~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~Oklahoma's latest farm and ranch news
Your Update from Ron Hays of RON for Wednesday, August 17, 2011A service of Producers Cooperative Oil Mill, Midwest Farm Shows and KIS Futures!
-- President Obama Talks Biofuels- Farm Payment Limits and Rural Development As He Rolls Through Iowa
-- OSU's Dr. David Lalman says There are Other Options for Beef Producers Dealing with Drought
-- Drought Has Been a Game Changer for Cattle says Jim Robb, Livestock Market Information Center
-- Canola TV- Gene Neuens Talks Canola Crushing and Canola in 2012
-- American Farmers and Ranchers Announce August Local and County Meetings
-- Biodiesel Industry Produces Record Volume and Increases Job Creation
-- Dairy Policy Contemplated, Joint Water Meeting Today and Farm Computer Use Keeps Growing
-- Let's Check the Markets!
Here's your morning farm news headlines from the Director of Farm Programming for the Radio Oklahoma Network, Ron Hays. We are proud to have KIS Futures as a regular sponsor of our daily email update. KIS Futures provides Oklahoma Farmers & Ranchers with futures & options hedging services in the livestock and grain markets- Click here for the free market quote page they provide us for our website or call them at 1-800-256-2555- and their IPHONE App, which provides all electronic futures quotes is available at the App Store- click here for the KIS Futures App for your Iphone.
We are also 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 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.
President Obama Talks Biofuels- Farm Payment Limits and Rural Development As He Rolls Through Iowa
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~President Barack Obama felt the love in several small Iowa communities on Tuesday as his three day bus tour rambled through a corner of the Hawkeye state. The President started the day in a local cafe- chowing down on some eggs and toast- and asked for bacon- which he got- and on which he bragged.
He then made his way to the Rural Economic Forum held Tuesday afternoon at Community College in Peosta, Iowa, where President Obama called for speeding up the development of the next generation of biofuels. But, some no longer see biofuels as innovative. The President also stressed the importance of expanding renewable energy sources like wind, solar and geothermal. He told a panel - I think it could generate hundreds of thousands of jobs all across the country.
The President also pushed his position on the three FTAs held hostage
by his demand that a union worker benefits program be reauthorized.
President Obama told his audience - we should pass trade deals that will
level the playing field for American companies. No folks benefit more than
rural Americans when it comes to our trade. That's the reason that our
agricultural sector is doing incredibly well, and that has spillover
effects, ripple effects throughout the economy here.
After his stop at the Rural Economic Forum, the President engaged in a
little economic development himself, stopping the bus for an afternoon
treat. Here's the account from the pool report of media covering the Obama
Click on the LINK below to read more about President Obama's day in Iowa- and you can also hear an audio overview we have from the Ag Policy breakout session in Peosta.
OSU's Dr. David Lalman says There are Other Options for Beef Producers Dealing with Drought
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The drought across Oklahoma is continuing to affect beef cattle producers despite many of the recent rains seen across the state. From the liquidation of cattle herds to the rising price of hay to feed those cattle herds, producers are dealing daily with the consequences of severe drought. But, according to David Lalman, Oklahoma State University Beef Cattle Specialist, OSU Extension Educators are stepping up to help these producers.
A series of drought meetings have been held across the state to help cattle producers deal with set backs. Lalman says there were 200 attendees at a meeting in Woodward, Okla., and 225 at a meeting in Enid, Okla. Lalman says producers are desperate but they are responding and trying to find what other options they have.
Lalman says there are other options for producers, like evaluating the amount of inputs needed by the cow herd. One option, says Lalman, is to utilize a feed additive (Rumensin) that reduces hay intake by about 10% without changing the performance. Recent data at OSU shows that there was actually an increase in performance in about 60 days, and increased the weight gain by about half a pound per head per day, says Lalman. Rumensin is almost universally utilized in the feedlot end of the beef chain- but few cow calf producers take advantage of it because we have never had this severe of a feed shortage anytime in recent memory. Cost is about two cents per cow per day.
Click on the LINK below to listen to the rest of our conversation with Dr. Lalman on how beef cattle producers can deal with drought affecting their cow herd and more information on drought meetings and other tips from OSU Beef Extension on dealing with drought.
Click here for more on options for cattle producers from Dr. Lalman
Drought Has Been a Game Changer for Cattle says Jim Robb, Livestock Market Information Center
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~The drought in Oklahoma has caused a series of changes within the cattle market. One of the biggest changes has been the moving of livestock off the ranch and onto feedlots earlier than expected. Jim Robb of the Livestock Market Information Center says this is one of many disruptions caused by the drought, but he is surprised there have not been more.
With the large numbers of cattle being moved into the marketplace in this kind of drought, Robb says you would expect a little more negative price impact. Robb says as we look forward to the upcoming Cattle on Feed report, we should be expecting record numbers when it comes to pulling of cattle to the Texas, Oklahoma, and New Mexico feedyards.
According to Rich Nelson of Allendale, July Placements are expected to be 14.5% larger than last year. The extreme drought in the Plains was seen as the primary mover in higher placements. This overrode the small supply of available calves and feeders and even the negative margins from outgoing cattle. Losses of over $125 per head were seen on July marketings. This is three months in a row of over $100 per head feeding losses! Cattle placed in July will be marketed from December through March.
