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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 $11.56 per bushel-
2012
New Crop contracts for Canola are now available at
$11.99 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,
January 26, 2012 |
Howdy
Neighbors!
Here is your daily Oklahoma farm and ranch
news update.
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Featured
Story:
House Ag Committee Chair
Lucas Offers Reaction to State of the Union
Address- and
More
The
Chairman of the House Ag Committee, Oklahoma's
Third District Congressman Frank Lucas, spent time
on the long line from Washington Wednesday morning
with Ed Richards of the Radio Oklahoma Network.
Congressman Lucas offered his reaction to
President Obama's State of the Union Address, as
well as some of his ideas to move forward with the
writing of the 2012 Farm Bill.
The Chairman
would not offer a timeline on when we might see
movement in the development of the 2012 bill- but
instead told Richards that we will do what we can
get done- and if we can't complete the process
there is nothing wrong with an extension that
would take us out another crop year. In
fact, that also seems like the preferred option at
this point to the Chairman- assuming you could
find the budget dollars to make that work.
Worse
case scenario for Congressman Lucas on pushing
forward farm policy this year is to wait until a
possible lame duck session to shove through a 2012
farm bill. That would mean leaving his
winter wheat farmer constituents out "on their
own" as they plant the 2012 crop next September
and October with no real idea of what a farm
safety net might look like.
Click here to hear the full
conversation that Ed had with Chairman Lucas-
several other topics were covered beyond the State
of the Union and the farm bill work.
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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 Tulsa Farm Show held each December. Click here for the
Midwest Farm Show main websiteto
learn more about their lineup of shows around the
country!
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Healthy
Soil Delivers Biological Horsepower for a No Till
Farming
Operation
North
Dakota farmer Gabe Brown was one of the most
popular speakers at this year's No Till on the
Plains in Salina, Ks. Brown told the story of his
farm and the fact that now he is farming "in
nature's image" using cover crops extensively,
which has allowed him to eliminate commercial
fertilizers and greatly reduce herbicides. His
cover crops are not just a single variety or
plant- but rather what he calls a cocktail of
several types of plants- up to a nine way mix of
plants which he contends rapidly improves the
health of his soil.
Brown talked with
us about his "mob grazing" concept of grazing
large numbers of cattle for a very limited amount
of time. He will take a large number of cattle and
graze them for just a few hours before moving them
to the next section. He contends his rate of gain
can easily be two to three pounds daily.
Gabe
Brown was one of the most fascinating of the many
excellent speakers that No Till on the Plains had
here in 2012- go to our website and take a listen
to some of his ideas about how to farm for
dollars- instead of for pennies.
Click here for our webstory which
features our visit with Gabe Brown about his use
of cover crops- and a lot more.
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Rising
Farm Income Boosts Farmland Values and Bank
Profits
Strong
farm income propelled farmland values to record
highs and strengthened loan portfolios at
agricultural banks at the end of 2011, according
to the Federal Reserve System's Agricultural
Finance Databook.
Crop prices remained
historically high but volatile through the fall
harvest, underpinning robust farm income
expectations in areas with favorable yields.
Cropland values across the Corn Belt and northern
Plains soared to all-time highs with many states
posting annual value gains between 20 and 40
percent. Brisk bidding at farmland auctions kept
prices high and enticed landowners to place their
land holdings up for sale.
Agricultural bank profits improved as
borrowers repaid farm debts. In the third quarter,
the return on assets at agricultural banks rose
further and remained stronger than their banking
peers. The share of delinquent farm real estate
loans fell, and delinquent non-real estate loan
volumes hit their lowest level since
2009.
Click here for more on what Jason
Henderson and the KC Federal Reserve bank are
thinking about agriculture here in the
heartland of America.
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You
Can Stretch Your Hay Supplies as You Feed Your
Cattle This Winter
Hay
in Oklahoma and Texas continues to be a scarce
commodity- and prices of hay rolling in on semis
from the north are extremely high. Dave Lalman,
Oklahoma State University Extension Beef Cattle
Specialist, says there are some relatively simple
ideas that ranchers can put into place that will
help stretch each large square or round bale that
you may open up to feed.
