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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 $11.81 per bushel-
2012
New Crop contracts for Canola are now available at
$12.03 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
Tuesday,
January 10, 2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured Story:
USDA
Secretary Vilsack Unveils Plan to Close 259 USDA
Offices Across the US- Six in Oklahoma
The
U.S. Department of Agriculture (USDA) must be
built to meet the evolving needs of a 21st century
agricultural economy, Agriculture Secretary Tom
Vilsack said Monday in presenting USDA's Blueprint
for Stronger Service, a plan that helps producers
continue to drive America's economy by
streamlining operations and cutting costs.
Cutting
costs- in this situation- means closing 259
domestic offices of the USDA- including a half
dozen in the state of Oklahoma. At the top of the
list of closings in Oklahoma is the Ag Research
Service office at the Lane Research Center, which
has been a joint effort of OSU Ag Experiment
Station and the USDA. Vilsack also proposes to
close Farm Service Agency offices in Mayes and
Pawnee Counties, Rural Development Offices in
Pushmataha and Pittsburg Counties- and the the
Food and Nutrition Service Office in Oklahoma
City.
"The USDA, like families and
businesses across the country, cannot continue to
operate like we did 50 years ago," said Vilsack.
"We must innovate, modernize, and be better
stewards of the taxpayers' dollars. We must build
on the record accomplishments of farm communities
in 2011 with a stronger, more effective USDA in
2012 and beyond."
where you can read more about the Blueprint
for Stronger Service- we have a US map that shows
where the closing offices are located- we have a
video of the Secretary explaining these moves and
we have the audio of Vilsack's speech yesterday
afternoon in Hawaii to the AFBF where he rolled
out the Blueprint.
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Sponsor
Spotlight
It is also great to have as
an annual sponsor on our daily email Johnston
Enterprises- proud to be serving agriculture
across Oklahoma and around the world since 1893.
One of the great success stories of the Johnston
brand is Wrangler Bermudagrass- the most widely
planted true cold-tolerant seeded forage
bermudagrass in the United States. For more on
Johnston Enterprises- click here for their
brand new website!
And we are proud to
have P & K Equipment/ P & K Wind
Energy as one of our regular sponsors of our
daily email update. P & K is the premiere John
Deere dealer in Oklahoma, with ten locations to
serve you, and the P & K team are excited
about their new Wind Power program, as they offer
Endurance Wind Power wind turbines. Click here for more from
the P&K website.
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Scott
Neufeld Talks Farm Bill Ideas At American Farm
Bureau Meeting in
Hawaii
On
Tuesday, the American Farm Bureau delegates from
across the United States will gather at the 93rd
annual convention of that organization in Hawaii-
and attempt to hammer out their position on a wide
variety of issues- including their stance on what
should make up the Commodity Title in the next
farm bill to be written by members of Congress
this year.
While AFBF delegates have
been meeting for months to discuss and develop
farm bill proposals, there has been a great deal
of diversity among the delegates about the best
path forward. Some southern state leaders demanded
continuation of direct payments, which send about
$5 billion into farmer's pockets each
year-regardless of whether they plant a crop.
Others argued that direct payments are no longer
sustainable in today's fiscal environment and that
a new form of safety net should be developed.
Oklahoma
Farm Bureau established a Farm Bill Task Force at
the 2010 state convention- and Scott Neufeld from
Major County has been the Chair of this group.
Neufeld talked with farm broadcast colleague Jeff
Nalley over the weekend as the AFBF annual
convention kicked off- and you can listen to Jeff
and Scott discuss the process within Oklahoma- and
Neufeld's message to other delegates he will be
offering on behalf of Oklahoma Farm Bureau
members.
Click here for our Ag Perspectives
Podcast that features Scott Neufeld from
Fairview, Oklahoma as he talks farm policy
concepts from Honolulu and the American Farm
Bureau convention.
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Drought
Fears Remain for Oklahoma Cattle Producers
November
and December moisture means that some areas of the
Southern Plains are in better shape than this time
last year, at least as far as soil moisture.
Nevertheless, Dr. Derrell Peel with Oklahoma State
University says the region is still in drought and
it is still very much a question of what the
region will look like when the growing season
begins in the spring.
