave a Shortage of Sorghum Seed
Producers
that intend to plant grain sorghum or sorghum for
hay (hay grazers) should be aware that the drought
and heat during the summer of 2011 affected seed
production. According to Rick Kochenower, OSU
Department of Plant and Soil Sciences, as many
producers' yields were affected in 2011, so were
the crops of the seed companies. In recent
conversations with sorghum industry
representatives, they indicated there would be a
shortage of seed for the 2012 crop year.
The most severe shortage is with the hay
grazer types. If a producer plans on utilizing the
forage or haying sorghums they need to contact
their seed dealers and order soon. Indications are
if you wait and order seed in the spring as normal
none will be available. In fact, some seed
companies have indicated that seed of certain
forage and haying sorghum hybrids are already sold
out.
The best way to describe the seed
availability of grain sorhgum is tight. For some
hybrids there will be plenty of seed and for
others supplies will be limited. Therefore, if you
have a favorite hybrid you plant, it would best to
contact your seed dealer and order seed as soon as
possible.
Click here for more from Rick
Kochenower on sorghum seed
shortage. |
National
Institute for Animal Agriculture's White Paper
Addresses Use of Antibiotics in Food Animals
Antibiotic
use in food-animal production is the focus of a
White Paper recently released by the National
Institute for Animal Agriculture (NIAA). The White
Paper is a summary of science-based information
delivered by the 13 human health and animal health
speakers and symposium participants at the
"Antibiotic Use in Food Animals: A Dialogue for
Common Purpose" symposium in Chicago, Oct.
26-27.
"Critics and proponents of the use
of antibiotics in livestock have conflicting views
on the correct interpretation of the body of
evidence related to agricultural use of
antibiotics and the development of resistant
organisms," states Dr. Len Bull, chairman of the
symposium. "This White Paper, written in laymen
terms, will help individuals understand what the
science shows to date and why each of us have a
responsibility toward achieving the unified goal
of 'One Health: Healthy People, Healthy Animals,
Healthy Food'."
The White Paper provides
science-based information regarding the use of
antibiotics in food-animal production, human
health implications relative to antibiotic use and
methicillin-resistant Staphylococcus aureus (MRSA)
in livestock. A significant portion of the White
Paper addresses the controversial topic of
antimicrobial resistance. Citing that
antimicrobial resistance is not a black-and-white
issue, the White Paper notes that "the ultimate
priority about antibiotic use going forward is the
development of well-established, science-based
criterion in the regulatory decision-making
process."
Click here for more from NIAA and a
link to a copy of the White
Paper. |
Gov.
Mary Fallin and Ag Secretary Jim Reese Ask
Department of Labor to Reconsider Regulations for
Youth in Ag
Many
people in the agricultural industry are aware of
the proposed changes concerning child labor and
the family farm by the Department of Labor.
Oklahoma Gov. Mary Fallin and Agriculture
Secretary Jim Reese worked together to compile a
letter with concerns regaring these proposals to
send to Hilda Solis, Secretary for the Department
of Labor.
In the letter, both Gov. Fallin
and Secretary Reese express concern for the youth
of Oklahoma and America losing the ability to work
on family farms and farms of neighbors and
friends. They also point out that many of the
skills learned on the farm by youth are brought
about by running equipment, riding horses, and
sorting cattle.
Also, in this letter, Gov.
Fallin and Secretary Reese state that there are
simply too many exemptions and exceptions that
have to be made with this new rule. They also
state that Oklahoma and America need more farmers,
not less, which they foresee happening with this
rule.
Click here for a link to a PDF copy
of the letter sent by Fallin and Reese.
Also
responding to the proposed child labor
regulations, the American Farm Bureau Federation
this past week filed comments on behalf of more
than 70 agricultural organizations in response to
a proposal by the Labor Department that would
limit youth employment opportunities on farms and
ranches. AFBF also filed separate comments on its
own behalf supplementing its views on the DOL
proposal. Click here for more on our story
about the AFBF filing their comments taking
aim at the Department of Labor on these rural
youth labor rules. |
NCBA
President Urges for No Appeal on World Trade
Organization Ruling on COOL
The
following remarks and comments on the WTO ruling
regarding country of origin labeling is courtesy
of Tom Fields with NCBA.
"National
Cattlemen's Beef Association (NCBA) President Bill
Donald penned a letter to U.S. Trade
Representative Ron Kirk on Nov. 28, 2011, urging
him not to appeal the most recent World Trade
Organization (WTO) ruling on the country of origin
labeling (COOL) case filed by Canada and Mexico.
Donald said NCBA has reviewed the WTO report and
believes the ruling was based on a solid and
thorough analysis of the issue. Rather than
allocating time and resources on an appeal, Donald
encouraged Ambassador Kirk to find a meaningful
and effective way to bring the United States into
WTO appliance and avoid jeopardizing two of the
most important markets for U.S. beef.
In
2010, Mexican consumers purchased $819 million
worth of U.S. beef. Canadian consumers purchased
$733 million of beef from the United States.
Through September of this year, Mexican consumers
purchased nearly $733 million of U.S. beef, which
is a 25 percent increase over the same period in
2010. Canadian consumers have already outpaced
last year's numbers by purchasing $788 million
worth of U.S. beef so far this year.
Donald said the main concern of the oldest
and largest national organization representing the
U.S. cattle industry is that a failure to comply
with the WTO decision will provide Canada and
Mexico an opportunity to place retaliatory tariffs
on U.S. goods."
Click here for more from NCBA on the
WTO ruling for country of origin
labeling. |
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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