On today's
Beef Buzz, Dr. Lalman says one of the best ways to
stop wasting hay as you put it in front of your
cattle is to purchase a feeder with a floor in it
to hold your large round bales. Savings of hay can
easily be twenty percent or more. Another way to
stetch you limited hay supplies is to simply feed
a little less each day and force the cattle to
clean up what you put down for them each
day.
The Beef Buzz is a regular feature
heard on radio stations around the region on the
Radio Oklahoma Network- but is also a regular
audio feature found on this website as well. Click here for today's show- and
check out our archives for older Beef Buzz shows
covering the gamut of the beef cattle industry
today.
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High
Court Tosses California 'Downer' Law
In
a unanimous decision issued today, the U.S.
Supreme Court struck down a California law that
bans the processing of all non-ambulatory animals,
including hogs. The National Farmers Union and the
National Pork Producers Council hailed the ruling.
The California Legislature approved the
law in 2008 after a video was released by animal
activists, showing non-ambulatory, or "downed,"
cows at a California beef packing plant being
dragged and prodded to enter the processing line.
The statute prohibited the buying, selling, or
receiving of non-ambulatory animals, the
processing, butchering or selling of meat or
products from non-ambulatory animals for human
consumption and the holding of non-ambulatory
animals without taking immediate action to
humanely euthanize them.
The U.S.
Department of Agriculture already forbids the
slaughter of "downed" cattle.
The National
Meat Association (NMA) challenged the law, and a
federal district court judge in California blocked
it. But the U.S. Court of Appeals for the Ninth
Circuit in San Francisco in 2010 overturned the
lower court ruling. NMA appealed the case to the
Supreme Court, arguing that the Federal Meat
Inspection Act (FMIA) pre-empts the California
law.
Click here for more of the farm group
reaction to this decision coming from the US
Supreme Court as it relates to California trying
to preempt federal law.
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Collaboration
Set to Revolutionize Feed Efficiency in
Cattle
The
challenges that are ahead for the US cattle
industry- as well as for all of production
agriculture- are enormous, as the need ahead is to
feed more people with fewer resources. As a
result, ways to measure efficiency when to comes
to how much cattle are eating and drinking could
help us may help produce more beef with fewer
resources.
As a linchpin to more efficient
cattle production, The Noble Foundation and
GrowSafe Systems Ltd. have formed a collaboration
to test and leverage GrowSafe's latest technology
to better understand feed efficiency in
pasture-fed beef cattle and develop tools for
sustainably improving production of grazing
livestock.
"More efficient cattle
production is essential," said Billy Cook, Ph.D.,
director of the Noble Foundation's Agricultural
Division. "Efficient livestock production
maximizes natural resources, supports the
producer's bottom line and keeps food costs
manageable for the consumer."
This
is high tech stuff- and we understand that the
Noble Foundation folks as well as GrowSafe will be
in Nashville next week and we will have a chance
to drill down further on this story. In the
meantime, click here for more from the news
release from the Noble Foundation on this new
partnership they have recently formed.
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Obama's
Regulations No Laughing Matter for America's
Farmers and Ranchers- or as Dick Vitale says- "Are
you kidding me???"
The
Chairman of the House Ag Committee, Frank Lucas,
and his GOP partners on the House Ag Committee are
not laughing over the "spilled milk" joke that the
President of the United States used on Tuesday
evening. Instead, they say it sums what many
who oppose President Obama on a variety of issues
say- what the man says has no connection to his
actions- or the actions of his Administration.
The
House Ag Committee's Chairman issued the following
statement this week after contemplating the words
of the President during the 2012 State of the
Union:
"In
his State of the Union Address on Tuesday,
President Obama addressed criticisms of
over-regulation by his administration. He claimed
success for exempting dairy farmers from an Oil
Spill Prevention, Control and Countermeasure
(SPCC) program mandate that would have regulated
milk the same way as oil:
"We got rid of
one rule from 40 years ago that could have forced
some dairy farmers to spend $10,000 a year proving
that they could contain a spill - because milk was
somehow classified as an oil. With a rule like
that, I guess it was worth crying over spilled
milk."
"The truth is that the Obama
administration actually withdrew the Bush
administration's proposal to exempt dairy farmers
from oil spill regulations, and then delayed their
decision on this exemption for nearly two years.
"
Read the rest of the Lucas reaction
as released by the House Ag Committee on Wednesday
by clicking here.
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God Bless!
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phone: 405-473-6144
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