Producers
who sold many or all of their cattle in 2011 are
waiting to see if the drought abates in 2012 and
should be developing a rebuilding strategy that
can be activated in the spring if conditions
improve. Significant reduction in drought
conditions will likely lead to rapid and strong
demand for breeding animals and extremely high
prices are likely. Producers need to plan for both
forage recovery and cattle market conditions in
terms of exactly how and how fast to rebuild cow
herds. There will likely not be enough bred cows
or cow-calf pairs to meet demand in the region and
a slower strategy utilizing stockers to sell or
stocker heifers as replacements may be attractive
to some producers.
Click here for the rest of Dr. Peel's
analysis of our beef cattle industry as we
begin 2012. |
Beef
Choice-Select Spreads Narrow in the Latest Week
The
difference between choice and select wholesale
beef prices narrowed this past week, as choice rib
prices fell as select rib values were stable.
Meanwhile, cash cattle prices ready for slaughter
were steady to mostly a dollar cheaper on the
week- with the Texas-Oklahoma feedlots seeing
prices mostly around $121 per hundredweight.
Ed
Czerwin of the USDA Market News Office in Amarillo
offers his insights for the week ending January 6,
2012.
Click here for Ed's audio
reviewof the beef marketplace.
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A
High Volatility, 'Fierce' Acreage War Ahead for
Growers
Solid
risk management "has never been more important"
for producers of the nation's major commodities,
given a range of volatility factors, North
Carolina State University Extension specialist
Nicholas Piggott told producers at the American
Farm Bureau Federation's 93rd Annual Meeting.
During
AFBF's session on the outlook for corn, soybeans,
wheat and cotton, the Australian-born ag economist
said that he anticipates "another fierce
acreage-bidding war" this season. "This is
fantastic for you farmers out there," Piggott
argued, citing producer reaction to strong market
signals.
However, "acreage is not
limited," and tight corn stocks and continued high
prices should translate to a significant boost in
nationwide corn acreage, likely at the expense of
cotton, and possibly soybean, production. Piggott
noted 2011 was a "great year" for corn, cotton,
and wheat but only a "moderate year" for soybeans,
and this season's U.S. bean market outcome may
depend largely on South American weather and its
impact on foreign supply.
Click here for more of the analyis
offered by Piggott at this year's AFBF
meeting.
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Deadline
This Friday- Conservation Stewardship Program
Applications Due by January 13
USDA's
Natural Resources Conservation Service reminds you
that the ranking period cut-off date for the
Conservation Stewardship Program (CSP) is this
Friday- January 13, 2012. Producers interested in
CSP should submit applications to their local NRCS
office by the deadline so that their applications
can be considered during the first ranking period
of 2012.
"CSP
is one of our most popular conservation programs,
and we expect to receive many applications," NRCS
Chief Dave White said. "I encourage all farmers
and ranchers who are interested in applying to
contact their local NRCS office as soon as
possible so they can meet the deadline."
You
can submit your application for CSP anytime- but
if you don't get your application in for this
program by Friday- that application won't
considered until next year. Only
applications in by January 13 will be looked at in
the 2012 ranking process.
Click here for the CSP website for
more details- and you can contact your local
NRCS office if you have questions about your
eligibility for this green payment
program.
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Coming
Attractions- International Livestock Congress-
Oklahoma Wheat Commission and No Till on the
Plains
The
International Livestock Congress
is happening today in Denver- we mentioned that in
yesterday's email and our story on Judd Capper who is
their leadoff speaker. We neglected to
mention that there is an Oklahoma cattleman who
will also be up on stage at the event- Richard
Gebhart of Tulsa will be describing
"Sustainability" in the context of being a beef
cattle producer.
The
Oklahoma Wheat Commission will have their regular
monthly board meeting this coming Thursday- this
month meeting in Enid. Click here for the location and
agenda of the meeting- which starts at 2 PM on
Thursday.
This
Friday is the early registration deadline of the
16th Annual Winter Conference of No Till on the
Plains- you save fifty bucks by signing up for the
event early. Click here for our No Till calendar
item which provides details about the
conference and how to register.
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God Bless!
You can reach us at the following:
phone: 405-473-6144
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