Our Beef Buzz programs are heard on many of our great radio stations across the region that are a part of the Radio Oklahoma Network. They can also be heard on our website- to see a full list of previous Beef Buzz reports, go towww.OklahomaFarmReport.Com and click on the Beef Buzz button on the left hand side of any page. Click on the LINK below for this Beef Buzz featuring Jim Robb.
Click here to listen to more from Jim Robb on the upcoming Cattle on Feed report
Canola TV- Gene Neuens Talks Canola Crushing and Canola in 2012
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~In the latest edition of Canola TV, Gene Neuens of Producers Cooperative Oil Mill gives us an update on the process for canola now that harvest is complete, as well as, what producers should consider as we prepare for the 2012 crop season.
Neuens says as they begin crushing the canola, this canola crop does not look as good as last year. With a 4-5% decrease in oil and an increase in fatty acid, which comes from the heat in the field, the quality of canola for 2011 will be lower according to Neuens. Also, PCOM plans to begin crushing canola from local producers and producers in North Dakota.
As producers gear up for the 2012 crop year, Neuens suggests looking at the economics of canola compared to wheat. Neuens says there is a significant demand for canola that will only continue to grow in the upcoming year.
Click on the LINK below to hear more from Gene Neuens on canola crushing throughout the winter months and preparing for canola planting in the 2012 crop year.
American Farmers and Ranchers Announce August Local and County Meetings
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~American Farmers & Ranchers has scheduled five meeting locations for this years' August kick-off of local/county meetings cycle. "Boots on the Ground" is the theme for this years' meetings. The first of those meetings was last night in Elk City- with four more to come between now and September 6th. The next meeting scheduled is in Enid this Thursday evening.
AFR is encouraging everyone to become involved, regardless of the shoes they wear or their background. The meetings will include staff reports, local and county organizational information and state and federal legislative policy updates. These meetings will be a great opportunity for members to provide feedback on policy issues and give their input on current and future activities of the farm and cooperative organization.
All AFR local/county officers, boards and members are invited to attend. A light meal will be served and an RSVP is requested for attendance by calling 1-800-324-7771. ext. 5552 (Micki) or 5567 (Marilyn). Each meeting will begin promptly at 6:30 p.m. with the meal at 6:15 p.m.
Click here to see a complete list of meeting days and locations
Biodiesel Industry Produces Record Volume and Increases Job Creation
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~U.S. biodiesel production reached a new monthly high of 81 million gallons in June, according to the latest EPA statistics, marking a third consecutive month of record volumes and continuing a remarkable turnaround in which biodiesel production in the first half of 2011 has already eclipsed production for all of 2010.
The new numbers - coming after Congress reinstated the biodiesel tax incentive this year - demonstrate the power that strong domestic energy policy can have in helping create jobs and economic activity.
Despite the weak economy, the biodiesel industry is on track to produce at least 800 million gallons this year, more than double biodiesel production of 315 million gallons last year, when Congress allowed the biodiesel tax incentive to temporarily lapse. According to a recent economic study, this year's rejuvenated production will support more than 31,000 U.S. jobs and generate income of nearly $1.7 billion to be circulated throughout the economy. It also is expected to generate an estimated $345 million in federal tax revenue and $283 million in state and local tax revenues.
"We've dramatically increased production and doubled our number of employees at a time when many industries are shrinking or treading water," said Ben Wootton, owner of Keystone Biofuels in Camp Hill, Pa. "It's like night and day from 2010. I think that's a testament to biodiesel's staying power as an advanced biofuel and also to strong federal policy. We're a young industry, and we wouldn't be where we are today without the tax incentive - and a lot more people would be standing in the unemployment line."
Dairy Policy Contemplated, Joint Water Meeting Today and Farm Computer Use Keeps Growing
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~In a statement released by the dairy organization Dairy Farmers of America- they report that their Board and management commend Reps. Collin Peterson, D-Minn., and Mike Simpson, R-Idaho, for their bipartisan leadership in the effort to reform dairy policy.
Both lawmakers support a federal re-write of dairy policy- you can see the DFA statement regarding these two lawmakers and their hopes for legislation to be dropped into the hopper come September- click here for the DFA statement.
Here in Oklahoma- the 16 members of the Joint Legislative Committee on Water Issues meets for the first time this morning at the state Capitol in the House Chamber- start time is 9 AM. On their agenda for this first meeting is a discussion of water law in the state and interstate compacts. After lunch, they plan on turning their attention to Indian Water law and Treaty Agreements. If you can't be at the Capitol- it will be streamed live- click here for that feed.
In recent days, the USDA has released the latest details of computer
use down on the farm- and confirms it keeps growing. According to the
report- "A total of 62 percent of U.S. farms now have Internet access,
compared with 59 percent in 2009. Sixty-five percent of farms have access
to a computer in 2011, up 1 percentage point from 2009. The proportion of
U.S. farms owning or leasing a computer in 2011, at 63 percent, was up 2
percentage points from 2009. Farms using computers for their farm business
remained virtually stable at 37 percent in 2011 compared to 36 percent in
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Let's Check the Markets!
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~We've had requests to include Canola prices for your convenience here- and we will be doing so on a regular basis. Current cash price for Canola is $12.56 per bushel, while the 2012 New Crop contracts for Canola are now available are $12.88 per bushel- delivered to local participating elevators that are working with PCOM.
Here are some links we will leave in place on an ongoing basis- Click
on the name of the report to go to that link:
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