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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 $11.29 per bushel-
2012
New Crop contracts for Canola are now available at
$11.43 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
Wednesday,
December 14, 2011
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Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
Tom
Sell has had a lot of experience with the Farm
Bill and agricultural policy process over the
years. Currently with Combest, Sell and
Associates, Sell has also worked with the former
Chairman of the House Ag Committee, Larry Combest,
on the 2002 Farm Bill and also served as his Chief
of Staff.
Sell says that agricultural
policy is always difficult to pass and Chairman
Frank Lucas has a very difficult proposition in
sheparding a bill that is going to be good for
producers through the House of Representatives.
However, Sell adds that Chairman Lucas has done an
excellent job in dealing with the process of the
Super Committee, which ultimately wasn't a process
chosen by Chairman Lucas or Senator Debbie
Stabenow.
As we move forward in the Farm
Bill process, Sell says that he expects a new
round of hearings to begin to look at what has
been done already and to see what could be
improved. While the dynamics are the same, Sell
also says that the committee is going to keep
developing.
As far as a timeline of the
next Farm Bill, Sell says that there is a push to
get a new Farm Bill established because if it is
not done before the other expires, the law
automatically reverts to the 1949 law, which he
says no one wants to see happen. If the new Farm
Bill is not completed by then, Sell says an
extension will have to be
considered.
Click here to listen to our
conversation with Tom Sell on the Farm
Bill.
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Sponsor
Spotlight
We
are 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!
And
we salute our longest running email sponsor-
Midwest Farm Shows, producer of the
springtime Southern Plains Farm Show as well as
the just concluded Tulsa Farm Show held each
December. This year's event was a great success-
with 300 exhibitors from around the country
showing off all that is new in the world of
agriculture. Click here for the
Midwest Farm Show main website to
learn more about their lineup of shows around the
country! |
Chairwoman
Stabenow Questions MF Global Executives on $1.2
Billion in Missing Customer
Funds
Senator
Debbie Stabenow, Chairwoman of the U.S. Senate
Committee on Agriculture Nutrition and Forestry,
questioned MF Global executives over the
circumstances that led to the collapse of the
financial firm and the estimated $1.2 billion in
missing customer funds during a Committee hearing.
Stabenow probed former MF Global CEO Jon Corzine,
other MF Global executives, and regulators who
oversee the commodities markets.
Stabenow
also had MF Global customers describe how the
firm's bankruptcy has impacted their lives, and
questioned the trustee charged with attempting to
find and return customer money to them. In a break
with traditional Senate protocol, which would
normally have MF Global executives open the
hearing, Senator Stabenow gave customers the
opportunity to be heard first.
"This
hearing is about three things: getting the
customer's money back, holding anyone engaged in
wrongdoing accountable, and ensuring that proper
customer protections are in place so that
something like this doesn't happen again,"
Chairwoman Stabenow said. "Our farmers and
ranchers have lost trust in the system. They
believed that there were safeguards in place to
protect their money in exactly this situation. A
fundamental principle of futures trading is that
customer money must always be kept separate from
the firm's money."
Click here for more from Chairwoman
Stabenow on this
hearing. |
Oklahoma
Wheat Growers Association Approve a Variety of
Resolutions
Wheat
producers attending the 2011 Oklahoma Wheat
Growers Association Annual Meeting approved
resolutions for the organization to use as their
policy positions on a variety of subjects.
Everything from the Farm Bill to Tax policy and
more was covered in the document okayed Saturday
by members.
On the Farm Bill- the OWGA
states that they "support ideas for the Farm Bill
that meet the goals of: 1) providing a safety net
for the farm operator; 2) a safe environment; 3)
the production of a safe and adequate food, feed,
fuel, and fiber supply; and 4) continuing to
support conservation programs.
"Government
farm programs should focus on providing farmers
with downside risk protection.
"We support
a policy tool that continues to provide a fixed
share of the federal budget allocation; as a
safety net such as direct payments, revenue
assurance programs and crop insurance for all
crops including graze out."
Click here for more approved
resolutions by the Oklahoma Wheat Growers
Association. |
Over
50 Thousand Oklahoma Acres Enrolled in Carbon
Credit Program
Over
50 thousand acres of Oklahoma farm and ranch land
has now been enrolled in a voluntary program that
rewards landowners for good natural resource
stewardship that sequesters carbon in the soil
while providing additional conservation benefits,
according to Joe Parker, President of the Oklahoma
Association of Conservation Districts (OACD).
"We are extremely excited about the
response we have seen from agriculture producers
to this unique, one-of-a-kind program," Parker
said. "By helping landowners sell the carbon
credits generated on their land when they practice
good conservation, we are rewarding them not just
for the carbon they are sequestering, but also for
the other benefits the practices they are
undertaking on their land generate, including
controlling soil erosion, improving wildlife
habitat and protecting water. This is a great way
to help address numerous natural resource issues
while putting a little money in producer's
pockets."
Started as a pilot project on
the North Canadian River system, the Oklahoma
Carbon Initiative has now grown to a state-wide
program with acres under contract in all parts of
Oklahoma. Farmers, ranchers and
other landowners throughout the state are now
receiving per acre payments on conservation
practices ranging from conversion of conventional
till crop production practices to no-till
cropping, improved pasture management, conversion
of marginal crop land to grass and improved range
management based on the amount of carbon these
practices store in the soil.
Click here for more information from
OACD on the carbon
program. |
Clean
Line Energy Signs Agreement with Fluor to Support
Transmission Line Project
Plains
and Eastern Clean Line LLC (Plains & Eastern
Clean Line), an affiliate of Clean Line Energy
Partners LLC (Clean Line) of Houston, Texas, is
pleased to announce a memorandum of understanding
(MOU) with Fluor Corporation (NYSE: FLR). Under
the MOU, Fluor will provide development support,
preliminary engineering, procurement and
construction services (EPC) for the first phase of
the Plains & Eastern Clean Line transmission
line project. The Plains & Eastern Clean Line
will connect thousands of megawatts of clean
energy generation from western Oklahoma, southwest
Kansas, and the Texas Panhandle to Tennessee,
Arkansas, and other markets in the Mid-South and
Southeast.
"We are excited about the
momentum building around the Plains & Eastern
Clean Line project. Clean Line is committed to
working with local businesses and vendors and our
agreement with Fluor will help us build the supply
chain around this project that will benefit the
communities in our project area," said Michael
Skelly, President of Clean Line Energy. "Fluor's
experience and expertise building large
infrastructure projects will help us fulfill our
mission of tapping Oklahoma's energy
resources."
As part of the MOU, Fluor-with
Pike Electric Corporation as a subcontractor to
Fluor-will provide initial permitting and
development support services for the Plains &
Eastern Clean Line.
Click here for more on this
transmission line project from Clean
Line. |
National
FFA Foundation Receives Record $16 Million in
Donations in 2011
Two
months ago, the National FFA Organization
announced a new record membership of 540,379
students thanks to more than 17,000 students in
the U.S., Puerto Rico and the Virgin Islands
signing up during the 2010-11 school
year.
The organization's fundraising arm,
the National FFA Foundation, announced it raised a
record $16 million through corporate and private
financial contributions to support FFA in
2011.
The foundation welcomed 40 new
corporate sponsors in 2011, raising the total
number to 1,212. Three new corporations combined
for a $3 million gift to FFA. The foundation also
drew more than 80 new companies and organizations
as exhibitors at the 2011 National FFA Convention
& Expo, the nation's largest gathering of
students. More than 53,350 FFA members, teachers
and school administrators attended the 2011
event.
Click here for more from the National
FFA Foundation on their donations over the past
year. |
Vote
Miss Oklahoma Betty Thompson as America's
Choice
The 2012
Miss America Pageant is bringing back a public
voting aspect for the upcoming pageant! The public
can vote on the videos that the contestants have
made to determine who will be America's Choice and
automatically be placed in the top 15.
Of
course, Miss Betty Thompson is representing
Oklahoma as Miss Oklahoma with her platform of
"Milk, It Really Does a Body Good."
Miss
Thompson has been working with the Fuel Up to Play
60 campaign to help promote the dairy industry and
healthy lifestyles to youth across the state of
Oklahoma. Click here to listen to our interview
with her at a recent Fuel Up to Play 60 event in
Guthrie.
You
can vote for Miss Betty Thompson two different
ways. You can click here to go to the Miss America
website and vote for Betty's video.
Or
you can visit the Video Contest page for the
Miss America Organization through Facebook.
Go
cast your vote for Miss Oklahoma - Betty
Thompson! |
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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